Phillips 66 PSX Refining — D&A

Other segment segments

Similar metrics at other companies

DKRefining — D&A

$65.3M-9.2%

PARRRefining — D&A

$25.42M-3.7%

DINORefining — Depreciation, Depletion and Amortization

$145M+5.8%

MPCRefining & Marketing — D&A

$387M-4.7%

DALRefinery — D&A

$28M0.0%

PBFRefining — Depreciation and amortization expense

$148.55M+2.7%

Questions, answered.

What is Phillips 66's refining — D&A?

Phillips 66 (PSX) reported refining — D&A of $215M in Q1 2026.

How has Phillips 66's refining — D&A changed year-over-year?

Phillips 66's refining — D&A decreased by 52.9% year-over-year, from $456M to $215M.

What is the long-term trend for Phillips 66's refining — D&A?

Over 3 years (2022 to 2025), Phillips 66's refining — D&A has grown at a 28.4% compound annual growth rate (CAGR), from $860M to $1.82B.

What does refining — D&A mean?

This represents the systematic allocation of the cost of tangible and intangible refining assets over their useful lives. It reflects the capital intensity of the refining business and the ongoing consumption of physical infrastructure like distillation units and storage tanks. High levels indicate significant historical capital investment in the segment.