PSXP News and Press, Phillips 66 Partners LP representing limited partner interest in the Partnership From 02/27/19

After its spin-off from Conoco Phillips ( COP ) back in 2012, Phillips 66 ( PSX ) embarked on a strategic plan to invest more in its integrated midstream and chemicals businesses as compared to its refining segment. The goal was to diversify operations and become less reliant on the cycl...

By Michael Laitkep One AMZ distribution cut the only blemish in an otherwise clean quarter for distributions. The pie charts below reflect the quarter-over-quarter (Q/Q) changes to distributions for the Alerian MLP Index (AMZ) and Alerian MLP Infrastructure Index (AMZI), comparing ...

Phillips 66 Partners (NYSE: PSXP) executive management will host a conference call webcast at 2 p.m. EDT on Tuesday, April 30, to discuss the partnership’s first-quarter 2019 financial results, which will be released earlier that day, and provide an update on strategic initiatives. ...

Phillips 66 Partners LP (NYSE: PSXP) (“the Partnership”) has filed its annual report on Form 10-K for the fiscal year ended Dec. 31, 2018, with the Securities and Exchange Commission (SEC). The filing can be viewed through the “Investors” area ...

By Michael Laitkep Last year, the rampant growth in crude production in the Permian caused supply to outpace available pipeline takeaway capacity, creating a growth opportunity for the midstream space. As new pipeline capacity comes on-line in the Permian this year and in 2020+, the logica...

Source Phillips 66 Partners LP ( PSXP ) isn't like it's bigger brothers Enterprise Product Partners ( EPD ) and Kinder Morgan ( KMI ). It doesn't have a sophisticated investor relations site loaded with elaborate and highly detailed investor presentations. It doesn't have a $40+ billion ...

My goal for the new year is to improve the format of my series so that it takes less time to write (it's about as manual of a process as it can get) and to create more tables that do a better job of balancing my articles that might seem a little too wordy for the average investor. After all, t...

After a pit stop to scoop up some distributions last week, midstream stocks resumed their rally with another big week. It was a big week across the energy sector, buoyed by the highest oil prices of the year and a big week for the stock market broadly. Midstream outperformed the S&P 500 ...

By Managing Director and Portfolio Manager Brian Kessens Tough love for energy last week, as broad energy fell 3% and MLPs dropped -3.6% (with lots of dividend ex-dates). Producers brought up the rear, declining 6.4%. Crude oil prices were no help, slipping 4.6%, though crude oil invent...

Phillips 66 ( PSX , PSXP ) and Kinder Morgan (NYSE: KMI ) say they have launched an open season to provide shippers with long-term crude oil transportation from the Gray Oak Pipeline in the Permian Basin to delivery points at or near the Houston Ship Channel. More news on: Phillips 66, ...