About Phillips 66 Partners (NYSE:PSXP)
Phillips 66 Partners LP (Phillips 66) owns, operates, develops and acquires fee-based crude oil, refined petroleum product and natural gas liquids (NGL) pipelines, terminals and other transportation and midstream assets. The Company's assets consist of systems, such as Clifton Ridge Crude System, Eagle Ford Gathering System, Ponca Crude System, Billings Crude System, Borger Crude System, Sweeny to Pasadena Products System, Hartford Connector Products System, Gold Line Products System, Cross-Channel Connector Products System, Ponca Products System, Billings Products System, Bayway Products System, Standish Pipeline, Borger Products System, River Parish NGL System, Medford Spheres, Bayway Rail Rack, Ferndale Rail Rack, Sand Hills/Southern Hills Joint Ventures, Explorer Pipeline Joint Venture, Bakken Joint Ventures, Bayou Bridge Pipeline Joint Venture, STACK Pipeline Joint Venture, and Sweeny Fractionator and Clemens Caverns.
Industry, Sector and Symbol
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:PSXP
CUSIPN/A
Phone855-283-9237
Debt
Debt-to-Equity Ratio2.06%
Current Ratio1.71%
Quick Ratio1.64%
Price-To-Earnings
Trailing P/E Ratio19.61
Forward P/E Ratio15.72
P/E Growth1.76
Sales & Book Value
Annual Sales$1.17 billion
Price / Sales5.28
Cash Flow$4.6932 per share
Price / Cash10.82
Book Value$11.64 per share
Price / Book4.36
Profitability
EPS (Most Recent Fiscal Year)$2.59
Net Income$461 million
Net Margins44.16%
Return on Equity27.99%
Return on Assets10.33%
Miscellaneous
Employees575
Outstanding Shares121,570,000
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 declared a quarterly dividend on Wednesday, April 18th. Stockholders of record on Monday, April 30th will be paid a dividend of $0.714 per share on Monday, May 14th. This represents a $2.86 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date of this dividend is Friday, April 27th. This is a boost from Phillips 66 Partners's previous quarterly dividend of $0.68. View Phillips 66 Partners' Dividend History.
How were Phillips 66 Partners' earnings last quarter?
Phillips 66 Partners LP (NYSE:PSXP) announced its quarterly earnings results on Friday, February, 2nd. The oil and gas company reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.87 by $0.04. The oil and gas company earned $331 million during the quarter, compared to analyst estimates of $316 million. Phillips 66 Partners had a net margin of 44.16% and a return on equity of 27.99%. Phillips 66 Partners's revenue was up 10.7% on a year-over-year basis. During the same period last year, the firm posted $0.65 EPS. View Phillips 66 Partners' Earnings History.
When is Phillips 66 Partners' next earnings date?
What price target have analysts set for PSXP?
13 analysts have issued 12 month target prices for Phillips 66 Partners' shares. Their predictions range from $51.00 to $63.00. On average, they anticipate Phillips 66 Partners' stock price to reach $57.2917 in the next year. View Analyst Ratings for Phillips 66 Partners.
Who are some of Phillips 66 Partners' key competitors?
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, Limited Partnership (EEP), Holly Energy Partners (HEP), Valero Energy Partners (VLP), NuStar Energy (NS), BP Midstream Partners GP (BPMP), Noble Midstream Partners (NBLX), PBF Logistics (PBFX) and Delek Logistics Partners (DKL).
Who are Phillips 66 Partners' key executives?
Phillips 66 Partners' management team includes the folowing people:
- Gregory C. Garland, Chairman of the Board, Chief Executive Officer of Phillips 66 Partners GP LLC (Age 59)
- Kevin J. Mitchell, Chief Financial Officer, Vice President, Director of the General Partner (Age 50)
- J. T. Liberti, Chief Operating Officer, Vice President of Phillips 66 Partners GP LLC (Age 64)
- Robert A. Herman, Senior Vice President - Operations , Director General Partner (Age 57)
- Craig Clayton Reasor, Vice President - Investor Relations of Phillips 66 Partners GP LLC (Age 59)
- Chukwuemeka A. Oyolu, Vice President, Controller of Phillips 66 Partners GP LLC (Age 47)
- Timothy D. Roberts, Director of Phillips 66 Partners GP LLC (Age 55)
- David Bairrington, Independent Director of Phillips 66 Partners GP LLC (Age 61)
- Mark A. Haney, Independent Director of Phillips 66 Partners GP LLC (Age 62)
- Joseph W. O'Toole, Independent Director of Phillips 66 Partners GP LLC (Age 78)
Has Phillips 66 Partners been receiving favorable news coverage?
News coverage about PSXP stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Phillips 66 Partners earned a daily sentiment score of 0.14 on Accern's scale. They also assigned press coverage about the oil and gas company an impact score of 45.97 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
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 $50.78.
How big of a company is Phillips 66 Partners?
Phillips 66 Partners has a market capitalization of $6.24 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.
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 (PSXP)
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.
