Phillips 66 Renewable Fuels — Capital Expenditures and Investments decreased by 56.5% to $10.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from $9.00M to $10.00M. Over 3 years (FY 2022 to FY 2025), Renewable Fuels — Capital Expenditures and Investments shows a downward trend with a -44.2% CAGR.
High levels of investment signal aggressive growth or facility conversion, while low levels may indicate a focus on maintenance or capital preservation.
The total cash outflow for the acquisition, construction, or improvement of physical assets within the renewable fuels s...
Key metric for tracking the energy transition strategy of traditional refiners.
psx_segment_renewable_fuels_capital_expenditures_and_investments| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $80.75M | $80.75M | $80.75M | $80.75M | $188.25M | $188.25M | $188.25M | $188.25M | $217.00M | $128.00M | $12.00M | $18.00M | $9.00M | $9.00M | $15.00M | $23.00M | $10.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +133.1% | +0.0% | +0.0% | +0.0% | +15.3% | -41.0% | -90.6% | +50.0% | -50.0% | +0.0% | +66.7% | +53.3% | -56.5% |
| YoY Change | — | — | — | — | +133.1% | +133.1% | +133.1% | +133.1% | +15.3% | -32.0% | -93.6% | -90.4% | -95.9% | -93.0% | +25.0% | +27.8% | +11.1% |