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 Thursday, October 18th. Investors of record on Wednesday, October 31st will be paid a dividend of $0.792 per share on Tuesday, November 13th. This represents a $3.17 annualized dividend and a yield of 6.73%. The ex-dividend date of this dividend is Tuesday, October 30th. This is a boost from Phillips 66 Partners's previous quarterly dividend of $0.75. View Phillips 66 Partners' Dividend History.

Phillips 66 Partners LP (NYSE:PSXP) issued its earnings results on Friday, October, 26th. The oil and gas company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.18. The oil and gas company earned $384 million during the quarter, compared to analyst estimates of $362.44 million. Phillips 66 Partners had a return on equity of 47.66% and a net margin of 51.76%. The business's quarterly revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.65 EPS. View Phillips 66 Partners' Earnings History.

Phillips 66 Partners is scheduled to release their next quarterly earnings announcement on Friday, February 1st 2019. View Earnings Estimates for Phillips 66 Partners.

12 analysts have issued 12-month price objectives for Phillips 66 Partners' stock. Their forecasts range from $53.00 to $66.00. On average, they anticipate Phillips 66 Partners' share price to reach $58.2917 in the next twelve months. This suggests a possible upside of 23.9% from the stock's current price. View Analyst Price Targets for Phillips 66 Partners.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 Partners in the last year. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Phillips 66 Partners.

News articles about PSXP stock have trended somewhat positive this week, according to InfoTrie. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Phillips 66 Partners earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned media headlines about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future.

Some companies that are related to Phillips 66 Partners include Plains All American Pipeline (PAA), Magellan Midstream Partners (MMP), Andeavor Logistics (ANDX), Shell Midstream Partners (SHLX), Buckeye Partners (BPL), Enbridge Energy Partners (EEP), Plains GP (PAGP), Holly Energy Partners (HEP), Valero Energy Partners (VLP), NuStar Energy (NS), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), PBF Logistics (PBFX), Delek Logistics Partners (DKL) and TransMontaigne Partners (TLP).

Phillips 66 Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (9.45%), Alps Advisors Inc. (3.88%), Chickasaw Capital Management LLC (2.58%), Kayne Anderson Capital Advisors LP (1.95%), Advisory Research Inc. (1.52%) and JPMorgan Chase & Co. (1.40%). View Institutional Ownership Trends for Phillips 66 Partners.

PSXP stock was sold by a variety of institutional investors in the last quarter, including Advisory Research Inc., Bank of Montreal Can, Morgan Stanley, Dividend Assets Capital LLC, Spirit of America Management Corp NY, Duff & Phelps Investment Management Co., Chickasaw Capital Management LLC and BP Capital Fund Advisors 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 Tortoise Capital Advisors L.L.C., Mirae Asset Global Investments Co. Ltd., Virtus ETF Advisers LLC, JPMorgan Chase & Co., Alps Advisors Inc., BP Capital Fund Advisors LLC, RR Advisors LLC and MetLife Investment Advisors LLC. 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 $47.06.

Phillips 66 Partners has a market capitalization of $5.65 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.

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]