PSXP News and Press, Phillips 66 Partners LP representing limited partner interest in the Partnership From 10/29/21

Phillips 66 Partners (NYSE:PSXP): Q3 GAAP EPS of $1.00 beats by $0.03. Revenue of $452M (+14.7% Y/Y) beats by $30.43M. Press Release Cash from operations was $338M, and distributable cash flow was $268M. Adjusted EBITDA was $367M in the third quarter, compared with $337M in the prior quarter....

Third-quarter earnings of $242 million and adjusted EBITDA of $367 million Recently entered into agreement for Phillips 66 to acquire all publicly held units Phillips 66 Partners LP (NYSE: PSXP) announces third-quarter 2021 earnings of $242 million, or $1.00 per diluted ...

Phillips 66 Partners (NYSE:PSXP) is scheduled to announce Q3 earnings results on Friday, October 29th, before market open. The consensus EPS Estimate is $0.94 (+10.6% Y/Y) and the consensus Revenue Estimate is $421.57M (+7.0% Y/Y). Over the last 3 months, EPS estimates have seen 2 upward revi...

Phillips 66 Partners (NYSE: PSXP) is canceling its webcast scheduled for 2 p.m. EDT on Friday, Oct. 29, to discuss its third-quarter 2021 financial results. The Partnership will release its third-quarter 2021 financial results on Oct. 29, 2021. About Phillips 66 Partners Headq...

All-stock transaction at a fixed exchange ratio of 0.50 PSX shares for each PSXP common unit Simplifies governance and corporate structure Transaction expected to close in the first quarter of 2022 Phillips 66 (NYSE: PSX) and Phillips 66 Partners (“PSXP”...

Phillips 66 posted a better-than-expected second-quarter 2021 income of $296 million or $0.66 per share. The Alliance refinery in the suburb of Belle Chasse, Louisiana, suffered extensive damages from Hurricane Ida. I recommend buying PSX below $65. For further details ...

A number of factors contribute to the gasoline price posted at your local corner store, but the primary determinate is the price of oil. Demand trends, quality specifications that change seasonally, and refinery outages are examples of some of the items that can also impact gasoline p...

First, I analyze the possible catalysts of midstream Oil and Gas companies. Then I pick the most stable mid-cap players in this industry based on BCG metrics. After the screening and cross-sectional analysis, I've constructed a portfolio of Top-7 companies in the sample based on t...

The high distribution yield of Phillips 66 Partners would almost certainly be their most appealing aspect but sadly this remains vulnerable to a reduction. The core issue stems from their distributions being too big versus their operating cash flow, which creates a burden and thus kee...

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 August 8