PSXP News and Press, Phillips 66 Partners LP representing limited partner interest in the Partnership From 10/14/20

I bought units of PSXP for tax-advantaged MLP income and what appeared to be an excellent dividend growth platform. The income came as expected, and the growth came as expected, but the depreciation of the unit price has been, well, a disaster. That said, the dividend was not cut ...

The taxable account generated $1,169.58 of dividends in September of 2020 compared with $1,699.18 of dividends in September of 2019. The taxable account had a balance of $384,080.02 as of September 30th, 2020, vs. $461,950.86 on September 30th, 2019. The annualized cost basis yield is...

MLPs followed up last week's modest bounce with a huge week in a risk-on surge for equity markets, commodity markets and everything else this week. MLPs led the way for a second straight week, beating the AMNA by nearly 300 basis points. Oil prices, natural gas prices, and the sto...

The stock market broke its losing streak, and MLPs and U.S. midstream came along for the ride this week, bouncing slightly after a rough week, month, quarter and year. The broader midstream index dropped double digits as well in September, bad enough to be the second worst September o...

Insider buying decreased last week. Notable Insider Buys: Continental Resources, Inc., Douglas Emmett, Inc., PBF Energy Inc., Phillips 66 Partners LP, Steelcase Inc. Notable Insider Sells: salesforce.com, inc., BeiGene, Ltd., Paycom Software, Inc., Morningstar, Inc., RealPage, Inc...

These dividend dog 10%+Yield at $5-25 prices are all sourced from YCharts which allows a dividend yield to persist for 365 days after the most recent report if a dividend is cut. Analyst top-ten target net-gain estimates for top ten bargain basement dogs 9/24/20 ranged 68.3%-173.8% fr...

Midstream stocks bounced back early in the week after two rough weeks. As the market rolled over later in the week, midstream and MLPs were dragged back down. U.S. midstream corporations traded better than MLPs. Midstream finished positive overall, besting utilities and the S&...

The introduction to this article is a little different but does involve one of the stocks held in the Taxable Account - Simon Property Group ( SPG ). It was announced that the behemoth REIT is exercising its financial flexibility, along with Brookfield Property Partners ( BPY ), to purchase J...

With the market taking a very well-publicized breather this week, midstream followed the market and oil prices lower. MLPs were down each day this week and finished down 4.7%. Broader midstream (AMNA) held up slightly better. It was a week to forget ahead of a short week where at least we can ...

Phillips 66 Partners ( PSXP +1.4% ) says Gray Oak Pipeline will launch an open season starting Sept. 1 to solicit shipper commitments for long-term crude oil transportation service from west Texas. More news on: Phillips 66 Partners LP, Phillips 66, Energy stocks news, Stocks on the ...