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

$52.35
+0.57 (+1.10 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$51.45
Now: $52.35
$52.79
50-Day Range
$48.82
MA: $51.44
$53.88
52-Week Range
$40.76
Now: $52.35
$55.02
Volume788,000 shs
Average Volume492,223 shs
Market Capitalization$6.54 billion
P/E Ratio13.09
Dividend Yield6.60%
Beta1
Phillips 66 Partners LP owns, operates, develops, and acquires crude oil, refined petroleum products, and natural gas liquids (NGL) pipelines, terminals, and other transportation and midstream assets. The company operates pipeline assets in Lake Charles, Sweeny, Wood River, Borger/Ponca City, Billings, and Borger; terminal, rail rack, and storage assets in Louisiana, Texas, New Mexico, Illinois, Missouri, Kansas, Oklahoma, New Jersey, Washington, Wyoming, and Montana; marine assets in Lake Charles, Bayway, and Wood River; and NGL assets in Texas and Louisiana. Read More…

Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone855-283-9237

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.49 billion
Cash Flow$7.4573 per share
Book Value$14.97 per share

Profitability

Net Income$796 million

Miscellaneous

EmployeesN/A
Market Cap$6.54 billion
Next Earnings Date10/25/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Wednesday, July 17th. Investors of record on Wednesday, July 31st will be paid a dividend of $0.855 per share on Tuesday, August 13th. This represents a $3.42 dividend on an annualized basis and a yield of 6.53%. The ex-dividend date is Tuesday, July 30th. This is a boost from Phillips 66 Partners's previous quarterly dividend of $0.85. View Phillips 66 Partners' Dividend History.

How were Phillips 66 Partners' earnings last quarter?

Phillips 66 Partners LP (NYSE:PSXP) issued its quarterly earnings data on Friday, July, 26th. The oil and gas company reported $1.15 EPS for the quarter, beating analysts' consensus estimates of $1.13 by $0.02. The oil and gas company earned $401 million during the quarter, compared to analysts' expectations of $393.61 million. Phillips 66 Partners had a return on equity of 48.70% and a net margin of 54.28%. The company's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.87 EPS. View Phillips 66 Partners' Earnings History.

When is Phillips 66 Partners' next earnings date?

Phillips 66 Partners is scheduled to release their next quarterly earnings announcement on Friday, October 25th 2019. View Earnings Estimates for Phillips 66 Partners.

What price target have analysts set for PSXP?

11 brokers have issued 1 year target prices for Phillips 66 Partners' stock. Their predictions range from $52.00 to $62.00. On average, they anticipate Phillips 66 Partners' stock price to reach $57.10 in the next year. This suggests a possible upside of 9.1% from the stock's current price. View Analyst Price Targets for Phillips 66 Partners.

What is the consensus analysts' recommendation for Phillips 66 Partners?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 Partners in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Phillips 66 Partners.

Has Phillips 66 Partners been receiving favorable news coverage?

Press coverage about PSXP stock has been trending negative on Sunday, according to InfoTrie. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Phillips 66 Partners earned a news sentiment score of -2.3 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Phillips 66 Partners.

Are investors shorting Phillips 66 Partners?

Phillips 66 Partners saw a increase in short interest in July. As of July 31st, there was short interest totalling 2,631,100 shares, an increase of 11.2% from the June 30th total of 2,366,200 shares. Based on an average daily volume of 324,100 shares, the days-to-cover ratio is presently 8.1 days. Approximately 5.2% of the company's stock are short sold. View Phillips 66 Partners' Current Options Chain.

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), Phillips 66 (PSX), Wells Fargo & Co (WFC), Exxon Mobil (XOM), Enterprise Products Partners (EPD), Verizon Communications (VZ), Boeing (BA), Bank of America (BAC), Johnson & Johnson (JNJ) and Energy Transfer LP Unit (ET).

Who are Phillips 66 Partners' key executives?

Phillips 66 Partners' management team includes the folowing people:
  • Mr. Greg C. Garland, Chairman & CEO of Phillips 66 Partners GP LLC (Age 62)
  • Mr. Kevin J. Mitchell, VP, CFO & Director of Phillips 66 Partners GP LLC (Age 53)
  • Mr. Chukwuemeka A. Oyolu, VP & Controller of Phillips 66 Partners GP LLC (Age 50)
  • Ms. Rosy Zuklic, VP & COO of Phillips 66 Partners GP LLC (Age 45)
  • Ms. Paula Ann Johnson, VP, Gen. Counsel & Sec. of Phillips 66 Partners GP LLC (Age 56)

Who are Phillips 66 Partners' major shareholders?

Phillips 66 Partners' stock is owned by many different of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (7.97%), Alps Advisors Inc. (3.90%), Kayne Anderson Capital Advisors LP (2.25%), Energy Income Partners LLC (2.07%), Chickasaw Capital Management LLC (1.86%) and UBS Group AG (1.48%). 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.

Which major investors are selling Phillips 66 Partners stock?

PSXP stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Alps Advisors Inc., Westwood Holdings Group Inc., Duff & Phelps Investment Management Co., Infrastructure Capital Advisors LLC, Eagle Global Advisors LLC, Bank of America Corp DE and Chickasaw Capital Management LLC. View Insider Buying and Selling for Phillips 66 Partners.

Which major investors are buying Phillips 66 Partners stock?

PSXP stock was acquired by a variety of institutional investors in the last quarter, including Energy Income Partners LLC, UBS Group AG, Brookfield Asset Management Inc., Bank of Montreal Can, Wells Fargo & Company MN, Miller Howard Investments Inc. NY, Atria Investments LLC and Morgan Stanley. 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.

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 $52.35.

How big of a company is Phillips 66 Partners?

Phillips 66 Partners has a market capitalization of $6.54 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.

What is Phillips 66 Partners' official website?

The official website for Phillips 66 Partners is http://www.phillips66partners.com/.

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 (NYSE PSXP)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  362 (Vote Outperform)
Underperform Votes:  398 (Vote Underperform)
Total Votes:  760
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.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

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