PBF Logistics LP owns or leases, operates, develops and acquires crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets. The Company operates through two segments: Transportation and Terminaling, and Storage. The Transportation and Terminaling segment consists of various assets, including Delaware City Rail Unloading Terminal (DCR Rail Terminal), Toledo Truck Unloading Terminal (Toledo Truck Terminal), Delaware City West Heavy Unloading Rack (the DCR West Rack), East Coast Terminals and Torrance Valley Pipeline. The Storage Segment includes the Toledo Storage Facility, excluding the propane truck loading facility. The storage facility at its Toledo Storage Facility consisted of 30 tanks for storing crude oil, refined products and intermediates, as of December 31, 2016. PBF Logistics GP LLC (PBF GP) is its general partner. PBF GP is owned by PBF Energy Company LLC (PBF LLC).
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Transportation Services
- Sub-Industry: N/A
- Symbol: NYSE:PBFX
- CUSIP: N/A
- Web: www.pbflogistics.com
Capitalization:- Market Cap: $875.54 million
- Outstanding Shares: 41,892,000
Average Prices:- 50 Day Moving Avg: $21.24
- 200 Day Moving Avg: $20.53
- 52 Week Range: $17.45 - $22.70
P/E:- Trailing P/E Ratio: 9.48
- Foreward P/E Ratio: 8.26
- P/E Growth: -33.52
Sales & Book Value:- Annual Revenue: $232.93 million
- Price / Sales: 3.76
- Book Value: ($0.56) per share
- Price / Book: -37.32
Dividend:- Annual Dividend: $1.88
- Dividend Yield: 8.9%
Profitability:- EBIDTA: $156.03 million
- Net Margins: 39.25%
- Return on Equity: 62.40%
- Return on Assets: 12.25%
Debt:- Debt-to-Equity Ratio: 3.54%
- Current Ratio: 1.32%
- Quick Ratio: 1.32%
Misc:- Average Volume: 127,539 shs.
- Beta: 1.32
- Short Ratio: 3.22
Frequently Asked Questions for PBF Logistics LP (NYSE:PBFX)
What is PBF Logistics LP's stock symbol?
PBF Logistics LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "PBFX."
How often does PBF Logistics LP pay dividends? What is the dividend yield for PBF Logistics LP?
PBF Logistics LP announced a quarterly dividend on Thursday, August 3rd. Investors of record on Tuesday, August 15th will be paid a dividend of $0.47 per share on Thursday, August 31st. This represents a $1.88 annualized dividend and a dividend yield of 9.00%. The ex-dividend date of this dividend is Friday, August 11th. This is a positive change from PBF Logistics LP's previous quarterly dividend of $0.46. View PBF Logistics LP's Dividend History.
How were PBF Logistics LP's earnings last quarter?
PBF Logistics LP (NYSE:PBFX) announced its earnings results on Thursday, August, 3rd. The company reported $0.49 EPS for the quarter, missing the Zacks' consensus estimate of $0.58 by $0.09. The company had revenue of $62.30 million for the quarter, compared to the consensus estimate of $58.69 million. PBF Logistics LP had a net margin of 39.25% and a return on equity of 62.40%. PBF Logistics LP's revenue was up 53.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.41 earnings per share. View PBF Logistics LP's Earnings History.
When will PBF Logistics LP make its next earnings announcement?
Where is PBF Logistics LP's stock going? Where will PBF Logistics LP's stock price be in 2017?
1 analysts have issued 12 month price objectives for PBF Logistics LP's shares. Their forecasts range from $24.00 to $24.00. On average, they anticipate PBF Logistics LP's stock price to reach $24.00 in the next year. View Analyst Ratings for PBF Logistics LP.
Who are some of PBF Logistics LP's key competitors?
Some companies that are related to PBF Logistics LP include Tallgrass Energy GP, LP (TEGP), Summit Midstream Partners, LP (SMLP), Western Refining Logistics, LP (WNRL), Ship Finance International Limited (SFL), Enbridge Energy Management LLC (EEQ), Crestwood Midstream Partners LP (CMLP), Frontline (FRO), VTTI Energy Partners LP (VTTI), Delek Logistics Partners, L.P. (DKL), Teekay Offshore Partners L.P. (TOO), Teekay Tankers (TNK), Blueknight Energy Partners L.P., L.L.C. (BKEP), Southcross Energy Partners, L.P. (SXE), Columbia Pipeline Group (CPGX), Columbia Pipeline Partners LP (CPPL), Penntex Midstream Partners LP (PTXP), QEP Midstream Partners LP (QEPM) and Rose Rock Midstream LP (RRMS).
