(:PSXP)
Business Focus: N/A
Mar 16, 2022 05:40 pm ET
TortoiseEcofin Provides Additional Information Regarding TPAYMENT Index Rebalance for First Quarter 2022
OVERLAND PARK, KS / ACCESSWIRE / March 16, 2022 / TortoiseEcofin today released additional information regarding the Ecofin Global Digital Payments Infrastructure Index quarterly rebalance for the first quarter of 2022. In addition to the announced changes on March 11, 2022, QIWI Plc will be removed from the index following the close of trading on March 18, 2022. In total, the following changes will become effective.
Mar 11, 2022 05:40 pm ET
TortoiseEcofin Announces Index Updates for First Quarter 2022
OVERLAND PARK, KS / ACCESSWIRE / March 11, 2022 / TortoiseEcofin today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the first quarter of 2022. Following the close of trading on March 18, 2022, the indices will be rebalanced and as a result, the following changes will become effective.
Mar 08, 2022 06:50 pm ET
TortoiseEcofin Announces Constituent Changes Due to Corporate Action
LEAWOOD, KS / ACCESSWIRE / March 8, 2022 / TortoiseEcofin today announced that Phillips 66 Partners LP (NYSE:PSXP) will be removed from the Tortoise MLP Index® (TMLP), and the Tortoise North American Pipeline IndexSM (TNAP), as a result of the approved merger with Phillips 66 (NYSE:PSX). Due to the merger, PSXP will be removed from both indices at market open on Wednesday, March 9, 2022.
Feb 18, 2022 04:24 pm ET
Phillips 66 Partners Files 2021 Form 10-K
Phillips 66 Partners LP (NYSE: PSXP) (“the Partnership”) has filed its annual report on Form 10-K for the fiscal year ended Dec. 31, 2021, with the Securities and Exchange Commission (SEC). The filing can be viewed through the “Investors” area of the Partnership’s website at www.phillips66partners.com by selecting the “SEC Filings” l
Jan 28, 2022 07:20 am ET
Phillips 66 Partners Reports Fourth-Quarter 2021 Financial Results
Phillips 66 Partners LP (NYSE: PSXP) announces fourth-quarter 2021 earnings of $286 million, or $1.19 per diluted common unit. Cash from operations was $302 million, and distributable cash flow was $267 million. Adjusted EBITDA was $400 million in the fourth quarter, compared with $367 million in the prior quarter.
Jan 18, 2022 04:30 pm ET
Phillips 66 Partners Declares Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a fourth-quarter 2021 cash distribution of $0.875 per common unit. The quarterly distribution is payable Feb. 14, 2022, to unitholders of record as of Jan. 31, 2022.
Nov 29, 2021 06:14 pm ET
URGENT: The M&A Firm is Investigating the Sale of Phillips 66 Partners LP - PSXP
NEW YORK, Nov. 29, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner of the firm Monteverde & Associates PC ("M&A Firm"), a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Phillips 66 Partners LP ("PSXP" or the "Company") (PSXP) relating to the sale of the Company to Phillips 66 ("Phillips" or "PSX"). Under the terms of the agreement, PSXP stockholders will receive 0.50 shares of Phillips for each share of Company common stock they own.
Nov 19, 2021 09:00 pm ET
PHILLIPS 66 PARTNERS LP ALERT: Bragar Eagel & Squire, P.C. Reminds Investors of its Investigation of the Sale of PSXP and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, remind investors of its investigation into whether the officers or directors of Phillips 66 Partners LP (NYSE: PSXP) (“PSXP”) breached their fiduciary duties or...
Nov 09, 2021 04:20 pm ET
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Phillips 66 Partners LP Merger
Rigrodsky Law, P.A. announces that it is investigating Phillips 66 Partners LP (“Partners”) (NYSE: PSXP) regarding possible breaches of fiduciary duties and other violations of law related to Partners’ agreement to be acquired by Phillips 66...
Nov 03, 2021 02:39 pm ET
SHAREHOLDER ALERT: WeissLaw LLP Reminds PSXP, COLB, AZPN, and HRC Shareholders About Its Ongoing Investigations
NEW YORK, Nov. 3, 2021 /PRNewswire/ --
Oct 29, 2021 07:20 am ET
Phillips 66 Partners Reports Third-Quarter 2021 Financial Results
Phillips 66 Partners LP (NYSE: PSXP) announces third-quarter 2021 earnings of $242 million, or $1.00 per diluted common unit. Cash from operations was $338 million, and distributable cash flow was $268 million. Adjusted EBITDA was $367 million in the third quarter, compared with $337 million in the prior quarter.
Oct 28, 2021 02:58 pm ET
Moore Kuehn Encourages PSXP, BRPM, HFC, and ADMS Investors to Contact Law Firm
Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek...
Oct 27, 2021 05:27 pm ET
SHAREHOLDER ALERT: WeissLaw LLP Investigates Phillips 66 Partners LP
NEW YORK, Oct. 27, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Phillips 66 Partners LP ("PSXP" or the "Partnership") (NYSE: PSXP) in connection with the proposed acquisition of PSXP by Phillips 66 ("Phillips 66") (NYSE: PSX). Under the terms of the merger agreement, each outstanding PSXP common unitholder would receive 0.50 shares of Phillips 66 common stock for each PSXP common unit they hold.
