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Phillips 66 PSX Refining — Capital Expenditures and Investments
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Where this comes from
Reported directly by Phillips 66 in its filing.
Tagged under the XBRL concept psx:CapitalExpendituresAndInvestments.
The source filing: Phillips 66’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:43 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001534701-26-000032
| Line item | Millions of Dollars / Operating Segments / Midstream | Millions of Dollars / Operating Segments / Chemicals | Millions of Dollars / Operating Segments / Refining | Millions of Dollars / Operating Segments / M&S | Millions of Dollars / Operating Segments / Renewable Fuels | Millions of Dollars / Corporate and Other | Millions of Dollars / Total Consolidated |
|---|---|---|---|---|---|---|---|
| Three Months Ended June 30, 2026 | |||||||
| Interest Income | — | — | — | — | — | 81 | 81 |
| Capital Expenditures and Investments* | 428 | — | 255 | 20 | 6 | 17 | 726 |
| Three Months Ended June 30, 2025 | |||||||
| Interest Income | — | — | — | — | — | 34 | 34 |
| Capital Expenditures and Investments* | 384 | — | 148 | 34 | 9 | 12 | 587 |
| Six Months Ended June 30, 2026 | |||||||
| Interest Income | — | — | — | — | — | 112 | 112 |
Item 1. FINANCIAL STATEMENTS
FAQ
- What is Phillips 66's refining — capital expenditures and investments?
- Phillips 66 (PSX) reported refining — capital expenditures and investments of $255M in Q2 2026.
- How has Phillips 66's refining — capital expenditures and investments changed year-over-year?
- Phillips 66's refining — capital expenditures and investments increased by 72.3% year-over-year, from $148M to $255M.
- What is the long-term trend for Phillips 66's refining — capital expenditures and investments?
- Over 4 years (2021 to 2025), Phillips 66's refining — capital expenditures and investments has grown at a -0.3% compound annual growth rate (CAGR), from $784M to $776M.
- What does refining — capital expenditures and investments mean?
- This metric measures the total cash outflows dedicated to maintaining, upgrading, or expanding the refining segment's physical assets and infrastructure. It includes investments in refinery maintenance, environmental compliance projects, and strategic growth initiatives like renewable fuel conversions. High levels of expenditure often signal a commitment to long-term asset reliability or strategic pivots in the product mix.
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