Phillips 66 PSX Refining — Selling, General and Administrative Expense

Other segment segments

Similar metrics at other companies

DINORefining — Selling, general and administrative expenses

$57M+5.6%

DKRefining — General and administrative expenses

$3.6M+71.4%

PARRRefining — General and administrative expense (excluding depreciation)

$0—

DKRefining — Expense

$0-100%

FCXRod and Refining Segment — Selling, general and administrative expenses

$0—

VLORefining — Other operating expenses

$24M+500%

Questions, answered.

What is Phillips 66's refining — selling, general and administrative expense?

Phillips 66 (PSX) reported refining — selling, general and administrative expense of $52M in Q1 2026.

How has Phillips 66's refining — selling, general and administrative expense changed year-over-year?

Phillips 66's refining — selling, general and administrative expense increased by 13.0% year-over-year, from $46M to $52M.

What is the long-term trend for Phillips 66's refining — selling, general and administrative expense?

Over 3 years (2022 to 2025), Phillips 66's refining — selling, general and administrative expense has grown at a 4.0% compound annual growth rate (CAGR), from $151M to $170M.

What does refining — selling, general and administrative expense mean?

This represents the overhead costs allocated to the refining segment, including corporate support, management salaries, and marketing expenses. It reflects the fixed cost structure required to manage and oversee the refining business unit. Efficient management of these costs is critical for maintaining margins during periods of low refining spreads.