Phillips 66 Partners LP (Phillips 66) owns, operates, develops and acquires fee-based crude oil, refined petroleum product and natural gas liquids (NGL) pipelines, terminals and other transportation and midstream assets. The Company's assets consist of systems, such as Clifton Ridge Crude System, Eagle Ford Gathering System, Ponca Crude System, Billings Crude System, Borger Crude System, Sweeny to Pasadena Products System, Hartford Connector Products System, Gold Line Products System, Cross-Channel Connector Products System, Ponca Products System, Billings Products System, Bayway Products System, Standish Pipeline, Borger Products System, River Parish NGL System, Medford Spheres, Bayway Rail Rack, Ferndale Rail Rack, Sand Hills/Southern Hills Joint Ventures, Explorer Pipeline Joint Venture, Bakken Joint Ventures, Bayou Bridge Pipeline Joint Venture, STACK Pipeline Joint Venture, and Sweeny Fractionator and Clemens Caverns.
Industry, Sector and Symbol:
Capitalization:- Market Cap: $5.46 billion
- Outstanding Shares: 107,926,000
Average Prices:- 50 Day Moving Avg: $52.32
- 200 Day Moving Avg: $50.98
- 52 Week Range: $42.47 - $58.00
P/E:- Trailing P/E Ratio: 21.64
- Foreward P/E Ratio: 14.21
- P/E Growth: 1.33
Sales & Book Value:- Annual Revenue: $773 million
- Price / Sales: 7.06
- Book Value: $21.45 per share
- Price / Book: 2.36
Dividend:- Annual Dividend: $2.23
- Dividend Yield: 4.6%
Profitability:- EBIDTA: $449 million
- Net Margins: 47.59%
- Return on Equity: 20.92%
- Return on Assets: 10.83%
Debt:- Debt-to-Equity Ratio: 0.66%
- Current Ratio: 0.67%
- Quick Ratio: 0.62%
Misc:- Average Volume: 283,030 shs.
- Beta: 1.56
- Short Ratio: 7.57
Frequently Asked Questions for Phillips 66 Partners LP (NYSE:PSXP)
What is Phillips 66 Partners LP's stock symbol?
Phillips 66 Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSXP."
How often does Phillips 66 Partners LP pay dividends? What is the dividend yield for Phillips 66 Partners LP?
Phillips 66 Partners LP announced a quarterly dividend on Thursday, April 20th. Stockholders of record on Monday, May 1st will be given a dividend of $0.586 per share on Friday, May 12th. This represents a $2.34 annualized dividend and a dividend yield of 4.64%. The ex-dividend date of this dividend is Thursday, April 27th. This is a positive change from Phillips 66 Partners LP's previous quarterly dividend of $0.56. View Phillips 66 Partners LP's Dividend History.
How were Phillips 66 Partners LP's earnings last quarter?
Phillips 66 Partners LP (NYSE:PSXP) issued its quarterly earnings results on Friday, April, 28th. The company reported $0.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.65 by $0.05. The business earned $234 million during the quarter, compared to analyst estimates of $217.56 million. Phillips 66 Partners LP had a return on equity of 20.92% and a net margin of 47.59%. During the same period in the prior year, the firm earned $0.44 earnings per share. View Phillips 66 Partners LP's Earnings History.
Where is Phillips 66 Partners LP's stock going? Where will Phillips 66 Partners LP's stock price be in 2017?
11 equities research analysts have issued 1-year price objectives for Phillips 66 Partners LP's stock. Their forecasts range from $46.00 to $76.00. On average, they anticipate Phillips 66 Partners LP's share price to reach $59.25 in the next twelve months. View Analyst Ratings for Phillips 66 Partners LP.
What are analysts saying about Phillips 66 Partners LP stock?
Here are some recent quotes from research analysts about Phillips 66 Partners LP stock:
- 1. Stifel Nicolaus analysts commented, "Phillips 66 Partners LP posted 4Q16 results above Stifel estimates, reporting Adjusted EBITDA of $161.0 million against our estimate of $147.6 million and up from $110.9 million the prior quarter. The quarter-over-quarter increase was driven primarily by the October 2016 acquisition of $1.3 billion of logistics assets from Phillips 66 (PSX, $79.95). On the call management addressed the recent trend of IDR buyouts and noted they believe PSXP continues to have a competitive equity cost of capital. As such, until the IDR burden grows too onerous for PSXP we expect the partnership and its sponsor will leave the IDR structure intact. At this time we are reiterating our Buy rating and raising our target price to $63.00 from $52.00." (2/6/2017)
- 2. According to Zacks Investment Research, "Phillips 66 Partners L.P is a downstream energy company. It operates in three segments: Refining and Marketing, Midstream and Chemicals. Refining and Marketing segment purchases, refines, markets and transports crude oil and petroleum products primarily in the United States, Europe and Asia. This segment also includes power generation operations. Midstream segment gathers, processes, transports and markets natural gas and transports, fractionates and markets natural gas liquids primarily in the United States. Chemicals segment manufactures and markets petrochemicals and plastics. Phillips 66 Partners L.P is headquartered in Houston, Texas. " (12/14/2016)
Who are some of Phillips 66 Partners LP's key competitors?