Oct 27, 2021 01:09 pm ET
PHILLIPS 66 PARTNERS LP ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of PSXP and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of Phillips 66 Partners LP (NYSE: PSXP) (“PSXP”) breached their fiduciary duties or violated the...
Oct 27, 2021 08:30 am ET
Phillips 66 Partners Cancels Third-Quarter 2021 Earnings Webcast
Phillips 66 Partners (NYSE: PSXP) is canceling its webcast scheduled for 2 p.m. EDT on Friday, Oct. 29, to discuss its third-quarter 2021 financial results. The Partnership will release its third-quarter 2021 financial results on Oct. 29, 2021.
Oct 27, 2021 08:23 am ET
Phillips 66 Announces Agreement to Acquire Phillips 66 Partners
The agreement, expected to close in the first quarter of 2022, provides for an all-stock transaction in which each outstanding PSXP common unitholder would receive 0.50 shares of PSX common stock for each PSXP common unit. The Partnership’s preferred units would be converted into common units at a premium to the original issuance price prior to exchange for Phillips 66 common stock.
Oct 27, 2021 08:00 am ET
Phillips 66 Announces Agreement to Acquire Phillips 66 Partners
Phillips 66 (NYSE: PSX) and Phillips 66 Partners (“PSXP” or the “Partnership”) (NYSE: PSXP) announced today that they have entered into a definitive agreement for Phillips 66 to acquire all of the publicly held common units representing limited partner interests in the Partnership not already owned by Phillips 66 and its affiliates.
Oct 19, 2021 04:34 pm ET
Phillips 66 Partners Declares Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a third-quarter 2021 cash distribution of $0.875 per common unit, or $3.50 per unit on an annualized basis. The quarterly distribution is payable Nov. 12, 2021, to unitholders of record as of Oct. 29, 2021.
Sep 15, 2021 04:30 pm ET
Phillips 66 Partners to Announce Third-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) executive management will host a webcast at 2 p.m. EDT on Friday, Oct. 29, to discuss the partnership’s third-quarter 2021 financial results, which will be released earlier that day, and provide operational updates.
Aug 03, 2021 07:20 am ET
Phillips 66 Partners Reports Second-Quarter 2021 Financial Results
Phillips 66 Partners LP (NYSE: PSXP) announces second-quarter 2021 earnings of $225 million, or $0.91 per diluted common unit. Cash from operations was $286 million, and distributable cash flow was $267 million. Adjusted EBITDA was $337 million in the second quarter, compared with $289 million in the prior quarter.
Jul 20, 2021 04:30 pm ET
Phillips 66 Partners Declares Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a second-quarter 2021 cash distribution of $0.875 per common unit, or $3.50 per unit on an annualized basis. The quarterly distribution is payable Aug. 13, 2021, to unitholders of record as of July 30, 2021.
Jul 20, 2021 02:11 pm ET
Phillips 66 Partners Announces Time Change for Conference Call on Second-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) has changed the time of its conference call to discuss second-quarter earnings. The conference call webcast will now be held at 3 p.m. EDT on Tuesday, Aug. 3, 2021. At that time, the company’s executive management will discuss the partnership’s second-quarter 2021 financial results, which will be released earlier that day, and provide an update on strategic initiatives.
Jun 21, 2021 04:30 pm ET
Phillips 66 Partners to Announce Second-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) executive management will host a webcast at 2 p.m. EDT on Tuesday, Aug. 3, to discuss the partnership’s second-quarter 2021 financial results, which will be released earlier that day, and provide an update on strategic initiatives.
Apr 30, 2021 07:20 am ET
Phillips 66 Partners reports first-quarter 2021 financial results
Phillips 66 Partners LP (NYSE: PSXP) announces a first-quarter 2021 loss of $18 million, or $0.13 per diluted common unit. Cash from operations was $227 million, and distributable cash flow was $233 million. Adjusted EBITDA was $289 million in the first quarter, compared with $318 million in the prior quarter.
Apr 20, 2021 04:30 pm ET
Phillips 66 Partners declares quarterly cash distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a first-quarter 2021 cash distribution of $0.875 per common unit, or $3.50 per unit on an annualized basis. The quarterly distribution is payable May 14, 2021, to unitholders of record as of April 30, 2021.
Apr 05, 2021 04:30 pm ET
Phillips 66 Partners Provides Guidance on First-Quarter 2021 Results
Phillips 66 Partners LP (NYSE: PSXP) is providing guidance on results of operations for the first quarter of 2021 to reflect the Partnership’s decision to exit the Liberty Pipeline project and the effects of recent winter storms on asset utilization and utility costs.
Mar 22, 2021 05:00 pm ET
Phillips 66 Partners to Announce First-Quarter Financial Results
Phillips 66 Partners LP (NYSE: PSXP) executive management will host a webcast at 2 p.m. EDT on Friday, April 30, to discuss the partnership’s first-quarter 2021 financial results, which will be released earlier that day, and provide an update on strategic initiatives.
