NYSE:PSXP - Phillips 66 Partners Stock Price, Forecast & News

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, October 16th. Stockholders of record on Thursday, October 31st will be paid a dividend of $0.865 per share on Wednesday, November 13th. This represents a $3.46 annualized dividend and a dividend yield of 5.41%. The ex-dividend date is Wednesday, October 30th. This is a positive change from Phillips 66 Partners's previous quarterly dividend of $0.86. View Phillips 66 Partners' Dividend History.

Phillips 66 Partners LP (NYSE:PSXP) posted its earnings results on Friday, October, 25th. The oil and gas company reported $0.92 earnings per share for the quarter, missing analysts' consensus estimates of $1.00 by $0.08. The oil and gas company had revenue of $423 million for the quarter, compared to analyst estimates of $410.93 million. Phillips 66 Partners had a return on equity of 45.65% and a net margin of 51.83%. View Phillips 66 Partners' Earnings History.

Phillips 66 Partners is scheduled to release their next quarterly earnings announcement on Friday, January 31st 2020. View Earnings Estimates for Phillips 66 Partners.

Phillips 66 Partners will be holding an earnings conference call on Friday, January 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

9 equities research analysts have issued 12-month price targets for Phillips 66 Partners' stock. Their forecasts range from $52.00 to $65.00. On average, they anticipate Phillips 66 Partners' share price to reach $59.38 in the next twelve months. This suggests that the stock has a possible downside of 7.2%. View Analyst Price Targets for Phillips 66 Partners.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 Partners in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Phillips 66 Partners.

Media stories about PSXP stock have been trending positive recently, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. 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 coverage optimism score of 3.0 on InfoTrie's scale. They also assigned headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Phillips 66 Partners.

Phillips 66 Partners saw a increase in short interest in December. As of December 31st, there was short interest totalling 3,510,000 shares, an increase of 27.6% from the December 15th total of 2,750,000 shares. Based on an average trading volume of 454,200 shares, the days-to-cover ratio is currently 7.7 days. Currently, 6.5% of the shares of the stock are short sold. View Phillips 66 Partners' Current Options Chain.

Some companies that are related to Phillips 66 Partners include Mplx (MPLX), Magellan Midstream Partners (MMP), Plains All American Pipeline (PAA), Buckeye Partners (BPL), Shell Midstream Partners (SHLX), Plains GP (PAGP), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), PBF Logistics (PBFX), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL) and Blueknight Energy Partners (BKEP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Phillips 66 Partners investors own include AT&T (T), Phillips 66 (PSX), Verizon Communications (VZ), Exxon Mobil (XOM), Bank of America (BAC), Johnson & Johnson (JNJ), Wells Fargo & Co (WFC), Enterprise Products Partners (EPD), Boeing (BA) and Pfizer (PFE).

Phillips 66 Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Chickasaw Capital Management LLC (0.91%), Spirit of America Management Corp NY (0.14%), Canton Hathaway LLC (0.01%), Diversified Trust Co (0.00%) and Arlington Partners LLC (0.00%). 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.

PSXP stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Diversified Trust Co and Spirit of America Management Corp NY. View Insider Buying and Selling for Phillips 66 Partners.

PSXP stock was acquired by a variety of institutional investors in the last quarter, including Arlington Partners LLC and Canton Hathaway LLC. 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 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, Robinhood, Fidelity and Charles Schwab.

One share of PSXP stock can currently be purchased for approximately $63.96.

Phillips 66 Partners has a market capitalization of $14.56 billion and generates $1.49 billion in revenue each year. The oil and gas company earns $796 million in net income (profit) each year or $4.00 on an earnings per share basis. View Additional Information About Phillips 66 Partners.

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]