Some companies that are related to Phillips 66 Partners LP include Tesoro (TSO), Sinopec Shanghai Petrochemical (SHI), HollyFrontier Corp (HFC), Western Refining (WNR), Sunoco LP (SUN), World Fuel Services Corp (INT), PBF Energy (PBF), CVR Energy (CVI), NGL Energy Partners LP (NGL), Delek US Holdings (DK), CVR Refining LP (CVRR), Alon USA Energy (ALJ), Crossamerica Partners LP (CAPL), Par Pacific Holdings (PARR), Alon USA Partners LP (ALDW), Sprague Resources LP (SRLP), Ferrellgas Partners, L.P. (FGP) and Renewable Energy Group (REGI).
Who are Phillips 66 Partners LP's key executives?
Phillips 66 Partners LP's management team includes the folowing people:
- Gregory C. Garland, Chairman of the Board, Chief Executive Officer of Phillips 66 Partners GP LLC
- Timothy Garth Taylor, President, Director of Phillips 66 Partners GP LLC
- Kevin J. Mitchell, Chief Financial Officer, Vice President, Director of the General Partner
- J. T. Liberti, Chief Operating Officer, Vice President of Phillips 66 Partners GP LLC
- Robert A. Herman, Senior Vice President - Operations , Director General Partner
- Craig Clayton Reasor, Vice President - Investor Relations of Phillips 66 Partners GP LLC
- Chukwuemeka A. Oyolu, Vice President, Controller of Phillips 66 Partners GP LLC
- Timothy D. Roberts, Director of Phillips 66 Partners GP LLC
- David Bairrington, Independent Director of Phillips 66 Partners GP LLC
- Mark A. Haney, Independent Director of Phillips 66 Partners GP LLC
Who owns Phillips 66 Partners LP stock?
Phillips 66 Partners LP's stock is owned by a number of of retail and institutional investors. Top institutional investors include Goldman Sachs Group Inc. (3.51%), Chickasaw Capital Management LLC (2.83%), Kayne Anderson Capital Advisors LP (2.28%), Center Coast Capital Advisors LP (1.85%), Morgan Stanley (1.42%) and Westwood Holdings Group Inc. (1.08%). Company insiders that own Phillips 66 Partners LP stock include Mark Haney and Timothy Garth Taylor. View Institutional Ownership Trends for Phillips 66 Partners LP.
Who sold Phillips 66 Partners LP stock? Who is selling Phillips 66 Partners LP stock?
Phillips 66 Partners LP's stock was sold by a variety of institutional investors in the last quarter, including Center Coast Capital Advisors LP, Morgan Stanley, Credit Suisse AG, Bank of Montreal Can, Copeland Capital Management LLC, Atlantic Trust Group LLC, Westwood Holdings Group Inc. and Sei Investments Co.. View Insider Buying and Selling for Phillips 66 Partners LP.
Who bought Phillips 66 Partners LP stock? Who is buying Phillips 66 Partners LP stock?
Phillips 66 Partners LP's stock was bought by a variety of institutional investors in the last quarter, including Global X Management Co. LLC, Kayne Anderson Capital Advisors LP, Brookfield Asset Management Inc., Bank of America Corp DE, Tiedemann Wealth Management LLC, Spirit of America Management Corp NY, Chickasaw Capital Management LLC and California Public Employees Retirement System. Company insiders that have bought Phillips 66 Partners LP stock in the last two years include Mark Haney and Timothy Garth Taylor. View Insider Buying and Selling for Phillips 66 Partners LP.
How do I buy Phillips 66 Partners LP stock?
Shares of Phillips 66 Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Phillips 66 Partners LP's stock price today?
One share of Phillips 66 Partners LP stock can currently be purchased for approximately $50.57.
