PSXP News and Press, Phillips 66 Partners LP representing limited partner interest in the Partnership From 04/22/19

Energy Transfer LP (NYSE: ET) and Phillips 66 Partners LP (NYSE: PSXP) today announced that Bayou Bridge Pipeline, LLC (“Bayou Bridge”), a joint venture owned by subsidiaries of Energy Transfer and Phillips 66 Partners, launched a non-binding expansion open season to solicit ...

MLPs and midstream corporations underperformed the market this week. Midstream stocks traded down each of the four trading days in what was the worst week for the AMNA and AMZ in more than two months. AMNA's YTD returns are still well ahead of the market overall, but the S&P 500 has caught...

One way to identify dividend growth stocks for further analysis is to monitor dividend increases. Companies can only raise their dividends regularly and sustainably if they grow earnings sufficiently. The CCC List provides a good starting point, but I limit the number of stocks to monitor ...

Looking for more cash flow in May? "Don't worry, be happy." There are waves of high-yield cash payouts coming your way next month. May is the second month in the Feb/May/Aug/Nov. pay cycle for a lot of the companies that we cover in our articles. Nine out of 10 of these companies are in th...

Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a first-quarter 2019 cash distribution of $0.845 per common unit, an increase of one cent per common unit from the fourth quarter of 2018. This is the twenty-second consecutive quarterl...

Is it just me, or does everybody love Tax Season? I can think nothing I love more than searching for useless pieces of paper that help the government interpret how much money I owe. Nonetheless, taxes are a necessary evil and I'll consider it a reasonable price for the privilege of living in...

The InfraCap MLP ETF (AMZA) holds some of the top midstream companies in North America in its portfolio, nine of which were analyzed in my previous articles on AMZA. In this article, we will dive even deeper into AMZA's holdings, now covering EnLink ( ENLC ), since it was the ninth to tent...

The InfraCap MLP ETF ( AMZA ) holds some of the top midstream companies in North America in its portfolio, eight of which were analyzed in my previous articles on AMZA. In this article, we will go further in-depth on AMZA's holdings, particularly as it relates to Phillips 66 ( PSXP ), sinc...

Stock prices across midstream were little changed again this week, with U.S. corporations trading slightly better than MLPs and Canadian corporations. The S&P 500 beat Midstream and utilities, and Lyft (LYFT) is now a public company. Oil prices oscillated around the $60/bbl figure througho...

Introduction A major goal of this series on sectors is to illustrate the reality that it is a market of stocks rather than a stock market. With this article I am technically covering the Industrial Services Sector. However, all the research candidates I will be presenting come from the Oil...