PSXP News and Press, Phillips 66 Partners LP representing limited partner interest in the Partnership From 02/03/20

Source: The Street/Bloomberg Investment Thesis Houston, Texas-based Phillips 66 ( PSX ) is one of the world's largest downstream oil corporations in this "refiners" segment. It is a distinct group within the oil industry, which sometimes is not acting totally in correlation with the rest...

Phillips 66 Partners   (NYSE: PSXP) has shifted its strategy over the past few years from acquiring assets from its parent  Phillips 66   (NYSE: PSX) to developing organic expansion projects. That pivot is paying off, which was evident in the company's fourth-quarter res...

This article is timely for multiple reasons. To start, the Master Limited Partnership ("MLP") will be releasing earnings next week and just announced another distribution increase . For the second item, the stock's activity during the last 12 months warrants decision marking. We need to eva...

The fourth quarter was a tough one for the  refining sector  as market conditions deteriorated due to concerns about falling demand. That softness, along with some maintenance activities, weighed on  Phillip 66 's (NYSE: PSX) financial results during the period. Howe...

Image source: The Motley Fool. Phillips 66 Partners LP   (NYSE: PSXP) Q4 2019 Earnings Call Jan 31, 2020 , 2:00 p.m. ET Operator Continue reading

Phillips 66 Partners LP (PSXP) Q4 2019 Earnings Conference Call January 31, 2020 02:00 PM ET Company Participants Jeffrey Dietert - Vice President of Investor Relations Kevin Mitchell - Vice President and Chief Financial Officer Rosy Zuklic - Vice President and Chief Operating Of...

Tailwinds due to seasonal tendencies finally abated this week. Last week, I mentioned the blame for a sell-off could fall at the feet of the coronavirus, or an impeachment surprise, or trade worry. It appears the dubious winner of that contest is the coronavirus. We shouldn't ignore th...

The following slide deck was published by Phillips 66 Partners LP in conjunction with their 2019 Q4 earnings Read more ...

Highlights Fourth Quarter - Achieved record earnings of $255 million and adjusted EBITDA of $345 million - Increased quarterly distribution to $0.875 per common unit - Commenced initial operations on the Gray Oak Pipeline Full-Year 2019 - Reported record earnings of...

I monitor dividend increase announcements for stocks in the Dividend Champions List [CCC list] . The CCC list is separated into three categories based on how long companies have maintained their streak of annually increasing dividends: Champions (25+ years), Contenders (10- 24 years), and C...