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Phillips 66 Partners LP (PSXP)

NYSE: PSXP · IEX Real-Time Price · USD
39.95 0.31 (0.77%)
Oct 22, 2021 2:12 PM EDT - Market open
Market Cap9.05B
Revenue (ttm)1.58B
Net Income (ttm)471.00M
Shares Out228.34M
EPS (ttm)2.05
PE Ratio19.53
Forward PE9.50
Dividend$3.50 (8.76%)
Ex-Dividend DateOct 28, 2021
Volume139,157
Open39.62
Previous Close39.64
Day's Range39.37 - 39.95
52-Week Range20.56 - 41.21
Beta1.13
AnalystsBuy
Price Target39.55 (-1.0%)
Est. Earnings DateOct 29, 2021

About PSXP

Phillips 66 Partners LP owns, operates, develops, and acquires midstream assets. It offers transportation, terminaling, processing, stevedoring, storage, and fractionation of crude oil, refined petroleum products, and natural gas liquids. The company was founded in 2013 and is headquartered in Houston, Texas. Phillips 66 Partners LP is a subsidiary of Phillips 66 Project Development Inc.

IndustryOil, Gas & Consumable Fuels
Founded2013
CEOGregory Garland
CountryUnited States
Stock ExchangeNYSE
Ticker SymbolPSXP
Full Company Profile

Financial Performance

In 2020, PSXP's revenue was $1.62 billion, a decrease of -2.94% compared to the previous year's $1.67 billion. Earnings were $791.00 million, a decrease of -14.30%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for PSXP stock is "Buy." The 12-month stock price forecast is 39.55, which is a decrease of -0.99% from the latest price.

Price Target
$39.55
(-0.99% downside)
Analyst Consensus: Buy

News

Phillips 66 Partners Declares Quarterly Cash Distribution

HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 Partners LP declared a third-quarter 2021 cash distribution of $0.875 per common unit.

2 days ago - Business Wire

Phillips 66 Partners to Announce Third-Quarter Financial Results

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners executive management will host a webcast at 2 p.m. EDT on Friday, Oct. 29, to discuss third-quarter 2021 financial results.

1 month ago - Business Wire

Phillips 66 Partners LP (PSXP) Up 4.2% Since Last Earnings Report: Can It Continue?

Phillips 66 Partners LP (PSXP) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Phillips 66 Partners Reports Second-Quarter 2021 Financial Results

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP announces second-quarter 2021 earnings of $225 million, or $0.91 per diluted common unit.

2 months ago - Business Wire

5 High-Yield Dividend Stocks to Watch

These stocks are offering enticing high-yield dividends, but some questions remain about their long-term sustainability.

Other symbols:DUKGNLGOODOPI
2 months ago - The Motley Fool

Phillips 66 Partners Declares Quarterly Cash Distribution

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP announces the board of directors of its general partner declared a second-quarter cash distribution of $0.875 per common unit.

3 months ago - Business Wire

Phillips 66 Partners Announces Time Change for Conference Call on Second-Quarter Financial Results

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners (NYSE: PSXP) has changed the time of its conference call to discuss second-quarter earnings to 3 p.m. EDT on Aug. 3, 2021.

3 months ago - Business Wire

Phillips 66 Partners to Announce Second-Quarter Financial Results

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners executive management will host a webcast at 2 p.m. EDT on Tuesday, Aug. 3, to discuss second-quarter 2021 financial results.

4 months ago - Business Wire

New Strong Sell Stocks for May 25th

AJRD, BLU, GMBL, LITE, and PSXP have been added to the Zacks Rank #5 (Strong Sell) List on May 25, 2021

Other symbols:AJRDBLUGMBLLITE
4 months ago - Zacks Investment Research

Phillips 66 Partners reports first-quarter 2021 financial results

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP announces a first-quarter 2021 loss of $18 million, or $0.13 per diluted common unit.

5 months ago - Business Wire

New Strong Sell Stocks for April 21st

EXTN, PSXP, ISEE, OR, and QIWI have been added to the Zacks Rank #5 (Strong Sell) List on April 21, 2021

Other symbols:EXTNISEEORQIWI
6 months ago - Zacks Investment Research

Phillips 66 Partners declares quarterly cash distribution

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP announces the board of directors of its general partner declared a Q1 2021 cash distribution of $0.875 per common unit.

6 months ago - Business Wire

3 Top Dividend Stocks With Yields Over 4%

These three stocks have sustainably high dividend yields and stable outlooks that income investors and retirees love.

Other symbols:SBRASTOR
6 months ago - The Motley Fool

New Strong Sell Stocks for April 7th

KOR, GNLN, LMB, PSXP, and RMAX have been added to the Zacks Rank #5 (Strong Sell) List on April 7, 2021

Other symbols:GNLNKORLMBRMAX
6 months ago - Zacks Investment Research

Phillips 66 Partners Provides Guidance on First-Quarter 2021 Results

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP is providing guidance on results of operations for the first quarter of 2021.

6 months ago - Business Wire

Phillips 66 Partners to Announce First-Quarter Financial Results

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP will host a webcast Friday, April 30, to discuss first-quarter 2021 financial results and strategic initiatives.

6 months ago - Business Wire

Why Is Phillips 66 Partners LP (PSXP) Down 0.5% Since Last Earnings Report?

Phillips 66 Partners LP (PSXP) reported earnings 30 days ago. What's next for the stock?

Other symbols:PSX
7 months ago - Zacks Investment Research

Phillips 66 Partners Files 2020 Form 10-K

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP (NYSE: PSXP) (“the Partnership”) has filed its annual report on Form 10-K for the fiscal year ended Dec. 31, 2020, with the Securities and Exchange Comm...

7 months ago - Business Wire

Oil's Going Higher… and Taking These 3 Stocks with It

By Robert Ross A rare snowstorm ripped across Texas over this weekend. But snowplows in Texas are about as rare as white sand beaches in Ohio.

Other symbols:MMP
8 months ago - ETF Trends

Phillips 66 Partners LP (PSXP) Management on Q4 2020 Results - Earnings Call Transcript

Phillips 66 Partners LP (PSXP) Management on Q4 2020 Results - Earnings Call Transcript

Other symbols:PSX
8 months ago - Seeking Alpha

7 Stocks With Insider Buying This Week Worth A Look

Insider buying is often a profitable signal for bulls. Insiders only buy for one reason: they believe their company's stock is going higher.

8 months ago - InvestorPlace

Phillips 66 Partners Reports Fourth-Quarter 2020 Financial Results

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP (NYSE: PSXP) announces fourth-quarter 2020 earnings of $104 million, or $0.40 per diluted common unit.

8 months ago - Business Wire

3 High-Risk, High-Reward Stocks to Add to Your Watch List

Looking for growth stocks and don't mind risk? Consider these three stocks with huge upside.

Other symbols:DOCUSQ
9 months ago - The Motley Fool

Phillips 66 Partners Declares Quarterly Cash Distribution

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a fourth-quarter 2020 cash distribution of $0.875 per common unit, or...

9 months ago - Business Wire

President Biden And MLPs: Unlikely Bedfellows

Previously unlikely, Democrat control of Congress assuredly means higher taxes are coming. Corporate tax rates are going up as well as taxes on dividends for high income individuals under the prospectiv...

9 months ago - Seeking Alpha