Phillips 66 Partners Reports Second-Quarter 2020 Financial Results

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Phillips 66 Partners (PSXP) Tops Q2 EPS by 31c, Revenues Beat

July 31, 2020 7:11 AM EDT

Phillips 66 Partners (NYSE: PSXP) reported Q2 EPS of $1.05, $0.31 better than the analyst estimate of $0.74. Revenue for the quarter came in at $430 million versus the consensus estimate of $365.82 million.

Reported earnings of $255 million and adjusted EBITDA of $269 millionAnnounced quarterly distribution of $0.875 per... More