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 Wednesday, July 17th. Investors of record on Wednesday, July 31st will be paid a dividend of $0.855 per share on Tuesday, August 13th. This represents a $3.42 dividend on an annualized basis and a yield of 6.53%. The ex-dividend date is Tuesday, July 30th. This is a boost from Phillips 66 Partners's previous quarterly dividend of $0.85. View Phillips 66 Partners' Dividend History.

Phillips 66 Partners LP (NYSE:PSXP) issued its quarterly earnings data on Friday, July, 26th. The oil and gas company reported $1.15 EPS for the quarter, beating analysts' consensus estimates of $1.13 by $0.02. The oil and gas company earned $401 million during the quarter, compared to analysts' expectations of $393.61 million. Phillips 66 Partners had a return on equity of 48.70% and a net margin of 54.28%. The company's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.87 EPS. View Phillips 66 Partners' Earnings History.

Phillips 66 Partners is scheduled to release their next quarterly earnings announcement on Friday, October 25th 2019. View Earnings Estimates for Phillips 66 Partners.

11 brokers have issued 1 year target prices for Phillips 66 Partners' stock. Their predictions range from $52.00 to $62.00. On average, they anticipate Phillips 66 Partners' stock price to reach $57.10 in the next year. This suggests a possible upside of 9.1% from the stock's current price. View Analyst Price Targets for Phillips 66 Partners.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 Partners in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Phillips 66 Partners.

Press coverage about PSXP stock has been trending negative on Sunday, according to InfoTrie. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Phillips 66 Partners earned a news sentiment score of -2.3 on InfoTrie's scale. They also assigned news stories 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 near term. View News Stories for Phillips 66 Partners.

Phillips 66 Partners saw a increase in short interest in July. As of July 31st, there was short interest totalling 2,631,100 shares, an increase of 11.2% from the June 30th total of 2,366,200 shares. Based on an average daily volume of 324,100 shares, the days-to-cover ratio is presently 8.1 days. Approximately 5.2% of the company's stock are short sold. View Phillips 66 Partners' Current Options Chain.

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), Holly Energy Partners (HEP), NuStar Energy (NS), 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), Wells Fargo & Co (WFC), Exxon Mobil (XOM), Enterprise Products Partners (EPD), Verizon Communications (VZ), Boeing (BA), Bank of America (BAC), Johnson & Johnson (JNJ) and Energy Transfer LP Unit (ET).

Phillips 66 Partners' stock is owned by many different of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (7.97%), Alps Advisors Inc. (3.90%), Kayne Anderson Capital Advisors LP (2.25%), Energy Income Partners LLC (2.07%), Chickasaw Capital Management LLC (1.86%) and UBS Group AG (1.48%). 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 Tortoise Capital Advisors L.L.C., Alps Advisors Inc., Westwood Holdings Group Inc., Duff & Phelps Investment Management Co., Infrastructure Capital Advisors LLC, Eagle Global Advisors LLC, Bank of America Corp DE and Chickasaw Capital Management LLC. View Insider Buying and Selling for Phillips 66 Partners.

PSXP stock was acquired by a variety of institutional investors in the last quarter, including Energy Income Partners LLC, UBS Group AG, Brookfield Asset Management Inc., Bank of Montreal Can, Wells Fargo & Company MN, Miller Howard Investments Inc. NY, Atria Investments LLC and Morgan Stanley. 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, Scottrade, Fidelity and Charles Schwab.

One share of PSXP stock can currently be purchased for approximately $52.35.

Phillips 66 Partners has a market capitalization of $6.54 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. 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]