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Phillips 66 Partners Reports Fourth-Quarter 2019 Earnings

HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP (NYSE: PSXP) announces fourth-quarter 2019 earnings of $255 million, or $1.06 per diluted common unit. Cash from operations was $259 million, and distributable cash flow was $254 million. Adjusted EBITDA was $345 million in the fourth quarter, compared with $323 million in the prior quarter.