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, January 23rd. Investors of record on Friday, February 1st will be given a dividend of $0.835 per share on Wednesday, February 13th. This represents a $3.34 dividend on an annualized basis and a yield of 6.78%. The ex-dividend date of this dividend is Thursday, January 31st. This is a positive change from Phillips 66 Partners's previous quarterly dividend of $0.79. View Phillips 66 Partners' Dividend History.

Phillips 66 Partners LP (NYSE:PSXP) announced its earnings results on Friday, February, 8th. The oil and gas company reported $1.09 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.10 by $0.01. The oil and gas company had revenue of $393 million for the quarter, compared to analyst estimates of $375.17 million. Phillips 66 Partners had a return on equity of 48.73% and a net margin of 53.57%. The business's revenue for the quarter was up 18.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.83 EPS. View Phillips 66 Partners' Earnings History.

Phillips 66 Partners is scheduled to release their next quarterly earnings announcement on Tuesday, April 30th 2019. View Earnings Estimates for Phillips 66 Partners.

10 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 $56.8889 in the next year. This suggests a possible upside of 15.4% from the stock's current price. View Analyst Price Targets 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, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Phillips 66 Partners.

Headlines about PSXP stock have been trending positive this week, according to InfoTrie. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Phillips 66 Partners earned a coverage optimism score of 2.1 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the near future.

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), Valero Energy Partners (VLP), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), PBF Logistics (PBFX), Delek Logistics Partners (DKL) and TransMontaigne Partners (TLP).

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), Bank of America (BAC), General Motors (GM), Exxon Mobil (XOM), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ), Wells Fargo & Co (WFC) and Boeing (BA).

Phillips 66 Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (1.93%), Spirit of America Management Corp NY (0.27%), Virtu Financial LLC (0.01%), Toth Financial Advisory Corp (0.01%) and Wedbush Securities Inc. (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 and Virtu Financial LLC. View Insider Buying and Selling for Phillips 66 Partners.

PSXP stock was bought by a variety of institutional investors in the last quarter, including Toth Financial Advisory Corp and Wedbush Securities Inc.. 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 $49.28.

Phillips 66 Partners has a market capitalization of $6.12 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.

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]