Phillips 66 Partners LP (PSXP)
| Market Cap | 6.37B |
| Revenue (ttm) | 1.66B |
| Net Income (ttm) | 904.00M |
| Shares Out | 228.34M |
| EPS (ttm) | 3.27 |
| PE Ratio | 8.46 |
| Forward PE | 6.96 |
| Dividend | $3.50 |
| Dividend Yield | 12.66% |
| Trading Day | February 24 |
| Last Price | $27.64 |
| Previous Close | $26.79 |
| Change ($) | 0.85 |
| Change (%) | 3.17% |
| Day's Open | 27.07 |
| Day's Range | 26.98 - 28.43 |
| Day's Volume | 1,967,452 |
| 52-Week Range | 16.90 - 52.96 |
Phillips 66 Partners LP (PSXP) Management on Q4 2020 Results - Earnings Call Transcript
Insider buying is often a profitable signal for bulls. Insiders only buy for one reason: they believe their company's stock is going higher.
HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP (NYSE: PSXP) announces fourth-quarter 2020 earnings of $104 million, or $0.40 per diluted common unit.
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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 commo...
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HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners (NYSE: PSXP) executive management will host a conference call webcast at 2 p.m. EST on Friday, Jan. 29, to discuss the partnership's fourth-quart...
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The oil and gas market has experienced a turbulent period over the last six months. Oil prices have plunged despite continuous production cuts by OPEC.
Phillips 66 Partners LP (PSXP) Management on Q3 2020 Results - Earnings Call Transcript
HOUSTON--(BUSINESS WIRE)-- #earnings--Phillips 66 Partners LP (NYSE: PSXP) announces third-quarter 2020 earnings of $206 million, or $0.85 per diluted common unit. Cash from operations was $29...
HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners announces that its board of directors declared a third-quarter 2020 cash distribution of $0.875 per common unit.
I bought units of PSXP for tax-advantaged MLP income and what appeared to be an excellent dividend growth platform.
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HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners (NYSE: PSXP) announces that its subsidiary Gray Oak Pipeline, LLC (“Gray Oak”) is launching an open season to solicit shipper commitments for ser...
Phillips 66 Partners LP (PSXP) reported earnings 30 days ago. What's next for the stock?
Phillips 66 Partners LP (PSXP) Q2 2020 Results - Earnings Call Transcript
HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP (NYSE: PSXP) announces second-quarter 2020 earnings of $255 million, or $1.05 per diluted common unit. Cash from operations was $215 million, ...
Summertime always means one thing in the United States: summer vacation. This year is profoundly different around the nation due to the COVID-19 pandemic.
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Large investors in the Dakota Access Pipeline, including Phillips 66 , could be on the hook for hundreds of millions in payments, after a U.S. court on Monday ordered the owners of the major a...
Dual shocks are weighing on the pipeline sector.
Phillips 66 Partners LP (PSXP) reported earnings 30 days ago. What's next for the stock?
Phillips 66 Partners LP (PSXP) Q1 2020 Results - Earnings Call Transcript
The outlook for crude oil prices as well as broader markets is highly uncertain. Here are three oil stocks to buy in these volatile times.
But they have a secret weapon against low oil prices.
The oil price crash is destroying the weakest companies in the industry...so buy the strongest.
Energy companies are deferring growth projects and suspending buybacks so they can maintain their dividends during these turbulent times.
A safer way of playing the sector would be to utilize Master Limited Partnerships (MLPs), which offer considerable returns at significantly lower risk.
Phillips 66 Partners LP (PSXP) reported earnings 30 days ago. What's next for the stock?
Muted Outlook for Oil & Gas Refining & Marketing MLP Industry
Phillips 66 Partners strikes a deal to add another new project to its expansion backlog.
Phillips 66 Partners has ample fuel to keep increasing its high-yielding payout.
Phillips 66 Partners' organic expansion program is growing its earnings and cash flow, supporting continued dividend increases.
Phillips 66 Partners LP (PSXP) on Q4 2019 Results - Earnings Call Transcript
Expect insider filing volumes to increase again in the first week of February and stay strong through the end of March.
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From global investment firms to energy sector niche players, all of these companies delivered great returns, and are yielding more than 3%.
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Several energy stocks finished their transformation plans, positioning them to create value for investors in 2020 and beyond.
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Payout growth is a feature of these two, but the question investors need to ask is: from where? The answer will dictate which of these dividend payers you prefer.
These oil stocks generate steady income no matter what happens with the price of crude oil.
Phillips 66 Partners has two major growth projects coming online soon that should fuel big-time growth in 2020.
Phillips 66 Partners' cash flow kept growing in the third quarter, enabling it to continue increasing its dividend.
Phillips 66 Partners LP (PSXP) Q3 2019 Results - Earnings Call Transcript
The Board of Directors of The Coca-Cola Company today announced the election of one new officer, along with declaring the company's regular quarterly dividend.
Despite its slate of upcoming projects, Phillips 66 Partners is still a relatively smaller MLP.
About PSXP
Phillips 66 Partners LP owns, operates, develops, and acquires midstream assets. It offers transportation, terminaling, processing, and storage and fractionation of refined petroleum products and natural gas liquids. The company was founded in 2013 and is headquartered in Houston, Texas. Phillips 66 Partners LP operates as a subsidiary of Phillips 66.
| Industry Oil & Gas Midstream | Founded 2013 |
| CEO Gregory Garland | Country United States |
| Stock Exchange NYSE | Ticker Symbol PSXP |
Financial Performance
In 2019, PSXP's revenue was $1.67 billion, an increase of 12.18% compared to the previous year's $1.49 billion. Earnings were $923.00 million, an increase of 15.95%.
Analyst Forecasts
According to 12 analysts, the average rating for PSXP stock is "Buy." The 12-month stock price forecast is 32.29, which is an increase of 16.82% from the latest price.