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) issued its quarterly earnings results on Wednesday, April, 23rd. The company reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.33 by $0.01. The company had revenue of $220 million for the quarter, compared to analyst estimates 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 Berkshire Hathaway (BRK.B), Berkshire Hathaway (BRK.A), Alibaba Group Holding Limited (BABA), Johnson & Johnson (JNJ), Exxon Mobil Corporation (XOM), J P Morgan Chase & Co (JPM), Wells Fargo & Company (WFC), Bank of America Corporation (BAC), Wal-Mart Stores (WMT), Procter & Gamble Company (The) (PG), Royal Dutch Shell PLC (RDS.B), General Electric Company (GE), AT&T (T), Royal Dutch Shell PLC (RDS.A), China Mobile (Hong Kong) (CHL), Visa (V), Oracle Corporation (ORCL) and Novartis AG (NVS).
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.
What is PetroLogistics LP's stock price today?
MarketBeat Community Rating for PetroLogistics LP (NYSE PDH)MarketBeat's community ratings are surveys of what our community members think about PetroLogistics 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.
One share of PetroLogistics LP stock can currently be purchased for approximately $14.15.
Consensus Ratings for PetroLogistics LP (NYSE:PDH) (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: ||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 Tuesday, July, 25, 2017