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

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

Phillips 66 Partners declared a quarterly dividend on Wednesday, January 22nd. Shareholders of record on Friday, January 31st will be given a dividend of $0.875 per share on Thursday, February 13th. This represents a $3.50 dividend on an annualized basis and a yield of 5.80%. The ex-dividend date of this dividend is Thursday, January 30th. This is a positive change from Phillips 66 Partners's previous quarterly dividend of $0.87. View Phillips 66 Partners' Dividend History.

Phillips 66 Partners LP (NYSE:PSXP) announced its earnings results on Friday, January, 31st. The oil and gas company reported $1.06 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.99 by $0.07. The oil and gas company earned $432 million during the quarter, compared to the consensus estimate of $419.09 million. Phillips 66 Partners had a net margin of 52.65% and a return on equity of 46.65%. During the same period in the prior year, the firm earned $1.09 EPS. View Phillips 66 Partners' Earnings History.

Phillips 66 Partners is scheduled to release their next quarterly earnings announcement on Wednesday, April 29th 2020. View Earnings Estimates for Phillips 66 Partners.

Phillips 66 Partners will be holding an earnings conference call on Wednesday, April 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

6 equities research analysts have issued 1-year target prices for Phillips 66 Partners' shares. Their forecasts range from $58.00 to $65.00. On average, they anticipate Phillips 66 Partners' stock price to reach $60.67 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for Phillips 66 Partners.

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

News headlines about PSXP stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Phillips 66 Partners earned a news sentiment score of 1.8 on InfoTrie's scale. They also gave media headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Phillips 66 Partners.

Phillips 66 Partners saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 2,880,000 shares, a decline of 17.9% from the January 15th total of 3,510,000 shares. Based on an average daily trading volume, of 467,400 shares, the days-to-cover ratio is currently 6.2 days. Currently, 5.4% of the shares of the stock are sold short. View Phillips 66 Partners' Current Options Chain.

Some companies that are related to Phillips 66 Partners include Mplx (MPLX), Magellan Midstream Partners (MMP), Plains All American Pipeline (PAA), Buckeye Partners (BPL), Shell Midstream Partners (SHLX), Plains GP (PAGP), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), PBF Logistics (PBFX), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL) and Blueknight Energy Partners (BKEP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Phillips 66 Partners investors own include AT&T (T), Phillips 66 (PSX), Verizon Communications (VZ), Exxon Mobil (XOM), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ), Wells Fargo & Co (WFC), Energy Transfer LP Unit (ET), Pfizer (PFE) and Bank of America (BAC).

Phillips 66 Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include Alps Advisors Inc. (3.76%), Kayne Anderson Capital Advisors LP (1.37%), Goldman Sachs Group Inc. (1.14%), Chickasaw Capital Management LLC (0.91%), UBS Group AG (0.76%) and Brookfield Public Securities Group LLC (0.63%). Company insiders that own Phillips 66 Partners stock include Joseph O'toole, Kevin J Mitchell, Mark Haney and Phillip David Bairrington. View Institutional Ownership Trends for Phillips 66 Partners.

PSXP stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Bank of America Corp DE, Russell Investments Group Ltd., Chickasaw Capital Management LLC, Copeland Capital Management LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Infrastructure Capital Advisors LLC and Miller Howard Investments Inc. NY. View Insider Buying and Selling for Phillips 66 Partners.

PSXP stock was bought by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Brookfield Public Securities Group LLC, Jennison Associates LLC, Cohen & Steers Inc., Bank of Montreal Can, UBS Group AG, Sumitomo Mitsui Trust Holdings Inc. and Citigroup Inc.. Company insiders that have bought Phillips 66 Partners stock in the last two years include Joseph O'toole, Kevin J Mitchell, Mark Haney and Phillip David Bairrington. 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, Robinhood, Fidelity and Charles Schwab.

One share of PSXP stock can currently be purchased for approximately $60.36.

Phillips 66 Partners has a market capitalization of $13.74 billion and generates $1.67 billion in revenue each year. The oil and gas company earns $923 million in net income (profit) each year or $4.29 on an earnings per share basis. View Additional Information About Phillips 66 Partners.

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]