Who are PBF Logistics LP's key executives?
PBF Logistics LP's management team includes the folowing people:
- Thomas J. Nimbley, Chief Executive Officer, Director of PBF Logistics GP LLC
- Charles Erik Young, Chief Financial Officer, Senior Vice President, Director of PBF Logistics GP LLC
- Matthew C. Lucey, Executive Vice President, Director of PBF Logistics GP LLC
- Trecia M. Canty, Senior Vice President, General Counsel, Secretary of PBF Logistics GP LLC
- Michael D. Gayda, Director of PBF Logistics GP LLC
- Bruce A. Jones, Independent Director of PBF Logistics GP LLC
- George E. Ogden, Independent Director of PBF Logistics GP LLC
- David L. Roush, Independent Director of PBF Logistics GP LLC
Who owns PBF Logistics LP stock?
PBF Logistics LP's stock is owned by a number of of retail and institutional investors. Top institutional investors include Goldman Sachs Group Inc. (4.97%), Kayne Anderson Capital Advisors LP (3.98%), Center Coast Capital Advisors LP (3.68%), Advisory Research Inc. (2.47%), Bamco Inc. NY (1.91%) and Atlantic Trust Group LLC (1.63%). View Institutional Ownership Trends for PBF Logistics LP.
Who sold PBF Logistics LP stock? Who is selling PBF Logistics LP stock?
PBF Logistics LP's stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Ameriprise Financial Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Center Coast Capital Advisors LP, Citigroup Inc., Atlantic Trust Group LLC, ELCO Management Co. LLC and Royal Bank of Canada. View Insider Buying and Selling for PBF Logistics LP.
Who bought PBF Logistics LP stock? Who is buying PBF Logistics LP stock?
PBF Logistics LP's stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Marshall Wace North America L.P., JPMorgan Chase & Co., Wells Fargo & Company MN, Global X Management Co. LLC, NBW Capital LLC, Fort Washington Investment Advisors Inc. OH and GSA Capital Partners LLP. View Insider Buying and Selling for PBF Logistics LP.
How do I buy PBF Logistics LP stock?
Shares of PBF Logistics LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is PBF Logistics LP's stock price today?
One share of PBF Logistics LP stock can currently be purchased for approximately $20.90.
MarketBeat Community Rating for PBF Logistics LP (NYSE PBFX)MarketBeat's community ratings are surveys of what our community members think about PBF Logistics LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for PBF Logistics LP (NYSE:PBFX) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $24.00 (14.83% upside) |
Analysts' Ratings History for PBF Logistics LP (NYSE:PBFX)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/5/2017 | Credit Suisse Group | Set Price Target | Hold | $24.00 | Medium |  |
| 4/20/2016 | Raymond James Financial, Inc. | Initiated Coverage | Outperform | $21.00 | N/A | |
| 2/13/2016 | Barclays PLC | Reiterated Rating | Hold | | N/A | |
(Data available from 9/22/2015 forward)
Earnings History for PBF Logistics LP (NYSE:PBFX)Earnings History by Quarter for PBF Logistics LP (NYSE PBFX)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/2/2017 | | $0.58 | | | | | N/A | |
| 8/3/2017 | Q2 2017 | $0.58 | $0.49 | $58.69 million | $62.30 million | View | Listen | |
| 5/4/2017 | Q1 2017 | $0.56 | $0.55 | $58.23 million | $60.50 million | View | Listen | |
| 2/16/2017 | Q416 | $0.52 | $0.57 | $48.82 million | $61.69 million | View | N/A | |
| 10/28/2016 | Q316 | $0.52 | $0.50 | $41.98 million | $48.43 million | View | Listen | |
| 7/29/2016 | Q216 | $0.51 | $0.41 | $38.61 million | $40.66 million | View | Listen | |
| 4/28/2016 | Q116 | $0.46 | $0.53 | $35.67 million | $36.55 million | View | Listen | |
| 2/11/2016 | Q415 | $0.53 | $0.50 | $36.29 million | $37.30 million | View | Listen | |
