NYSE:PSXP - Phillips 66 Partners Stock Price, News, & Analysis

Phillips 66 Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSXP."

Phillips 66 Partners announced a quarterly dividend on Thursday, October 18th. Investors of record on Wednesday, October 31st will be given a dividend of $0.792 per share on Tuesday, November 13th. This represents a $3.17 annualized dividend and a dividend yield of 6.42%. The ex-dividend date of this dividend is Tuesday, October 30th. This is an increase from Phillips 66 Partners's previous quarterly dividend of $0.75. View Phillips 66 Partners' Dividend History.

Phillips 66 Partners LP (NYSE:PSXP) released its earnings results on Friday, October, 26th. The oil and gas company reported $1.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.92 by $0.18. The oil and gas company earned $384 million during the quarter, compared to the consensus estimate of $362.44 million. Phillips 66 Partners had a return on equity of 47.66% and a net margin of 51.76%. Phillips 66 Partners's revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.65 EPS. View Phillips 66 Partners' Earnings History.

Phillips 66 Partners is scheduled to release their next quarterly earnings announcement on Friday, February 8th 2019. View Earnings Estimates for Phillips 66 Partners.

Phillips 66 Partners will be holding an earnings conference call on Friday, February 8th at 2:00 PM Eastern. Interested parties can register for or listen to the call using this link.

12 analysts have issued 12-month price objectives for Phillips 66 Partners' shares. Their predictions range from $53.00 to $66.00. On average, they expect Phillips 66 Partners' stock price to reach $58.1364 in the next twelve months. This suggests a possible upside of 17.8% from the stock's current price. View Analyst Price Targets for Phillips 66 Partners.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 Partners in the last year. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Phillips 66 Partners.

Headlines about PSXP stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Phillips 66 Partners earned a news impact score of 2.7 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Some companies that are related to Phillips 66 Partners include Plains All American Pipeline (PAA), Magellan Midstream Partners (MMP), Andeavor Logistics (ANDX), Buckeye Partners (BPL), Shell Midstream Partners (SHLX), Plains GP (PAGP), Enbridge Energy Partners (EEP), Holly Energy Partners (HEP), Valero Energy Partners (VLP), NuStar Energy (NS), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), PBF Logistics (PBFX), Delek Logistics Partners (DKL) and TransMontaigne Partners (TLP).

Phillips 66 Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (1.97%), Spirit of America Management Corp NY (0.28%), Walnut Private Equity Partners LLC (0.02%), Virtu Financial LLC (0.02%), Diversified Trust Co (0.01%) and Arlington Partners LLC (0.00%). Company insiders that own Phillips 66 Partners stock include Joseph O'toole and Mark Haney. View Institutional Ownership Trends for Phillips 66 Partners.

PSXP stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Spirit of America Management Corp NY, Virtu Financial LLC and Diversified Trust Co. View Insider Buying and Selling for Phillips 66 Partners.

PSXP stock was bought by a variety of institutional investors in the last quarter, including Walnut Private Equity Partners LLC and Arlington Partners LLC. Company insiders that have bought Phillips 66 Partners stock in the last two years include Joseph O'toole and Mark Haney. View Insider Buying and Selling for Phillips 66 Partners.

Shares of PSXP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of PSXP stock can currently be purchased for approximately $49.36.

Phillips 66 Partners has a market capitalization of $6.11 billion and generates $1.17 billion in revenue each year. The oil and gas company earns $461 million in net income (profit) each year or $2.59 on an earnings per share basis. Phillips 66 Partners employs 575 workers across the globe.

The official website for Phillips 66 Partners is http://www.phillips66partners.com.

Phillips 66 Partners' mailing address is 2331 CityWest Blvd., Houston TX, 77042. The oil and gas company can be reached via phone at 855-283-9237 or via email at [email protected]