Phillips 66 Partners LP (Phillips 66 Partners LP) Momentum Rank : 0 (As of May. 05, 2024)

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What is Phillips 66 Partners LP Momentum Rank?

Phillips 66 Partners LP has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Phillips 66 Partners LP Momentum Rank Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Phillips 66 Partners LP (NYSE:PSXP) » Definitions » Momentum Rank

Comparable Companies

TCP DCP AM PAGP ENBL ETRN NS HEP VNOM FRO TSX:ENB EPD TSX:TRP KMI WMB ET MPLX CQP OKE TSX:PPL

Traded in Other Exchanges

N/A

Address

2331 CityWest Boulevard, Houston, TX, USA, 77042

Website

https://www.phillips66partners.com

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