Phillips 66 Partners LP Common Units representing limited partner interest in the Partnership (PSXP): Price and Financial Metrics


Phillips 66 Partners LP Common Units representing limited partner interest in the Partnership (PSXP)

Today's Latest Price: $27.85 USD

1.39 (-4.75%)

Updated Nov 27 1:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 56 in MLPs - Oil & Gas

See all "A" rated Strong Buy stocks

PSXP Stock Summary

  • With a price/earnings ratio of 7.39, Phillips 66 Partners Lp P/E ratio is greater than that of about merely 7.94% of stocks in our set with positive earnings.
  • Of note is the ratio of Phillips 66 Partners Lp's sales and general administrative expense to its total operating expenses; merely 18.05% of US stocks have a lower such ratio.
  • For PSXP, its debt to operating expenses ratio is greater than that reported by 96.22% of US equities we're observing.
  • If you're looking for stocks that are quantitatively similar to Phillips 66 Partners Lp, a group of peers worth examining would be ELS, SLG, DAC, WTRG, and WSR.
  • PSXP's SEC filings can be seen here. And to visit Phillips 66 Partners Lp's official web site, go to www.phillips66partners.com.

PSXP Stock Price Chart Interactive Chart >

Price chart for PSXP

PSXP Price/Volume Stats

Current price $27.85 52-week high $65.22
Prev. close $29.24 52-week low $19.00
Day low $27.80 Volume 359,691
Day high $29.48 Avg. volume 728,006
50-day MA $24.57 Dividend yield 11.97%
200-day MA $34.24 Market Cap 6.36B

Phillips 66 Partners LP Common Units representing limited partner interest in the Partnership (PSXP) Company Bio


Phillips 66 Partners LP 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. The company was founded in 2013 and is based in Houston, Texas.

PSXP Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$27.85$10.64 -64%

Below please find a table outlining a discounted cash flow forecast for PSXP, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Phillips 66 Partners Lp ranked in the 26th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for PSXP, they are:

  • The company's debt burden, as measured by earnings divided by interest payments, is 9.07; that's higher than 93.06% of US stocks in the Energy sector that have positive free cash flow.
  • Phillips 66 Partners Lp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than just 4.42% of tickers in our DCF set.
  • PSXP's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than just 4.42% of tickers in our DCF set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-64%
1%-64%
2%-64%
3%-63%
4%-63%
5%-63%

For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as PSXP, try AROC, PBR, BKR, COG, and PBA.


PSXP Latest News Stream


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Latest PSXP News From Around the Web

Below are the latest news stories about Phillips 66 Partners Lp that investors may wish to consider to help them evaluate PSXP as an investment opportunity.

Phillips 66 to begin open season for Gray Oak Pipeline

Phillips 66 Partners ([[PSXP]] +1.4%) says Gray Oak Pipeline will launch an open season starting Sept. 1 to solicit shipper commitments for long-term crude oil transportation service from west Texas.Phillips says there will be new takeaway capacity from west Texas, and a new destination in Victoria County, Tex., which is...

Seeking Alpha | August 31, 2020

Phillips 66: 'It's A Long Way To Tipperary'

Source: Fortune Note: The title is first line of a music hall song popular with British soldiers during the First World War. Tipperary is a town in southern Ireland, and the singer, an Irishman, wants to return there to see "the sweetest girl I know". It is still used as...

Fun Trading on Seeking Alpha | August 27, 2020

Phillips 66 (PSX) Q2 Earnings Beat on Lower Operating Costs

Phillips 66's (PSX) West Coast retail marketing JV acquires 95 sites in the second quarter, which are likely to boost its exposure to retail margins.

Yahoo | July 31, 2020

Phillips 66 (PSX) Reports Q2 Loss, Lags Revenue Estimates

Phillips 66 (PSX) delivered earnings and revenue surprises of 25.25% and -25.05%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Yahoo | July 31, 2020

Phillips 66 Partners Reports Second-Quarter 2020 Financial Results

Phillips 66 Partners LP (NYSE: PSXP) announces second-quarter 2020 earnings of $255 million, or $1.05 per diluted common unit. Cash from operations was $215 million, and distributable cash flow was $218 million. Adjusted EBITDA was $269 million in the second quarter, compared with $321 million in the prior quarter.

Yahoo | July 31, 2020

Read More 'PSXP' Stories Here

PSXP Price Returns

1-mo 17.29%
3-mo 8.88%
6-mo -33.41%
1-year -44.93%
3-year -22.87%
5-year -35.55%
YTD -50.07%
2019 56.23%
2018 -14.84%
2017 12.69%
2016 -17.76%
2015 -8.82%

PSXP Dividends

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Continue Researching PSXP

Here are a few links from around the web to help you further your research on Phillips 66 Partners Lp's stock as an investment opportunity:

Phillips 66 Partners Lp (PSXP) Stock Price | Nasdaq
Phillips 66 Partners Lp (PSXP) Stock Quote, History and News - Yahoo Finance
Phillips 66 Partners Lp (PSXP) Stock Price and Basic Information | MarketWatch


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