PBF Logistics LP Company Profile (NYSE:PBFX)

About PBF Logistics LP (NYSE:PBFX)

PBF Logistics LP logoPBF 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: $829.46 million
  • Outstanding Shares: 41,892,000
Average Prices:
  • 50 Day Moving Avg: $20.90
  • 200 Day Moving Avg: $20.45
  • 52 Week Range: $17.45 - $22.70
P/E:
  • Trailing P/E Ratio: 8.96
  • Foreward P/E Ratio: 8.15
  • P/E Growth: -33.78
Sales & Book Value:
  • Annual Revenue: $232.93 million
  • Price / Sales: 3.56
  • Book Value: ($0.56) per share
  • Price / Book: -35.36
Dividend:
  • Annual Dividend: $1.88
  • Dividend Yield: 9.5%
Profitability:
  • EBITDA: $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: 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?

PBF Logistics LP is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for PBF Logistics LP.

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?

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?

One share of PBF Logistics LP stock can currently be purchased for approximately $19.80.


MarketBeat Community Rating for PBF Logistics LP (NYSE PBFX)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  115 (Vote Outperform)
Underperform Votes:  131 (Vote Underperform)
Total Votes:  246
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.

Analyst Ratings

Consensus Ratings for PBF Logistics LP (NYSE:PBFX) (How are Consensus Ratings Calculated?)
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)
Price Target History for PBF Logistics LP (NYSE:PBFX)
Analysts' Ratings History for PBF Logistics LP (NYSE:PBFX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/5/2017Credit Suisse GroupSet Price TargetHold$24.00MediumView Rating Details
4/20/2016Raymond James Financial, Inc.Initiated CoverageOutperform$21.00N/AView Rating Details
2/13/2016Barclays PLCReiterated RatingHoldN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for PBF Logistics LP (NYSE:PBFX)
Earnings by Quarter for PBF Logistics LP (NYSE:PBFX)
Earnings History by Quarter for PBF Logistics LP (NYSE PBFX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$0.58N/AView Earnings Details
8/3/2017Q2 2017$0.58$0.49$58.69 million$62.30 millionViewListenView Earnings Details
5/4/2017Q1 2017$0.56$0.55$58.23 million$60.50 millionViewListenView Earnings Details
2/16/2017Q416$0.52$0.57$48.82 million$61.69 millionViewN/AView Earnings Details
10/28/2016Q316$0.52$0.50$41.98 million$48.43 millionViewListenView Earnings Details
7/29/2016Q216$0.51$0.41$38.61 million$40.66 millionViewListenView Earnings Details
4/28/2016Q116$0.46$0.53$35.67 million$36.55 millionViewListenView Earnings Details
2/11/2016Q415$0.53$0.50$36.29 million$37.30 millionViewListenView Earnings Details
10/29/2015Q315$0.54$0.59$35.50 million$37.00 millionViewListenView Earnings Details
7/30/2015Q215$0.42$0.58$29.96 million$34.90 millionViewListenView Earnings Details
4/30/2015Q414$0.47$0.51$29.07 million$30.57 millionViewN/AView Earnings Details
2/12/2015Q414$0.43$0.47$21.74 million$27.30 millionViewN/AView Earnings Details
10/30/2014Q314$0.33$0.31$14.88 million$14.74 millionViewN/AView Earnings Details
8/1/2014Q214$0.34$0.17$14.30 million$7.70 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for PBF Logistics LP (NYSE:PBFX)
Current Year EPS Consensus Estimate: $2.2 EPS
Next Year EPS Consensus Estimate: $2.43 EPS

Dividends

Current Dividend Information for PBF Logistics LP (NYSE:PBFX)
Most Recent Dividend:8/31/2017
Annual Dividend:$1.88
Dividend Yield:9.49%
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 Payments by Quarter for PBF Logistics LP (NYSE:PBFX)

Dividend History by Quarter for PBF Logistics LP (NYSE PBFX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2017quarterly$0.479%8/11/20178/15/20178/31/2017
5/4/2017quarterly$0.468.82%5/12/20175/16/20175/31/2017
2/16/2017quarterly$0.458.59%2/23/20172/27/20173/13/2017
10/28/2016quarterly$0.448.91%11/4/201611/8/201611/22/2016
7/29/2016Quarterly$0.438/5/20168/9/20168/23/2016
4/29/2016quarterly$0.427.8%5/11/20165/13/20165/31/2016
2/11/2016quarterly$0.419.8%2/18/20162/22/20163/8/2016
10/30/2015quarterly$0.397.48%11/10/201511/13/201511/30/2015
7/31/2015quarterly$0.376.46%8/12/20158/14/20158/31/2015
5/1/2015quarterly$0.355.77%5/13/20155/15/20155/29/2015
2/12/2015quarterly$0.335.88%2/19/20152/23/20153/4/2015
10/30/2014quarterly$0.304.87%11/12/201411/14/201411/28/2014
8/1/2014quarterly$0.168/13/20148/15/20148/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

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)
Institutional Ownership by Quarter for PBF Logistics LP (NYSE:PBFX)
Insider Trades by Quarter for PBF Logistics LP (NYSE:PBFX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/31/2017Bruce A JonesDirectorBuy750$19.42$14,565.00View SEC Filing  
6/29/2016Bruce A JonesDirectorBuy400$22.75$9,100.00View SEC Filing  
11/18/2014Jeffrey DillSVPBuy1,000$24.57$24,570.00View SEC Filing  
11/7/2014Malley Thomas D ODirectorBuy39,872$25.85$1,030,691.20View SEC Filing  
11/5/2014Malley Thomas D ODirectorBuy52,215$24.15$1,260,992.25View SEC Filing  
8/7/2014Malley Thomas D ODirectorBuy10,000$24.20$242,000.00View SEC Filing  
5/14/2014C Erik YoungCFOBuy1,200$23.00$27,600.00View SEC Filing  
5/14/2014James E FedenaSVPBuy50,000$23.00$1,150,000.00View SEC Filing  
5/14/2014Karen Berriman DavisCAOBuy5,000$23.00$115,000.00View SEC Filing  
5/14/2014Malley Thomas D ODirectorBuy478,261$23.00$11,000,003.00View SEC Filing  
5/14/2014Matthew C LuceyEVPBuy7,500$23.00$172,500.00View SEC Filing  
5/14/2014Michael D GaydaPresidentBuy25,000$23.00$575,000.00View SEC Filing  
5/14/2014Thomas J NimbleyCEOBuy100,000$23.00$2,300,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for PBF Logistics LP (NYSE:PBFX)
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Chart

PBF Logistics LP (PBFX) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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