What does refining — number of petroleum refineries mean?

This metric counts the total number of active crude oil processing facilities operated by the refining segment. It serves as a primary indicator of the physical scale and geographic footprint of the company's refining operations. Changes in this count reflect strategic shifts such as facility closures, divestitures, or conversions to renewable fuel production.

Phillips 66 PSX Refining — Number Of Petroleum Refineries

Similar metrics at other companies

SUNRefinery — Operational Capacity Per Day, Number of Barrels

55K—

PARRRefining — Revenue

$1.77B+5.1%

SUNTerminals — Number of Refined Product Terminals

99—

DKRefining — Net revenues

$2.63B+0.9%

PARRRefining — Cost of revenues (excluding depreciation)

$1.58B+0.4%

PARRRefining — Total Assets

$2.9B+6.7%

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

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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

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

Valuation

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Market cap$68.86B+35.5%

P/E16.7×-10.7×

P/S0.5×+0.1×

Profitability

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Gross margin12.5%+3.4pp

Net margin3.1%+1.7pp

Returns & leverage

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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 psx:NumberOfPetroleumRefineries.

The official record: Phillips 66’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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What is Phillips 66's refining — number of petroleum refineries?: Phillips 66 (PSX) reported refining — number of petroleum refineries of 10 in Q4 2025.
What does refining — number of petroleum refineries mean?: This metric counts the total number of active crude oil processing facilities operated by the refining segment. It serves as a primary indicator of the physical scale and geographic footprint of the company's refining operations. Changes in this count reflect strategic shifts such as facility closures, divestitures, or conversions to renewable fuel production.