| 10/29/2015 | Q315 | $0.54 | $0.59 | $35.50 million | $37.00 million | View | Listen | |
| 7/30/2015 | Q215 | $0.42 | $0.58 | $29.96 million | $34.90 million | View | Listen | |
| 4/30/2015 | Q414 | $0.47 | $0.51 | $29.07 million | $30.57 million | View | N/A | |
| 2/12/2015 | Q414 | $0.43 | $0.47 | $21.74 million | $27.30 million | View | N/A | |
| 10/30/2014 | Q314 | $0.33 | $0.31 | $14.88 million | $14.74 million | View | N/A | |
| 8/1/2014 | Q214 | $0.34 | $0.17 | $14.30 million | $7.70 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for PBF Logistics LP (NYSE:PBFX)Current Year EPS Consensus Estimate: $2.32 EPS
Next Year EPS Consensus Estimate: $2.53 EPS
Current Dividend Information for PBF Logistics LP (NYSE:PBFX)| Most Recent Dividend: | 8/31/2017 |
| Annual Dividend: | $1.88 |
| Dividend Yield: | 9.00% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 89.10% (Trailing 12 Months of Earnings)
81.03% (Based on This Year's Estimates)
74.31% (Based on Next Year's Estimates)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
Dividend History by Quarter for PBF Logistics LP (NYSE PBFX)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/3/2017 | quarterly | $0.47 | 9% | 8/11/2017 | 8/15/2017 | 8/31/2017 |
| 5/4/2017 | quarterly | $0.46 | 8.82% | 5/12/2017 | 5/16/2017 | 5/31/2017 |
| 2/16/2017 | quarterly | $0.45 | 8.59% | 2/23/2017 | 2/27/2017 | 3/13/2017 |
| 10/28/2016 | quarterly | $0.44 | 8.91% | 11/4/2016 | 11/8/2016 | 11/22/2016 |
| 7/29/2016 | Quarterly | $0.43 | | 8/5/2016 | 8/9/2016 | 8/23/2016 |
| 4/29/2016 | quarterly | $0.42 | 7.8% | 5/11/2016 | 5/13/2016 | 5/31/2016 |
| 2/11/2016 | quarterly | $0.41 | 9.8% | 2/18/2016 | 2/22/2016 | 3/8/2016 |
| 10/30/2015 | quarterly | $0.39 | 7.48% | 11/10/2015 | 11/13/2015 | 11/30/2015 |
| 7/31/2015 | quarterly | $0.37 | 6.46% | 8/12/2015 | 8/14/2015 | 8/31/2015 |
| 5/1/2015 | quarterly | $0.35 | 5.77% | 5/13/2015 | 5/15/2015 | 5/29/2015 |
| 2/12/2015 | quarterly | $0.33 | 5.88% | 2/19/2015 | 2/23/2015 | 3/4/2015 |
| 10/30/2014 | quarterly | $0.30 | 4.87% | 11/12/2014 | 11/14/2014 | 11/28/2014 |
| 8/1/2014 | quarterly | $0.16 | | 8/13/2014 | 8/15/2014 | 8/29/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for PBF Logistics LP (NYSE:PBFX)Institutional Ownership Percentage: 42.47%
Insider Trades by Quarter for PBF Logistics LP (NYSE:PBFX)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/31/2017 | Bruce A Jones | Director | Buy | 750 | $19.42 | $14,565.00 | |
| 6/29/2016 | Bruce A Jones | Director | Buy | 400 | $22.75 | $9,100.00 | |
| 11/18/2014 | Jeffrey Dill | SVP | Buy | 1,000 | $24.57 | $24,570.00 | |
| 11/7/2014 | Malley Thomas D O | Director | Buy | 39,872 | $25.85 | $1,030,691.20 | |
| 11/5/2014 | Malley Thomas D O | Director | Buy | 52,215 | $24.15 | $1,260,992.25 | |
| 8/7/2014 | Malley Thomas D O | Director | Buy | 10,000 | $24.20 | $242,000.00 | |
| 5/14/2014 | C Erik Young | CFO | Buy | 1,200 | $23.00 | $27,600.00 | |
| 5/14/2014 | James E Fedena | SVP | Buy | 50,000 | $23.00 | $1,150,000.00 | |
| 5/14/2014 | Karen Berriman Davis | CAO | Buy | 5,000 | $23.00 | $115,000.00 | |
| 5/14/2014 | Malley Thomas D O | Director | Buy | 478,261 | $23.00 | $11,000,003.00 | |
| 5/14/2014 | Matthew C Lucey | EVP | Buy | 7,500 | $23.00 | $172,500.00 | |
| 5/14/2014 | Michael D Gayda | President | Buy | 25,000 | $23.00 | $575,000.00 | |
| 5/14/2014 | Thomas J Nimbley | CEO | Buy | 100,000 | $23.00 | $2,300,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for PBF Logistics LP (NYSE:PBFX)
Latest Headlines for PBF Logistics LP (NYSE:PBFX)
| Source: |
|
| Date | Headline |
|---|
 | PBF Logistics LP (PBFX) Downgraded by BidaskClub to Hold
www.americanbankingnews.com - September 22 at 1:22 PM |
 | Is PBF Logistics LP’s (PBFX) PE Ratio A Signal To Buy For Investors?
