PSXP News and Press, Phillips 66 Partners LP representing limited partner interest in the Partnership From 01/28/22

Fourth-quarter earnings of $286 million and adjusted EBITDA of $400 million Reached agreement for Phillips 66 to acquire all publicly held units Phillips 66 Partners LP (NYSE: PSXP) announces fourth-quarter 2021 earnings of $286 million, or $1.19 per diluted common unit....

Shares of Phillips 66 Partners LP representing limited partner interest in the Partnership (NYSE:PSXP) traded today at $44.96, eclipsing its 52-week high. So far today approximately 148,000 shares have been exchanged, as compared to an average 30-day volume of 761,000 shares. In the past...

Shares of Phillips 66 Partners LP representing limited partner interest in the Partnership (NYSE:PSXP) traded today at $43.93, eclipsing its 52-week high. This new high was reached on below average trading volume as 91,000 shares traded hands, while the average 30-day volume is approximat...

Shares of Phillips 66 Partners LP representing limited partner interest in the Partnership (NYSE:PSXP) traded today at $43.66, eclipsing its 52-week high. So far today approximately 119,000 shares have been exchanged, as compared to an average 30-day volume of 843,000 shares. In the past...

Shares of Phillips 66 Partners LP representing limited partner interest in the Partnership (NYSE:PSXP) traded at a new 52-week high today of $43.28. So far today approximately 205,000 shares have been exchanged, as compared to an average 30-day volume of 831,000 shares. In the past 52 we...

The recent rally in energy prices has improved investor sentiment for midstream assets, even though US oil production remains well below pre-pandemic levels. Natural gas is expected to be a major growth driver for the midstream sector in 2022, and the current supply shortfall makes th...

Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 5.30% last month. The index has increased by 84.08% since last October. The Enterprise Value to EBITDA ratio (EV-to-EBITDA), which seeks to provide more color on the valuations of MLPs, increased by 1.32%...

Monthly update of the Dividend Champions List. 70 companies declared higher dividends in the past month, with an average increase of 7.75% over their previous payouts. One new King, six new Contenders, and five new Challengers. For further details see: Dividend Champions...

Potential deal in the works, Momentive Global to be acquired by Zendesk. Zendesk, Momentive stocks fell after the deal was announced. Zendesk investors are clearly not happy with this deal and the stock received multiple downgrades after the deal was announced. For further d...

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....