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Phillips 66 Partners LP (Phillips 66 Partners LP) Price-to-Free-Cash-Flow : 11.39 (As of May. 05, 2024)


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What is Phillips 66 Partners LP Price-to-Free-Cash-Flow?

As of today (2024-05-05), Phillips 66 Partners LP's share price is $42.01. Phillips 66 Partners LP's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2021 was $3.69. Hence, Phillips 66 Partners LP's Price-to-Free-Cash-Flow Ratio for today is 11.39.

The historical rank and industry rank for Phillips 66 Partners LP's Price-to-Free-Cash-Flow or its related term are showing as below:

PSXP' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 9.42   Med: 26.7   Max: 180.4
Current: 11.39

During the past 11 years, Phillips 66 Partners LP's highest Price-to-Free-Cash-Flow Ratio was 180.40. The lowest was 9.42. And the median was 26.70.

PSXP's Price-to-Free-Cash-Flow is not ranked
in the Oil & Gas industry.
Industry Median: 10.18 vs PSXP: 11.39

Phillips 66 Partners LP's Free Cash Flow per Share for the three months ended in Dec. 2021 was $0.85. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $3.69.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Phillips 66 Partners LP was 1882.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 48.50% per year.

During the past 11 years, Phillips 66 Partners LP's highest 3-Year average Free Cash Flow per Share Growth Rate was 48.50% per year. The lowest was -58.20% per year. And the median was 23.40% per year.


Phillips 66 Partners LP Price-to-Free-Cash-Flow Historical Data

The historical data trend for Phillips 66 Partners LP's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Phillips 66 Partners LP Price-to-Free-Cash-Flow Chart

Phillips 66 Partners LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.61 37.36 - 141.99 9.78

Phillips 66 Partners LP Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 141.99 46.44 17.32 11.70 9.78

Competitive Comparison of Phillips 66 Partners LP's Price-to-Free-Cash-Flow

For the Oil & Gas Midstream subindustry, Phillips 66 Partners LP's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Phillips 66 Partners LP's Price-to-Free-Cash-Flow Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Phillips 66 Partners LP's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Phillips 66 Partners LP's Price-to-Free-Cash-Flow falls into.



Phillips 66 Partners LP Price-to-Free-Cash-Flow Calculation

Phillips 66 Partners LP's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=42.01/3.688
=11.39

Phillips 66 Partners LP's Share Price of today is $42.01.
Phillips 66 Partners LP's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.69.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Phillips 66 Partners LP  (NYSE:PSXP) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Phillips 66 Partners LP Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Phillips 66 Partners LP's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Phillips 66 Partners LP (Phillips 66 Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
2331 CityWest Boulevard, Houston, TX, USA, 77042
Phillips 66 Partners is a master limited partnership that provides fee-based transportation, processing, storage, and fractionation services primarily to Phillips 66, which owns a 74% limited partner interest. Phillips 66 Partners' primary revenue sources are long-term, fee-based contracts to handle crude, natural gas liquids, and refined products. Phillips 66 manages and operates Phillips 66 Partners as its noneconomic general partner. Phillips 66's general partner economic interest and incentive distribution rights were eliminated in August 2019.
Executives
Mark Haney director 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Phillip David Bairrington director C/O PHILLIPS 66 CORPORATE LEGAL, N13 2331 CITYWEST BLVD. HOUSTON TX 77042
Paula Ann Johnson director 600 N. DAIRY ASHFORD, HOUSTON TX 77079
Charles Douglas Johnson director 600 N. DAIRY ASHFORD, HOUSTON TX 77079
66 Phillips director, 10 percent owner 2331 CITYWEST BLVD., HOUSTON TX 77042
Phillips 66 Co director, 10 percent owner 2331 CITYWEST BLVD., HOUSTON TX 77042
Phillips 66 Project Development Inc. director, 10 percent owner P.O. BOX 4428, HOUSTON TX 77210
Kevin J Mitchell director, officer: Vice President & CFO 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Rosy Zuklic officer: VP & Chief Operating Officer 2331 CITYWEST BLVD. HOUSTON TX 77042
Gary Kramer Adams director 15624 BUMBLE BEE LANE, ROGERS AR 72758
Timothy Garth Taylor director, officer: President P.O. BOX 268836, OKLAHOMA CITY OK 73102
Timothy D. Roberts director C/O PHILLIPS 66 PARTNERS LP, 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Chukwuemeka A. Oyolu officer: Vice President & Controller 3010 BRIARPARK DRIVE, HOUSTON TX 77042
J. T. Liberti officer: VP and Chief Operating Officer 3010 BRIARPARK DRIVE HOUSTON TX 77042
Robert A Herman director 3010 BRIARPARK DRIVE, 9TH FLOOR, HOUSTON TX 77042

Phillips 66 Partners LP (Phillips 66 Partners LP) Headlines