Phillips 66 Midstream — Sales and other operating revenues decreased by 1.1% to $5.52B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.2%, from $5.46B to $5.52B. Over 4 years (FY 2021 to FY 2025), Midstream — Sales and other operating revenues shows an upward trend with a 15.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher revenues generally indicate increased throughput volumes or improved service pricing, reflecting strong demand for midstream logistics.
Total revenue generated from the midstream segment's core operations, including pipeline transportation fees, storage se...
Comparable to revenue metrics for midstream service providers and pipeline operators.
psx_segment_midstream_sales_and_other_operating_revenues| Q2 '21 | Q3 '21 | 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 | $2.60B | $3.07B | $3.89B | $4.08B | $3.82B | $5.04B | $6.18B | $5.29B | $4.12B | $4.58B | $4.61B | $4.84B | $4.35B | $4.43B | $5.17B | $5.46B | $5.06B | $5.08B | $5.59B | $5.52B |
| QoQ Change | — | +18.1% | +26.8% | +5.0% | -6.4% | +31.8% | +22.8% | -14.4% | -22.1% | +11.1% | +0.6% | +5.1% | -10.2% | +2.0% | +16.6% | +5.6% | -7.4% | +0.4% | +10.1% | -1.1% |
| YoY Change | — | — | — | — | +47.1% | +64.2% | +59.0% | +29.6% | +7.9% | -9.0% | -25.5% | -8.5% | +5.4% | -3.3% | +12.2% | +12.7% | +16.3% | +14.5% | +8.1% | +1.2% |