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, April 17th. Stockholders of record on Tuesday, April 30th will be given a dividend of $0.845 per share on Tuesday, May 14th. This represents a $3.38 annualized dividend and a dividend yield of 6.75%. The ex-dividend date of this dividend is Monday, April 29th. This is a boost from Phillips 66 Partners's previous quarterly dividend of $0.84. View Phillips 66 Partners' Dividend History.

Phillips 66 Partners LP (NYSE:PSXP) released its earnings results on Tuesday, April, 30th. The oil and gas company reported $0.92 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.98 by $0.06. The oil and gas company had revenue of $423 million for the quarter, compared to analyst estimates of $366.55 million. Phillips 66 Partners had a net margin of 52.90% and a return on equity of 47.98%. Phillips 66 Partners's quarterly revenue was up 7.6% on a year-over-year basis. During the same period last year, the business posted $0.87 earnings per share. View Phillips 66 Partners' Earnings History.

Phillips 66 Partners is scheduled to release their next quarterly earnings announcement on Friday, July 26th 2019. View Earnings Estimates for Phillips 66 Partners.

10 brokers have issued 12 month price targets for Phillips 66 Partners' stock. Their predictions range from $52.00 to $62.00. On average, they anticipate Phillips 66 Partners' share price to reach $57.2222 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price. View Analyst Price Targets for Phillips 66 Partners.

10 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 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 been trending somewhat positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Phillips 66 Partners earned a coverage optimism score of 1.4 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

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), NuStar Energy (NS), Holly Energy Partners (HEP), 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), AT&T (T), General Electric (GE), Boeing (BA), Bank of America (BAC), Johnson & Johnson (JNJ), Enterprise Products Partners (EPD), General Motors (GM), Energy Transfer LP Unit (ET) and Verizon Communications (VZ).

Phillips 66 Partners' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (8.37%), Alps Advisors Inc. (4.21%), Goldman Sachs Group Inc. (2.77%), Kayne Anderson Capital Advisors LP (2.27%), Chickasaw Capital Management LLC (1.93%) and JPMorgan Chase & Co. (1.39%). 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 Tortoise Capital Advisors L.L.C., Morgan Stanley, Alps Advisors Inc., Citigroup Inc., Principal Financial Group Inc., Westwood Holdings Group Inc., Eagle Global Advisors LLC and Chickasaw Capital Management 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 Goldman Sachs Group Inc., Bank of Montreal Can, HITE Hedge Asset Management LLC, Kayne Anderson Capital Advisors LP, Wells Fargo & Company MN, Hartz Capital Inc., RR Advisors LLC and Duff & Phelps Investment Management Co.. 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 $50.09.

Phillips 66 Partners has a market capitalization of $6.25 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]