Phillips 66 Partners LP IPO Advisory
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Company |
Symbol |
Price Range |
Issue Price |
Open |
Shares |
Trade Date |
Phillips 66 Partners LP | PSXP - NYSE |
Priced at $23.00 |
$23.00 |
$28.98 | 16.4 million | 7/23/2013 |
J.P. Morgan, Morgan Stanley |
Co-Manager(s): BofA Merrill Lynch, Barclays, Credit Suisse, Deutsche Bank Securities, Citigroup, RBC Capital Markets, RBS, DNB Markets, Mitsubishi UFJ Securities, Mizuho Securities, PNC Capital Markets |
Energy |
Filing(s): Filed 2013-03-27
|
For IPO Boutique's "scale of 1 to 5" BUY rating on Phillips 66 Partners LP, and our comprehensive analysis, click "Buy Market Research".
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About Phillips 66 Partners LP (adapted from Phillips 66 Partners LP prospectus):
They are a growth-oriented, traditional master limited partnership recently formed by Phillips 66 to own, operate, develop and acquire primarily fee-based crude oil, refined petroleum product and natural gas liquids pipelines and terminals and other transportation and midstream assets.
This description is adapted from prospectus. This description is not intended to be a recommendation to buy stock from this company. To see the company's full description, view their prospectus.
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