Feb 24, 2021 05:00 pm ET
Phillips 66 Partners Files 2020 Form 10-K
Phillips 66 Partners LP (NYSE: PSXP) (“the Partnership”) has filed its annual report on Form 10-K for the fiscal year ended Dec. 31, 2020, with the Securities and Exchange Commission (SEC). The filing can be viewed through the “Investors” area of the Partnership’s website at www.phillips66partners.com by selecting the “SEC Filings” l
Jan 29, 2021 07:20 am ET
Phillips 66 Partners Reports Fourth-Quarter 2020 Financial Results
Phillips 66 Partners LP (NYSE: PSXP) announces fourth-quarter 2020 earnings of $104 million, or $0.40 per diluted common unit. Cash from operations was $170 million, and distributable cash flow was $240 million. Adjusted EBITDA was $318 million in the fourth quarter, compared with $313 million in the prior quarter.
Jan 19, 2021 05:00 pm ET
Phillips 66 Partners Declares Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a fourth-quarter 2020 cash distribution of $0.875 per common unit, or $3.50 per unit on an annualized basis. The quarterly distribution is payable Feb. 12, 2021, to unitholders of record as of Jan. 29, 2021.
Dec 16, 2020 05:00 pm ET
Phillips 66 Partners to Announce Fourth-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) executive management will host a conference call webcast at 2 p.m. EST on Friday, Jan. 29, to discuss the partnership’s fourth-quarter 2020 financial results, which will be released earlier that day, and provide an update on strategic initiatives.
Oct 30, 2020 07:20 am ET
Phillips 66 Partners Reports Third-Quarter 2020 Financial Results
Phillips 66 Partners LP (NYSE: PSXP) announces third-quarter 2020 earnings of $206 million, or $0.85 per diluted common unit. Cash from operations was $296 million, and distributable cash flow was $243 million. Adjusted EBITDA was $313 million in the third quarter, compared with $269 million in the prior quarter.
Oct 20, 2020 04:30 pm ET
Phillips 66 Partners Declares Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a third-quarter 2020 cash distribution of $0.875 per common unit, or $3.50 per unit on an annualized basis. This represents a 1% increase compared to the third-quarter 2019 distribution. The quarterly distribution is payable Nov. 13, 2020, to unitholders of record as of Oct. 30, 2020.
Sep 24, 2020 01:15 pm ET
Phillips 66 Partners to Announce Third-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) executive management will host a conference call webcast at 2 p.m. EDT on Friday, Oct. 30, to discuss the partnership’s third-quarter 2020 financial results, which will be released earlier that day, and provide an update on strategic initiatives.
Aug 31, 2020 09:00 am ET
Phillips 66 Partners Announces Open Season for Gray Oak Pipeline
Phillips 66 Partners (NYSE: PSXP) announces that its subsidiary Gray Oak Pipeline, LLC (“Gray Oak”) is launching an open season to solicit shipper commitments for services from West Texas on the Gray Oak Pipeline. The open season will provide an opportunity for interested shippers to secure long-term crude oil transportation with Gray Oak under binding transportation services agreements.
Jul 31, 2020 07:10 am ET
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.
Jul 21, 2020 04:30 pm ET
Phillips 66 Partners Declares Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a second-quarter 2020 cash distribution of $0.875 per common unit, or $3.50 per unit on an annualized basis. This represents a 2% increase compared to the second-quarter 2019 distribution. The quarterly distribution is payable Aug. 13, 2020, to unitholders of record as of July 31, 2020.
Jun 10, 2020 03:25 pm ET
Phillips 66 Partners to Announce Second-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) executive management will host a conference call webcast at 2 p.m. EDT on Friday, July 31, to discuss the partnership’s second-quarter 2020 financial results, which will be released earlier that day, and provide an update on strategic initiatives.
May 01, 2020 07:20 am ET
Phillips 66 Partners Reports First-Quarter 2020 Financial Results
Phillips 66 Partners LP (NYSE: PSXP) announces first-quarter 2020 earnings of $226 million, or $0.93 per diluted common unit. Cash from operations was $274 million, and distributable cash flow was $269 million. Adjusted EBITDA was $321 million in the first quarter, compared with $345 million in the prior quarter.
Apr 21, 2020 04:15 pm ET
Phillips 66 Partners Declares Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a first-quarter 2020 cash distribution of $0.875 per common unit, or $3.50 per unit on an annualized basis. This represents a 4% increase compared to the first-quarter 2019 distribution. The quarterly distribution is payable May 14, 2020, to unitholders of record as of May 1, 2020.
Mar 18, 2020 04:07 pm ET
Phillips 66 Partners Announces Date Change for First-Quarter Financial Results Announcement
Phillips 66 Partners (NYSE: PSXP) has changed the date of its conference call to discuss first-quarter earnings due to a change in scheduling. The conference call webcast will now be held on Friday, May 1 at 2 p.m. EDT. At that time, the partnership’s executive management will discuss first-quarter 2020 financial results, which will be released earlier that day, and provide an update on strategic initiatives.
