Phillips 66 PSX Refining — Other Cost and Expense, Operating

Other segment segments

Similar metrics at other companies

DKRefining — Operating Expenses

$150.2M-5.0%

VLORefining — Other operating expenses

$24M+500%

PARRRefining — Operating expense (excluding depreciation)

$115.92M-2.3%

DKRefining — Expense

$0-100%

DKRefining — Cost of materials and other

$2.4B-2.8%

DINORefining — Operating Expenses

$468M+1.5%

Questions, answered.

What is Phillips 66's refining — other cost and expense, operating?

Phillips 66 (PSX) reported refining — other cost and expense, operating of $1.23B in Q1 2026.

How has Phillips 66's refining — other cost and expense, operating changed year-over-year?

Phillips 66's refining — other cost and expense, operating increased by 14.4% year-over-year, from $1.07B to $1.23B.

What is the long-term trend for Phillips 66's refining — other cost and expense, operating?

Over 3 years (2022 to 2025), Phillips 66's refining — other cost and expense, operating has grown at a -5.0% compound annual growth rate (CAGR), from $4.73B to $4.06B.

What does refining — other cost and expense, operating mean?

This captures miscellaneous operating expenses within the refining segment that are not classified as direct feedstock costs or administrative overhead. It typically includes utilities, maintenance materials, and variable labor costs associated with refinery operations. Tracking this provides insight into the operational efficiency and maintenance intensity of the refining assets.