Phillips 66 (PSX)
Add to Watchlists Create an AlertPhillips 66 Net PP&E:
15.26B for March 31, 2013Phillips 66 Historical Net PP&E Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| March 31, 2013 | 15.26B |
| Dec. 31, 2012 | 15.41B |
| Sept. 30, 2012 | 15.31B |
| June 30, 2012 | 15.17B |
| March 31, 2012 | 14.85B |
| Dec. 31, 2011 | 14.77B |
| Sept. 30, 2011 | 14.65B |
| Dec. 31, 2010 | 15.41B |
About Net PP&E
Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.
For example, assume that a company buys a building worth $1,000,000, along with $50,000 of furniture. Their Net PP&E at the moment of purchase is $1,050,000.
Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by $105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:
$1,050,000 - $105,000 = $945,000
As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.
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PSX Net PP&E Benchmarks
| Companies | |
|---|---|
| Tesoro Corporation | 5.285B |
| ConocoPhillips | 67.89B |
| Marathon Petroleum |
PSX Net PP&E Rankings
| Overall |
98th percentile 138 of 7600 |
| Sector |
90th percentile 37 of 390 in Energy |
| Industry |
94th percentile 2 of 34 in Oil & Gas Refining & Marketing |
PSX Net PP&E Range, Past 5 Years
| Minimum | 14.65B | Sep 2011 |
| Maximum | 15.41B | Dec 2010 |
| Average | 15.10B |