MarketBeat Community Rating for Phillips 66 Partners LP (NYSE PSXP)MarketBeat's community ratings are surveys of what our community members think about Phillips 66 Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for Phillips 66 Partners LP (NYSE:PSXP)Earnings History by Quarter for Phillips 66 Partners LP (NYSE PSXP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 4/28/2017 | Q1 2017 | $0.65 | $0.60 | $217.56 million | $234.00 million | View | N/A |  |
| 2/3/2017 | Q416 | $0.76 | $0.65 | $197.26 million | $228.00 million | View | N/A | |
| 10/28/2016 | Q316 | $0.60 | $0.57 | $151.70 million | $144.30 million | View | Listen | |
| 7/29/2016 | Q216 | $0.50 | $0.51 | $122.82 million | $140.40 million | View | Listen | |
| 4/29/2016 | Q1 | $0.58 | $0.44 | $102.30 million | $121.20 million | View | Listen | |
| 1/29/2016 | Q415 | $0.53 | $0.61 | $94.83 million | $103.00 million | View | Listen | |
| 10/30/2015 | Q315 | $0.45 | $0.50 | $95.15 million | $91.40 million | View | Listen | |
| 7/31/2015 | Q215 | $0.44 | $0.50 | $82.03 million | $83.80 million | View | Listen | |
| 4/30/2015 | Q1 | $0.40 | $0.39 | $69.12 million | $70.10 million | View | N/A | |
| 1/29/2015 | Q414 | $0.38 | $0.44 | $57.33 million | $62.70 million | View | N/A | |
| 10/29/2014 | Q314 | $0.40 | $0.37 | $56.80 million | $53.40 million | View | N/A | |
| 7/30/2014 | Q214 | $0.43 | $0.41 | $52.85 million | $56.90 million | View | Listen | |
| 4/30/2014 | Q114 | $0.30 | $0.24 | $36.70 million | $36.00 million | View | Listen | |
| 1/29/2014 | Q413 | $0.30 | $0.24 | $28.25 million | $30.00 million | View | Listen | |
| 10/30/2013 | Q313 | $1.23 | $0.17 | $41.23 billion | $29.60 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Phillips 66 Partners LP (NYSE:PSXP)Current Year EPS Consensus Estimate: $2.97 EPS
Next Year EPS Consensus Estimate: $3.56 EPS
Current Dividend Information for Phillips 66 Partners LP (NYSE:PSXP)| Most Recent Dividend: | 5/12/2017 |
| Annual Dividend: | $2.23 |
| Dividend Yield: | 4.41% |
| Dividend Growth: | 133.70% (3 Year Average) |
| Payout Ratio: | 102.76% (Trailing 12 Months of Earnings)
75.08% (Based on This Year's Estimates)
62.64% (Based on Next Year's Estimates)
|
| Track Record: | 3 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Phillips 66 Partners LP (NYSE PSXP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/20/2017 | quarterly | $0.59 | 4.51% | 4/27/2017 | 5/1/2017 | 5/12/2017 |
| 1/19/2017 | quarterly | $0.56 | 4.28% | 1/27/2017 | 1/31/2017 | 2/13/2017 |
| 10/20/2016 | quarterly | $0.53 | 4.46% | 10/31/2016 | 11/2/2016 | 11/14/2016 |
| 7/21/2016 | quarterly | $0.51 | 3.7% | 8/1/2016 | 8/3/2016 | 8/12/2016 |
| 4/21/2016 | quarterly | $0.46 | 3.02% | 4/29/2016 | 5/3/2016 | 5/12/2016 |
| 1/22/2016 | quarterly | $0.46 | 2.9% | 2/1/2016 | 2/3/2016 | 2/12/2016 |
| 10/22/2015 | quarterly | $0.43 | 3.1% | 10/30/2015 | 11/3/2015 | 11/12/2015 |
| 7/23/2015 | quarterly | $0.40 | 2.68% | 7/30/2015 | 8/3/2015 | 8/12/2015 |
| 4/22/2015 | | $0.37 | | 4/30/2015 | 5/4/2015 | 5/12/2015 |
| 1/22/2015 | quarterly | $0.34 | 1.88% | 2/2/2015 | 2/4/2015 | 2/13/2015 |
| 10/22/2014 | quarterly | $0.32 | 1.92% | 10/31/2014 | 11/4/2014 | 11/13/2014 |
| 7/23/2014 | quarterly | $0.30 | 1.77% | 7/31/2014 | 8/4/2014 | 8/13/2014 |
| 4/23/2014 | quarterly | $0.27 | 1.94% | 5/1/2014 | 5/5/2014 | 5/13/2014 |
| 1/22/2014 | quarterly | $0.22 | 2.33% | 1/31/2014 | 2/4/2014 | 2/13/2014 |
| 10/24/2013 | special | $0.15 | | 10/31/2013 | 11/4/2013 | 11/13/2013 |
