PSXP News and Press, Phillips 66 Partners LP representing limited partner interest in the Partnership From 04/09/21

Gainers: Riley Exploration Permian (REPX) +50%, NCS Multistage Holdings (NCSM) +27%, China Green Agriculture (CGA) +24%, Phillips 66 Partners (PSXP) +7%, Gulf Resources (GURE) +7%.Losers: WD-40 Company (WDFC) -14%, Alto Ingredients (ALTO) -9%, ...

Phillips 66 Partners LP (NYSE: PSXP) is providing guidance on results of operations for the first quarter of 2021 to reflect the Partnership’s decision to exit the Liberty Pipeline project and the effects of recent winter storms on asset utilization and utility costs. The Par...

Dividend growth stocks as a group have crushed the market over time. In the current low-interest rate environment, most dividend growth stocks have low yields. Today we present five stocks that combine meaningful dividend growth streaks with extremely attractive yields and signifi...

The management of Energy Transfer believes that the DAPL pipeline will continue to operate. Partner Phillips 66 Partners LP management feels there is a significant chance of a shutdown of unknown length and permanence. Hess Midstream and Hess, for example, have alternatives to usi...

MLPs complicate the income tax requirements for IRAs. An IRA is required to report and pay Unrelated Business Income Tax (UBIT) if its MLP holdings earn a certain level of unrelated business taxable income. In what follows, we provide a primer on UBIT and its tax implications for ...

The annual financial comparisons were decent given the challenging year. The acquisition may divert attention and resources from more pressing issues. Fiscal year 2021 adjusted EBITDA should be flat to slightly higher than the EBTIDA for this fiscal year. There's a lot of pref...

Financial strength is excellent. The distribution coverage ratio is decent. DAPL issues are holding back the common units and making an investment in the common units is unadvisable at the current time. Mr. Market thinks that a pipeline shutdown is likely.  Management of ...

The Taxable account generated $1,470.14 of dividends in February of 2021 compared with $1,641.99 of dividends in February of 2020. The Taxable account had a balance of $466,994.14 as of February 28, 2021, vs. $401,835.85 on February 28, 2020. The annualized cost basis yield is 4....

Here is a new article with unknown short candidates. I find these stocks by ranking them on valuation metrics, momentum and trading volume. My impression is such stocks are declining but without many investors speculating on catalysts for the stock to decline. So no crowded shorts. ...

Saudi Arabia's decision to keep its voluntary 1 million bpd cut, combined with OPEC's decisions to stand pat on production, has greatly improved the outlook for PSX. Combined with excellent progress on the vaccines and expanding chemical margins, the 2H recovery I was expecting for PS...