Phillips 66 Partners LP (PSXP) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 22, 2020
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Phillips 66 Partners LP (PSXP, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Phillips 66 Partners LP is engaged in transporting crude, natural gas liquids, and refined products. It mainly owns, operates, develops and acquires fee-based crude oil, refined petroleum product and natural gas liquids pipelines and terminals. Phillips 66 Partners LP has a market cap of $14.17 billion; its shares were traded at around $62.28 with a P/E ratio of 14.55 and P/S ratio of 8.48. The dividend yield of Phillips 66 Partners LP stocks is 5.52%. Phillips 66 Partners LP had annual average EBITDA growth of 30.10% over the past five years. GuruFocus has detected 5 severe warning signs with Phillips 66 Partners LP. .

For the last quarter Phillips 66 Partners LP reported a revenue of $291.0 million, compared with the revenue of $270.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.1 billion, an increase of 7.8% from last year. For the complete 30-year financial data, please go here.. For the last five years Phillips 66 Partners LP had an average revenue growth rate of 16.5% a year.

The reported diluted earnings per share was $4.29 for the year, an increase of 7.3% from previous year. Over the last five years Phillips 66 Partners LP had an EPS growth rate of 24% a year. The Phillips 66 Partners LP had a decent operating margin of 43.96%, compared with the operating margin of 45.45% a year before. The 10-year historical median operating margin of Phillips 66 Partners LP is 45.43%. The profitability rank of the company is 8 (out of 10).

At the current stock price of $62.28, Phillips 66 Partners LP is traded at 23.3% premium to its historical median P/S valuation band of $50.52. The P/S ratio of the stock is 8.48, while the historical median P/S ratio is 6.87. The stock gained 30.63% during the past 12 months.

For the complete 20-year historical financial data of PSXP, click here.