Feb 21, 2020 03:58 pm ET
Phillips 66 Partners Files 2019 Form 10-K
Phillips 66 Partners LP (NYSE: PSXP) (“the Partnership”) has filed its annual report on Form 10-K for the fiscal year ended Dec. 31, 2019, with the Securities and Exchange Commission (SEC). The filing can be viewed through the “Investors” area of the Partnership’s website at www.phillips66partners.com by selecting the "SEC Filings" l
Feb 21, 2020 08:30 am ET
Phillips 66 Partners Acquires Interest in Liberty Pipeline
Phillips 66 Partners LP (NYSE: PSXP) (“Phillips 66 Partners” or the “Partnership”) has reached agreement with Phillips 66 (NYSE: PSX) to acquire its 50% interest in the Liberty Pipeline project for approximately $75 million. Phillips 66 Partners plans to fund the transaction through a combination of cash on hand and the revolving credit facility. The transaction is expected to close on March 2, 2020, with an effective date of March 1, 2020.
Feb 13, 2020 06:08 pm ET
Phillips 66 Partners to Announce First-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) executive management will host a conference call webcast at 2 p.m. EDT on Wednesday, April 29, to discuss the partnership’s first-quarter 2020 financial results, which will be released earlier that day, and provide an update on strategic initiatives.
Jan 31, 2020 07:20 am ET
Phillips 66 Partners Reports Fourth-Quarter 2019 Earnings
Phillips 66 Partners LP (NYSE: PSXP) announces fourth-quarter 2019 earnings of $255 million, or $1.06 per diluted common unit. Cash from operations was $259 million, and distributable cash flow was $254 million. Adjusted EBITDA was $345 million in the fourth quarter, compared with $323 million in the prior quarter.
Jan 21, 2020 02:59 pm ET
Phillips 66 Partners Increases Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a fourth-quarter 2019 cash distribution of $0.875 per common unit, an increase of one cent per common unit from the third quarter of 2019. This is the twenty-fifth consecutive quarterly distribution increase since Phillips 66 Partners’ initial public offering in 2013 and represents a 5% increase compared to the fourth-quarter 2018 distribution. The quarterly distribution is payable Feb. 13, 2020, to unitholders of record as of Jan. 31, 2020.
Dec 20, 2019 01:08 pm ET
Phillips 66 Partners to Announce Fourth-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) executive management will host a conference call webcast at 2 p.m. EST on Friday, Jan. 31, to discuss the partnership’s fourth-quarter 2019 financial results, which will be released earlier that day, and provide an update on strategic initiatives.
Oct 25, 2019 07:20 am ET
Phillips 66 Partners Reports Third-Quarter 2019 Earnings
Phillips 66 Partners LP (NYSE: PSXP) announces third-quarter 2019 earnings of $237 million, or $1.15 per diluted common unit. Cash from operations was $276 million, and distributable cash flow was $255 million. Adjusted EBITDA was $323 million in the third quarter, compared with $319 million in the prior quarter.
Oct 16, 2019 02:43 pm ET
Phillips 66 Partners Increases Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a third-quarter 2019 cash distribution of $0.865 per common unit, an increase of one cent per common unit from the second quarter of 2019. This is the twenty-fourth consecutive quarterly distribution increase since Phillips 66 Partners’ initial public offering in 2013 and represents a 9% increase compared to the third-quarter 2018 distribution. The quarterly distribution is payable Nov. 13, 2019, to unitholders of record as of Oct. 31, 2019.
Oct 04, 2019 09:02 am ET
Cushing® Asset Management and Swank Capital Announce Rebalancing of the Cushing® MLP High Income Index
DALLAS, Oct. 4, 2019 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing® MLP High Income Index (the "Index") as part of normal index operations. After the markets close on October 11, 2019, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on October 14, 2019:
Sep 20, 2019 02:35 pm ET
Phillips 66 Partners to Announce Third-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) executive management will host a conference call webcast at 2 p.m. EDT on Friday, Oct. 25, to discuss the partnership’s third-quarter 2019 financial results, which will be released earlier that day, and provide an update on strategic initiatives.
Sep 03, 2019 06:32 pm ET
Phillips 66 Partners Prices $900 Million Senior Notes Offering
Phillips 66 Partners LP (NYSE: PSXP) (the “Partnership”), today announced that it has priced $300 million aggregate principal amount of 2.450% unsecured senior notes due 2024 (the “2024 notes”) and $600 million aggregate principal amount of 3.150% unsecured senior notes due 2029 (the “2029 notes”) in an underwritten public offering pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission (the “SEC”). The 2024 notes were offered at a price to the public of 99.763% of par and the 2029 notes were offered at a price to the publi
Aug 09, 2019 12:41 pm ET
Alerian Reports June 30, 2019 Index Linked Product Positions
DALLAS, Aug. 9, 2019 /PRNewswire/ -- Alerian reported, as of June 28, 2019, total products directly tied to and tracking the Alerian indices was $13.7 billion.
Jul 26, 2019 07:20 am ET
Phillips 66 Partners Reports Second-Quarter 2019 Earnings
Phillips 66 Partners LP (NYSE: PSXP) announces second-quarter 2019 earnings of $233 million, or $1.15 per diluted common unit. Cash from operations was $276 million, and distributable cash flow was $254 million. Adjusted EBITDA was $319 million in the second quarter, compared with $281 million in the prior quarter.
