Phillips 66 PSX M&S — Net gain on dispositions
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Where this comes from
Reported directly by Phillips 66 in its filing.
Tagged under the XBRL concept psx:GainLossOnDisposition.
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 M&S — net gain on dispositions?
- Phillips 66 (PSX) reported M&S — net gain on dispositions of $0 in Q1 2026.
- How has Phillips 66's M&S — net gain on dispositions changed year-over-year?
- Phillips 66's M&S — net gain on dispositions decreased by 100.0% year-over-year, from $1.02B to $0.
- What does M&S — net gain on dispositions mean?
- This represents the net profit or loss recognized from the sale or divestiture of assets, business units, or equity interests within the Marketing & Specialties segment. It is a non-operating item that reflects the company's capital recycling strategy and portfolio optimization efforts. Investors monitor this to understand one-time impacts on segment earnings.