NYSE:PSXP

Phillips 66 Partners Stock Forecast, Price & News

$36.53
-1.27 (-3.36 %)
(As of 07/30/2021 12:00 AM ET)
Add
Compare
Today's Range
$36.35
$37.70
50-Day Range
$36.10
$41.51
52-Week Range
$21.28
$42.17
Volume370,427 shs
Average Volume474,390 shs
Market Capitalization$8.34 billion
P/E Ratio16.83
Dividend Yield9.26%
Beta1.2
30 days | 90 days | 365 days | Advanced Chart
Receive PSXP News and Ratings via Email

Sign-up to receive the latest news and ratings for Phillips 66 Partners and its competitors with MarketBeat's FREE daily newsletter.


Phillips 66 Partners logo

About Phillips 66 Partners

Phillips 66 Partners LP owns, operates, develops, and acquires midstream assets. It offers transportation, terminaling, processing, stevedoring, storage, and fractionation of crude oil, refined petroleum products, and natural gas liquids. The company was founded in 2013 and is headquartered in Houston, Texas. Phillips 66 Partners LP is a subsidiary of Phillips 66 Project Development Inc.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.95 out of 5 stars

Oils/Energy Sector

97th out of 237 stocks

Pipelines, Except Natural Gas Industry

6th out of 9 stocks

Analyst Opinion: 1.2Community Rank: 4.4Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Phillips 66 Partners (NYSE:PSXP) Frequently Asked Questions

Is Phillips 66 Partners a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Phillips 66 Partners in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Phillips 66 Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSXP, but not buy additional shares or sell existing shares.
View analyst ratings for Phillips 66 Partners
or view top-rated stocks.

What stocks does MarketBeat like better than Phillips 66 Partners?

Wall Street analysts have given Phillips 66 Partners a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Phillips 66 Partners wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Phillips 66 Partners?

Phillips 66 Partners saw a drop in short interest in June. As of June 30th, there was short interest totaling 3,880,000 shares, a drop of 24.5% from the June 15th total of 5,140,000 shares. Based on an average trading volume of 684,600 shares, the short-interest ratio is presently 5.7 days. Approximately 7.1% of the company's stock are short sold.
View Phillips 66 Partners' Short Interest
.

When is Phillips 66 Partners' next earnings date?

Phillips 66 Partners is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Phillips 66 Partners
.

How can I listen to Phillips 66 Partners' earnings call?

Phillips 66 Partners will be holding an earnings conference call on Tuesday, August 3rd at 2:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Phillips 66 Partners' earnings last quarter?

Phillips 66 Partners LP (NYSE:PSXP) announced its earnings results on Thursday, April, 29th. The oil and gas company reported $0.74 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.78 by $0.04. The oil and gas company earned $376 million during the quarter, compared to the consensus estimate of $394.24 million. Phillips 66 Partners had a net margin of 34.40% and a trailing twelve-month return on equity of 35.03%. The company's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.93 EPS.
View Phillips 66 Partners' earnings history
.

How has Phillips 66 Partners' stock been impacted by COVID-19 (Coronavirus)?

Phillips 66 Partners' stock was trading at $40.18 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PSXP shares have decreased by 9.1% and is now trading at $36.53.
View which stocks have been most impacted by COVID-19
.

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 21st. Shareholders of record on Friday, July 30th will be given a dividend of $0.875 per share on Friday, August 13th. This represents a $3.50 dividend on an annualized basis and a yield of 9.58%. The ex-dividend date is Thursday, July 29th.
View Phillips 66 Partners' dividend history
.

Is Phillips 66 Partners a good dividend stock?

Phillips 66 Partners pays an annual dividend of $3.50 per share and currently has a dividend yield of 9.26%. PSXP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Phillips 66 Partners does not yet have a strong track record of dividend growth. The dividend payout ratio of Phillips 66 Partners is 97.77%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Phillips 66 Partners will have a dividend payout ratio of 85.57% in the coming year. This indicates that Phillips 66 Partners may not be able to sustain their current dividend.
View Phillips 66 Partners' dividend history.

What price target have analysts set for PSXP?

8 equities research analysts have issued 1 year price objectives for Phillips 66 Partners' shares. Their forecasts range from $27.00 to $41.00. On average, they expect Phillips 66 Partners' stock price to reach $34.57 in the next year. This suggests that the stock has a possible downside of 5.4%.
View analysts' price targets for Phillips 66 Partners
or view top-rated stocks among Wall Street analysts.

Who are Phillips 66 Partners' key executives?

Phillips 66 Partners' management team includes the following people:
  • Mr. Greg C. Garland, Chairman & CEO of Phillips 66 Partners GP LLC (Age 64)
  • Mr. Kevin J. Mitchell, VP, CFO & Director of Phillips 66 Partners GP LLC (Age 55)
  • Mr. Timothy D. Roberts, VP, COO & Director of Phillips 66 Partners GP LLC (Age 59)
  • Ms. Paula Ann Johnson, VP, Gen. Counsel, Sec. & Director of Phillips 66 Partners GP LLC (Age 58)
  • Mr. Robert A. Herman, VP & Director of Phillips 66 Partners GP LLC (Age 62)
  • Mr. Chukwuemeka A. Oyolu, VP & Controller of Phillips 66 Partners GP LLC (Age 52)

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), Enterprise Products Partners (EPD), Phillips 66 (PSX), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Pfizer (PFE), Energy Transfer (ET), Verizon Communications (VZ), Wells Fargo & Company (WFC) and Intel (INTC).

What is Phillips 66 Partners' stock symbol?

Phillips 66 Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSXP."

Who are Phillips 66 Partners' major shareholders?

Phillips 66 Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include Chickasaw Capital Management LLC (0.78%), Spirit of America Management Corp NY (0.08%), Arkfeld Wealth Strategies L.L.C. (0.07%), Eagle Global Advisors LLC (0.05%), Cutler Group LP (0.00%) and MAI Capital Management (0.00%). Company insiders that own Phillips 66 Partners stock include 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 Chickasaw Capital Management LLC, MAI Capital Management, and Spirit of America Management Corp NY.
View insider buying and selling activity for Phillips 66 Partners
or view top insider-selling stocks.

Which major investors are buying Phillips 66 Partners stock?

PSXP stock was purchased by a variety of institutional investors in the last quarter, including Eagle Global Advisors LLC, Cutler Group LP, IFP Advisors Inc, Clean Yield Group, Arkfeld Wealth Strategies L.L.C., Clear Street Markets LLC, and Harbor Investment Advisory LLC. Company insiders that have bought Phillips 66 Partners stock in the last two years include Mark Haney, and Phillip David Bairrington.
View insider buying and selling activity for Phillips 66 Partners
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Phillips 66 Partners' stock price today?

One share of PSXP stock can currently be purchased for approximately $36.53.

How much money does Phillips 66 Partners make?

Phillips 66 Partners has a market capitalization of $8.34 billion and generates $1.62 billion in revenue each year. The oil and gas company earns $791 million in net income (profit) each year or $3.58 on an earnings per share basis.

What is Phillips 66 Partners' official website?

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

Where are Phillips 66 Partners' headquarters?

Phillips 66 Partners is headquartered at 2331 CityWest Blvd., Houston TX, 77042.

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]


This page was last updated on 7/31/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.