Jul 26, 2019 06:45 am ET
Phillips 66 and Phillips 66 Partners Announce Elimination of Incentive Distribution Rights
Phillips 66 (NYSE: PSX) and Phillips 66 Partners (PSXP or Partnership) (NYSE: PSXP) today announced execution of a definitive agreement to
Jul 17, 2019 02:24 pm ET
Phillips 66 Partners Increases Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a second-quarter 2019 cash distribution of $0.855 per common unit, an increase of one cent per common unit from the first quarter of 2019. This is the twenty-third consecutive quarterly distribution increase since Phillips 66 Partners’ initial public offering in 2013 and represents a 14% increase compared to the second quarter 2018 distribution. The quarterly distribution is payable August 13, 2019, to unitholders of record as of July 31, 2019.
Jun 21, 2019 11:00 am ET
Phillips 66 Partners to Announce Second-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) executive management will host a conference call webcast at 2 p.m. EDT on Friday, July 26, to discuss the partnership’s second-quarter 2019 financial results, which will be released earlier that day, and provide an update on strategic initiatives.
Apr 30, 2019 07:20 am ET
Phillips 66 Partners Reports First-Quarter 2019 Earnings
Phillips 66 Partners LP (NYSE: PSXP) announces first-quarter 2019
earnings of $198 million, or $0.92 per diluted common unit. Cash from
operations was $205 million, and distributable cash flow was $226
million. Adjusted EBITDA was $281 million in the first quarter, compared
with $309 million in the prior quarter.
Apr 22, 2019 02:00 pm ET
Energy Transfer and Phillips 66 Partners Announce Non-Binding Expansion Open Season for Joint Tariff Service Connecting into the Bayou Bridge Pipeline System
Energy Transfer LP (NYSE: ET) and Phillips 66 Partners LP (NYSE:
PSXP) today announced that Bayou Bridge Pipeline, LLC (“Bayou
Bridge”), a joint venture owned by subsidiaries of Energy Transfer and
Phillips 66 Partners, launched a non-binding expansion open season to
solicit shipper interest for expanded joint tariff transportation
service received from certain connecting carriers onto the Bayou Bridge
Pipeline System. Bayou Bridge is evaluating joint tariff service from
origin points in the Bakken/Three Forks Region in North Dakota; Pato
Apr 17, 2019 03:19 pm ET
Phillips 66 Partners Increases Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of
directors of its general partner declared a first-quarter 2019 cash
distribution of $0.845 per common unit, an increase of one cent per
common unit from the fourth quarter of 2018. This is the twenty-second
consecutive quarterly distribution increase since Phillips 66 Partners’
initial public offering in 2013 and represents an 18% increase compared
to the first quarter 2018 distribution. The quarterly distribution is
payable May 14, 2019, to unitholders of record as of April 30, 20
Apr 03, 2019 11:05 am ET
New Research Coverage Highlights Highwoods Properties, Las Vegas Sands, Colfax, Computer Programs and Systems, Inc., Gogo, and Phillips 66 Partners LP — Consolidated Revenues, Company Growth, and Expe
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Highwoods Properties, Inc. (NYSE:HIW), Las Vegas Sands Corp....
Mar 26, 2019 04:30 pm ET
Energy Transfer and Phillips 66 Partners Announce Bayou Bridge Pipeline is Ready for Service
Energy Transfer (NYSE: ET) and Phillips 66 Partners (NYSE: PSXP)
announced today that the second phase of the Bayou Bridge Pipeline is
complete and ready for service. The 163-mile, 24-inch pipeline will
transport crude oil from Lake Charles, Louisiana, to terminalling
facilities outside St. James, Louisiana, beginning April 1, 2019.
Feb 26, 2019 02:20 pm ET
Phillips 66 Partners to Announce First-Quarter Financial Results
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.
Feb 22, 2019 02:32 pm ET
Phillips 66 Partners Files 2018 Form 10-K
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 of the Partnership’s website at www.phillips66partners.com by
selecting the
Feb 08, 2019 07:20 am ET
Phillips 66 Partners Reports Fourth-Quarter 2018 Earnings
Phillips 66 Partners LP (NYSE: PSXP) announces fourth-quarter 2018
earnings of $221 million, or $1.09 per diluted common unit. Cash from
operations was $240 million, and distributable cash flow was $238
million. Adjusted EBITDA was $309 million in the fourth quarter,
compared with $305 million in the prior quarter.
Jan 23, 2019 08:10 am ET
Market Trends Toward New Normal in Nu Skin Enterprises, Phillips 66 Partners LP, Hilton Worldwide, John Bean Technologies, JBG SMITH Properties, and YRC Worldwide — Emerging Consolidated Expectations,
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Nu Skin Enterprises, Inc. (NYSE:NUS), Phillips 66 Partners LP...
Jan 22, 2019 03:19 pm ET
Phillips 66 Partners Announces 5.4 Percent Increase in Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of
directors of its general partner declared a fourth-quarter 2018 cash
distribution of $0.835 per common unit. This quarter’s distribution
represents an increase of 5.4 percent over the previous quarterly
distribution of $0.792 per unit and a 23.2 percent increase over
fourth-quarter 2017. With this distribution increase, the partnership
has achieved its stated objective of a 30 percent compound annual
distribution growth rate from the fourth quarter of 2013 through 2018.
