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.
An increase typically signals capital expansion or acquisition activity, whereas a decrease may indicate asset depreciation, impairment, or strategic divestment.
This metric represents the aggregate book value of all physical and intangible assets specifically allocated to the mids...
Comparable to total segment assets reported by other integrated energy or midstream-focused companies, adjusted for differences in accounting for joint ventures.
psx_segment_midstream_total_assets| 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 | $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% |