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 declared a quarterly dividend on Wednesday, January 23rd. Stockholders of record on Friday, February 1st will be paid a dividend of $0.835 per share on Wednesday, February 13th. This represents a $3.34 annualized dividend and a dividend yield of 6.09%. The ex-dividend date is Thursday, January 31st. This is a boost from Phillips 66 Partners's previous quarterly dividend of $0.79. View Phillips 66 Partners' Dividend History.

Phillips 66 Partners LP (NYSE:PSXP) released its quarterly earnings data on Friday, February, 8th. The oil and gas company reported $1.09 earnings per share for the quarter, missing the consensus estimate of $1.10 by $0.01. The oil and gas company had revenue of $393 million for the quarter, compared to analysts' expectations of $375.17 million. Phillips 66 Partners had a net margin of 53.57% and a return on equity of 48.73%. Phillips 66 Partners's revenue was up 18.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.83 earnings per share. View Phillips 66 Partners' Earnings History.

Phillips 66 Partners is scheduled to release their next quarterly earnings announcement on Tuesday, April 30th 2019. View Earnings Estimates for Phillips 66 Partners.

12 equities research analysts have issued 1 year target prices for Phillips 66 Partners' shares. Their forecasts range from $52.00 to $62.00. On average, they anticipate Phillips 66 Partners' share price to reach $56.50 in the next twelve months. This suggests a possible upside of 3.0% 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, 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Phillips 66 Partners.

News stories about PSXP stock have trended very negative on Thursday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Phillips 66 Partners earned a media sentiment score of -3.6 on InfoTrie's scale. They also gave news coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days.

Some companies that are related to Phillips 66 Partners include 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), Valero Energy Partners (VLP), Holly Energy Partners (HEP), NuStar Energy (NS), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), PBF Logistics (PBFX), Delek Logistics Partners (DKL) and TransMontaigne Partners (TLP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Phillips 66 Partners investors own include Phillips 66 (PSX), General Electric (GE), AT&T (T), Laredo Petroleum (LPI), Kinder Morgan (KMI), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), Alibaba Group (BABA), Exxon Mobil (XOM) and General Motors (GM).

Phillips 66 Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (8.95%), Alps Advisors Inc. (4.41%), Kayne Anderson Capital Advisors LP (2.04%), Chickasaw Capital Management LLC (1.97%), Energy Income Partners LLC (1.81%) and RR Advisors LLC (0.88%). Company insiders that own Phillips 66 Partners stock include Joseph O'toole and Mark Haney. 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, Tortoise Capital Advisors L.L.C., Dividend Assets Capital LLC, Raymond James & Associates, Miller Howard Investments Inc. NY, FMR LLC, Spirit of America Management Corp NY and NBW Capital 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 Alps Advisors Inc., Eagle Global Advisors LLC, Municipal Employees Retirement System of Michigan, Bank of Montreal Can, Kayne Anderson Capital Advisors LP, Hsbc Holdings PLC, Citigroup Inc. and Energy Income Partners LLC. Company insiders that have bought Phillips 66 Partners stock in the last two years include Joseph O'toole and Mark Haney. 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 $54.85.

Phillips 66 Partners has a market capitalization of $6.81 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.

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]