This
Jan 14, 2019 08:30 am ET
Phillips 66 Partners, Harvest Midstream, and PBF Logistics Announce Joint Development and Open Season for Crude Oil Pipeline in Louisiana
Phillips 66 Partners (NYSE: PSXP), Harvest Midstream Company, and PBF
Logistics LP (NYSE: PBFX) have entered into an agreement to jointly
develop the ACE Pipeline System. The ACE Pipeline System will provide
crude oil transportation service from the market hub in St. James,
Louisiana, to downstream refining destinations in Belle Chasse, Meraux,
and Chalmette, Louisiana. The pipeline system is expected to have an
initial throughput capacity of 400,000 barrels per day, with the ability
to expand further depending on shipper interest. The parties m
Jan 03, 2019 03:00 pm ET
Phillips 66 Partners to Announce Fourth-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) executive management will host a
conference call webcast at 2 p.m. EST on Friday, Feb. 8, to discuss the
partnership’s fourth-quarter 2018 financial results, which will be
released earlier that day, and provide an update on strategic
initiatives.
Dec 04, 2018 08:30 am ET
DCP Midstream’s Latest Expansion of Sand Hills Natural Gas Liquids Pipeline Now in Service
Today, DCP Midstream, LP (NYSE: DCP) announced that the newly expanded capacity of the Sand Hills natural gas liquids (NGL) pipeline was placed in service December 1, 2018. This most recent expansion of 45,000 barrels per day (bpd) brought the...
Nov 09, 2018 08:31 am ET
Phillips 66 Partners Announces Expansion Open Season for West Texas Service with the Gray Oak Pipeline
Phillips 66 Partners (NYSE: PSXP) announces that Gray Oak Pipeline, LLC
(“Gray Oak”) is launching a binding expansion open season to solicit
shipper commitments for services from West Texas. The expansion open
season will provide an opportunity for interested shippers to secure
long-term crude oil transportation with the Gray Oak Pipeline under
binding transportation services agreements.
Nov 02, 2018 11:22 am ET
Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® MLP High Income Index
DALLAS, Nov. 2, 2018 /PRNewswire/ -- Swank Capital, LLC and Cushing® Asset Management, LP announce an upcoming interim change to constituents of The Cushing® MLP High Income Index (the "Index"). Per the Index's methodology guide, a constituent change due to a distribution cut will take place on the latter of the distribution ex-date or the last business day of the week that is at least five business days after the day on which the announcement is made. Due to the November 2, 2018, distribution cut announcement by Buckeye Partners, L.P. (NYSE: BPL), after the market closes on November 9, 2018
Nov 01, 2018 07:25 am ET
Recent Analysis Shows Phillips 66 Partners LP, Reliance Steel & Aluminum, Universal Health Realty Income Trust, Altria Group, LPL Financial, and Universal Health Services Market Influences — Renewed O
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Phillips 66 Partners LP (NYSE:PSXP), Reliance Steel & Aluminum Co....
Oct 26, 2018 07:20 am ET
Phillips 66 Partners Reports Third-Quarter 2018 Earnings
Phillips 66 Partners LP (NYSE: PSXP) announces third-quarter 2018
earnings of $217 million, or $1.10 per diluted common unit. Cash from
operations was $255 million, and distributable cash flow was $218
million. Adjusted EBITDA was $305 million in the third quarter, compared
with $276 million in the prior quarter.
Oct 17, 2018 03:06 pm ET
Phillips 66 Partners Announces 5.3 Percent Increase in Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of
directors of its general partner declared a third-quarter 2018 cash
distribution of $0.792 per common unit. This quarter’s distribution
represents an increase of 5.3 percent over the previous quarterly
distribution of $0.752 per unit and a 22.6 percent increase over
third-quarter 2017. The distribution increase is consistent with
previous guidance that the partnership expects a 30 percent compound
annual distribution growth rate from the last quarter of 2013 through
2018. Th
Sep 28, 2018 07:45 am ET
Detailed Research: Economic Perspectives on PJT Partners, Piedmont Office Realty Trust, Enterprise Products Partners, Phillips 66 Partners LP, Hospitality Properties Trust, and Cheniere Energy Partner
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of PJT Partners Inc. (NYSE:PJT), Piedmont Office Realty Trust, Inc....
Sep 27, 2018 08:30 am ET
Phillips 66 Partners Announces Open Season for the Eagle Ford Segment of the Gray Oak Pipeline
Phillips 66 Partners (NYSE: PSXP) announced today that its subsidiary
Gray Oak Pipeline, LLC (Gray Oak) is commencing an open season for the
Eagle Ford segment of the Gray Oak Pipeline. Interested shippers will
have the opportunity to secure long-term crude oil transportation on the
Gray Oak Pipeline from the Helena Hub and Three Rivers terminal to the
Corpus Christi and Sweeny/Freeport markets under a binding
transportation services agreement. Gray Oak has received sufficient
binding volume commitments for the planned Eagle Ford pipeline segmen
Sep 20, 2018 02:00 pm ET
Phillips 66 Partners to Announce Third-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) executive management will host a
conference call webcast at 2 p.m. EDT on Friday, Oct. 26, to discuss the
partnership’s third-quarter 2018 financial results, which will be
released earlier that day, and provide an update on strategic
initiatives.
