PSXP News and Press, Phillips 66 Partners LP representing limited partner interest in the Partnership From 07/26/19

Highlights Achieved record earnings of $233 million and adjusted EBITDA of $319 million Increased quarterly distribution to $0.855 per common unit Announced elimination of incentive distribution rights Secured $1.3 billion project financing for Gray Oak Pipeline Comp...

Reinforces Phillips 66 Partners as a premier MLP Permanently reduces cost of capital Aligns Phillips 66 and public unitholders economic interests Phillips 66 (NYSE: PSX ) and Phillips 66 Partners (PSXP or Partnership) (NYSE: PSXP ) today announced execution of a definitive ...

Introduction I'm a huge fan of dividend growth stocks and hope you are too. If you do, you are in the right place! I've compiled a list of stocks that are increasing their dividends next week. This gives investors an opportunity to start or add to a position to capture an upcoming payment. T...

I like monitoring dividend increases for stocks on my watch list of dividend growth stocks because I consider such stocks to be candidates for further analysis. Companies that regularly raise dividends show confidence in the potential growth of future earnings. I look for dividend increase a...

Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here . However, since this list is only produced once per month, the data in it can quickly get out of date. Fu...

Introduction Assumptions can be a useful tool when trying to examine the impact of a hypothetical scenario, especially when investing. For instance, it would be necessary to use assumptions when forecasting expected dividend income. When I perform a task like this, I like to establish a rang...

In a recent article, I ranked the Dividend Aristocrats using a modified version of David Van Knapp 's quality scoring system . The system employs five widely used quality indicators from independent sources and assigns 0-5 points to each quality indicator, for a maximum of 25 points. Whi...

MLPs finished positive for the week, making it three straight positive weeks for MLPs to close out strong month of returns helped by a bounce back in oil prices and broad equity markets. Utilities were soft this week, and came in with first half returns below midstream and below the S&P 50...

Phillips 66 Partners ( PSXP ) looks all set to post higher levels of earnings and distributable cash flows led by significant growth in pipeline and terminal volumes in the coming quarters. The Houston, Texas-based master limited partnership will likely continue growing distributions while m...

Midstream overall had a strong week, keeping pace with the S&P 500 as it reached fresh all-time highs Thursday after the Fed's commentary was seen as bullish on expectations of a 2019 rate cut. MLPs underperformed after strong relative gains last week. Oil found a bottom and bounced hard...