finance.yahoo.com - September 20 at 7:33 AM |
| PBF Logistics to Release Third Quarter 2017 Earnings Results
finance.yahoo.com - September 20 at 7:33 AM |
| PBF Energy to Release Third Quarter 2017 Earnings Results
finance.yahoo.com - September 20 at 7:33 AM |
| PBF Logistics LP : PBFX-US: Dividend Analysis : August 15th, 2017 (record date) : By the numbers : September 14, 2017
finance.yahoo.com - September 15 at 7:23 AM |
| PBF Logistics LP (PBFX) Downgraded to Buy at BidaskClub
www.americanbankingnews.com - September 10 at 8:10 AM |
| Comparing PBF Logistics (PBFX) & Teekay Tankers (TNK)
www.americanbankingnews.com - September 3 at 10:10 AM |
| PBF Energy to Participate in the Barclays CEO Energy-Power Conference
finance.yahoo.com - September 2 at 7:17 AM |
| BidaskClub Upgrades PBF Logistics LP (PBFX) to Strong-Buy
www.americanbankingnews.com - August 30 at 11:36 AM |
 | In A Return To The U.S. Energy Sector, Mexican Tycoon Carlos Slim Buys Stake In PBF Logistics
www.forbes.com - August 24 at 10:52 AM |
| Comparing EnLink Midstream (ENLC) and PBF Logistics (PBFX)
www.americanbankingnews.com - August 15 at 8:30 PM |
| PBF Logistics to attend Citi Infrastructure Conference
finance.yahoo.com - August 15 at 6:04 AM |
| PBF Logistics LP (PBFX) Given a $24.00 Price Target by Credit Suisse Group Analysts
www.americanbankingnews.com - August 6 at 8:56 AM |
| Investor Network: PBF Logistics LP to Host Earnings Call
finance.yahoo.com - August 4 at 6:50 AM |
| Edited Transcript of PBFX earnings conference call or presentation 3-Aug-17 3:00pm GMT
finance.yahoo.com - August 4 at 6:50 AM |
| PBF Logistics misses 2Q profit forecasts
finance.yahoo.com - August 4 at 6:50 AM |
| PBF Logistics LP (PBFX) Increases Dividend to $0.47 Per Share
www.americanbankingnews.com - August 3 at 5:46 PM |
| PBF Logistics Increases Quarterly Distribution to $0.47 per Unit and Announces Second Quarter 2017 Earnings Results
finance.yahoo.com - August 3 at 6:44 AM |
| PBF Energy Reports Second Quarter 2017 Results, Declares Dividend of $0.30 Per Share
finance.yahoo.com - August 3 at 6:44 AM |
| PBF Logistics LP – Value Analysis (NYSE:PBFX) : July 31, 2017
finance.yahoo.com - August 1 at 1:08 AM |
| PBF Logistics LP (NYSE:PBFX) Set to Announce Quarterly Earnings on Thursday
www.americanbankingnews.com - July 27 at 2:39 PM |
| PBF Logistics LP breached its 50 day moving average in a Bullish Manner : PBFX-US : July 17, 2017
finance.yahoo.com - July 17 at 9:05 AM |
| PBF Logistics LP (NYSE:PBFX) Rating Increased to Buy at ValuEngine
www.americanbankingnews.com - July 8 at 10:52 PM |
| PBF Logistics to Release Second Quarter 2017 Earnings Results
finance.yahoo.com - June 23 at 7:45 PM |
| PBF Energy to Release Second Quarter 2017 Earnings Results
finance.yahoo.com - June 23 at 7:45 PM |
| PBF Energy to Attend J.P. Morgan Energy Conference
finance.yahoo.com - June 23 at 7:45 PM |
