Phillips 66 Partners LP

NYSE: PSXP
$42.01
+$0.78 (+1.9%)
Closing Price on March 8, 2022

PSXP Articles

Analysts at Jefferies on Monday initiated coverage on four independent oil refiners and their affiliated logistics master limited partnerships.
With some MLPs looking a little toppy after solid runs, these fou appear to be in a better valuation range and perhaps offer better downside protection.
At the recent Deutsche Bank MLP, Midstream and Natural Gas Conference, attendees were particularly interested in three energy master limited partnerships.
While not the highest yielding MLPs, these are solid plays for investors looking to be in the sector, but not wanting to take undue risk.
The top analyst upgrades, downgrades and initiations seen on Tuesday morning include CenturyLink, International Paper, Kroger, On Deck Capital, Phillips 66 and United Technologies.
With strong sponsorships, and well thought out capital expenditure plans, these MLPs can fight their way through to better days and come out perhaps even stronger.
A new research report from Credit Suisse maintains that one group of MLPs has outperformed during the drop, and investors should look at buying them now.
Phillips 66 announced Monday morning that it has set its capital spending budget for 2016 at $3.6 billion. Phillips 66 will also add $2 billion to its share repurchase plan.
While sentiment on MLPs is improving, caution still remains, and stock selection will be the key going forward as the sector continues to heal.
Midstream master limited partnership (MLP) Phillips 66 Partners on Tuesday priced an underwritten secondary offering of 5.25 million limited partnership units.
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Wednesday, February 26, 1014. The include LinkedIn, Safeway, NII Holdings, Rangold Resources and...
ThinkstockBank of America Merrill Lynch has refreshed a huge coverage list of master limited partnerships, or MLPs. The firm has shown that forty-eight MLPs in its coverage universe have declared...
ThinkstockPhillips 66 (NYSE: PSX) reported second-quarter 2013 results before markets opened this morning. The oil refiner posted adjusted diluted earnings per share (EPS) of $1.50. In the same...
July 23, 2013: U.S. equity markets opened higher this morning, but only the DJIA was able to stay in positive territory throughout the day. There was little economic data out of Europe today, but...