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 given 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 5.70%. 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) posted its earnings results on Friday, April, 27th. The oil and gas company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.04. The oil and gas company earned $355 million during the quarter, compared to analyst estimates 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 business posted $0.60 earnings per share. View Phillips 66 Partners' Earnings History.

Phillips 66 Partners is scheduled to release their next quarterly earnings announcement on Friday, July, 27th 2018. View Earnings Estimates for Phillips 66 Partners.

13 brokers have issued twelve-month price targets for Phillips 66 Partners' shares. Their predictions range from $51.00 to $63.00. On average, they expect Phillips 66 Partners' stock price to reach $56.8750 in the next year. This suggests a possible upside of 13.5% from the stock's current price. View Analyst Ratings for Phillips 66 Partners.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 Partners in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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), NuStar Energy (NS), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), PBF Logistics (PBFX) and Delek Logistics Partners (DKL).

News coverage about PSXP stock has been trending somewhat negative this week, Accern Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Phillips 66 Partners earned a media sentiment score of -0.02 on Accern's scale. They also assigned headlines about the oil and gas company an impact score of 45.24 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Phillips 66 Partners' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Miller Howard Investments Inc. NY (0.30%), Bank of Montreal Can (0.15%), Port Capital LLC (0.06%) and Winslow Evans & Crocker Inc. (0.00%). View Institutional Ownership Trends for Phillips 66 Partners.

PSXP stock was sold by a variety of institutional investors in the last quarter, including Port Capital LLC and Miller Howard Investments Inc. NY. View Insider Buying and Selling for Phillips 66 Partners.

PSXP stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can and Winslow Evans & Crocker Inc.. 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 $50.10.

Phillips 66 Partners has a market capitalization of $6.17 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]