PSXP News and Press, Phillips 66 Partners LP representing limited partner interest in the Partnership From 01/29/21

Phillips 66 Partners (PSXP) Q4 2020 Earnings Conference Call January 29, 2021 2:00 PM ET Executives Jeff Dietert – Vice President, Investor Relations Kevin Mitchell – Vice President and Chief Financial Officer Casey Gorder – General Manager, Operations Tim Roberts –...

Phillips 66 Partners (PSXP): Q4 EPS of $0.40 may not be comparable to consensus of $0.87.Press Release For further details see: Phillips 66 Partners EPS of $0.40

Fourth Quarter Reported earnings of $104 million and adjusted EBITDA of $318 million Announced quarterly distribution of $0.875 per common unit Commissioned second dock and additional storage at South Texas Gateway Terminal Announced 2021 capital budget of $0.3 bil...

Phillips 66 Partners (NYSE:PSXP) is scheduled to announce Q4 earnings results on Friday, January 29th, before market open.The consensus EPS Estimate is $0.87 and the consensus Revenue Estimate is $390.12M (-9.7% Y/Y).Adjusted EBITDA estimate of $312.5M.Over the last 1 year, PSXP has beat...

One year ago today, PSX was trading at over $100/share and the outlook for dividend growth was excellent. Then came the pandemic, the resultant drastic demand destruction for refined products like gasoline and jet-fuel. That drastically destructed PSX's stock price too. Friday, PS...

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 January 24

The Taxable account generated $1,299.68 of dividends in December of 2020 compared with $1,263.45 of dividends in December of 2019. The Taxable account had a balance of $443,698.85 as of December 31st, 2020, vs. $342,700.49 on December 31st, 2019. The annualized cost basis yield is 4.2...

Previously unlikely, Democrat control of Congress assuredly means higher taxes are coming. Corporate tax rates are going up as well as taxes on dividends for high income individuals under the prospective Biden plan. MLPs, small enough to fly under the radar, likely represent a gre...

Phillips 66 Partners has released guidance for 2021 with their capital expenditure decreasing significantly. This will help rectify their one weak point, being their historically very weak distribution coverage. Unfortunately, their distributions will remain risky, because at best...

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...