Phillips 66 (PSX) Divestments (2013 - 2026)
Phillips 66's (PSX) quarterly Divestments came in at $15.0 million in Q2 2026, down 16.67% on a YoY basis from $18.0 million in Q2 2025, and down 42.31% quarter-over-quarter from $26.0 million in Q1 2026.
Phillips 66 (PSX) Divestments (2013 - 2026) Analysis & Trends
Phillips 66 (PSX) has reported Divestments for 10 consecutive years, with $15.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Divestments fell 16.67% year-over-year to $15.0 million; the trailing twelve-month figure through Jun 2026 stood at $88.0 million (down 24.79% YoY), and the FY2025 full-year result was $90.0 million, down 36.17% from the prior year.
- Divestments eased to $15.0 million in Q2 2026 per PSX's latest filing, from $26.0 million in the prior quarter.
- Across five years, Divestments topped out at $60.0 million in Q1 2023 and bottomed at $15.0 million in Q1 2022.
- Historically, Divestments has averaged $33.2 million across 5 years, with a median of $31.0 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Divestments plunged 74.14% in 2022, then surged 300.0% in 2023.
- Over 5 years, Divestments stood at $47.0 million in 2022, then fell by 10.64% to $42.0 million in 2023, then tumbled by 54.76% to $19.0 million in 2024, then soared by 68.42% to $32.0 million in 2025, then sank by 53.12% to $15.0 million in 2026.
- According to Business Quant data, Divestments over the past three periods registered $15.0 million, $26.0 million, and $32.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 406.10 Bn | 403.25 Bn | 33.45 Bn | - |
| 2 | Shell | 256.90 Bn | 217.03 Bn | 30.13 Bn | 71.00 Mn |
| 3 | TotalEnergies SE | 202.32 Bn | 173.15 Bn | 23.46 Bn | 135.00 Mn |
| 4 | Eni Spa | 172.63 Bn | 162.79 Bn | - | -580.02 Mn |
| 5 | Conocophillips | 153.88 Bn | 146.19 Bn | 12.81 Bn | - |
| 6 | Equinor Asa | 107.31 Bn | 98.05 Bn | - | 558.00 Mn |
| 7 | Phillips 66 | 102.33 Bn | 99.43 Bn | 8.38 Bn | 15.00 Mn |
| 8 | Canadian Natural Resources | 99.17 Bn | 97.27 Bn | 8.84 Bn | - |
| 9 | Suncor Energy | 81.11 Bn | 75.74 Bn | 17.50 Bn | - |
| 10 | Eog Resources | 74.44 Bn | 69.53 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.00 Mn |
| Mar 31, 2026 | 26.00 Mn |
| Dec 31, 2025 | 32.00 Mn |
| Sep 30, 2025 | 15.00 Mn |
| Jun 30, 2025 | 18.00 Mn |
| Mar 31, 2025 | 25.00 Mn |
| Dec 31, 2024 | 19.00 Mn |
| Sep 30, 2024 | 55.00 Mn |
| Jun 30, 2024 | 26.00 Mn |
| Mar 31, 2024 | 41.00 Mn |
| Dec 31, 2023 | 42.00 Mn |
| Sep 30, 2023 | 40.00 Mn |
| Jun 30, 2023 | 59.00 Mn |
| Mar 31, 2023 | 60.00 Mn |
| Dec 31, 2022 | 47.00 Mn |
| Sep 30, 2022 | 30.00 Mn |
| Jun 30, 2022 | 33.00 Mn |
| Mar 31, 2022 | 15.00 Mn |
| Dec 31, 2021 | 31.00 Mn |
| Sep 30, 2021 | 78.00 Mn |
Phillips 66 Divestments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=divestments&ticker=PSX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "divestments", "ticker": "PSX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=divestments&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();