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Phillips 66 Partners LP is an oil & gas midstream business based in the US. Phillips 66 Partners shares (PSXP) are listed on the NYSE and all prices are listed in US Dollars.
|Latest market close||USD$28.51|
|52-week range||USD$17.4509 - USD$58.2492|
|50-day moving average||USD$28.2367|
|200-day moving average||USD$26.8767|
|Wall St. target price||USD$32.59|
|Dividend yield||USD$3.5 (11.37%)|
|Earnings per share (TTM)||USD$3.889|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-11)||N/A|
|1 month (2020-12-18)||N/A|
|3 months (2020-10-18)||N/A|
|6 months (2020-07-18)||N/A|
|1 year (2020-01-18)||N/A|
|2 years (2019-01-18)||N/A|
|3 years (2018-01-18)||N/A|
|5 years (2016-01-18)||N/A|
Valuing Phillips 66 Partners stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Phillips 66 Partners's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Phillips 66 Partners's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Phillips 66 Partners shares trade at around 8x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Phillips 66 Partners's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 15.817. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Phillips 66 Partners's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Phillips 66 Partners's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$612 million.
The EBITDA is a measure of a Phillips 66 Partners's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$1.1 billion|
|Operating margin TTM||45.49%|
|Gross profit TTM||USD$721 million|
|Return on assets TTM||4.18%|
|Return on equity TTM||31.94%|
|Market capitalisation||USD$7 billion|
TTM: trailing 12 months
There are currently 2.5 million Phillips 66 Partners shares held short by investors – that's known as Phillips 66 Partners's "short interest". This figure is 43.6% up from 1.7 million last month.
There are a few different ways that this level of interest in shorting Phillips 66 Partners shares can be evaluated.
Phillips 66 Partners's "short interest ratio" (SIR) is the quantity of Phillips 66 Partners shares currently shorted divided by the average quantity of Phillips 66 Partners shares traded daily (recently around 795902.58899676). Phillips 66 Partners's SIR currently stands at 3.09. In other words for every 100,000 Phillips 66 Partners shares traded daily on the market, roughly 3090 shares are currently held short.
However Phillips 66 Partners's short interest can also be evaluated against the total number of Phillips 66 Partners shares, or, against the total number of tradable Phillips 66 Partners shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Phillips 66 Partners's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Phillips 66 Partners shares in existence, roughly 10 shares are currently held short) or 0.0421% of the tradable shares (for every 100,000 tradable Phillips 66 Partners shares, roughly 42 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Phillips 66 Partners.
Find out more about how you can short Phillips 66 Partners stock.
Dividend payout ratio: 89.97% of net profits
Recently Phillips 66 Partners has paid out, on average, around 89.97% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 11.37% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Phillips 66 Partners shareholders could enjoy a 11.37% return on their shares, in the form of dividend payments. In Phillips 66 Partners's case, that would currently equate to about $3.5 per share.
Phillips 66 Partners's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Phillips 66 Partners's most recent dividend payout was on 13 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 29 October 2020 (the "ex-dividend date").
Over the last 12 months, Phillips 66 Partners's shares have ranged in value from as little as $17.4509 up to $58.2492. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Phillips 66 Partners's is 1.0982. This would suggest that Phillips 66 Partners's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Phillips 66 Partners LP owns, operates, develops, and acquires midstream assets. It offers transportation, terminaling, processing, and storage and fractionation of refined petroleum products and natural gas liquids. The company was founded in 2013 and is headquartered in Houston, Texas. Phillips 66 Partners LP operates as a subsidiary of Phillips 66.
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