| 10/23/2013 | quarterly | $0.15 | | | 11/4/2013 | 11/13/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Phillips 66 Partners LP (NYSE:PSXP)Institutional Ownership Percentage: 40.67%
Insider Trades by Quarter for Phillips 66 Partners LP (NYSE:PSXP)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 11/17/2016 | Timothy Garth Taylor | President | Buy | 5,000 | $43.53 | $217,650.00 | |
| 5/20/2016 | Mark Haney | Director | Buy | 8,000 | $52.94 | $423,520.00 | |
| 5/20/2016 | Mark Haney | Director | Buy | 8,000 | $52.94 | $423,520.00 | |
| 5/20/2016 | Mark Haney | Director | Buy | 8,000 | $52.94 | $423,520.00 | |
| 12/1/2014 | J. T Liberti | COO | Buy | 3,000 | $58.38 | $175,140.00 | |
| 8/7/2014 | J. T Liberti | COO | Buy | 357 | $62.35 | $22,258.95 | |
| 2/18/2014 | J. Liberti | COO | Buy | 4,139 | $43.98 | $182,033.22 | |
| 7/26/2013 | Craig Clayton Reasor | VP | Buy | 20,000 | $23.00 | $460,000.00 | |
| 7/26/2013 | Greg C Garland | CEO | Buy | 35,000 | $23.00 | $805,000.00 | |
| 7/26/2013 | Gregory Gene Maxwell | CFO | Buy | 30,000 | $23.00 | $690,000.00 | |
| 7/26/2013 | Joseph O'toole | Director | Buy | 25,000 | $23.00 | $575,000.00 | |
| 7/26/2013 | Timothy Garth Taylor | President | Buy | 50,000 | $23.00 | $1,150,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Phillips 66 Partners LP (NYSE:PSXP)
Latest Headlines for Phillips 66 Partners LP (NYSE:PSXP)
| Source: |
|
| Date | Headline |
|---|
 | Refining Margins in 1Q17: Which Big Player Saw a Surge in 1Q17?
finance.yahoo.com - May 29 at 8:17 AM |
| Phillips 66 Partners LP (PSXP)
finance.yahoo.com - May 23 at 6:48 PM |
 | Phillips 66 Partners LP (PSXP) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - May 19 at 11:06 PM |
 | Peek Under The Hood: EMLP Has 10% Upside - Nasdaq
www.nasdaq.com - May 19 at 7:56 PM |
| Phillips 66 Partners LP breached its 50 day moving average in a Bearish Manner : PSXP-US : May 18, 2017
finance.yahoo.com - May 19 at 12:10 PM |
| Did Trump Trade’s Unwinding Halt Marathon’s Rally?
finance.yahoo.com - May 19 at 12:10 PM |
| $239.08 Million in Sales Expected for Phillips 66 Partners LP (PSXP) This Quarter
www.americanbankingnews.com - May 17 at 12:48 PM |
| After Hours Most Active for May 16, 2017 : CMCSA, PSXP, BAC, PFE, KEY, KATE, KIM - Nasdaq
www.nasdaq.com - May 17 at 8:23 AM |
| $0.74 Earnings Per Share Expected for Phillips 66 Partners LP (PSXP) This Quarter
www.americanbankingnews.com - May 15 at 10:00 AM |
| The "New" Energy Transfer Partners LP Still Has Many of the Same Old Problems
finance.yahoo.com - May 8 at 6:43 PM |
| Zachry to find jobs for 200 workers displaced at Phillips 66 Sweeny Refinery
finance.yahoo.com - May 8 at 6:43 PM |
| Zachry Industrial cuts 200 jobs at Phillips 66 Sweeny Refinery
finance.yahoo.com - May 8 at 6:43 PM |
| Phillips 66 Partners LP breached its 50 day moving average in a Bullish Manner : PSXP-US : May 8, 2017
finance.yahoo.com - May 8 at 11:54 AM |
 | Antero Midstream GP raises $875 million in U.S. IPO
www.reuters.com - May 4 at 12:41 AM |
| Phillips 66 Partners (PSXP) Receives Media Impact Rating of 0.12
www.americanbankingnews.com - May 3 at 11:54 PM |
| Phillips 66 Declares 70 Cent Quarterly Dividend
finance.yahoo.com - May 3 at 7:39 PM |
| 5 Things Phillips 66's CEO Wants You to Know About Its Q1 Results
finance.yahoo.com - May 1 at 6:41 PM |
| Phillips 66 Partners (PSXP) Receives Coverage Optimism Rating of -0.02
www.americanbankingnews.com - April 30 at 3:47 PM |
| Edited Transcript of PSXP earnings conference call or presentation 28-Apr-17 6:00pm GMT
finance.yahoo.com - April 30 at 12:48 AM |
| Edited Transcript of PSXP earnings conference call or presentation 28-Apr-17 6:00pm GMT - Yahoo Finance
