Phillips 66 Partners is a limited partnership, which owns, operates, develops and acquires primarily fee-based midstream assets. Co. is engaged in providing fee-based transportation, terminaling, processing, storage and fractionation services. Co.'s equity affiliates is engaged in transporting and terminaling crude oil, refined petroleum products and natural gas liquids. The PSXP stock yearly return is shown above.
The yearly return on the PSXP stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2019 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the PSXP annual return calculation with any dividends reinvested as applicable (on ex-dates).
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