Business Segments · Investments In and Advances to Affiliates
Refining — Investments In and Advances to Affiliates
Phillips 66 Refining — Investments In and Advances to Affiliates increased by 7.7% to $70.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 96.9%, from $2.28B to $70.00M.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026
Rolls up toInvestments
How to read this metric
An increase reflects expanded partnership activity or capital injections, while a decrease may indicate divestment or impairment of affiliate interests.
Detailed definition
This metric represents the carrying value of equity interests and financial support provided to joint ventures or non-co...
Peer comparison
Commonly reported as 'Equity Method Investments' or 'Investments in Affiliates' by peers in the energy sector.
Metric ID:
psx_segment_refining_investments_in_and_advances_to_affiliatesHistorical Data
9 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $2.34B | $2.48B | $2.80B | $2.38B | $2.28B | $2.28B | $1.36B | $65.00M | $70.00M |
| QoQ Change | — | +6.2% | +12.8% | -15.0% | -4.3% | +0.0% | -40.3% | -95.2% | +7.7% |
| YoY Change | — | +6.2% | +12.8% | -15.0% | — | — | — | -97.3% | -96.9% |
Range$65.00M – $2.80B
CAGR-82.7%
Avg YoY Growth-38.1%
Median YoY Growth-15.0%
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Frequently Asked Questions
- What is Phillips 66's refining — investments in and advances to affiliates?
- Phillips 66 (PSX) reported refining — investments in and advances to affiliates of $70.00M in Q1 2026.
- How has Phillips 66's refining — investments in and advances to affiliates changed year-over-year?
- Phillips 66's refining — investments in and advances to affiliates decreased by 96.9% year-over-year, from $2.28B to $70.00M.
- What does refining — investments in and advances to affiliates mean?
- The value of the company's financial stakes and loans provided to refining-related joint ventures.