Business Segments · Transfer of gross PP&E between segments

Refining — Transfer of gross PP&E between segments

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2024
Last reportedQ1 2026

How to read this metric

Large transfers indicate significant strategic shifts in asset utilization or business model pivots.

Detailed definition

The historical cost value of assets reclassified or transferred into or out of the refining segment from other business...

Peer comparison

Reported in segment reconciliation notes for diversified energy conglomerates.

Metric ID: psx_segment_refining_transfer_of_gross_pp_e_between_segments

Historical Data

3 periods
 Q1 '24Q2 '24Q1 '26
Value-$1.00B$0.00$2.97B
QoQ Change—+100.0%—
Range-$1.00B – $2.97B

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Frequently Asked Questions

What is Phillips 66's refining — transfer of gross pp&e between segments?
Phillips 66 (PSX) reported refining — transfer of gross pp&e between segments of $2.97B in Q1 2026.
What does refining — transfer of gross pp&e between segments mean?
The value of assets moved into or out of the refining segment from other parts of the company.