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NYSE:PSXPPhillips 66 Partners Stock Price, Forecast & News

$45.52
+0.94 (+2.11 %)
(As of 05/26/2020 04:00 PM ET)
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Today's Range
$44.82
Now: $45.52
$46.04
50-Day Range
$36.75
MA: $41.87
$46.40
52-Week Range
$19.00
Now: $45.52
$65.22
Volume315,642 shs
Average Volume429,563 shs
Market Capitalization$10.39 billion
P/E Ratio10.98
Dividend Yield7.85%
Beta1.35
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.51 out of 5 stars


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$1.67 billion
Cash Flow$4.68 per share
Book Value$9.22 per share

Profitability

Net Income$923 million

Miscellaneous

EmployeesN/A
Market Cap$10.39 billion
Next Earnings Date7/24/2020 (Estimated)
OptionableOptionable

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Phillips 66 Partners (NYSE:PSXP) Frequently Asked Questions

How has Phillips 66 Partners' stock been impacted by COVID-19 (Coronavirus)?

Phillips 66 Partners' stock was trading at $40.18 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PSXP shares have increased by 11.0% and is now trading at $44.58. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Phillips 66 Partners.

When is Phillips 66 Partners' next earnings date?

Phillips 66 Partners is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Phillips 66 Partners.

How were Phillips 66 Partners' earnings last quarter?

Phillips 66 Partners LP (NYSE:PSXP) released its quarterly earnings data on Friday, May, 1st. The oil and gas company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.92 by $0.01. The oil and gas company had revenue of $404 million for the quarter, compared to analyst estimates of $408.08 million. Phillips 66 Partners had a net margin of 54.94% and a return on equity of 45.19%. Phillips 66 Partners's revenue for the quarter was down 4.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 earnings per share. View Phillips 66 Partners' earnings history.

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

Phillips 66 Partners declared a quarterly dividend on Tuesday, April 21st. Stockholders of record on Friday, May 1st will be paid a dividend of $0.875 per share on Thursday, May 14th. This represents a $3.50 dividend on an annualized basis and a dividend yield of 7.85%. The ex-dividend date of this dividend is Thursday, April 30th. View Phillips 66 Partners' dividend history.

What price target have analysts set for PSXP?

10 equities research analysts have issued twelve-month price objectives for Phillips 66 Partners' shares. Their forecasts range from $43.00 to $62.00. On average, they expect Phillips 66 Partners' share price to reach $50.70 in the next year. This suggests a possible upside of 13.7% from the stock's current price. View analysts' price targets for Phillips 66 Partners.

Has Phillips 66 Partners been receiving favorable news coverage?

Media stories about PSXP stock have trended positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Phillips 66 Partners earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave media coverage about the oil and gas company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the near future. View the latest news aboutPhillips 66 Partners.

Are investors shorting Phillips 66 Partners?

Phillips 66 Partners saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,550,000 shares, an increase of 15.7% from the April 30th total of 1,340,000 shares. Based on an average trading volume of 855,900 shares, the short-interest ratio is presently 1.8 days. Approximately 3.0% of the company's stock are sold short. View Phillips 66 Partners' Current Options Chain.

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), Exxon Mobil (XOM), Enterprise Products Partners (EPD), Verizon Communications (VZ), Johnson & Johnson (JNJ), Boeing (BA), Energy Transfer LP Unit (ET), Wells Fargo & Co (WFC) and Pfizer (PFE).

Who are Phillips 66 Partners' key executives?

Phillips 66 Partners' management team includes the following 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)

What is Phillips 66 Partners' stock symbol?

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

Who are Phillips 66 Partners' major shareholders?

Phillips 66 Partners' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (4.30%), Alps Advisors Inc. (4.10%), Kayne Anderson Capital Advisors LP (1.11%), JPMorgan Chase & Co. (1.06%), Chickasaw Capital Management LLC (0.75%) and Harvest Fund Advisors LLC (0.74%). 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.

Which major 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., Northwestern Mutual Investment Management Company LLC, UBS Group AG, Kayne Anderson Capital Advisors LP, Chickasaw Capital Management LLC, Morgan Stanley, Morgan Stanley, and Cohen & Steers Inc.. View insider buying and selling activity for Phillips 66 Partners.

Which major investors are buying Phillips 66 Partners stock?

PSXP stock was acquired by a variety of institutional investors in the last quarter, including Alps Advisors Inc., JPMorgan Chase & Co., Harvest Fund Advisors LLC, Zimmer Partners LP, Jennison Associates LLC, Citigroup Inc., Parametric Portfolio Associates LLC, and Miller Howard Investments Inc. NY. 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 activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Phillips 66 Partners' stock price today?

One share of PSXP stock can currently be purchased for approximately $44.58.

How big of a company is Phillips 66 Partners?

Phillips 66 Partners has a market capitalization of $10.18 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.

What is Phillips 66 Partners' official website?

The official website for Phillips 66 Partners is 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]

This page was last updated on 5/27/2020 by MarketBeat.com Staff

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