Discontinued — last reported Q3 '19
Business Segments · PP&E (Net)
Refining — PP&E (Net)
Analysis
StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ3 2019
Rolls up toPP&E (Net)
How to read this metric
Growth in net PP&E suggests ongoing investment in modernizing or expanding refining capabilities, whereas a decline may signal asset aging or impairment.
Detailed definition
The book value of the refining segment's physical assets after subtracting accumulated depreciation and impairment charg...
Peer comparison
Standard 'Net PP&E' metric used across capital-intensive industries.
Metric ID:
psx_segment_refining_property_plant_and_equipment_netSimilar Metrics at Other Companies
Frequently Asked Questions
- What does refining — pp&e (net) mean?
- The current accounting value of the refining segment's physical assets.