PBFX - PBF Logistics LP
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 10.40 |
| Open | 10.31 |
| Bid | 10.52 x 900 |
| Ask | 10.54 x 1000 |
| Day's Range | 10.01 - 10.84 |
| 52 Week Range | 3.06 - 22.00 |
| Volume | 355,899 |
| Avg. Volume | 572,482 |
| Market Cap | 656.527M |
| Beta (5Y Monthly) | 1.70 |
| PE Ratio (TTM) | 5.53 |
| EPS (TTM) | 1.90 |
| Earnings Date | Jul 30, 2020 - Aug 03, 2020 |
| Forward Dividend & Yield | 1.20 (11.54%) |
| Ex-Dividend Date | May 26, 2020 |
| 1y Target Est | 16.80 |
- Insider Monkey
Hedge Funds Watching PBF Logistics LP (PBFX) From Afar
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]
- Thomson Reuters StreetEvents
Edited Transcript of PBFX earnings conference call or presentation 15-May-20 3:00pm GMT
Q1 2020 PBF Logistics LP Earnings Call
- Motley Fool
PBF Logistics LP (PBFX) Q1 2020 Earnings Call Transcript
Image source: The Motley Fool. PBF Logistics LP (NYSE: PBFX)Q1 2020 Earnings CallMay 15, 2020, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorWelcome to the PBF Logistics First Quarter 2020 Earnings Conference Call and Webcast.
- Benzinga
Recap: PBF Logistics Q1 Earnings
Shares of PBF Logistics (NYSE:PBFX) rose 0.2% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were up 22.92% over the past year to $0.59, which beat the estimate of $0.50.Revenue of $93,029,000 up by 17.99% from the same period last year, which beat the estimate of $89,700,000.Outlook Earnings guidance hasn't been issued by the company for now.PBF Logistics hasn't issued any revenue guidance for the time being.Conference Call Details Date: May 15, 2020View more earnings on PBFXWebcast URL: https://78449.choruscall.com/dataconf/productusers/pbfx/mediaframe/37456/indexr.htmlRecent Stock Performance Company's 52-week high was at $22.0052-week low: $3.06Price action over last quarter: down 58.57%Company Overview PBF Logistics LP is a US-based limited partnership which 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 business segments namely Transportation and terminaling segment and Storage segment. The Transportation and terminaling segment which derives majority revenue consists of CR Rail Terminal, DCR West Rack, Toledo Truck Terminal and others. The Storage segment covers Toledo storage facility which consists of tanks for storing crude oil, refined products, and intermediates.See more from Benzinga * Recap: BIO-key International Q4 Earnings * CooTek: Q1 Earnings Insights * PBF Energy: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- PR Newswire
PBF Energy Reports First Quarter 2020 Results
PBF Energy Inc. (NYSE: PBF) today reported first quarter 2020 loss from operations of $1,366.8 million as compared to income from operations of $364.6 million for the first quarter of 2019. Excluding special items, first quarter 2020 loss from operations was $134.0 million as compared to loss from operations of $141.4 million for the first quarter of 2019. PBF Energy's financial results reflect the consolidation of PBF Logistics LP (NYSE: PBFX), a master limited partnership of which PBF indirectly owns the general partner and approximately 48% of the limited partner interests as of quarter-end.
- PR Newswire
PBF Logistics Declares Quarterly Distribution of $0.30 per Unit and Announces First Quarter 2020 Earnings Results
PBF Logistics LP (NYSE:PBFX, the "Partnership") today announced first quarter 2020 net income attributable to the limited partners of $34.8 million, or $0.56 per common unit. During the quarter, the Partnership generated cash from operations of $18.6 million, EBITDA attributable to PBFX of $56.3 million, Adjusted EBITDA of $57.9 million and distributable cash flow of $40.8 million. Included in reported results for the first quarter are $1.6 million, or $0.03 per common unit, of expenses related to pending and non-consummated acquisitions, non-cash unit-based compensation and environmental remediation costs associated with the East Coast Terminals.
- Zacks
Should Value Investors Pick PBF Logistics (PBFX) Stock?
Let's see if PBF Logistics (PBFX) stock is a good choice for value-oriented investors right now from multiple angles.
- PR Newswire
PBF Energy Announces Change to a Virtual Meeting Format for 2020 Annual Meeting of Stockholders on June 4, 2020
To protect the health and safety of its stockholders, employees and other stakeholders during the coronavirus pandemic, PBF Energy Inc. (NYSE: PBF) today announced that that its 2020 Annual Meeting of Stockholders will be conducted through an online virtual meeting, and will not include an in-person event. The previously announced date and time of the 2020 Annual Meeting (June 4, 2020, at 10:00 a.m. Eastern Time), and the business items to be considered at the 2020 Annual Meeting, remain the same. However, stockholders will not be able to attend the meeting in person.
- PR Newswire
PBF Energy Announces Pricing of $1.0 Billion of Senior Secured Notes due 2025
PBF Energy Inc. (NYSE:PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), priced $1.0 billion in aggregate principal amount of 9.25% senior secured notes due 2025 (the "Notes") in a private offering. The offering is expected to close on May 13, 2020, subject to customary closing conditions. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding. PBF Holding intends to use the net proceeds from the offering for general corporate purposes.
