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Phillips 66 Partners Revenue Chart
$51.43 $0.35 (0.68%) PSXP stock closing price Sep 19, 2018 (Closing)
The latest 2018-Q2 Phillips 66 Partners revenue is 354M. Compare Phillips 66 Partners revenue chart with Targa Resources revenue, Western Gas revenue.
PSXP Revenue Chart
You can do annual as well as quarterly comparisons of Phillips 66 Partners LP net sales with its competitor companies like Targa Resources, Western Gas. Over the 5 year period Phillips 66 Partners revenue in 2017 was highest at 1.17B. In the latest quarter, PSXP revenue 2018-Q2 has changed from 355M to 354M implying a decrease of 0.28%.
Phillips 66 Partners Quarterly Revenue
* Past 5 years Range
|Max PSXP Revenue||$355M||Mar, 2018|
|Min PSXP Revenue||$29.6M||Sep, 2013|
Phillips 66 Partners Annual Revenue
* Past 5 years Range
|Max PSXP Revenue||$1.17B||Dec, 2017|
|Min PSXP Revenue||$106.8M||Dec, 2013|
Phillips 66 Partners Annual Revenue VS Peers
|Phillips 66 Partners Revenue||$1.17B||$873M||$348.1M||$229.1M||$106.8M|
|Targa Resources Revenue||$8.81B||$6.69B||$6.66B||$8.62B||$6.56B|
|Western Gas Revenue||$2.25B||$1.8B||$1.56B||$1.27B||$1.05B|
|Plains All American Pipeline Revenue||$26.22B||$20.18B||$23.15B||$43.46B||$42.25B|
|Holly Energy Revenue||$454.36M||$402.04M||$358.87M||$332.54M||$305.18M|
|Rose Rock Midstream Revenue||----||----||$844.71M||$1.29B||$766.52M|
Phillips 66 Partners Stock Articles
Phillips 66 Partners News
Revenue, Sales, Turnover or net sales basically describes the Dollar value of transactions that result in incomes to a business as a result of business or operating activities during a specific period of time. Most often, this number is reported on a quarterly or annual basis. Since this features right at the top of an income statement, or profit and loss statement, also known as the statement of operations, the line item is also known as the ‘top line’ for a company. Other commonly used phrases include gross income and income from operations under IFRS. When you deduct expenses, costs and overheads, you arrive at the profit figure. For instance, when you net off Phillips 66 Partners revenue with Phillips 66 Partners expenses, the figure that you arrive at will be Phillips 66 Partners profit. This profit is also known as the bottom line due to its proximity to the bottom on the income statement. Growing top line numbers are a sign of financial health. That said, sales cannot be viewed on a standalone basis without considering profits, because ultimately, businesses are run with the aim of making profits after covering costs. Revenue can be calculated in two ways based on the type of accounting followed: accrual accounting or cashflow accounting. It’s a good exercise to to compare Phillips 66 Partners revenue with that of its peers. For instance, you can compare Targa Resources topline, with Western Gas topline, Nustar Energy topline, etc to assess how the company is doing with respect to its peers.