Phillips 66 Partners Declares Quarterly Cash Distribution
01/18/2022 - 04:30 PM
HOUSTON --(BUSINESS WIRE)--
Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a fourth-quarter 2021 cash distribution of $0.87 5 per common unit. The quarterly distribution is payable Feb. 14, 2022 , to unitholders of record as of Jan. 31, 2022 .
About Phillips 66 Partners
Headquartered in Houston , Phillips 66 Partners is a master limited partnership formed by Phillips 66 to own, operate, develop and acquire primarily fee-based crude oil, refined petroleum products and natural gas liquids pipelines, terminals and other midstream assets. For more information, visit www.phillips66partners.com .
TAX CONSIDERATIONS
This release is intended to be a qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100% of Phillips 66 Partners LP’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Phillips 66 Partners LP’s distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate. Nominees, and not Phillips 66 Partners LP , are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors.
View source version on businesswire.com : https://www.businesswire.com/news/home/20220118005921/en/
Jeff Dietert (investors)
832-765-2297
jeff.dietert@p66.com
Shannon Holy (investors)
832-765-2297
shannon.m.holy@p66.com
Thaddeus Herrick (media)
855-841-2368
thaddeus.f.herrick@p66.com
Source: Phillips 66 Partners LP
PSX Rankings
#1564 Ranked by Stock Gains
PSX Stock Data
Industry
Petroleum Refineries
Sector
Manufacturing
Tags
Energy Minerals, Oil Refining/Marketing, Manufacturing, Petroleum Refineries
Country
US
City
Houston
About PSX
safety. honor. commitment. we are phillips 66, and we manufacture energy products you use every day. we refine and market petroleum products, such as gasoline, diesel, jet fuel and lubricants; gather and process natural gas and natural gas liquids (ngl) for powering businesses, heating homes, cooking and electricity; and manufacture petrochemicals, polymers and plastics found in cars, electronics, and other everyday goods. through financial strength and safe, reliable operations, we are delivering on a business strategy to enhance returns, grow the company, increase distributions to shareholders and build a highperforming team. we are phillips 66, and with our partners and suppliers, we create jobs. we have 14,000 colleagues in america and around the world. together we’re building a company founded on safety, honor and commitment. safety. we protect each other, our environment, and our communities. honor. we stand behind our word, and you can count on us to do the right