NYSE:PSXP - Phillips 66 Partners Stock Price, Price Target & More

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, April 18th. Investors of record on Monday, April 30th will be paid a dividend of $0.714 per share on Monday, May 14th. This represents a $2.86 dividend on an annualized basis and a yield of 5.53%. The ex-dividend date of this dividend is Friday, April 27th. This is an increase from Phillips 66 Partners's previous quarterly dividend of $0.68. View Phillips 66 Partners' Dividend History.

Phillips 66 Partners LP (NYSE:PSXP) issued its quarterly earnings results on Friday, April, 27th. The oil and gas company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.04. The oil and gas company earned $355 million during the quarter, compared to the consensus estimate of $326.28 million. Phillips 66 Partners had a return on equity of 33.24% and a net margin of 46.01%. During the same quarter in the prior year, the firm earned $0.60 EPS. View Phillips 66 Partners' Earnings History.

Phillips 66 Partners is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Phillips 66 Partners.

13 analysts have issued 1-year target prices for Phillips 66 Partners' shares. Their forecasts range from $51.00 to $63.00. On average, they expect Phillips 66 Partners' stock price to reach $56.8750 in the next year. View Analyst Ratings for Phillips 66 Partners.

Some companies that are related to Phillips 66 Partners include Energy Transfer Partners (ETP), 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), BP Midstream Partners (BPMP), NuStar Energy (NS), Noble Midstream Partners (NBLX), PBF Logistics (PBFX) and Delek Logistics Partners (DKL).

Headlines about PSXP stock have trended somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Phillips 66 Partners earned a news impact score of 0.08 on Accern's scale. They also assigned media coverage about the oil and gas company an impact score of 47.03 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Phillips 66 Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (8.00%), Tortoise Capital Advisors L.L.C. (8.00%), Alps Advisors Inc. (3.41%), Kayne Anderson Capital Advisors LP (2.14%), Brookfield Asset Management Inc. (1.66%) and OppenheimerFunds Inc. (1.28%). View Institutional Ownership Trends for Phillips 66 Partners.

PSXP stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., American Century Companies Inc., OppenheimerFunds Inc., BP Capital Fund Advisors LLC, Guggenheim Capital LLC, Institutional & Family Asset Management LLC and JPMorgan Chase & Co.. View Insider Buying and Selling for Phillips 66 Partners.

PSXP stock was purchased by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Alps Advisors Inc., Kayne Anderson Capital Advisors LP, Northwestern Mutual Investment Management Company LLC, Principal Financial Group Inc., Principal Financial Group Inc., UBS Group AG and Freestone Capital Holdings LLC. 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 $51.65.

Phillips 66 Partners has a market capitalization of $6.25 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.

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]