Phillips 66 PSX Asset retirement obligations and accrued environmental costs
Asset retirement obligations and accrued environmental costs at other companies
Other financials
Where this comes from
Reported directly by Phillips 66 in its filing.
Tagged under the XBRL concept psx:AssetRetirementObligationsAndAccruedEnvironmentalCost.
The official record: Phillips 66’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Phillips 66's asset retirement obligations and accrued environmental costs?
- Phillips 66 (PSX) reported asset retirement obligations and accrued environmental costs of $991M in Q1 2026.
- How has Phillips 66's asset retirement obligations and accrued environmental costs changed year-over-year?
- Phillips 66's asset retirement obligations and accrued environmental costs decreased by 13.9% year-over-year, from $1.15B to $991M.
- What is the long-term trend for Phillips 66's asset retirement obligations and accrued environmental costs?
- Over 5 years (2020 to 2025), Phillips 66's asset retirement obligations and accrued environmental costs has grown at a 9.2% compound annual growth rate (CAGR), from $657M to $1.02B.
- What does asset retirement obligations and accrued environmental costs mean?
- The estimated liability for the future costs of dismantling, removing, and restoring sites at the end of an asset's useful life. This is particularly relevant for companies with significant physical infrastructure like refineries and pipelines.