Phillips 66 Partners (NYSE:PSXP) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
13 Wall Street analysts have issued ratings and price targets for Phillips 66 Partners in the last 12 months. Their average twelve-month price target is $57.2917, suggesting that the stock has a possible upside of 12.82%. The high price target for PSXP is $63.00 and the low price target for PSXP is $51.00. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.54 | 2.58 | 2.55 | 2.78 |
| Ratings Breakdown: | 0 Sell Rating(s)
6 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $57.2917 | $57.7727 | $58.30 | $59.8571 |
| Price Target Upside: | 12.82% upside | 24.16% upside | 4.61% upside | 19.43% upside |
Phillips 66 Partners (NYSE:PSXP) Consensus Price Target History
Phillips 66 Partners (NYSE:PSXP) Analyst Ratings History
Show:
(Data available from 4/26/2016 forward)
Phillips 66 Partners (NYSE:PSXP) Dividend Information
Phillips 66 Partners pays an annual dividend of $2.71 per share, with a dividend yield of 5.34%. PSXP's next quarterly dividend payment will be made on Monday, May 14. The company has grown its dividend for the last 4 consecutive years and is increasing its dividend by an average of 29.10% each year. Phillips 66 Partners pays out 104.63% of its earnings out as a dividend.
| Next Dividend: | 5/14/2018 |
| Annual Dividend: | $2.71 |
| Dividend Yield: | 5.34% |
| Dividend Growth: | 29.10% (3 Year Average) |
| Payout Ratio: | 104.63% (Trailing 12 Months of Earnings)
83.90% (Based on This Year's Estimates)
76.99% (Based on Next Year's Estimates)
|
| Track Record: | 4 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Phillips 66 Partners (NYSE:PSXP) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/18/2018 | quarterly | $0.7140 | 5.52% | 4/27/2018 | 4/30/2018 | 5/14/2018 |
| 1/18/2018 | quarterly | $0.6780 | 5% | 1/30/2018 | 1/31/2018 | 2/13/2018 |
| 10/19/2017 | quarterly | $0.6460 | 5.02% | 10/30/2017 | 10/31/2017 | 11/13/2017 |
| 7/19/2017 | Quarterly | $0.6150 | 4.84% | 7/27/2017 | 7/31/2017 | 8/11/2017 |
| 4/20/2017 | quarterly | $0.5860 | 4.51% | 4/27/2017 | 5/1/2017 | 5/12/2017 |
| 1/19/2017 | quarterly | $0.5580 | 4.28% | 1/27/2017 | 1/31/2017 | 2/13/2017 |
| 10/20/2016 | quarterly | $0.5310 | 4.46% | 10/31/2016 | 11/2/2016 | 11/14/2016 |
| 7/21/2016 | quarterly | $0.5050 | 3.7% | 8/1/2016 | 8/3/2016 | 8/12/2016 |
| 4/21/2016 | quarterly | $0.4580 | 3.02% | 4/29/2016 | 5/3/2016 | 5/12/2016 |
| 1/22/2016 | quarterly | $0.4580 | 2.9% | 2/1/2016 | 2/3/2016 | 2/12/2016 |
| 10/22/2015 | quarterly | $0.4280 | 3.1% | 10/30/2015 | 11/3/2015 | 11/12/2015 |
| 7/23/2015 | quarterly | $0.40 | 2.68% | 7/30/2015 | 8/3/2015 | 8/12/2015 |
| 4/22/2015 | | $0.37 | | 4/30/2015 | 5/4/2015 | 5/12/2015 |
| 1/22/2015 | quarterly | $0.34 | 1.88% | 2/2/2015 | 2/4/2015 | 2/13/2015 |
| 10/22/2014 | quarterly | $0.3168 | 1.92% | 10/31/2014 | 11/4/2014 | 11/13/2014 |
| 7/23/2014 | quarterly | $0.3017 | 1.77% | 7/31/2014 | 8/4/2014 | 8/13/2014 |
| 4/23/2014 | quarterly | $0.2743 | 1.94% | 5/1/2014 | 5/5/2014 | 5/13/2014 |
| 1/22/2014 | quarterly | $0.2248 | 2.33% | 1/31/2014 | 2/4/2014 | 2/13/2014 |
| 10/24/2013 | special | $0.1548 | | 10/31/2013 | 11/4/2013 | 11/13/2013 |
| 10/23/2013 | quarterly | $0.1548 | | | 11/4/2013 | 11/13/2013 |
(Data available from 1/1/2013 forward)
Phillips 66 Partners (NYSE PSXP) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 41.19%
Phillips 66 Partners (NYSE PSXP) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 11/17/2016 | Timothy Garth Taylor | President | Buy | 5,000 | $43.53 | $217,650.00 | 55,000 |  |
| 5/20/2016 | Mark Haney | Director | Buy | 8,000 | $52.94 | $423,520.00 | 28,000 | |
| 5/20/2016 | Mark Haney | Director | Buy | 8,000 | $52.94 | $423,520.00 | 28,000 | |
| 5/20/2016 | Mark Haney | Director | Buy | 8,000 | $52.94 | $423,520.00 | 28,000 | |
| 12/1/2014 | J. T Liberti | COO | Buy | 3,000 | $58.38 | $175,140.00 | | |
| 8/7/2014 | J. T Liberti | COO | Buy | 357 | $62.35 | $22,258.95 | | |
| 2/18/2014 | J. Liberti | COO | Buy | 4,139 | $43.98 | $182,033.22 | 34,139 | |
| 7/26/2013 | Craig Clayton Reasor | VP | Buy | 20,000 | $23.00 | $460,000.00 | | |
| 7/26/2013 | Greg C Garland | CEO | Buy | 35,000 | $23.00 | $805,000.00 | | |
| 7/26/2013 | Gregory Gene Maxwell | CFO | Buy | 30,000 | $23.00 | $690,000.00 | | |
| 7/26/2013 | Joseph O'toole | Director | Buy | 25,000 | $23.00 | $575,000.00 | | |
| 7/26/2013 | Timothy Garth Taylor | President | Buy | 50,000 | $23.00 | $1,150,000.00 | | |
(Data available from 1/1/2013 forward)
Phillips 66 Partners (NYSE PSXP) News Headlines
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Phillips 66 Partners (NYSE:PSXP) SEC Filings
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Phillips 66 Partners (NYSE:PSXP) Income Statement, Balance Sheet and Cash Flow Statement
Phillips 66 Partners (NYSE PSXP) Stock Chart for Thursday, April, 26, 2018
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