PSXP News and Press, Phillips 66 Partners LP representing limited partner interest in the Partnership From 12/21/20

Stocks, oil prices and natural gas prices were all up this week, but midstream stocks took a step back and appear to be coasting to the finish line for the year after the rush to re-position over the last few months. With just 8 trading days left, there is still time for things to cha...

Phillips 66 ([[PSX]], [[PSXP]]) unveils a 2021 capital budget at $1.7B, ~43% lower than forecast for the previous year.Phillips 66's 2021 refining capital budget of $776M includes pre-construction engineering and design costs related to plans to reconfigure its San Francisco Refinery in Rodeo...

Midstream was mixed this week, with MLPs closing slightly lower after 4 very strong weeks of positive performance. Even with the pause in performance this week, both the AMZ and the AMNA crossed key technical milestones. PAA was the biggest loser this week, dramatically underperfo...

The energy sector hasn't been too kind to investors in 2020. Several companies large and small have written down the value of their assets, cut dividends, missed interest payments, or flat-out gone bankrupt. Instead of rattling off several energy stocks that are down close to 100%, it's...

The Taxable account generated $1,592.38 of dividends in November of 2020 compared with $1,692.41 of dividends in November of 2019. The Taxable account had a balance of $429,520.65 as of November 30th, 2020, vs. $333,305.38 on November 30th, 2019. The annualized cost basis yield is 4.4...

Phillips 66 posted a third-quarter 2020 loss of $799 million or $1.82 per share. The quarter adjusted loss per share was $0.01 per share. Phillips 66 did pretty well since November 9, when we received the news of the vaccine. It is the signal that many investors were waiting for. ...

Out of the 39 dividend-paying constituents in Alerian's broadest midstream index, AMNA, 33 companies maintained payouts, 3 cut, and 3 grew sequentially. Multiple names have provided 2021 dividend/distribution guidance and are anticipating flat or increasing payouts. Although some ...

The Taxable account generated $1,187.25 of dividends in October of 2020 compared with $1,049.10 of dividends in October of 2019. The Taxable account had a balance of $382,735.78 as of October 30th, 2020, vs. $463,054.08 on October 30th, 2019. The annualized cost basis yield is 4.58%. ...

A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Challenger Highlights: Week Of November 8

Phillips 66 posted a break-even Q3 with a loss of a penny a share. Midstream, chemicals, and M&S propped up the refining segment, which remains in a state of depression. While the results show the benefits of management strategy to diversify away from refining, the company sti...