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 - NEC
- Sub-Industry: N/A
- Symbol: NYSE:PBFX
- CUSIP: N/A
- Web: www.pbflogistics.com
Capitalization:- Market Cap: $807.78 million
- Outstanding Shares: 41,854,000
Average Prices:- 50 Day Moving Avg: $19.90
- 200 Day Moving Avg: $20.12
- 52 Week Range: $17.45 - $23.27
P/E:- Trailing P/E Ratio: 9.05
- Foreward P/E Ratio: 8.43
- P/E Growth: -33.07
Sales & Book Value:- Annual Revenue: $211.26 million
- Price / Sales: 3.82
- Book Value: ($0.69) per share
- Price / Book: -27.97
Dividend:- Annual Dividend: $1.84
- Dividend Yield: 9.8%
Profitability:- EBIDTA: $143.09 million
- Net Margins: 40.93%
- Return on Equity: 112.48%
- Return on Assets: 12.85%
Debt:- Debt-to-Equity Ratio: 3.52%
- Current Ratio: 1.84%
- Quick Ratio: 1.84%
Misc:- Average Volume: 71,794 shs.
- Beta: 1.33
- Short Ratio: 4.66
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, May 4th. Shareholders of record on Tuesday, May 16th will be given a dividend of $0.46 per share on Wednesday, May 31st. This represents a $1.84 annualized dividend and a yield of 9.53%. The ex-dividend date is Friday, May 12th. This is a boost from PBF Logistics LP's previous quarterly dividend of $0.45. 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, May, 4th. The company reported $0.55 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.56 by $0.01. The company earned $60.50 million during the quarter, compared to analysts' expectations of $58.23 million. PBF Logistics LP had a return on equity of 112.48% and a net margin of 40.93%. PBF Logistics LP's revenue for the quarter was up 65.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.53 EPS. View PBF Logistics LP's Earnings History.
Where is PBF Logistics LP's stock going? Where will PBF Logistics LP's stock price be in 2017?
1 equities research analysts have issued twelve-month target prices for PBF Logistics LP's stock. Their predictions 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), Noble Midstream Partners LP (NBLX), Tallgrass Energy GP, LP (TEGP), Ship Finance International Limited (SFL), Crestwood Midstream Partners LP (CMLP), Frontline (FRO), PennTex Midstream Partners, LP (PTXP), Delek Logistics Partners, L.P. (DKL), World Point Terminals, LP (WPT), VTTI Energy Partners LP (VTTI), Teekay Offshore Partners L.P. (TOO), Blueknight Energy Partners L.P., L.L.C. (BKEP), Teekay Tankers (TNK), Southcross Energy Partners, L.P. (SXE), Columbia Pipeline Group (CPGX), Columbia Pipeline Partners LP (CPPL) and QEP Midstream Partners LP (QEPM).
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 shareholders include Clearbridge Investments LLC (9.46%), Kayne Anderson Capital Advisors LP (5.72%), Goldman Sachs Group Inc. (4.98%), Center Coast Capital Advisors LP (3.72%), OppenheimerFunds Inc. (2.14%) and Atlantic Trust Group LLC (1.64%). 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, Morgan Stanley, Wellington Management Group LLP, Center Coast Capital Advisors LP, Atlantic Trust Group LLC, Goldman Sachs Group Inc., Metropolitan Life Insurance Co. NY and Clearbridge Investments LLC. 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 bought by a variety of institutional investors in the last quarter, including Global X Management Co. LLC, UBS Group AG, OppenheimerFunds Inc., Hollencrest Securities LLC, NBW Capital LLC, Bank of Montreal Can, M&T Bank Corp and Bank of America Corp DE. 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 $19.30.
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 (24.35% upside) |
Analysts' Ratings History for PBF Logistics LP (NYSE:PBFX)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 2/20/2017 | Credit Suisse Group | Set Price Target | Hold | $24.00 | N/A |  |
| 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 6/25/2015 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 |
|---|
| 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: $2.11 EPS
Next Year EPS Consensus Estimate: $2.29 EPS
Current Dividend Information for PBF Logistics LP (NYSE:PBFX)| Most Recent Dividend: | 5/31/2017 |
| Annual Dividend: | $1.84 |
| Dividend Yield: | 9.53% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 77.31% (Trailing 12 Months of Earnings)
87.20% (Based on This Year's Estimates)
80.35% (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 |
|---|
| 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: 72.18%
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 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) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 19 at 7:51 AM |
| PBF Logistics (PBFX) Earns Daily News Impact Rating of 0.16
www.americanbankingnews.com - April 18 at 9:15 PM |
| PBF Logistics Announces Acquisition of Toledo Terminal from Sunoco Logistics
finance.yahoo.com - April 17 at 6:17 PM |
| PBF Logistics LP – Value Analysis (NYSE:PBFX) : April 17, 2017
finance.yahoo.com - April 17 at 6:17 PM |
| PBF Logistics LP breached its 50 day moving average in a Bearish Manner : PBFX-US : April 13, 2017
finance.yahoo.com - April 13 at 6:55 PM |
| PBF Logistics LP (PBFX) Given a $24.00 Price Target by Credit Suisse Group AG Analysts
www.americanbankingnews.com - March 26 at 4:10 PM |
| PBF Energy to Release First Quarter 2017 Earnings Results
finance.yahoo.com - March 24 at 6:59 PM |
| PBF Logistics to Release First Quarter 2017 Earnings Results
finance.yahoo.com - March 24 at 6:59 PM |
 | Seth Klarman Dividend Stocks In Focus: PBF Energy
seekingalpha.com - March 23 at 8:43 AM |
| PBF Energy Will Participate in the Scotia Howard Weil 2017 Energy Conference
finance.yahoo.com - March 22 at 7:07 PM |
| Moving Average Crossover Alert: PBF Logistics (PBFX)
finance.yahoo.com - March 10 at 8:54 PM |
| Top Ranked Income Stocks to Buy for March 8th
finance.yahoo.com - March 8 at 3:49 PM |
| PBF LOGISTICS LP Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or Disposi
biz.yahoo.com - March 3 at 7:09 PM |
 | Top Ranked Income Stocks to Buy for February 24th
us.rd.yahoo.com - February 24 at 4:41 PM |
| PBF Logistics Filed 2016 Form 10-K
finance.yahoo.com - February 24 at 4:41 PM |
| PBF Energy Will Participate in the Bank of America Merrill Lynch Refining Conference
finance.yahoo.com - February 22 at 7:13 PM |
| Should You Buy PBF Logistics (PBFX) Ahead of Earnings?
us.rd.yahoo.com - February 16 at 11:43 PM |
| Edited Transcript of PBFX earnings conference call or presentation 16-Feb-17 4:00pm GMT
us.rd.yahoo.com - February 16 at 11:43 PM |
 | PBF Logistics Increases Quarterly Cash Distribution to $0.45 per Unit and Announces Fourth Quarter Earnings Results
www.bizjournals.com - February 16 at 6:43 PM |
| PBF Logistics' (PBFX) on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 16 at 6:42 PM |
| Q4 2016 PBF Logistics LP Earnings Release - Before Market Open
biz.yahoo.com - February 16 at 6:42 PM |
| Q4 2016 PBF Logistics LP Earnings Release - Before Market Open
biz.yahoo.com - February 16 at 6:42 PM |
| Q4 2016 PBF Logistics LP Earnings Release - Before Market Open
biz.yahoo.com - February 16 at 6:42 PM |
PBF Logistics LP (PBFX) Chart for Sunday, June, 25, 2017
