About PBF Logistics LP (NYSE:PBFX)
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
- Market Cap: $829.46 million
- Outstanding Shares: 41,892,000
- 50 Day Moving Avg: $20.90
- 200 Day Moving Avg: $20.45
- 52 Week Range: $17.45 - $22.70
Sales & Book Value:
- Trailing P/E Ratio: 8.96
- Foreward P/E Ratio: 8.15
- P/E Growth: -33.78
- Annual Revenue: $232.93 million
- Price / Sales: 3.56
- Book Value: ($0.56) per share
- Price / Book: -35.36
- Annual Dividend: $1.88
- Dividend Yield: 9.5%
- EBITDA: $156.03 million
- Net Margins: 39.25%
- Return on Equity: 62.40%
- Return on Assets: 12.25%
- Debt-to-Equity Ratio: 3.54%
- Current Ratio: 1.32%
- Quick Ratio: 1.32%
- Average Volume: 121,120 shs.
- Beta: 1.3
- 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. Stockholders of record on Tuesday, August 15th will be given a dividend of $0.47 per share on Thursday, August 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 9.49%. The ex-dividend date is Friday, August 11th. This is a boost 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) posted its quarterly earnings results on Thursday, August, 3rd. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by $0.09. The firm earned $62.30 million during the quarter, compared to the consensus estimate of $58.69 million. PBF Logistics LP had a return on equity of 62.40% and a net margin of 39.25%. The firm's revenue was up 53.1% on a year-over-year basis. During the same period in the previous 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 brokerages have issued 1-year target prices for PBF Logistics LP's shares. Their forecasts range from $24.00 to $24.00. On average, they expect PBF Logistics LP's share 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 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), Rose Rock Midstream LP (RRMS) and World Point Terminals LP (WPT).
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
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?
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.
One share of PBF Logistics LP stock can currently be purchased for approximately $19.80.
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 (21.21% upside)|Consensus Price Target History for PBF Logistics LP (NYSE:PBFX)
Analysts' Ratings History for PBF Logistics LP (NYSE:PBFX)
(Data available from 10/23/2015 forward)
|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|
Earnings History for PBF Logistics LP (NYSE:PBFX)Earnings History by Quarter for PBF Logistics LP (NYSE PBFX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|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|
Earnings Estimates for PBF Logistics LP (NYSE:PBFX)
Current Year EPS Consensus Estimate: $2.2 EPS
Next Year EPS Consensus Estimate: $2.43 EPS
Current Dividend Information for PBF Logistics LP (NYSE:PBFX)
|Most Recent Dividend:||8/31/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||89.10% (Trailing 12 Months of Earnings) |
85.45% (Based on This Year's Estimates)
77.37% (Based on Next Year's Estimates)
|Track Record:||2 Years of Consecutive Dividend Growth|
Dividend History by Quarter for PBF Logistics LP (NYSE PBFX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
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)
(Data available from 1/1/2013 forward)
|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|| |
Headline Trends for PBF Logistics LP (NYSE:PBFX)
Latest Headlines for PBF Logistics LP (NYSE:PBFX)
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PBF Logistics LP (PBFX) Chart for Monday, October, 23, 2017