PSXP - Phillips 66 Partners LP

NYSE - Nasdaq Real Time Price. Currency in USD
52.13
+0.73 (+1.42%)
As of 1:34PM EDT. Market open.
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Previous Close51.40
Open51.45
Bid52.16 x 800
Ask52.18 x 800
Day's Range51.53 - 52.21
52 Week Range40.76 - 55.02
Volume137,078
Avg. Volume275,669
Market Cap6.508B
Beta (3Y Monthly)0.93
PE Ratio (TTM)12.85
EPS (TTM)4.06
Earnings DateJul 26, 2019
Forward Dividend & Yield3.42 (6.65%)
Ex-Dividend Date2019-07-30
1y Target Est55.88
Trade prices are not sourced from all markets
  • Phillips 66 Partners Cheers Unitholders With Distribution Hike
    Zacksyesterday

    Phillips 66 Partners Cheers Unitholders With Distribution Hike

    Phillips 66 Partners (PSXP) is well-positioned to increase distributions in the coming quarters on a huge backlog of organic growth midstream projects.

  • Business Wire2 days ago

    Phillips 66 Partners Increases Quarterly Cash Distribution

    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.

  • Reuters8 days ago

    UPDATE 2-Intensifying storm shuts U.S. coastal refinery, adding to energy production losses

    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.

  • Why Phillips 66’s Stock Popped 15% in June
    Motley Fool17 days ago

    Why Phillips 66’s Stock Popped 15% in June

    The refining giant enjoyed a bounce-back month.

  • 3 Under-the-Radar but Amazing Dividend Stocks
    Motley Fool25 days ago

    3 Under-the-Radar but Amazing Dividend Stocks

    Sometimes the best income stocks are the ones that go unnoticed.

  • These 2 Energy Giants Are Teaming Up to Make a $15 Billion Bet on Plastics
    Motley Fool26 days ago

    These 2 Energy Giants Are Teaming Up to Make a $15 Billion Bet on Plastics

    Chevron and Phillips 66 are quietly building a petrochemicals giant.

  • This Refining Giant Joins a Race to Solve America’s $100 Million a Day Oil Problem
    Motley Fool27 days ago

    This Refining Giant Joins a Race to Solve America’s $100 Million a Day Oil Problem

    Phillips 66 is the latest in a long list of companies trying to build an oil export terminal along the U.S. Gulf Coast.

  • Business Wire28 days ago

    Phillips 66 Partners to Announce Second-Quarter Financial Results

    Phillips 66 Partners executive management will host a conference call webcast at 2 p.m. EDT on Friday, July 26, to discuss the partnership’s second-quarter 2019 financial results, which will be released earlier that day, and provide an update on strategic initiatives.

  • Phillips 66 supports further expansion of Dakota Access Pipeline
    American City Business Journalslast month

    Phillips 66 supports further expansion of Dakota Access Pipeline

    The top executive at Houston-based Phillips 66 (NYSE: PSX) sees opportunities to expand his company’s existing pipeline infrastructure. Phillips 66 is one of the joint venture owners behind the Dakota Access Pipeline, which pulls crude oil out of the Bakken shale and sends it south toward coastal refining and export centers. Greg Garland, CEO and chairman of Phillips 66, said that pipeline has been running at capacity, and he thinks it could expand further.

  • Phillips 66 Seeks Texas Terminal Project as Oil Exports Grow
    Bloomberglast month

    Phillips 66 Seeks Texas Terminal Project as Oil Exports Grow

    (Bloomberg) -- Phillips 66 is looking to build an offshore export terminal in the Gulf of Mexico, a project that would join a growing list of facilities being planned to handle the growing shipments of U.S. shale oil.The proposed deepwater port would be located about 21 nautical miles off the Texas coast, near the Port of Corpus Christi, the company said Wednesday in a statement. Phillips 66, the largest U.S. refining company by market value, would construct two parallel pipelines to carry crude to the facility’s two floating jetties, known as single-point mooring buoys, according to people familiar with the matter, who asked not to be named because the plan hasn’t been announced.Any offshore terminal would require approval from the U.S. Coast Guard and the U.S. Department of Transportation’s Maritime Administration.The proposed project “would provide an additional safe and environmentally sustainable solution for the export of abundant domestic crude oil supplies from major shale basins to global markets,” Dennis Nuss, a spokesman, said in an emailed statement.Phillips is already a partner in a venture to develop a deepwater marine terminal in Ingleside, Texas. Going ahead with an offshore project as well would put the company in direct competition with commodity trading house Trafigura Group Ltd., which is developing its own terminal in the Gulf of Mexico. That proposal has faced opposition from the Port of Corpus Christi, which along with The Carlyle Group is developing an onshore export terminal. (Updates with comment from company beginning in second paragraph.)\--With assistance from Sheela Tobben.To contact the reporters on this story: Rachel Adams-Heard in Houston at radamsheard@bloomberg.net;David Wethe in Houston at dwethe@bloomberg.netTo contact the editors responsible for this story: Simon Casey at scasey4@bloomberg.net, Christine BuurmaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Rigzone.comlast month

    Phillips 66 Considering Texas Terminal Project

    Phillips 66 is weighing whether to build an offshore export terminal in the Gulf of Mexico, a project that would join a growing list of facilities being planned to handle growing shipments of U.S. shale oil.

