Skip to content
OpenCapital
Get started

Phillips 66 PSX Refining — Investments In and Advances to Affiliates

Other segment segments

Midstream
$2.1B-7.3%
Renewable Fuels
$15M0.0%
Chemicals
$0.50.0%

Similar metrics at other companies

Valero Energy logo
VLORefining — Investments in nonconsolidated joint ventures
$680M-1.6%
Oneok logo
OKERefined Products and Crude Oil — Investments in unconsolidated affiliates
$1.18B+15.1%
Par Pacific Holdings, Inc. logo
PARRRefining — Segment, Expenditure, Addition to Long-Lived Assets
$31.95M-5.9%
Par Pacific Holdings, Inc. logo
PARRRefining Segment — Total Assets
$130.3M—
Delek US Holdings logo
DKRefining — Segment, Expenditure, Addition to Long-Lived Assets
$171.9M+206%
Marathon Petroleum logo
MPCRefining & Marketing — Equity method investments, ownership percentage
50%0.0pp

Other financials

Income statement

See full
Revenue$32.5B+6.9%
Gross profit$3.3B+20.0%
Net income$207.0M-57.5%
EPS (diluted)$0.51-56.8%

Balance sheet

See full
Cash & equivalents$5.2B+246%
Total debt$21.7B+0.7%
Total equity$28.5B+4.6%
Total assets$84.1B+17.0%

Cash flow

See full
Operating cash flow-$2.3B-1,311%

Valuation

See full
Market cap$68.86B+35.5%
P/E16.7×-10.7×
P/S0.5×+0.1×

Profitability

See full
Gross margin12.5%+3.4pp
Net margin3.1%+1.7pp

Returns & leverage

See full
Return on equity14.8%+8.3pp
Debt / equity0.7×0.0×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Phillips 66 in its filing.

Tagged under the XBRL concept us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures.

The official record: Phillips 66’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about Phillips 66's refining — investments in and advances to affiliates.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Phillips 66's refining — investments in and advances to affiliates?
Phillips 66 (PSX) reported refining — investments in and advances to affiliates of $70M 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 $70M.
What does refining — investments in and advances to affiliates mean?
This metric represents the carrying value of equity interests and financial support provided to joint ventures or non-consolidated entities within the refining segment. It reflects the company's strategic partnerships and shared operational risks in refining or related logistics. Changes in this balance indicate shifts in the company's collaborative strategy or the financial health of its affiliate network.