Phillips 66 Renewable Fuels — Investments In and Advances to Affiliates remained flat by 0.0% to $15.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $15.00M to $15.00M.
An increase indicates growing strategic investment in renewable energy partnerships, while a decrease may signal divestment or the conversion of equity interests into consolidated assets.
This metric represents the carrying value of equity-method investments and outstanding loans or advances provided to joi...
Comparable to equity-method investment balances in renewable energy joint ventures reported by other integrated oil and gas majors or independent refiners.
psx_segment_renewable_fuels_investments_in_and_advances_to_affiliates| Q4 '22 | Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | $19.00M | $18.00M | $16.00M | $15.00M | $14.00M | $15.00M | $15.00M | $15.00M |
| QoQ Change | — | -5.3% | -11.1% | -6.3% | -6.7% | +7.1% | +0.0% | +0.0% |
| YoY Change | — | -5.3% | -11.1% | — | — | — | -6.3% | +0.0% |