  • Barrons.comlast month

    As the Price of Gas Tumbles, Even California Is Getting a Break

    Gas Buddy, a service that tracks gas prices around the country and guides consumers to cheap gas, expects prices—already 6% lower than a year ago—to continue to drop.

  • These 2 High-Yield Stocks Are Adding More Fuel to Their Dividend Growth Engines
    Motley Foollast month

    These 2 High-Yield Stocks Are Adding More Fuel to Their Dividend Growth Engines

    Phillips 66 and Plains All American Pipelines are greenlighting new oil pipeline projects.

  • Phillips 66’s Dividend Yield Rose to 4.2%
    Market Realistlast month

    Phillips 66’s Dividend Yield Rose to 4.2%

    Refiners’ Dividend Yields Rise, Stocks Fall(Continued from Prior Part)Phillips 66’s dividend yieldPhillips 66 (PSX) has a current dividend yield of 4.2%, which is better HollyFrontier (HFC) and Delek US Holdings (DK). HollyFrontier and Delek US

  • Rigzone.comlast month

    Phillips 66 JVs to Tackle Projects Worth $4B+

    Phillips 66 has formed two 50/50 joint ventures which will tackle projects worth over $4 billion.

  • Oil & Gas Refining & Marketing MLP Industry: An Investment Opportunity
    Zackslast month

    Oil & Gas Refining & Marketing MLP Industry: An Investment Opportunity

    Oil & Gas Refining & Marketing MLP Industry: An Investment Opportunity

  • Why Refining Stocks Got Pummeled in May
    Motley Foollast month

    Why Refining Stocks Got Pummeled in May

    May was an ugly month for the country’s leading independent refiners.

  • GuruFocus.com2 months ago

    Weekly Top Insider Buys Highlight for the Week of May 31

    The largest Insider Buys this week were for Medtronic PLC (MDT), General Electric Co. (GE), Keurig Dr Pepper Inc. (KDP) and Phillips 66 (PSX). Director Richard H. Anderson bought 10,900 shares of MDT stock on May 24 at the average price of $92.4. Warning! GuruFocus has detected 5 Warning Signs with MDT.

  • Why Is Phillips 66 Partners LP (PSXP) Down 2.3% Since Last Earnings Report?
    Zacks2 months ago

    Why Is Phillips 66 Partners LP (PSXP) Down 2.3% Since Last Earnings Report?

    Phillips 66 Partners LP (PSXP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of PSXP earnings conference call or presentation 30-Apr-19 6:00pm GMT

    Q1 2019 Phillips 66 Partners LP Earnings Call

  • Why Does Phillips 66 Trade at a Higher Valuation?
    Market Realist2 months ago

    Why Does Phillips 66 Trade at a Higher Valuation?

    Phillips 66 Stock Has Fallen 11% in Q2(Continued from Prior Part)Phillips 66’s valuationsPhillips 66 trades at a forward PE ratio of 9.9x, which is above its peer average of 9.3x. Valero Energy (VLO) and PBF Energy (PBF) also trade above the peer

  • Phillips 66: Higher Implied Gains and Dividend Yield
    Market Realist2 months ago

    Phillips 66: Higher Implied Gains and Dividend Yield

    Which Refining Stocks Could Post More Gains?(Continued from Prior Part)Phillips 66’s implied gainsIn this part, we’ll discuss Phillips 66’s (PSX) implied gains. Phillips 66 is the second-highest refiner among the six refining stocks.

  • Phillips 66: Analyzing the Short Interest
    Market Realist2 months ago

    Phillips 66: Analyzing the Short Interest

    Phillips 66 Stock Has Fallen 11% in Q2(Continued from Prior Part)Short interest in Phillips 66The short interest in Phillips 66 (PSX) has risen from 1.1% on February 14 to the current level of 1.5%. Usually, everything else being equal, an increase

  • Did Top Institutional Holders Buy Phillips 66 Stock in Q1?
    Market Realist2 months ago

    Did Top Institutional Holders Buy Phillips 66 Stock in Q1?

    Phillips 66 Stock Has Fallen 11% in Q2(Continued from Prior Part)Institutional holding in Phillips 66In the previous quarter, Phillips 66 (PSX) stock rose due to better-than-expected earnings and a stronger equity market. Now, we’ll discuss

  • Has Phillips 66’s Dividend Yield Increased?
    Market Realist2 months ago

    Has Phillips 66’s Dividend Yield Increased?

    Phillips 66 Stock Has Fallen 11% in Q2(Continued from Prior Part)Phillips 66’s dividend per sharePhillips 66’s (PSX) dividend payments have risen in the past few years. In the current quarter, the company will pay a dividend of $0.9 per share on