| Critical Survey: PBF Logistics (PBFX) vs. Mplx Lp (MPLX)
www.americanbankingnews.com - June 17 at 10:26 PM |
| PBF Logistics LP (PBFX) Downgraded by ValuEngine
www.americanbankingnews.com - June 17 at 12:32 AM |
| PBF Energy to Attend Wells Fargo Energy Conference
finance.yahoo.com - June 16 at 8:09 PM |
| Insider Buying: PBF Logistics LP (PBFX) Director Acquires 750 Shares of Stock
www.americanbankingnews.com - June 2 at 4:58 PM |
| PBF Logistics LP (PBFX) Rating Increased to C at TheStreet
www.americanbankingnews.com - June 1 at 2:56 PM |
| PBF Logistics LP :PBFX-US: Earnings Analysis: Q1, 2017 By the Numbers : May 30, 2017
finance.yahoo.com - May 30 at 9:55 AM |
| PBF Energy Announces Expiration and Results of Cash Tender Offer by PBF Holding for Any and All of its Outstanding 8.25% Senior Secured Notes due 2020
finance.yahoo.com - May 26 at 8:21 PM |
| PBF Logistics to attend MLPA 2017 Investor Conference
finance.yahoo.com - May 26 at 5:43 AM |
 | PBF Energy Announces Cash Tender Offer by PBF Holding Company for Any and All ...
www.prnewswire.com - May 22 at 6:18 PM |
| PBF Energy Announces Pricing of $725 Million of 7.25% Senior Notes due 2025
finance.yahoo.com - May 22 at 6:18 PM |
| PBF Logistics LP (PBFX) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 14 at 8:58 PM |
| PBF Logistics LP : PBFX-US: Dividend Analysis : May 16th, 2017 (record date) : By the numbers : May 12, 2017
finance.yahoo.com - May 12 at 7:51 PM |
| Edited Transcript of PBFX earnings conference call or presentation 4-May-17 3:00pm GMT
finance.yahoo.com - May 8 at 12:07 PM |
| PBF Logistics LP (PBFX) Declares $0.46 Dividend
www.americanbankingnews.com - May 7 at 9:44 AM |
| PBF Logistics LP (PBFX) Announces Quarterly Earnings Results, Beats Estimates By $0.03 EPS
www.americanbankingnews.com - May 4 at 7:38 PM |
| PBF Energy Reports First Quarter 2017 Results, Declares Dividend of $0.30 Per Share
finance.yahoo.com - May 4 at 8:05 AM |
| PBF Logistics Increases Quarterly Distribution to $0.46 per Unit and Announces First Quarter 2017 Earnings Results
finance.yahoo.com - May 4 at 8:05 AM |
| PBF Logistics misses 1Q profit forecasts
finance.yahoo.com - May 4 at 8:05 AM |
| PBF Logistics (PBFX) Earning Somewhat Positive Press Coverage, Report Finds
www.americanbankingnews.com - May 3 at 6:10 PM |
| Energy Transfer Partners (ETP) and Sunoco Complete Merger
finance.yahoo.com - May 2 at 4:55 PM |
| Occidental Petroleum (OXY) Q1 Earnings: What's in Store?
finance.yahoo.com - May 2 at 10:59 AM |
| PBF Logistics (PBFX) Receiving Positive News Coverage, Study Finds
www.americanbankingnews.com - April 29 at 12:56 AM |
| PBF Logistics (PBFX) Receiving Positive Press Coverage, Study Shows
www.americanbankingnews.com - April 24 at 3:22 PM |
| PBF Logistics (PBFX) Getting Somewhat Critical Press Coverage, Report Shows
www.americanbankingnews.com - April 21 at 9:26 PM |
PBF Logistics LP (PBFX) Chart for Friday, September, 22, 2017
