Chickasaw Capital Management Llc decreased Phillips 66 Partners Lp (PSXP) stake by 2.73% reported in 2017Q2 SEC filing. Chickasaw Capital Management Llc sold 82,820 shares as Phillips 66 Partners Lp (PSXP)’s stock declined 5.80%. The Chickasaw Capital Management Llc holds 2.95M shares with $145.63M value, down from 3.03 million last quarter. Phillips 66 Partners Lp now has $5.68B valuation. The stock increased 1.59% or $0.73 during the last trading session, reaching $46.74. About 134,437 shares traded. Phillips 66 Partners LP (NYSE:PSXP) has declined 0.26% since December 8, 2016 and is downtrending. It has underperformed by 16.96% the S&P500.
Among 8 analysts covering Whitecap Resources Inc. (TSE:WCP), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Whitecap Resources Inc. had 34 analyst reports since July 21, 2015 according to SRatingsIntel. Scotia Capital maintained Whitecap Resources Inc. (TSE:WCP) rating on Friday, January 6. Scotia Capital has “Outperform” rating and $14.50 target. The stock has “Equal Weight” rating by Barclays Capital on Wednesday, January 20. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, January 14. IBC maintained the stock with “Outperform” rating in Tuesday, December 5 report. The company was maintained on Wednesday, March 8 by TD Securities. The firm has “Buy” rating given on Thursday, November 3 by TD Securities. On Friday, July 8 the stock rating was initiated by IBC with “Outperform”. As per Thursday, November 3, the company rating was maintained by Scotia Capital. Raymond James maintained Whitecap Resources Inc. (TSE:WCP) rating on Monday, June 6. Raymond James has “” rating and $13 target. See Whitecap Resources Inc. (TSE:WCP) latest ratings:
05/12/2017 Broker: BMO Capital Markets Rating: Outperform Old Target: $12.50 New Target: $13.00 Target Up
05/12/2017 Broker: IBC Rating: Outperform New Target: $12.50 Maintain
05/12/2017 Broker: TD Securities Rating: Buy Old Target: $12.00 New Target: $13.00 Target Up
13/10/2017 Broker: National Bank Canada Rating: Outperform Old Target: $12.00 New Target: $11.50 Target Down
23/06/2017 Broker: National Bank Canada Rating: Old Target: $13.50 New Target: $12.00 Target Down
It closed at $8.64 lastly. It is down 0.00% since December 8, 2016 and is . It has underperformed by 16.70% the S&P500.
Whitecap Resources Inc. acquires, explores for, develops, and produces natural gas and crude oil properties in the Western Canada Sedimentary Basin. The company has market cap of $3.20 billion. The Company’s principal properties are located in West Central Alberta, Southwest Saskatchewan, Northwest Alberta and British Columbia, and West Central Saskatchewan. It has a 10.6 P/E ratio. As of December 31, 2016, the firm had 4,260 net wells.
Chickasaw Capital Management Llc increased Plains Gp Holdings stake by 314,691 shares to 7.47M valued at $195.54 million in 2017Q2. It also upped Western Gas Equity Partners Lp (NYSE:WGP) stake by 24,540 shares and now owns 5.11M shares. Roche Holding Ltd Sp Adr (RHHBY) was raised too.
Among 15 analysts covering Phillips 66 Partners (NYSE:PSXP), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. Phillips 66 Partners had 41 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Phillips 66 Partners LP (NYSE:PSXP) has “Buy” rating given on Monday, September 25 by Stifel Nicolaus. The firm earned “Buy” rating on Sunday, October 1 by RBC Capital Markets. The stock of Phillips 66 Partners LP (NYSE:PSXP) has “Buy” rating given on Monday, October 30 by Stifel Nicolaus. As per Thursday, December 15, the company rating was downgraded by Goldman Sachs. Wells Fargo downgraded Phillips 66 Partners LP (NYSE:PSXP) on Tuesday, May 3 to “Market Perform” rating. The firm has “Overweight” rating by Barclays Capital given on Monday, October 30. The rating was maintained by Jefferies with “Hold” on Monday, October 16. Stifel Nicolaus maintained it with “Buy” rating and $61.0 target in Thursday, September 7 report. The stock of Phillips 66 Partners LP (NYSE:PSXP) earned “Buy” rating by Barclays Capital on Tuesday, July 18. Morgan Stanley initiated the stock with “Overweight” rating in Thursday, February 25 report.
Analysts await Phillips 66 Partners LP (NYSE:PSXP) to report earnings on February, 2. They expect $0.89 earnings per share, up 36.92% or $0.24 from last year’s $0.65 per share. PSXP’s profit will be $108.16M for 13.13 P/E if the $0.89 EPS becomes a reality. After $0.51 actual earnings per share reported by Phillips 66 Partners LP for the previous quarter, Wall Street now forecasts 74.51% EPS growth.
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