Phillips 66 Renewable Fuels — Net properties, plants and equipment decreased by 0.6% to $2.00B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.7%, from $2.03B to $2.00B. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in net PP&E typically signals active investment and expansion of the renewable fuels footprint.
The book value of renewable fuels infrastructure, calculated as gross PP&E minus accumulated depreciation. This represen...
Standard measure of asset base size for industrial and energy segments.
psx_segment_renewable_fuels_net_properties_plants_and_equipment| Q4 '23 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $1.36B | $2.06B | $2.05B | $2.05B | $2.03B | $2.02B | $2.01B | $2.01B | $2.00B |
| QoQ Change | — | +51.8% | -0.5% | -0.2% | -0.7% | -0.7% | -0.4% | +0.0% | -0.6% |
| YoY Change | — | — | — | +50.7% | — | -2.1% | -2.1% | -1.8% | -1.7% |