Jul 27, 2018 07:10 am ET
Phillips 66 Partners Reports Second-Quarter 2018 Earnings
Phillips 66 Partners LP (NYSE: PSXP) announces second-quarter 2018
earnings of $186 million, or $0.94 per diluted common unit. Cash from
operations was $226 million, and distributable cash flow was $204
million. Adjusted EBITDA was $276 million in the second quarter,
compared with $247 million in the prior quarter.
Jul 18, 2018 02:47 pm ET
Phillips 66 Partners Announces 5.3 Percent Increase in Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of
directors of its general partner declared a second-quarter 2018 cash
distribution of $0.752 per common unit. This quarter’s distribution
represents an increase of 5.3 percent over the previous quarterly
distribution of $0.714 per unit and a 22.3 percent increase over
second-quarter 2017. The distribution increase is consistent with
previous guidance that the partnership expects a 30 percent compound
annual distribution growth rate from the last quarter of 2013 through
2018.
Jun 22, 2018 07:30 am ET
Market Trends Toward New Normal in RCI Hospitality, Phillips 66 Partners LP, Acceleron Pharma, Destination Maternity, The RMR Group, and Cohen & Steers — Emerging Consolidated Expectations, Analyst Ra
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of RCI Hospitality Holdings, Inc. (NASDAQ:RICK), Phillips 66 Partners LP...
Jun 21, 2018 03:00 pm ET
Phillips 66 Partners to Announce Second-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) executive management will host a
conference call webcast at 2 p.m. EDT on Friday, July 27, to discuss the
partnership’s second-quarter 2018 financial results, which will be
released earlier that day, and provide an update on strategic
initiatives.
May 07, 2018 04:25 pm ET
DCP Midstream Announces Southern Hills NGL Pipeline Extension Into the DJ Basin Adding Takeaway Capacity via White Cliffs
Today, DCP Midstream, LP (NYSE:DCP) announced that the Southern Hills natural gas liquids (NGL) pipeline will connect the DJ Basin to Cushing, Oklahoma and beyond via the White Cliffs pipeline. SemGroup, the operator of White Cliffs, plans to...
May 03, 2018 08:20 am ET
New Research: Key Drivers of Growth for Hospitality Properties Trust, Shell Midstream Partners, Archrock, Phillips 66 Partners LP, Lantheus, and Kindred Healthcare — Factors of Influence, Major Initia
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Hospitality Properties Trust (NASDAQ:HPT), Shell Midstream Partners, L.P....
Apr 27, 2018 07:00 am ET
Phillips 66 Partners Reports First-Quarter 2018 Earnings
Phillips 66 Partners LP (NYSE: PSXP) announces first-quarter 2018
earnings of $172 million, or $0.87 per diluted common unit. Cash from
operations was $171 million, and distributable cash flow was $194
million. Adjusted EBITDA was $247 million in the first quarter, compared
with $254 million in the prior quarter.
Apr 24, 2018 05:05 pm ET
Buckeye Partners, L.P. Announces Agreement to Construct South Texas Gateway Terminal
Newly Formed Joint Venture to Provide World Scale Marine Terminal Solution for Growing U.S. Crude Oil Production
Apr 24, 2018 05:00 pm ET
Phillips 66 Partners to Construct West Texas Crude Oil Pipeline System, Hold Second Open Season
Phillips 66 Partners (NYSE: PSXP) announced that it has received
sufficient binding commitments on an initial open season to proceed with
construction of the Gray Oak Pipeline system. The Gray Oak Pipeline will
provide crude oil transportation from West Texas to destinations in the
Corpus Christi and Sweeny/Freeport markets. Origination stations will be
constructed in Reeves, Loving, Winkler, and Crane counties in West
Texas, as well as from locations in the Eagle Ford production area in
South Texas. The pipeline is expected to be placed in serv
Apr 18, 2018 03:23 pm ET
Phillips 66 Partners Announces 5 Percent Increase in Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of
directors of its general partner declared a first-quarter 2018 cash
distribution of $0.714 per common unit. This quarter’s distribution
represents an increase of 5 percent over the previous quarterly
distribution of $0.678 per unit and a 22 percent increase over
first-quarter 2017. The distribution increase is consistent with
previous guidance that the partnership expects a 30 percent compound
annual distribution growth rate from the last quarter of 2013 through
2018. This i
Mar 22, 2018 01:02 pm ET
Phillips 66 Partners to Announce First-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) executive management will host a
conference call webcast at 2 p.m. EDT on Friday, April 27, to discuss
the partnership’s first-quarter 2018 financial results, which will be
released earlier that day, and provide an update on strategic
initiatives.
Mar 20, 2018 08:15 am ET
Recent Analysis Shows Phillips 66 Partners LP, EQT GP Holdings, LP, Rice Midstream Partners LP, Stellus Capital Investment, Golden Entertainment, and American Assets Trust Market Influences — Renewed
NEW YORK, March 20, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Phillips 66 Partners LP (NYSE:PSXP), EQT...
