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NYSE:PBFXPBF Logistics Stock Price, Forecast & News

$10.40
+0.15 (+1.46 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$9.70
Now: $10.40
$10.41
50-Day Range
$5.88
MA: $8.31
$11.15
52-Week Range
$3.06
Now: $10.40
$22.00
Volume961,234 shs
Average Volume552,869 shs
Market Capitalization$648.44 million
P/E Ratio5.45
Dividend Yield11.54%
Beta1.67
PBF Logistics LP owns, leases, acquires, develops, and operates crude oil and refined petroleum products terminals, pipelines, storage facilities, and other logistics assets in the United States. It operates through two segments, Transportation and Terminaling; and Storage. The company's assets include Delaware City Refining Company LLC (DCR) rail terminal, a double loop track with ancillary pumping and unloading equipment; the Toledo Truck Terminal, a crude truck unloading terminal; the DCR West Rack, a heavy crude oil rail unloading facility at the Delaware city refinery; the Toledo storage facility, which includes a propane storage and loading facility; the DCR products pipeline, an interstate petroleum products pipeline; the DCR Truck Rack, a truck loading rack; the San Joaquin Valley pipeline system and Paulsboro natural gas pipeline; and Knoxville Terminals, which consists of two refined product terminals located in Knoxville, Tennessee. It engages in the receiving, handling, storage, and transferring of crude oil, refined products, natural gas, and intermediates. PBF Logistics GP LLC serves as the general partner of PBF Logistics LP. The company was founded in 2012 and is headquartered in Parsippany, New Jersey. PBF Logistics LP is a subsidiary of PBF Energy Inc.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.0Dividend Strength: 4.2Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.63 out of 5 stars


Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
CUSIPN/A
Phone973-455-7500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$340.21 million
Cash Flow$2.52 per share
Book Value$1.74 per share

Profitability

Net Income$100.29 million

Miscellaneous

Employees82
Market Cap$648.44 million
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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PBF Logistics (NYSE:PBFX) Frequently Asked Questions

How has PBF Logistics' stock been impacted by COVID-19 (Coronavirus)?

PBF Logistics' stock was trading at $11.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PBFX shares have decreased by 5.5% and is now trading at $10.40. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of PBF Logistics?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PBF Logistics in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for PBF Logistics.

When is PBF Logistics' next earnings date?

PBF Logistics is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for PBF Logistics.

How were PBF Logistics' earnings last quarter?

PBF Logistics LP (NYSE:PBFX) announced its earnings results on Friday, May, 15th. The pipeline company reported $0.59 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.48 by $0.11. The pipeline company earned $93.03 million during the quarter, compared to analyst estimates of $88.82 million. PBF Logistics had a net margin of 33.22% and a return on equity of 113.76%. View PBF Logistics' earnings history.

How often does PBF Logistics pay dividends? What is the dividend yield for PBF Logistics?

PBF Logistics declared a quarterly dividend on Monday, May 18th. Shareholders of record on Wednesday, May 27th will be paid a dividend of $0.30 per share on Wednesday, June 17th. This represents a $1.20 annualized dividend and a dividend yield of 11.54%. The ex-dividend date of this dividend is Tuesday, May 26th. View PBF Logistics' dividend history.

What price target have analysts set for PBFX?

4 analysts have issued 1-year price targets for PBF Logistics' stock. Their forecasts range from $10.00 to $13.50. On average, they expect PBF Logistics' share price to reach $12.17 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price. View analysts' price targets for PBF Logistics.

Has PBF Logistics been receiving favorable news coverage?

Media coverage about PBFX stock has been trending negative on Monday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. PBF Logistics earned a daily sentiment score of -2.6 on InfoTrie's scale. They also assigned media headlines about the pipeline company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutPBF Logistics.

Are investors shorting PBF Logistics?

PBF Logistics saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 157,500 shares, a decline of 5.5% from the April 30th total of 166,600 shares. Based on an average trading volume of 465,900 shares, the short-interest ratio is currently 0.3 days. Currently, 0.7% of the company's stock are sold short. View PBF Logistics' Current Options Chain.

Who are some of PBF Logistics' key competitors?

What other stocks do shareholders of PBF Logistics own?

Who are PBF Logistics' key executives?

PBF Logistics' management team includes the following people:
  • Mr. Thomas J. Nimbley, Chairman & CEO of PBF Logistics GP, LLC (Age 68)
  • Mr. Matthew C. Lucey, Exec. VP & Director of PBF Logistics GP, LLC (Age 46)
  • Mr. C. Erik Young, Sr. VP, CFO & Director of PBF Logistics GP LLC (Age 42)
  • Ms. Trecia M. Canty, Sr. VP, Gen. Counsel & Sec. of PBF Logistics GP LLC (Age 49)
  • Mr. Timothy Paul Davis, Assistant Sec. of PBF Logistics GP, LLC (Age 57)

What is PBF Logistics' stock symbol?

PBF Logistics trades on the New York Stock Exchange (NYSE) under the ticker symbol "PBFX."

Who are PBF Logistics' major shareholders?

PBF Logistics' stock is owned by many different retail and institutional investors. Top institutional investors include Clearbridge Investments LLC (4.92%), Tortoise Capital Advisors L.L.C. (2.99%), Morgan Stanley (2.17%), Morgan Stanley (2.16%), JPMorgan Chase & Co. (1.52%) and UBS Group AG (1.14%). Company insiders that own PBF Logistics stock include Bruce A Jones, Carso SA De CV Inversora, David Roush and Karen Berriman Davis. View institutional ownership trends for PBF Logistics.

Which major investors are selling PBF Logistics stock?

PBFX stock was sold by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Clearbridge Investments LLC, UBS Group AG, GSA Capital Partners LLP, M&T Bank Corp, Citigroup Inc., and First Trust Advisors LP. View insider buying and selling activity for PBF Logistics.

Which major investors are buying PBF Logistics stock?

PBFX stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Harvest Fund Advisors LLC, Wells Fargo & Company MN, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, JPMorgan Chase & Co., Avalon Investment & Advisory, and Vident Investment Advisory LLC. Company insiders that have bought PBF Logistics stock in the last two years include Bruce A Jones, Carso SA De CV Inversora, David Roush, and Karen Berriman Davis. View insider buying and selling activity for PBF Logistics.

How do I buy shares of PBF Logistics?

Shares of PBFX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is PBF Logistics' stock price today?

One share of PBFX stock can currently be purchased for approximately $10.40.

How big of a company is PBF Logistics?

PBF Logistics has a market capitalization of $648.44 million and generates $340.21 million in revenue each year. The pipeline company earns $100.29 million in net income (profit) each year or $1.99 on an earnings per share basis. PBF Logistics employs 82 workers across the globe.

What is PBF Logistics' official website?

The official website for PBF Logistics is www.pbflogistics.com.

How can I contact PBF Logistics?

PBF Logistics' mailing address is ONE SYLVAN WAY SECOND FLOOR, PARSIPPANY NJ, 07054. The pipeline company can be reached via phone at 973-455-7500 or via email at [email protected]

This page was last updated on 6/1/2020 by MarketBeat.com Staff

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