Last $57.66 USD
Change Today +0.68 / 1.19%
Volume 124.8K
As of 8:04 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

phillips 66 partners lp (PSXP) Snapshot

Open
$57.49
Previous Close
$56.98
Day High
$57.90
Day Low
$55.75
52 Week High
04/17/14 - $57.90
52 Week Low
07/22/13 - $23.00
Market Cap
4.3B
Average Volume 10 Days
127.1K
EPS TTM
--
Shares Outstanding
38.7M
EX-Date
01/31/14
P/E TM
--
Dividend
$0.85
Dividend Yield
--
Current Stock Chart for PHILLIPS 66 PARTNERS LP (PSXP)

phillips 66 partners lp (PSXP) Related Bloomberg News

View More Bloomberg News

phillips 66 partners lp (PSXP) Related Businessweek News

No Related Businessweek News Found

phillips 66 partners lp (PSXP) Details

Phillips 66 Partners LP acquires, owns, develops, and operates crude oil, refined petroleum product, 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. Phillips 66 Partners GP LLC is the general partner of the company. 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: $308.6K
Compensation as of Fiscal Year 2013.

phillips 66 partners lp (PSXP) Key Developments

Phillips 66 Partners LP(NYSE:PSXP) added to Alerian MLP Index

Phillips 66 Partners LP will be added to the Alerian MLP Index.

Phillips 66 Partners LP Announces First Asset Acquisition

Phillips 66 Partners LP announced that its first post-IPO acquisition will include Phillips 66's Gold Product Pipeline System also known as the 'Gold Line System' and the Medford Spheres, two newly constructed refinery-grade propylene storage spheres, for a total consideration of $700 million. The dropdown from Phillips 66, which is targeted to occur March 1, 2014, is expected to be immediately accretive to the earnings and distributable cash flow of the partnership. The assets to be acquired include: The Gold Line System, consisting of a 681-mile refined products pipeline system that runs from the Phillips 66 operated refinery in Borger, Texas, to Cahokia, Ill., with access to the Phillips 66 refinery in Ponca City, Okla., as well as two parallel 54-mile lateral lines from Paola, Kan., to Kansas City, Kan. The system has a maximum throughput capacity of 132,000 barrels per day and includes four terminals respectively located at Wichita, Kan., Kansas City, Kan., Jefferson City, Mo. and Cahokia, Ill., with 172,000 barrels per day of aggregate throughput capacity and 4.3 million barrels of storage capacity.

Phillips 66 Partners LP Reports Earnings Results for the Fourth Quarter and Year Ended December 31, 2013

Phillips 66 Partners LP reported earnings results for the fourth quarter and year ended December 31, 2013. The company has reported that net income for the fourth quarter ended December 31, 2013 was $17 million, compared to $11.6 million for the same quarter ended December 31, 2012. Total revenues for the fourth quarter ended December 31, 2013 were $30 million, compared to $22.1 million for the same quarter ended December 31, 2012. Net income for the year ended December 31, 2013 was $60.7 million, compared to $41.1 million for the year ended December 31, 2012. Total revenues for the year ended December 31, 2013 were $106.8 million, compared to $80.1 million for the year ended December 31, 2012.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PSXP:US $57.66 USD +0.68

PSXP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for PSXP.
View Industry Companies
 

Industry Analysis

PSXP

Industry Average

Valuation PSXP Industry Range
Price/Earnings 100.0x
Price/Sales 38.0x
Price/Book 7.2x
Price/Cash Flow 123.6x
TEV/Sales 35.8x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PHILLIPS 66 PARTNERS LP, please visit www.phillips66.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.