Business Segments · Impairments
Renewable Fuels — Impairments
This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ1 2026
How to read this metric
An increase signals negative performance or unfavorable market shifts for renewable fuel assets, suggesting potential asset value erosion.
Detailed definition
Charges recognized when the carrying value of assets within the renewable fuels segment exceeds their recoverable amount...
Peer comparison
Commonly reported by energy companies during shifts in technology or market demand for specific fuel types.
Metric ID:
psx_segment_renewable_fuels_impairmentsHistorical Data
17 periods
| 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.00M |
Range$0.00 – $2.00M
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Frequently Asked Questions
- What is Phillips 66's renewable fuels — impairments?
- Phillips 66 (PSX) reported renewable fuels — impairments of $2.00M in Q1 2026.
- What does renewable fuels — impairments mean?
- A write-down of the value of assets in the renewable fuels segment due to reduced future earnings potential.