Phillips 66 (PSX) to Acquire Phillips 66 Partners (PSXP) for $3.4B

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Go back to Phillips 66 (PSX) to Acquire Phillips 66 Partners (PSXP) for $3.4B

Phillips 66 Partners (PSXP) Tops Q3 EPS by 5c

October 29, 2021 7:21 AM EDT

Phillips 66 Partners (NYSE: PSXP) reported Q3 EPS of $1.00, $0.05 better than the analyst estimate of $0.95. Revenue for the quarter came in at $452 million versus the consensus estimate of $419.65 million.

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

... More

Phillips 66 Partners (PSXP) PT Raised to $41 at Mizuho Securities

October 27, 2021 10:51 AM EDT

Mizuho Securities analyst Gabriel Moreen raised the price target on Phillips 66 Partners (NYSE: PSXP) to $41.00 while maintaining a Neutral rating.

The analyst commented, "This morning, PSX (Silvio Micheloto, $100PT, Buy) announced it would acquire all outstanding PSXP common units not already... More