Discontinued — last reported Q1 '26

Business Segments · Income Loss From Equity Method Investments

Refining — Income Loss From Equity Method Investments

Phillips 66 Refining — Income Loss From Equity Method Investments decreased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from -$105.00M to $0.00. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Positive earnings indicate successful partnerships, while losses may suggest underperformance of joint venture assets.

Detailed definition

The segment's proportional share of the net income or loss generated by entities in which it holds a significant influen...

Peer comparison

Standard 'Equity Earnings' reported by companies with complex JV structures.

Metric ID: psx_segment_refining_income_loss_from_equity_method_investments

Historical Data

7 periods
 Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$108.00M$33.00M-$12.00M-$105.00M-$2.00M$31.00M$0.00
QoQ Change-69.4%-136.4%-775.0%+98.1%>999%-100.0%
YoY Change-197.2%-106.1%+358.3%+100.0%
Range-$105.00M$108.00M
CAGR-100.0%
Avg YoY Growth+38.8%
Median YoY Growth-3.0%

Frequently Asked Questions

What is Phillips 66's refining — income loss from equity method investments?
Phillips 66 (PSX) reported refining — income loss from equity method investments of $0.00 in Q1 2026.
How has Phillips 66's refining — income loss from equity method investments changed year-over-year?
Phillips 66's refining — income loss from equity method investments increased by 100.0% year-over-year, from -$105.00M to $0.00.
What does refining — income loss from equity method investments mean?
The profit or loss earned from the segment's share in joint ventures or partnerships.