April 28, 2017 / 11:20 AM / 3 months ago

BRIEF-Phillips 66 Partners Q1 earnings per share $0.60

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April 28 (Reuters) - Phillips 66 Partners Lp:

* Phillips 66 Partners reports first-quarter earnings

* Q1 earnings per share $0.60

* Phillips 66 Partners Lp- increased quarterly distribution by 5 percent to $0.586 per common unit

* Qtrly total revenues and other income $ 234 million versus. $228 million in Q4

* Q1 earnings per share view $0.64, revenue view $224.6 million -- Thomson Reuters I/B/E/S

* Phillips 66 Partners Lp- stack project is expected to increase capacity by 150,000 BPD, with completion anticipated by end of 2017 Source text for Eikon: Further company coverage:

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