PSXP News and Press, Phillips 66 Partners LP representing limited partner interest in the Partnership From 09/08/19

Income-seeking investors have lots of reliable options when it comes to dividend stocks . Because there are so many choices, some excellent ones can get overlooked. Three such companies are sleepy utility PPL   (NYSE: PPL) , Canadian midstream operator Pembina Pipeline (NYSE: PBA)...

A few days ago, I published an article to this site suggesting that midstream master limited partnerships could be a good place for an income and growth investor to park some of their money. My suggestion in that article was a closed-end fund specializing in the sector, the First Trust MLP a...

Phillips 66 Partners LP (NYSE: PSXP) (the “Partnership”), today announced that it has priced $300 million aggregate principal amount of 2.450% unsecured senior notes due 2024 (the “2024 notes”) and $600 million aggregate principal amount of 3.150% unsecured senior ...

By Bryce Bingham Following last week's recap of 2Q19 distributions, today's analysis speaks to the pulse of distributions by examining distribution coverage and payout ratios. How well can MLPs afford their distributions, and how does distribution coverage compare to the past? What are t...

Phillips 66 ( PSX ) has been a quite a ride over the past year, trading from $120 to below $80. Everything from Buffett and Berkshire (BRK.A) (BRK.B) selling to an awful Q1 EPS report has rocked the shares. The stock now sits in the middle of that range. As I mentioned in my last Seeking Alp...

The August MLP Monthly Report can be found here offering insights on MLP industry news, the asset class's performance, yields, valuations, and fundamental drivers. Summary News: 1) Blackstone Group Inc. ([[BX]]) is considering selling its 58% stake in Cheniere Energy Partners ([[CQP]...

Is it weird that I think of an infrastructure construction company every time I hear this Boogie Down Productions classic? Making Me Look Smarter Than I Am The very first stock I wrote about here at Seeking Alpha, back last October, was MasTec ( MTZ ). They are making me look much...

August is starting off on a pretty rough note even after the market received its expected rate cut from the Federal Reserve. With this, there have been suggestions that the S&P 500 could be headed south as major support somewhere lies somewhere between 2600 and 2800. This means that I ex...

By Brian Watson, Senior Portfolio Manager Midstream master limited partnerships (MLPs), as measured by the Alerian MLP Index (AMZ), ended July down 0.9% on a price basis and down 0.3% once distributions were considered. That trailed the S&P 500 Index's 1.4% total return for the month. ...

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...