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

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$48.66 -0.34 (-0.69 %)
(As of 05/24/2019 11:32 AM ET)
Previous Close$49.00
Today's Range$48.62 - $49.31
52-Week Range$40.76 - $55.02
Volume1,248 shs
Average Volume340,667 shs
Market Capitalization$6.07 billion
P/E Ratio12.21
Dividend Yield6.76%
Beta1.19
Phillips 66 Partners LP owns, operates, develops, and acquires crude oil, refined petroleum products, and natural gas liquids (NGL) pipelines, terminals, and other transportation and midstream assets. The company operates pipeline assets in Lake Charles, Sweeny, Wood River, Borger/Ponca City, Billings, and Borger; terminal, rail rack, and storage assets in Louisiana, Texas, New Mexico, Illinois, Missouri, Kansas, Oklahoma, New Jersey, Washington, Wyoming, and Montana; marine assets in Lake Charles, Bayway, and Wood River; and NGL assets in Texas and Louisiana. Phillips 66 Partners GP LLC operates as the general partner of Phillips 66 Partners LP. 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.

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Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone855-283-9237

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.49 billion
Cash Flow$7.1664 per share
Book Value$14.49 per share

Profitability

Net Income$796 million

Miscellaneous

EmployeesN/A
Market Cap$6.07 billion
Next Earnings Date7/26/2019 (Estimated)
OptionableOptionable

Phillips 66 Partners (NYSE:PSXP) Frequently Asked Questions

What is Phillips 66 Partners' stock symbol?

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

How often does Phillips 66 Partners pay dividends? What is the dividend yield for Phillips 66 Partners?

Phillips 66 Partners announced a quarterly dividend on Wednesday, April 17th. Investors of record on Tuesday, April 30th will be given a dividend of $0.845 per share on Tuesday, May 14th. This represents a $3.38 annualized dividend and a yield of 6.95%. The ex-dividend date of this dividend is Monday, April 29th. This is a positive change from Phillips 66 Partners's previous quarterly dividend of $0.84. View Phillips 66 Partners' Dividend History.

How were Phillips 66 Partners' earnings last quarter?

Phillips 66 Partners LP (NYSE:PSXP) posted its quarterly earnings data on Tuesday, April, 30th. The oil and gas company reported $0.92 EPS for the quarter, missing the Zacks' consensus estimate of $0.98 by $0.06. The oil and gas company had revenue of $423 million for the quarter, compared to analyst estimates of $366.55 million. Phillips 66 Partners had a return on equity of 47.98% and a net margin of 52.90%. Phillips 66 Partners's revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.87 EPS. View Phillips 66 Partners' Earnings History.

When is Phillips 66 Partners' next earnings date?

Phillips 66 Partners is scheduled to release their next quarterly earnings announcement on Friday, July 26th 2019. View Earnings Estimates for Phillips 66 Partners.

What price target have analysts set for PSXP?

10 brokerages have issued 12-month price objectives for Phillips 66 Partners' shares. Their forecasts range from $52.00 to $62.00. On average, they expect Phillips 66 Partners' stock price to reach $57.2222 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price. View Analyst Price Targets for Phillips 66 Partners.

What is the consensus analysts' recommendation for Phillips 66 Partners?

10 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Phillips 66 Partners.

Has Phillips 66 Partners been receiving favorable news coverage?

Press coverage about PSXP stock has been trending positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring 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 closest to five being the most favorable. Phillips 66 Partners earned a daily sentiment score of 2.6 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.

Who are some of Phillips 66 Partners' key competitors?

What other stocks do shareholders of Phillips 66 Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Phillips 66 Partners investors own include Phillips 66 (PSX), AT&T (T), General Electric (GE), Boeing (BA), Bank of America (BAC), Johnson & Johnson (JNJ), Enterprise Products Partners (EPD), General Motors (GM), Energy Transfer LP Unit (ET) and Verizon Communications (VZ).

Who are Phillips 66 Partners' key executives?

Phillips 66 Partners' management team includes the folowing people:
  • Mr. Greg C. Garland, Chairman & CEO of Phillips 66 Partners GP LLC (Age 62)
  • Mr. Kevin J. Mitchell, VP, CFO & Director of Phillips 66 Partners GP LLC (Age 53)
  • Mr. Chukwuemeka A. Oyolu, VP & Controller of Phillips 66 Partners GP LLC (Age 50)
  • Ms. Rosy Zuklic, VP & COO of Phillips 66 Partners GP LLC (Age 45)
  • Ms. Paula Ann Johnson, VP, Gen. Counsel & Sec. of Phillips 66 Partners GP LLC (Age 56)

Who are Phillips 66 Partners' major shareholders?

Phillips 66 Partners' stock is owned by a number of of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (8.37%), Alps Advisors Inc. (4.21%), Goldman Sachs Group Inc. (2.77%), Kayne Anderson Capital Advisors LP (2.27%), Chickasaw Capital Management LLC (1.93%) and JPMorgan Chase & Co. (1.39%). Company insiders that own Phillips 66 Partners stock include Joseph O'toole and Mark Haney. View Institutional Ownership Trends for Phillips 66 Partners.

Which institutional investors are selling Phillips 66 Partners stock?

PSXP stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Morgan Stanley, Alps Advisors Inc., Citigroup Inc., Principal Financial Group Inc., Westwood Holdings Group Inc., Eagle Global Advisors LLC and Chickasaw Capital Management LLC. View Insider Buying and Selling for Phillips 66 Partners.

Which institutional investors are buying Phillips 66 Partners stock?

PSXP stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Bank of Montreal Can, HITE Hedge Asset Management LLC, Kayne Anderson Capital Advisors LP, Wells Fargo & Company MN, Hartz Capital Inc., RR Advisors LLC and Duff & Phelps Investment Management Co.. 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.

How do I buy shares of 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.

What is Phillips 66 Partners' stock price today?

One share of PSXP stock can currently be purchased for approximately $48.66.

How big of a company is Phillips 66 Partners?

Phillips 66 Partners has a market capitalization of $6.07 billion and generates $1.49 billion in revenue each year. The oil and gas company earns $796 million in net income (profit) each year or $4.00 on an earnings per share basis.

What is Phillips 66 Partners' official website?

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

How can I contact Phillips 66 Partners?

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]


MarketBeat Community Rating for Phillips 66 Partners (NYSE PSXP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  348 (Vote Outperform)
Underperform Votes:  380 (Vote Underperform)
Total Votes:  728
MarketBeat's community ratings are surveys of what our community members think about Phillips 66 Partners and other stocks. Vote "Outperform" if you believe PSXP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PSXP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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