Business Segments · Total Assets

Midstream — Total Assets

Phillips 66 Midstream — Total Assets increased by 0.6% to $30.35B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.7%, from $27.42B to $30.35B. Over 4 years (FY 2021 to FY 2025), Midstream — Total Assets shows an upward trend with a 17.2% CAGR.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ1 2026
Rolls up toTotal Assets

How to read this metric

An increase typically signals capital expansion or acquisition activity, whereas a decrease may indicate asset depreciation, impairment, or strategic divestment.

Detailed definition

This metric represents the aggregate book value of all physical and intangible assets specifically allocated to the mids...

Peer comparison

Comparable to total segment assets reported by other integrated energy or midstream-focused companies, adjusted for differences in accounting for joint ventures.

Metric ID: psx_segment_midstream_total_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$15.19B$16.06B$15.93B$16.14B$16.24B$31.13B$30.27B$29.36B$29.29B$29.51B$29.11B$28.95B$28.21B$28.49B$28.33B$27.42B$30.19B$30.30B$30.17B$30.35B
QoQ Change+5.7%-0.8%+1.3%+0.6%+91.7%-2.7%-3.0%-0.2%+0.8%-1.4%-0.5%-2.6%+1.0%-0.6%-3.2%+10.1%+0.4%-0.4%+0.6%
YoY Change+6.9%+93.8%+90.0%+81.9%+80.4%-5.2%-3.9%-1.4%-3.7%-3.5%-2.7%-5.3%+7.0%+6.3%+6.5%+10.7%
Range$15.19B$31.13B
CAGR+15.7%
Avg YoY Growth+22.4%
Median YoY Growth+6.4%

Frequently Asked Questions

What is Phillips 66's midstream — total assets?
Phillips 66 (PSX) reported midstream — total assets of $30.35B in Q1 2026.
How has Phillips 66's midstream — total assets changed year-over-year?
Phillips 66's midstream — total assets increased by 10.7% year-over-year, from $27.42B to $30.35B.
What is the long-term trend for Phillips 66's midstream — total assets?
Over 4 years (2021 to 2025), Phillips 66's midstream — total assets has grown at a 17.2% compound annual growth rate (CAGR), from $62.48B to $118.08B.
What does midstream — total assets mean?
The total value of all physical and financial assets dedicated to the company's midstream operations.