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DOW   31,391.52
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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NYSE:PSXP

Phillips 66 Partners Stock Forecast, Price & News

$28.50
+0.53 (+1.89 %)
(As of 03/2/2021 12:00 AM ET)
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Today's Range
$27.63
Now: $28.50
$28.93
50-Day Range
$24.33
MA: $27.14
$30.96
52-Week Range
$19.00
Now: $28.50
$56.19
Volume1.32 million shs
Average Volume1.20 million shs
Market Capitalization$6.51 billion
P/E Ratio7.33
Dividend Yield12.51%
Beta1.13
Phillips 66 Partners LP owns, operates, develops, and acquires midstream assets. It offers transportation, terminaling, processing, and storage and fractionation of refined petroleum products and natural gas liquids. The company was founded in 2013 and is headquartered in Houston, Texas. Phillips 66 Partners LP operates as a subsidiary of Phillips 66.
Phillips 66 Partners logo

Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
CUSIPN/A
Phone855-283-9237
EmployeesN/A
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.67 billion
Cash Flow$4.31 per share
Book Value$9.18 per share

Profitability

Net Income$923 million

Miscellaneous

Market Cap$6.51 billion
Next Earnings Date5/7/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

2.18 out of 5 stars

Oils/Energy Sector

23rd out of 668 stocks

Pipelines, Except Natural Gas Industry

3rd out of 19 stocks

Analyst Opinion: 3.2Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$28.50
+0.53 (+1.89 %)
(As of 03/2/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Phillips 66 Partners (NYSE:PSXP) Frequently Asked Questions

Is Phillips 66 Partners a buy right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 Partners in the last twelve months. There are currently 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Phillips 66 Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSXP, but not buy additional shares or sell existing shares.
View analyst ratings for Phillips 66 Partners
or view top-rated stocks.

What stocks does MarketBeat like better than Phillips 66 Partners?

Wall Street analysts have given Phillips 66 Partners a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Phillips 66 Partners wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Phillips 66 Partners' next earnings date?

Phillips 66 Partners is scheduled to release its next quarterly earnings announcement on Friday, May 7th 2021.
View our earnings forecast for Phillips 66 Partners
.

How were Phillips 66 Partners' earnings last quarter?

Phillips 66 Partners LP (NYSE:PSXP) issued its quarterly earnings data on Thursday, January, 28th. The oil and gas company reported $0.40 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.87 by $0.47. The oil and gas company had revenue of $390 million for the quarter, compared to analyst estimates of $390.12 million. Phillips 66 Partners had a net margin of 56.75% and a trailing twelve-month return on equity of 41.31%. During the same period in the prior year, the firm posted $1.06 EPS.
View Phillips 66 Partners' earnings history
.

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

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 decreased by 29.1% and is now trading at $28.50.
View which stocks have been most impacted by COVID-19
.

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, January 20th. Investors of record on Friday, January 29th will be paid a dividend of $0.875 per share on Friday, February 12th. This represents a $3.50 dividend on an annualized basis and a yield of 12.28%. The ex-dividend date of this dividend is Thursday, January 28th. This is a positive change from Phillips 66 Partners's previous quarterly dividend of $0.37.
View Phillips 66 Partners' dividend history
.

Is Phillips 66 Partners a good dividend stock?

Phillips 66 Partners pays an annual dividend of $3.50 per share and currently has a dividend yield of 12.51%. PSXP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Phillips 66 Partners does not yet have a strock track record of dividend growth. The dividend payout ratio of Phillips 66 Partners is 81.59%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Phillips 66 Partners will have a dividend payout ratio of 93.33% in the coming year. This indicates that Phillips 66 Partners may not be able to sustain their current dividend.
View Phillips 66 Partners' dividend history.

What price target have analysts set for PSXP?

12 brokers have issued 1 year price objectives for Phillips 66 Partners' stock. Their forecasts range from $27.00 to $52.00. On average, they expect Phillips 66 Partners' share price to reach $36.18 in the next twelve months. This suggests a possible upside of 27.0% from the stock's current price.
View analysts' price targets for Phillips 66 Partners
or view top-rated stocks among Wall Street analysts.

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 64)
  • Mr. Kevin J. Mitchell, VP, CFO & Director of Phillips 66 Partners GP LLC (Age 55)
  • Mr. Chukwuemeka A. Oyolu, VP & Controller of Phillips 66 Partners GP LLC (Age 52)
  • Mr. Timothy D. Roberts, VP, Director & COO of Phillips 66 Partners GP LLC (Age 59)
  • Ms. Paula Ann Johnson, VP, Gen. Counsel, Sec. & Director of Phillips 66 Partners GP LLC (Age 58)
  • Mr. Robert A. Herman, VP & Director of Phillips 66 Partners GP LLC (Age 62)

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 AT&T (T), Enterprise Products Partners (EPD), Phillips 66 (PSX), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Pfizer (PFE), Energy Transfer (ET), Verizon Communications (VZ), Wells Fargo & Company (WFC) and Intel (INTC).

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 variety of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (1.23%), Chickasaw Capital Management LLC (1.16%), Brookfield Asset Management Inc. (0.81%), Morgan Stanley (0.71%), Kayne Anderson Capital Advisors LP (0.70%) and Miller Howard Investments Inc. NY (0.17%). Company insiders that own Phillips 66 Partners stock include Kevin J Mitchell, Mark Haney and Phillip David Bairrington.
View institutional ownership trends for Phillips 66 Partners
.

Which institutional investors are selling Phillips 66 Partners stock?

PSXP stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Barclays PLC, Jennison Associates LLC, Wells Fargo & Company MN, Miller Howard Investments Inc. NY, Spirit of America Management Corp NY, NBW Capital LLC, and Teacher Retirement System of Texas.
View insider buying and selling activity for Phillips 66 Partners
or view top insider-selling stocks.

Which institutional investors are buying Phillips 66 Partners stock?

PSXP stock was acquired by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Chickasaw Capital Management LLC, Morgan Stanley, Infrastructure Capital Advisors LLC, ING Groep NV, JPMorgan Chase & Co., HighTower Advisors LLC, and Edge Capital Group LLC. Company insiders that have bought Phillips 66 Partners stock in the last two years include Kevin J Mitchell, Mark Haney, and Phillip David Bairrington.
View insider buying and selling activity for Phillips 66 Partners
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Phillips 66 Partners' stock price today?

One share of PSXP stock can currently be purchased for approximately $28.50.

How much money does Phillips 66 Partners make?

Phillips 66 Partners has a market capitalization of $6.51 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.

Where are Phillips 66 Partners' headquarters?

Phillips 66 Partners is headquartered at 2331 CityWest Blvd., Houston TX, 77042.

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 in[email protected]


This page was last updated on 3/3/2021 by MarketBeat.com Staff

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