Year-over-year, this metric grew by 100.0%, from -$1.00M to $0.00. Over 2 years (FY 2022 to FY 2025), Renewable Fuels — Equity in earnings of affiliates shows a downward trend with a 0.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Positive earnings indicate successful performance of joint ventures, while losses may signal operational challenges in those partnerships.
The company's share of net income or loss from investments in renewable fuels-related joint ventures or non-consolidated...
Common in energy sectors where joint ventures are used to share risk in new technology deployment.
psx_segment_renewable_fuels_equity_in_earnings_of_affiliates| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $250.00K | $250.00K | $250.00K | $250.00K | -$250.00K | -$250.00K | -$250.00K | -$250.00K | $0.00 | -$1.00M | -$1.00M | -$1.00M | -$1.00M | $1.00M | $0.00 | $0.00 |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -200.0% | +0.0% | +0.0% | +0.0% | +100.0% | — | +0.0% | +0.0% | +0.0% | +200.0% | -100.0% | — |
| YoY Change | — | — | — | — | -200.0% | -200.0% | -200.0% | -200.0% | +100.0% | -300.0% | -300.0% | — | +0.0% | +200.0% | — | +100.0% |