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Last $70.85 USD
Change Today -0.18 / -0.25%
Volume 24.2K
PSXP On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 11:55 AM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

phillips 66 partners lp (PSXP) Snapshot

Open
$71.11
Previous Close
$71.03
Day High
$71.36
Day Low
$70.58
52 Week High
01/28/15 - $81.63
52 Week Low
10/14/14 - $51.35
Market Cap
5.7B
Average Volume 10 Days
83.1K
EPS TTM
$1.60
Shares Outstanding
45.1M
EX-Date
04/30/15
P/E TM
44.2x
Dividend
$1.48
Dividend Yield
1.87%
Current Stock Chart for PHILLIPS 66 PARTNERS LP (PSXP)

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phillips 66 partners lp (PSXP) Details

Phillips 66 Partners LP owns, operates, develops, and acquires crude oil, refined petroleum products, and natural gas liquids pipelines and terminals, as well as other transportation and midstream assets in the United States. Its assets include Clifton Ridge crude system, a crude oil pipeline, terminal, and storage system in Sulphur, Louisiana; Sweeny to Pasadena products system, a refined petroleum product pipeline, terminal, and storage system to distribute diesel and gasoline in Old Ocean, Texas; and Hartford Connector products system, a refined petroleum product pipeline, terminal, and storage system that distributes diesel and gasoline to third-party pipeline and terminal systems located in Hartford, Illinois. The company’s assets also consist of Gold Line Products System, a refined petroleum product pipeline system that includes 4 terminals located in Wichita, Kansas; Kansas City, Kansas; Jefferson City, Missouri; and Cahokia, Illinois. In addition, it operates 2 refinery-grade propylene storage spheres located in Medford, Oklahoma; Bayway Rail Rack, a 4-track and 120-rail-car crude oil receiving facility, which is located in Linden, New Jersey; Ferndale Rail Rack, a 2-track and 54-rail-car crude oil receiving facility that is located in Ferndale, Washington; Cross-Channel Connector project, a refined petroleum product pipeline, which provides shippers with a connection from Pasadena terminal to third-party systems with water access on the Houston Ship Channel; Palermo Rail Terminal project that constructs a crude oil rail-loading facility in Palermo, North Dakota; and Eagle Ford Gathering System project, which constructs a crude oil gathering system that consists of 2 pipelines and a storage facility in Helena and Tilden, Texas. Phillips 66 Partners GP LLC operates as the general partner of Phillips 66 Partners LP. The company was founded in 2013 and is headquartered in Houston, Texas.

Founded in 2013

phillips 66 partners lp (PSXP) Top Compensated Officers

Chairman of Phillips 66 Partners GP LLC and C...
Total Annual Compensation: --
President of Phillips 66 Partners GP LLC and ...
Total Annual Compensation: --
Chief Financial Officer of Phillips 66 Partne...
Total Annual Compensation: --
Chief Operating Officer of Phillips 66 Partne...
Total Annual Compensation: $324.4K
Vice President of Phillips 66 Partners GP LLC...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

phillips 66 partners lp (PSXP) Key Developments

Phillips 66 Partners Lp Reports Unaudited Consolidated and Parent Earnings and Operating Results for the First Quarter Ended March 31, 2015; Provides Capital Spending Guidance for the Full Year 2015

Phillips 66 Partners LP reported unaudited consolidated and parent earnings and operating results for the first quarter ended March 31, 2015. For the quarter, on consolidated basis, the company reported total revenues and other income was $70.1 million against $64.8 million a year ago. Net income was $35.4 million against $36.3 million a year ago. Adjusted earnings were $35.4 million against $36.2 million a year ago. Adjusted EBITDA was $46.6 million against $42.6 million a year ago. Net income attributable to the partnership common units was $0.39 against $0.44 a year ago. EBITDA was $46.6 million against $43.2 million a year ago. Net cash provided by operating activities was $31.4 million against $47.7 million a year ago. Income before income taxes was $35.6 million against $18.6 million a year ago. Partnership capital expenditures and investments was $32.9 million against $39.5 million a year ago. For the quarter, on company basis, the company reported total revenues and other income was $70.1 million against $36.0 million a year ago. Net income was $35.4 million against $18.3 million a year ago. Adjusted EBITDA was $46.6 million against $21.5 million a year ago. For the quarter, on consolidated basis, the company reported total pipeline, terminal and storage volumes of 745 mb/d compared to 677 mb/d a year ago. For the quarter, on company basis, the company reported total pipeline, terminal and storage volumes of 745 mb/d compared to 573 mb/d a year ago. For 2015, including additional growth capital for the recently acquired equity interest, the company expects to spend about $235 million. The majority of this additional capital is for lateral expansions on the Sand Hills pipeline.

Phillips 66 Partners LP to Report Q1, 2015 Results on Apr 30, 2015

Phillips 66 Partners LP announced that they will report Q1, 2015 results at 8:45 AM, US Eastern Standard Time on Apr 30, 2015

Phillips 66 Partners LP, Q1 2015 Earnings Call, Apr 30, 2015

Phillips 66 Partners LP, Q1 2015 Earnings Call, Apr 30, 2015

 

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Industry Analysis

PSXP

Industry Average

Valuation PSXP Industry Range
Price/Earnings 44.7x
Price/Sales 22.9x
Price/Book 6.0x
Price/Cash Flow 42.5x
TEV/Sales 21.7x
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