Phillips 66 PSX Derivative Liability, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash Offset

Derivative Liability, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash Offset at other companies

Phillips 66PSX

$1.5B+1,137%

PNC Financial ServicesPNC

$747M-16.7%

Wells Fargo & CompanyWFC

$11.2B-24.1%

American International GroupAIG

$175M-27.1%

BK

BKBK

$1.96B+102%

Bank of AmericaBAC

$29.8B+7.2%

Questions, answered.

What is Phillips 66's derivative liability, subject to master netting arrangement, collateral, right to reclaim cash offset?

Phillips 66 (PSX) reported derivative liability, subject to master netting arrangement, collateral, right to reclaim cash offset of $1.5B in Q1 2026.

How has Phillips 66's derivative liability, subject to master netting arrangement, collateral, right to reclaim cash offset changed year-over-year?

Phillips 66's derivative liability, subject to master netting arrangement, collateral, right to reclaim cash offset increased by 1137.2% year-over-year, from $121M to $1.5B.

What is the long-term trend for Phillips 66's derivative liability, subject to master netting arrangement, collateral, right to reclaim cash offset?

Over 5 years (2020 to 2025), Phillips 66's derivative liability, subject to master netting arrangement, collateral, right to reclaim cash offset has grown at a -15.3% compound annual growth rate (CAGR), from $46M to $20M.

What does derivative liability, subject to master netting arrangement, collateral, right to reclaim cash offset mean?

This represents the cash collateral held by counterparties that the company has a right to reclaim, specifically related to derivative liabilities subject to master netting arrangements. It quantifies the liquidity tied up in collateral accounts to secure derivative positions. Monitoring this helps investors understand the cash flow impact of margin requirements in volatile commodity markets.