Phillips 66, Energy Transfer and Sunoco Logistics Form Joint Venture to Construct Crude Oil Pipeline from Nederland, Texas, to Louisiana Refinery Market

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Go back to Phillips 66, Energy Transfer and Sunoco Logistics Form Joint Venture to Construct Crude Oil Pipeline from Nederland, Texas, to Louisiana Refinery Market

Phillips 66 Partners (PSXP) Tops Q2 EPS by 6c

July 31, 2015 8:47 AM EDT

Phillips 66 Partners (NYSE: PSXP) reported Q2 EPS of $0.50, $0.06 better than the analyst estimate of $0.44. Revenue for the quarter came in at $83.8 million versus the consensus estimate of $82.71 million.

For earnings history and earnings-related data on Phillips 66 Partners (PSXP) click here.

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Phillips 66 (PSX), Energy Transfer (ETP), Sunoco Logistics (SXL) Form JV for Bayou Bridge Pipeline

July 31, 2015 7:59 AM EDT

Phillips 66 (NYSE: PSX), Energy Transfer Partners, L.P. (NYSE: ETP) and Sunoco Logistics Partners L.P. (NYSE: SXL) announced that they have formed a joint venture to construct the Bayou Bridge pipeline that will deliver crude oil from the Phillips 66 and Sunoco Logistics terminals in Nederland, Texas, to Lake Charles, Louisiana. The joint venture will also launch an expansion open season for service to the market hub in St. James, Louisiana. Phillips 66 holds a 40 percent interest in the joint venture and Energy... More