finance.yahoo.com - April 29 at 7:46 PM |
| Phillips 66 Partners LP (PSXP) Posts Earnings Results, Misses Estimates By $0.05 EPS
www.americanbankingnews.com - April 29 at 1:27 AM |
| Phillips 66 Partners LP (PSXP) Issues Earnings Results
www.americanbankingnews.com - April 29 at 1:14 AM |
 | Phillips 66 Partners LP 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - April 28 at 8:22 PM |
| Phillips 66 Says Refineries to Run at Mid-90 Pct in Q2
finance.yahoo.com - April 28 at 8:22 PM |
| Phillips 66 Partners Reports First-Quarter Earnings
finance.yahoo.com - April 28 at 8:22 PM |
| Phillips 66 (PSX) Beats Q1 Earnings & Revenue
finance.yahoo.com - April 28 at 8:15 AM |
| Phillips 66's profit jumps 39 percent on $423 mln gain
finance.yahoo.com - April 28 at 8:15 AM |
| Phillips 66 Partners LP : PSXP-US: Dividend Analysis : May 01st, 2017 (record date) : By the numbers : April 27, 2017
finance.yahoo.com - April 28 at 12:50 AM |
| Phillips 66 Partners (PSXP) Given News Impact Rating of 0.11
www.americanbankingnews.com - April 27 at 11:46 PM |
| Phillips 66 Partners LP – Value Analysis (NYSE:PSXP) : April 27, 2017
finance.yahoo.com - April 27 at 7:48 PM |
| Phillips 66 Partners LP (PSXP) Ex-Dividend Date Scheduled for ... - Nasdaq
www.nasdaq.com - April 26 at 10:58 PM |
| Phillips 66 Partners LP breached its 50 day moving average in a Bullish Manner : PSXP-US : April 26, 2017
finance.yahoo.com - April 26 at 5:56 PM |
| Phillips 66: Weathering the Storm With Good Fundamentals
finance.yahoo.com - April 26 at 5:56 PM |
| $198.41 Million in Sales Expected for Phillips 66 Partners LP (PSXP) This Quarter
www.americanbankingnews.com - April 26 at 12:38 PM |
 | Ex-Dividend Reminders Include Phillips 66 Partners LP (PSXP)
investorplace.com - April 26 at 6:56 AM |
| East Coast refiners eye Texas oil as North Dakota alternative
finance.yahoo.com - April 25 at 9:33 AM |
| Phillips 66 Partners LP (PSXP) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - April 24 at 10:35 PM |
| Phillips 66 Partners (PSXP) Getting Somewhat Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 24 at 7:48 PM |
| $0.67 EPS Expected for Phillips 66 Partners LP (PSXP) This Quarter
www.americanbankingnews.com - April 24 at 12:45 PM |
| How Are Analysts Rating Phillips 66 before Its 1Q17 Earnings?
finance.yahoo.com - April 21 at 7:10 PM |
| Why Implied Volatility in Phillips 66 Rose before 1Q17 Earnings
finance.yahoo.com - April 21 at 7:10 PM |
| Somewhat Positive Press Coverage Extremely Likely to Impact Phillips 66 Partners (PSXP) Share Price
www.americanbankingnews.com - April 21 at 7:02 PM |
| A Look at Phillips 66 Stock before Its 1Q17 Earnings Release
finance.yahoo.com - April 21 at 8:48 AM |
| Phillips 66’s 1Q17 Earnings: Will It Be a Boring Show?
finance.yahoo.com - April 20 at 7:28 PM |
| Phillips 66 Partners LP (PSXP) Plans Quarterly Dividend of $0.59
www.americanbankingnews.com - April 20 at 6:17 PM |
| Phillips 66 Partners (PSXP) Getting Somewhat Favorable Media Coverage, Report Finds
www.americanbankingnews.com - April 18 at 7:34 PM |
| Phillips 66 Partners (PSXP) Earns Daily News Sentiment Score of 0.23
www.americanbankingnews.com - April 15 at 3:40 PM |
| Phillips 66 Partners LP (PSXP) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - March 30 at 2:02 PM |
| Phillips 66 Partners to Announce First-Quarter Financial Results
finance.yahoo.com - March 23 at 7:48 PM |
 | A Look at Phillips 66’s Institutional Holdings
us.rd.yahoo.com - March 22 at 7:20 PM |
Phillips 66 Partners LP (PSXP) Chart for Tuesday, May, 30, 2017
