Discontinued — last reported Q3 '19
Business Segments · PP&E (Net)
Midstream — PP&E (Net)
Analysis
StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ3 2019
Rolls up toPP&E (Net)
How to read this metric
An increasing net value typically signals ongoing capital investment exceeding the rate of depreciation, suggesting growth or modernization.
Detailed definition
This is the net book value of the midstream segment's physical assets, calculated as the gross cost minus accumulated de...
Peer comparison
Standard metric for Net PP&E used across the energy and industrial sectors.
Metric ID:
psx_segment_midstream_property_plant_and_equipment_netSimilar Metrics at Other Companies
Frequently Asked Questions
- What does midstream — pp&e (net) mean?
- The current book value of midstream physical assets after accounting for wear and tear.