|Bid||47.43 x 800|
|Ask||54.47 x 800|
|Day's Range||53.77 - 54.61|
|52 Week Range||40.76 - 55.02|
|Beta (3Y Monthly)||0.93|
|PE Ratio (TTM)||12.76|
|Earnings Date||Oct 24, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||3.42 (6.58%)|
|1y Target Est||56.58|
Phillips 66 Partners (PSXP) is expected to grow on the back of its stable fee-based revenue generating prowess and major growth projects.
DALLAS , Aug. 9, 2019 /PRNewswire/ -- Alerian reported, as of June 28, 2019 , total products directly tied to and tracking the Alerian indices was $13.7 billion . Exchange traded funds, exchange traded ...
On CNBC's "Mad Money Lightning Round," Jim Cramer said Dropbox Inc (NASDAQ: DBX ) is doing well, but the stock is doing badly. He added that it would be a steal under $20. Arthur J Gallagher ...
On July 26, Phillips 66 (PSX) stock performed in line with its peers and the equity market. SPY, which represents the S&P 500 Index, rose 0.7%.
NEW YORK, NY / ACCESSWIRE / July 26, 2019 / Phillips 66 Partners LP (NYSE: PSXP ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on July 26, 2019 at 2:00 PM ...
Earnings from midstream segment for Phillips 66, which has both wholly owned and joint venture operations, rose nearly 78% to $423 million in the second quarter ended June 30. The company's refining margin shrank 7.4% to $11.37 per barrel due to a shortage of low-cost heavy crude, but beat Credit Suisse estimates for pretax refining income by 8.5%. Phillips 66 has an edge over its peers as it is running light sweet crude at two of its three refineries in the Gulf Coast, which is short heavy sour barrels, Credit Suisse analyst Manav Gupta said.
U.S. refiner Phillips 66 reported a 4.3% rise in quarterly adjusted profit on Friday as it earned more by shipping crude through its pipelines, which more than offset a fall in refining margins. A surge in output has led oil producers to scramble for takeaway capacities, which has benefited pipeline operators, including Phillips 66, which has both wholly owned and joint venture operations. Refiners in the United States have been struggling to find cheap sources of heavy crude due to factors including Alberta's output cuts, sanctions on Venezuela and Iran as well as the OPEC's pull back on production.
Phillips 66 (NYSE: PSX) and Phillips 66 Partners (PSXP or Partnership) (NYSE: PSXP) today announced execution of a definitive agreement to eliminate all of Phillips 66’s incentive distribution rights (IDRs) and general partner (GP) economic interests in PSXP in exchange for 101 million newly issued PSXP common units. The newly issued PSXP common units have a total equity value of approximately $5.4 billion based on the PSXP common unit closing price of $53.95 on July 25, 2019, or $5.2 billion based on a 30-day volume weighted average price of $51.18.
On Friday, July 26, Phillips 66 (NYSE: PSX ) will release its latest earnings report. Decipher the announcement with Benzinga's help. Earnings and Revenue Phillips 66 earnings will be near $2.74 per share ...
Phillips 66 Partners (PSXP) is well-positioned to increase distributions in the coming quarters on a huge backlog of organic growth midstream projects.
Phillips 66 Partners LP announces that the board of directors of its general partner declared a second-quarter 2019 cash distribution of $0.855 per common unit, an increase of one cent per common unit from the first quarter of 2019.
Threatened flooding from a tropical storm in the U.S. Gulf of Mexico that cut nearly a third of the region's oil production has forced the shutdown of a coastal refinery, pushing oil and gasoline prices higher on Thursday. Phillips 66 said it expected to complete the closing of its 253,600-barrel-per-day (bpd) Alliance, Louisiana, refinery on Thursday after local authorities ordered a mandatory evacuation of the area. Pipeline operator Enbridge evacuated staff from three offshore platforms and halted operations on some deepwater Gulf of Mexico natural gas pipelines.