Phillips 66 Partners (PSXP +30.6%) flies past $30/share after selling stock in its IPO at $23...

|About: Phillips 66 Partners LP (PSXP)|By:, SA News Editor

Phillips 66 Partners (PSXP +30.6%) flies past $30/share after selling stock in its IPO at $23 each (which itself was raised from earlier guidance of $19-$21). Phillips 66 (PSX +2.5%) remains an owner of more than 70% of the spinoff.