Midstream — Selling, General and Administrative Expense
Phillips 66 Midstream — Selling, General and Administrative Expense increased by 3.7% to $56.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.7%, from $53.00M to $56.00M. Over 3 years (FY 2022 to FY 2025), Midstream — Selling, General and Administrative Expense shows a downward trend with a -5.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may indicate rising administrative overhead or expansion of corporate support, while a decrease suggests improved cost management or operational streamlining.
Detailed definition
Represents the overhead costs associated with managing and operating the midstream segment, including administrative sal...
Peer comparison
Standard across energy midstream peers as SG&A or operating overhead.
psx_segment_midstream_selling_general_and_administrative_expenseHistorical Data
| 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 | $63.75M | $63.75M | $63.75M | $63.75M | $110.25M | $110.25M | $110.25M | $110.25M | $76.00M | $42.00M | $52.00M | $43.00M | $53.00M | $52.00M | $58.00M | $54.00M | $56.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +72.9% | +0.0% | +0.0% | +0.0% | -31.1% | -44.7% | +23.8% | -17.3% | +23.3% | -1.9% | +11.5% | -6.9% | +3.7% |
| YoY Change | — | — | — | — | +72.9% | +72.9% | +72.9% | +72.9% | -31.1% | -61.9% | -52.8% | -61.0% | -30.3% | +23.8% | +11.5% | +25.6% | +5.7% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Phillips 66's midstream — selling, general and administrative expense?
- Phillips 66 (PSX) reported midstream — selling, general and administrative expense of $56.00M in Q1 2026.
- How has Phillips 66's midstream — selling, general and administrative expense changed year-over-year?
- Phillips 66's midstream — selling, general and administrative expense increased by 5.7% year-over-year, from $53.00M to $56.00M.
- What is the long-term trend for Phillips 66's midstream — selling, general and administrative expense?
- Over 3 years (2022 to 2025), Phillips 66's midstream — selling, general and administrative expense has grown at a -5.2% compound annual growth rate (CAGR), from $255.00M to $217.00M.
- What does midstream — selling, general and administrative expense mean?
- The administrative and overhead costs required to run the midstream business segment.