Phillips 66 Partners Reports First-Quarter Earnings

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Wells Fargo Downgrades Phillips 66 Partners (PSXP) to Market Perform

May 3, 2016 8:24 AM EDT

Wells Fargo downgraded Phillips 66 Partners (NYSE: PSXP) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on Phillips 66 Partners click here. For more ratings news on Phillips 66 Partners click here.

Shares of Phillips 66 Partners closed at $56.42 yesterday.

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Phillips 66 Partners (PSXP) Misses Q1 EPS by 14c

April 29, 2016 7:05 AM EDT

Phillips 66 Partners (NYSE: PSXP) reported Q1 EPS of $0.44, $0.14 worse than the analyst estimate of $0.58. Revenue for the quarter came in at $121.2 million versus the consensus estimate of $102.3 million.

Strategic Update

The Partnership continues to make progress on its organic growth projects. In... More