Feb 23, 2018 01:05 pm ET
Phillips 66 Partners Files 2017 Form 10-K
Phillips 66 Partners LP (NYSE: PSXP) (“the Partnership”) has filed its
annual report on Form 10-K for the fiscal year ended Dec. 31, 2017, with
the Securities and Exchange Commission (SEC). The filing can be viewed
through the “Investors” area of the Partnership’s website at www.phillips66partners.com
by selecting the "
Feb 02, 2018 07:00 am ET
Phillips 66 Partners Reports Fourth-Quarter 2017 Earnings
Phillips 66 Partners LP (NYSE: PSXP) announces fourth-quarter 2017
earnings of $162 million, or $0.83 per diluted common unit. Cash from
operations was $238 million, and distributable cash flow was $172
million. Adjusted EBITDA was $254 million in the fourth quarter,
compared with $171 million in the third quarter.
Jan 18, 2018 08:00 am ET
New Research Coverage Highlights 8x8, Ambarella, C&J Energy Services, Phillips 66 Partners LP, Rice Midstream Partners LP, and Aircastle — Consolidated Revenues, Company Growth, and Expectations for 2
NEW YORK, Jan. 18, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of 8x8 Inc (NYSE:EGHT), Ambarella, Inc. (NASDAQ:AMBA),...
Jan 17, 2018 03:35 pm ET
Phillips 66 Partners Announces 5 Percent Increase in Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of
directors of its general partner declared a fourth-quarter 2017 cash
distribution of $0.678 per common unit. This quarter’s distribution
represents an increase of 5 percent over the previous quarterly
distribution of $0.646 per unit and a 22 percent increase over
fourth-quarter 2016. The distribution increase is consistent with
previous guidance that the partnership expects a 30 percent compound
annual distribution growth rate from the last quarter of 2013 through
2018. This
Dec 28, 2017 12:00 pm ET
Phillips 66 Partners to Announce Fourth-Quarter Financial Results
Phillips 66 Partners (NYSE: PSXP) executive management will host a
conference call webcast at 2 p.m. EST on Friday, Feb. 2, to discuss the
partnership’s fourth-quarter 2017 financial results, which will be
released earlier that day, and provide an update on strategic
initiatives.
Oct 27, 2017 07:00 am ET
Phillips 66 Partners Reports Third-Quarter Earnings
Phillips 66 Partners LP (NYSE: PSXP) announces third-quarter 2017
earnings of $99 million, or $0.51 per common unit. Cash from operations
was $152 million, and distributable cash flow was $136 million. Adjusted
EBITDA was $168 million in the third quarter, compared with $170 million
in the prior quarter.
Oct 18, 2017 03:12 pm ET
Phillips 66 Partners Announces 5 Percent Increase in Quarterly Cash Distribution
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of
directors of its general partner declared a third-quarter 2017 cash
distribution of $0.646 per common unit. This quarter’s distribution
represents an increase of 5 percent over the previous quarterly
distribution of $0.615 per unit and a 22 percent increase over
third-quarter 2016. The distribution increase is consistent with
previous guidance that the partnership expects a 30 percent compound
annual distribution growth rate from the last quarter of 2013 through
2018. This i
Oct 10, 2017 04:42 pm ET
Phillips 66 Partners Prices $650 Million Senior Notes Offering
Phillips 66 Partners LP (NYSE: PSXP) (the “Partnership”) today announced
that it has priced $500 million aggregate principal amount of 3.75
percent unsecured senior notes due 2028 (the “2028 notes”) and $150
million aggregate principal amount of 4.68 percent unsecured senior
notes due 2045 (the “new 2045 notes”) in an underwritten public offering
pursuant to an effective shelf registration statement on Form S-3
previously filed with the Securities and Exchange Commission (SEC). The
new 2045 notes are being offered as additional notes under an in
May 30, 2017 04:10 pm ET
DCP Midstream Announces Additional Large Scale Expansion of Sand Hills Natural Gas Liquids Pipeline
DENVER, May 30, 2017 (GLOBE NEWSWIRE) -- DCP Midstream, LP (NYSE:DCP) today announced an additional large scale expansion of the Sand Hills natural gas liquids (NGL) pipeline, with plans to initially spend $105 million towards long-lead equipment and right-of-way. In a phased approach, this expansion is designed to first increase capacity by 85 thousand barrels per day (MBpd) up to approximately 450 MBpd. This initial phase, when completed, is anticipated to include partial looping of the pipeline and the addition of seven new pump stations at an estimated total cost of $500 million. The exp...
Mar 11, 2016 08:30 am ET
Alerian Index Series March 2016 Index Review
DALLAS, March 11, 2016 /PRNewswire/ -- Alerian announced the results of the March quarterly review for the Alerian Index Series. All changes will be implemented as of the close of business on Friday, March 18, 2016.
Feb 23, 2016 09:00 am ET
Paradigm Energy Partners, LLC Closes Crude Oil Gathering Agreement with Major Producer in the Charlson Field of McKenzie County, North Dakota
IRVING, Texas, Feb. 23, 2016 /PRNewswire/ -- Paradigm Energy Partners, LLC ("Paradigm", the "Company") announced today that its wholly owned subsidiary, Paradigm Midstream Services – ND, LLC has successfully executed another substantial crude oil gathering agreement for Paradigm's Charlson Gathering System in the North Dakota Bakken Shale. Paradigm reached an agreement with XTO Energy Inc. ("XTO") to gather crude oil from XTO's Charlson Field in northern McKenzie County for delivery to the Keene Central Delivery Point ("Keene CDP"), Paradigm's 50/50 joint venture with Phillips 66 Partners LP
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