Phillips 66 Partners LP (PSXP) : During the past 4 weeks, traders have been relatively bearish on Phillips 66 Partners LP (PSXP), hence the stock is down -2.83% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.34% relative to the S&P 500. The 4-week change in the price of the stock is -4.8% and the stock has fallen -3.83% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.96% and the 50-Day Moving Average is 7.94%.The 200 Day SMA reached 14.12% Phillips 66 Partners LP has dropped 11.44% during the last 3-month period . Year-to-Date the stock performance stands at -21.46%.
Phillips 66 Partners LP (PSXP) : Currently there are 9 street experts covering Phillips 66 Partners LP (PSXP) stock. The most bullish and bearish price target for the stock is $75 and $54 respectively for the short term. The average price target of all the analysts comes to $63.11. The estimated standard deviation from the target is $5.71.
For the current week, the company shares have a recommendation consensus of Buy. Phillips 66 Partners LP (NYSE:PSXP): stock was range-bound between the intraday low of $46.97 and the intraday high of $47.78 after having opened at $47 on Fridays session. The stock finally closed in the red at $47, a loss of -0.86%. The stock remained in the red for the whole trading day. The total traded volume was 942,797 shares. The stock failed to cross $47.78 in Fridays trading. The stocks closing price on Thursday was $47.
Phillips 66 Partners LP owns, operates, develops and acquires fee-based crude oil, refined petroleum product and natural gas liquids (NGL) pipelines, terminals and other transportation and midstream assets. The Companys assets consist of crude oil and refined petroleum product pipeline, terminal, rail rack and storage systems in the Central, Gulf Coast, Atlantic Basin and Western regions of the United States. Its assets also consists of systems, which include Clifton Ridge Crude System, Sweeny to Pasadena Products System, Hartford Connector Products System, Gold Line Products System, Medford Spheres, Bayway Rail Rack, Ferndale Rail Rack, Cross-Channel Connector Project, Palermo Rail Terminal Project and Eagle Ford Gathering System Project. Phillips 66, through Phillips 66 Company, owns 20,938,498 common units and 35,217,112 subordinated units, representing an aggregate 73.3% limited partner interest, and a 100% interest in Phillips 66 Partners GP LLC (the Companys General Partner).