About PBF Logistics (NYSE:PBFX)
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 Transportation and Terminaling, and Storage segments. The company's assets include Delaware City rail unloading terminal, a light crude oil rail unloading terminal, which serves Delaware City and Paulsboro refineries; Toledo truck unloading Terminal, that serves Toledo refinery; Delaware City west heavy unloading rack, a heavy crude oil unloading facility, which serves Delaware City refinery; and a terminaling facility that consists of 27 propane storage bullets and a truck loading facility. Its storage facility consists of 30 tanks for storing crude oil, refined products, and intermediates. PBF Logistics GP LLC serves as the general partner of the partnership. The company was founded in 2012 and is based in Parsippany, New Jersey.
Industry, Sector and Symbol
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:PBFX
CUSIPN/A
Phone973-455-7500
Debt
Debt-to-Equity Ratio3.49%
Current Ratio2.15%
Quick Ratio2.15%
Price-To-Earnings
Trailing P/E Ratio9.35
Forward P/E Ratio9.27
P/E Growth2.45
Sales & Book Value
Annual Sales$254.81 million
Price / Sales3.34
Cash Flow$2.7732 per share
Price / Cash7.32
Book Value$3.75 per share
Price / Book5.41
Profitability
EPS (Most Recent Fiscal Year)$2.17
Net Income$100.28 million
Net Margins36.52%
Return on Equity60.45%
Return on Assets12.44%
Miscellaneous
Employees39
Outstanding Shares41,900,000
PBF Logistics (NYSE:PBFX) Frequently Asked Questions
What is PBF Logistics' stock symbol?
PBF Logistics trades on the New York Stock Exchange (NYSE) under the ticker symbol "PBFX."
How often does PBF Logistics pay dividends? What is the dividend yield for PBF Logistics?
PBF Logistics declared a quarterly dividend on Friday, February 16th. Stockholders of record on Wednesday, February 28th will be given a dividend of $0.485 per share on Wednesday, March 14th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 9.56%. The ex-dividend date of this dividend is Tuesday, February 27th. This is a positive change from PBF Logistics's previous quarterly dividend of $0.48. View PBF Logistics' Dividend History.
How were PBF Logistics' earnings last quarter?
PBF Logistics (NYSE:PBFX) announced its quarterly earnings results on Thursday, February, 15th. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.59 by $0.09. The pipeline company had revenue of $66.51 million for the quarter, compared to analyst estimates of $66.81 million. PBF Logistics had a net margin of 36.52% and a return on equity of 60.45%. The firm's quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.57 earnings per share. View PBF Logistics' Earnings History.
When is PBF Logistics' next earnings date?
What price target have analysts set for PBFX?
3 brokerages have issued 1-year target prices for PBF Logistics' stock. Their predictions range from $22.50 to $24.00. On average, they expect PBF Logistics' share price to reach $23.50 in the next year. View Analyst Ratings for PBF Logistics.
Who are some of PBF Logistics' key competitors?
Some companies that are related to PBF Logistics include Dril-Quip (DRQ), China Coal Energy (CCOZY), Paramount Resources (PRMRF), Select Energy Services (WTTR), Dominion Cove Point LNG (DM), NGL Energy Partners (NGL), Frank's International (FI), Mammoth Energy Services (TUSK), Superior Energy Services (SPN), Carrizo Oil & Gas (CRZO), Alliance Holdings GP (AHGP), Suburban Propane Partners (SPH), Forum Energy Technologies (FET), DistributionNOW (DNOW), Petroleum Geo-Services (PGSVY), Golar LNG Partners (GMLP), CNX Midstream Partners (CNXM) and Warrior Met Coal (HCC).
Who are PBF Logistics' key executives?
PBF Logistics' management team includes the folowing people:
- Mr. Thomas J. Nimbley, Chairman & CEO of PBF Logistics GP, LLC (Age 67)
- Mr. C. Erik Young, Sr. VP, CFO & Director of PBF Logistics GP LLC (Age 41)
- Ms. Trecia M. Canty, Sr. VP, Gen. Counsel & Sec. of PBF Logistics GP LLC (Age 48)
- Mr. Matthew C. Lucey, Exec. VP & Director of PBF Logistics GP, LLC (Age 45)
- Mr. Jeffrey Dill Esq., Assistant Sec. of PBF Logistics GP LLC and Pres of Western Region - PBF Logistics GP LLC (Age 57)
Has PBF Logistics been receiving favorable news coverage?
Media stories about PBFX stock have been trending somewhat positive recently, Accern reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. PBF Logistics earned a daily sentiment score of 0.13 on Accern's scale. They also gave press coverage about the pipeline company an impact score of 45.32 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
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, Scottrade, Fidelity and Charles Schwab.
What is PBF Logistics' stock price today?
One share of PBFX stock can currently be purchased for approximately $20.30.
How big of a company is PBF Logistics?
PBF Logistics has a market capitalization of $854.77 million and generates $254.81 million in revenue each year. The pipeline company earns $100.28 million in net income (profit) each year or $2.17 on an earnings per share basis. PBF Logistics employs 39 workers across the globe.
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]
MarketBeat Community Rating for PBF Logistics (PBFX)
MarketBeat's community ratings are surveys of what our community members think about PBF Logistics and other stocks. Vote "Outperform" if you believe PBFX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PBFX will underperform the S&P 500 over the long term. You may vote once every thirty days.
PBF Logistics (NYSE:PBFX) Dividend Information
PBF Logistics pays an annual dividend of $1.94 per share, with a dividend yield of 9.56%. PBFX's most recent quarterly dividend payment was Wednesday, March 14. The company has grown its dividend for the last 3 consecutive years and is increasing its dividend by an average of 59.30% each year. PBF Logistics pays out 89.40% of its earnings out as a dividend.
| Most Recent Dividend: | 3/14/2018 |
| Annual Dividend: | $1.94 |
| Dividend Yield: | 9.56% |
| Dividend Growth: | 59.30% (3 Year Average) |
| Payout Ratio: | 89.40% (Trailing 12 Months of Earnings)
88.58% (Based on This Year's Estimates)
84.35% (Based on Next Year's Estimates)
|
| Track Record: | 3 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
PBF Logistics (NYSE:PBFX) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/16/2018 | quarterly | $0.4850 | 9.37% | 2/27/2018 | 2/28/2018 | 3/14/2018 |
| 11/3/2017 | quarterly | $0.48 | 9.37% | 11/10/2017 | 11/13/2017 | 11/29/2017 |
| 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)
PBF Logistics (NYSE PBFX) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 35.35%
PBF Logistics (NYSE PBFX) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/5/2017 | Bruce A Jones | Director | Buy | 820 | $19.65 | $16,113.00 | 10,539 |  |
| 5/31/2017 | Bruce A Jones | Director | Buy | 750 | $19.42 | $14,565.00 | 9,719 | |
| 6/29/2016 | Bruce A Jones | Director | Buy | 400 | $22.75 | $9,100.00 | 7,271 | |
| 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)
PBF Logistics (NYSE PBFX) News Headlines
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PBF Logistics (NYSE:PBFX) SEC Filings
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PBF Logistics (NYSE:PBFX) Income Statement, Balance Sheet and Cash Flow Statement
PBF Logistics (NYSE PBFX) Stock Chart for Thursday, April, 19, 2018
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