PetroLogistics LP owns and operates propane dehydrogenation (PDH) facility. The Company is located in the vicinity of the Houston Ship Channel. As of April 23, 2012, the Company had an annual production capacity of approximately 1.45 billion pounds of propylene. Its PDH facility uses a CATOFIN dehydrogenation technology pursuant to a fully-paid license from CB&I Lummus. It derives its sales from three different sources: propylene sales, hydrogen sales, and mixed stream of butane and butylenes (C4 mix stream) and heavier hydrocarbons (C5+ stream) sales. In July 2014, Flint Hills Resources acquired PetroLogistics LP (PetroLogistics) and general partner, PetroLogistics GP LLC (MLP GP).
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: NYSE:PDH
- CUSIP: N/A
- Web: N/A
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 10.33
- P/E Growth: 0
Frequently Asked Questions for PetroLogistics LP (NYSE:PDH)
What is PetroLogistics LP's stock symbol?
PetroLogistics LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "PDH."
How were PetroLogistics LP's earnings last quarter?
PetroLogistics LP (NYSE:PDH) announced its earnings results on Wednesday, April, 23rd. The company reported $0.34 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.33 by $0.01. The firm earned $220 million during the quarter, compared to analysts' expectations of $209.70 million. View PetroLogistics LP's Earnings History.
Who are some of PetroLogistics LP's key competitors?
Some companies that are related to PetroLogistics LP include HDFC Bank Limited (HDB), Berkshire Hathaway (BRK.B), Berkshire Hathaway (BRK.A), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Alibaba Group Holding Ltd (BABA), JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC), Bank of America Corp (BAC), General Electric Company (GE), Wal-Mart Stores (WMT), Royal Dutch Shell plc (RDS.B), AT&T (T), Anheuser Busch Inbev NV (BUD), China Mobile (CHL), Procter & Gamble Co (PG), Royal Dutch Shell plc (RDS.A) and Visa (V).
How do I buy PetroLogistics LP stock?
Shares of PetroLogistics 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.
How much does a share of PetroLogistics LP stock cost?
One share of PetroLogistics LP stock can currently be purchased for approximately $14.15.
Consensus Ratings for PetroLogistics LP (NYSE:PDH) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for PetroLogistics LP (NYSE:PDH)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for PetroLogistics LP (NYSE:PDH)Earnings History by Quarter for PetroLogistics LP (NYSE:PDH)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/23/2014||Q1||$0.33||$0.34||$209.70 million||$220.00 million||View||Listen|
|2/5/2014||Q4||$0.26||$0.25||$183.59 million||$191.00 million||View||Listen|
|7/24/2013||Q2 2013||$0.27||$0.30||$159.92 million||$159.40 million||View||Listen|
|4/24/2013||Q1 2013||$0.68||$0.67||$219.59 million||$208.70 million||View||Listen|
|2/6/2013||Q4 2012||$0.29||$0.28||$101.24 million||$166.10 million||View||Listen|
Earnings Estimates for PetroLogistics LP (NYSE:PDH)
Current Year EPS Consensus Estimate: $1.36 EPS
Next Year EPS Consensus Estimate: $1.37 EPS
Current Dividend Information for PetroLogistics LP (NYSE:PDH)
|Most Recent Dividend:||5/14/2014|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Based on This Year's Estimates)|
0.00% (Based on Next Year's Estimates)
Dividend History by Quarter for PetroLogistics LP (NYSE:PDH)
(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 PetroLogistics LP (NYSE:PDH)Insider Trades by Quarter for PetroLogistics LP (NYSE:PDH)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|4/2/2014||David Lumpkins||Chairman||Sell||100,000||$12.69||$1,269,000.00|| |
|3/5/2014||David Lumpkins||Chairman||Sell||100,000||$12.53||$1,253,000.00|| |
|2/12/2014||David Lumpkins||Chairman||Sell||100,000||$12.05||$1,205,000.00|| |
|1/13/2014||David Lumpkins||Chairman||Sell||39,500||$12.25||$483,875.00|| |
|1/9/2014||David Lumpkins||Chairman||Sell||87,145||$12.10||$1,054,454.50|| |
|12/6/2013||David Lumpkins||Chairman||Sell||8,939||$12.00||$107,268.00|| |
|12/4/2013||David Lumpkins||Chairman||Sell||64,416||$12.04||$775,568.64|| |
|11/21/2013||David Lumpkins||Chairman||Sell||8,922||$12.00||$107,064.00|| |
|11/19/2013||David Lumpkins||Chairman||Sell||91,078||$12.24||$1,114,794.72|| |
Headline Trends for PetroLogistics LP (NYSE:PDH)
Latest Headlines for PetroLogistics LP (NYSE:PDH)
PetroLogistics LP (PDH) Chart for Saturday, May, 27, 2017