PSXP News and Press, Phillips 66 Partners LP representing limited partner interest in the Partnership From 03/19/20

By Stacey Morris With MLP index yields at all-time highs, several management teams are utilizing this downturn as a buying opportunity, reflecting confidence in their underlying businesses. Today's short post details recent insider purchases across midstream. Despite the fee-based nature...

Phillips 66 Partners (NYSE: PSXP) has changed the date of its conference call to discuss first-quarter earnings due to a change in scheduling. The conference call webcast will now be held on Friday, May 1 at 2 p.m. EDT. At that time, the partnership’s executive management will discuss ...

The following slide deck was published by Phillips 66 Partners LP in conjunction with this Read more ...

The market's been unkind to oil producers such as  ConocoPhillips  (NYSE: COP)  thanks to the collapse in oil prices. In fact, Conoco's stock has fallen so far that dividend investors might be tempted by its current 4.4% yield. Watch out, though. The last time oil prices were th...

Sometimes it can be difficult to really understand the popularity of certain companies, especially when you don't partake in the services they provide. My fiancé recently gave me a better understanding of The Walt Disney Company ( DIS ) and I am not talking about their financials. The pop...

The S&P 500 energy sector ( XLE -10.7% ) is today's worst performer, bringing its week-to-date losses to 29% and year-to-date losses above 50%. More news on: Energy Select Sector SPDR ETF, Marathon Petroleum Corporation, Plains All American Pipeline, L.P., Energy stocks news, Stocks ...

Trying to call a bottom to the current energy and coronavirus-driven market sell-off is a fool’s errand. Nobody knows. It could end soon or it could be long and drawn out. However, it’s okay to be a bit opportunistic during the current market sell-off, so long as it is consistent...

Shares of  refining company   Phillips 66  (NYSE: PSX) tumbled 18.1% in February, according to data provided by  S&P Global Market Intelligence . The main issue weighing on the stock was the COVID-19 outbreak, which is starting to sap demand for oil. That mor...

Phillips 66 Partners   (NYSE: PSXP)  has done an excellent job creating value for investors since its creation in 2013. The master limited partnership ( MLP ) has grown its distribution to investors for 25 consecutive quarters, which has helped push its yield up to an attractiv...

Stocks of all types were negative this short week (even utilities, barely), so despite a rally in commodity prices and a further drop in interest rates, midstream stocks were negative. MLPs were down for a 4th week in the last 5 weeks and were again the worst performing group in midstream. I...