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 Thursday, October 18th. Stockholders of record on Wednesday, October 31st will be given a dividend of $0.792 per share on Tuesday, November 13th. This represents a $3.17 dividend on an annualized basis and a dividend yield of 6.70%. The ex-dividend date 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) released its earnings results on Friday, October, 26th. The oil and gas company reported $1.10 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.92 by $0.18. The oil and gas company had revenue of $384 million for the quarter, compared to analysts' expectations 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 revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.65 earnings per share. 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 brokers have issued 12 month target prices for Phillips 66 Partners' stock. Their predictions range from $53.00 to $66.00. On average, they expect Phillips 66 Partners' share price to reach $58.2917 in the next year. This suggests a possible upside of 23.2% 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.

Press coverage about PSXP stock has been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Phillips 66 Partners earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

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), Plains GP (PAGP), Enbridge Energy Partners (EEP), 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 many different of retail and institutional investors. Top institutional investors 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 purchased 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 $47.31.

Phillips 66 Partners has a market capitalization of $5.83 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]