Business Segments · D&A
Midstream — D&A
Phillips 66 Midstream — D&A increased by 5.8% to $274.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.6%, from $233.00M to $274.00M. Over 3 years (FY 2022 to FY 2025), Midstream — D&A shows an upward trend with a 22.0% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ1 2026
Rolls up toD&A
How to read this metric
Higher values reflect a larger asset base or recent capital investments, while lower values may indicate aging infrastructure or fully depreciated assets.
Detailed definition
The systematic allocation of the cost of tangible and intangible midstream assets, such as pipelines, storage tanks, and...
Peer comparison
Commonly reported by all capital-intensive midstream and pipeline operators.
Metric ID:
psx_segment_midstream_depreciation_and_amortizationHistorical Data
18 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $70.00M | $141.75M | $141.75M | $141.75M | $141.75M | $230.75M | $230.75M | $230.75M | $230.75M | $229.00M | $224.00M | $233.00M | $234.00M | $233.00M | $260.00M | $278.00M | $259.00M | $274.00M |
| QoQ Change | — | +102.5% | +0.0% | +0.0% | +0.0% | +62.8% | +0.0% | +0.0% | +0.0% | -0.8% | -2.2% | +4.0% | +0.4% | -0.4% | +11.6% | +6.9% | -6.8% | +5.8% |
| YoY Change | — | — | — | — | +102.5% | +62.8% | +62.8% | +62.8% | +62.8% | -0.8% | -2.9% | +1.0% | +1.4% | +1.7% | +16.1% | +19.3% | +10.7% | +17.6% |
Range$70.00M – $278.00M
CAGR+37.9%
Avg YoY Growth+29.8%
Median YoY Growth+16.8%
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Frequently Asked Questions
- What is Phillips 66's midstream — d&a?
- Phillips 66 (PSX) reported midstream — d&a of $274.00M in Q1 2026.
- How has Phillips 66's midstream — d&a changed year-over-year?
- Phillips 66's midstream — d&a increased by 17.6% year-over-year, from $233.00M to $274.00M.
- What is the long-term trend for Phillips 66's midstream — d&a?
- Over 3 years (2022 to 2025), Phillips 66's midstream — d&a has grown at a 22.0% compound annual growth rate (CAGR), from $567.00M to $1.03B.
- What does midstream — d&a mean?
- The non-cash expense representing the wear and tear of midstream infrastructure assets over time.