- PR Newswire
PBF Logistics Announces Date Change for First Quarter 2020 Earnings Release and Call
PBF Logistics LP (NYSE:PBFX) announced today that it has changed the date of its previously announced earnings release and earnings call and will now report its results for the first quarter 2020 on Friday, May 15, 2020. The company will host a conference call and webcast regarding quarterly results and other business matters on Friday, May 15, 2020, at 11:00 a.m. ET.
- PR Newswire
PBF Energy Announces Date Change for First Quarter 2020 Earnings Release and Call
PBF Energy Inc. (NYSE:PBF) announced today that it has changed the date of its previously announced earnings release and earnings call and will now report its results for the first quarter 2020 on Friday, May 15, 2020. The company will host a conference call and webcast regarding quarterly results and other business matters on Friday, May 15, 2020, at 8:30 a.m. ET.
- PR Newswire
PBF Energy Announces Intention to Offer $1,000.0 million of Senior Secured Notes
PBF Energy Inc. (NYSE:PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), intends to offer, subject to market and other conditions, $1,000.0 million in aggregate principal amount of senior secured notes due 2025 (the "Notes") in a private offering. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding. Completion of the offering is subject to, among other things, pricing and market conditions. PBF Holding intends to use the net proceeds from the offering for general corporate purposes.
- Zacks
PBF Logistics (PBFX) Catches Eye: Stock Jumps 9.3%
PBF Logistics (PBFX) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
- PR Newswire
PBF Energy Completes Sale of Five Operating Hydrogen Plants for $530 Million to Air Products
PBF Energy Inc. (NYSE: PBF) today announced it has completed, and received the $530 million consideration for, the sale of five steam methane reformer (SMR) hydrogen production plants to Air Products (NYSE: APD). PBF Energy has entered into long-term supply agreements with Air Products at the Martinez, Torrance and Delaware City refineries.
- PR Newswire
PBF Energy to Release First Quarter 2020 Earnings Results
PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the first quarter 2020 on Friday, May 8, 2020. The company will host a conference call and webcast regarding quarterly results and other business matters on Friday, May 8, 2020, at 8:30 a.m. ET.
- PR Newswire
PBF Logistics to Release First Quarter 2020 Earnings Results
PBF Logistics LP (NYSE:PBFX) announced today that it will release its earnings results for the first quarter 2020 on Friday, May 8, 2020. The company will host a conference call and webcast regarding quarterly results and other business matters on Friday, May 8, 2020, at 11:00 a.m. ET.
- PR Newswire
PBF Energy Announces Planned $530 million Hydrogen Plant Sales, Reduction in 2020 Cash Outlays by Over $500 million through Lowered Capital and Operating Expenses, Dividend Suspension and Other Deferrals
PBF Energy Inc. (NYSE: PBF) today announced a number of decisive steps taken as part of a strategic plan for PBF to navigate current extraordinary and volatile markets. The company has taken the following aggressive steps to increase PBF's flexibility and responsiveness:
- PR Newswire
PBF Logistics Announces Availability of 2019 K-1 Tax Packages
PBF Logistics LP (NYSE:PBFX) announces availability of 2019 K-1 Tax Packages. The packages are available online and may be accessed at:
- Thomson Reuters StreetEvents
Edited Transcript of PBFX earnings conference call or presentation 13-Feb-20 4:00pm GMT
Q4 2019 PBF Logistics LP Earnings Call
- PR Newswire
PBF Logistics Filed 2019 Form 10-K
PBF Logistics LP (NYSE:PBFX) filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended December 31, 2019. The filing can be viewed on the Partnership's website at www.pbflogistics.com.
- PR Newswire
PBF Energy to Attend Industry Conferences
PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be attending the Credit Suisse Energy Conference on March 1-3, 2020, and the Bank of America Merrill Lynch 2020 Refining Conference on March 11, 2020.
- PR Newswire
PBF Logistics Announces Fourth Quarter 2019 Results and Quarterly Cash Distribution of $0.52 per Unit
PBF Logistics LP (NYSE:PBFX) (the "Partnership") announced today fourth quarter 2019 net income attributable to the limited partners of $29.8 million, or $0.48 per common unit. During the fourth quarter, the Partnership generated cash from operations of $53.4 million, EBITDA attributable to PBFX of $52.0 million, Adjusted EBITDA of $54.2 million and distributable cash flow of $38.0 million. Included in reported results for the fourth quarter are $2.3 million, or $0.04 per common unit, of transaction-related expenses, non-cash unit-based compensation and environmental remediation costs associated with the East Coast Terminals.
- PR Newswire
PBF Energy Reports Fourth Quarter 2019 Results, Declares Dividend of $0.30 Per Share
PBF Energy Inc. (NYSE: PBF) today reported fourth quarter 2019 income from operations of $123.0 million as compared to loss from operations of $446.2 million for the fourth quarter of 2018. Excluding special items, fourth quarter 2019 income from operations was $149.8 million as compared to income from operations of $213.3 million for the fourth quarter of 2018.
- PR Newswire
PBF Energy Completes Acquisition of Martinez Refinery, Creates West Coast System
PBF Energy Inc. (NYSE: PBF) announced today that its subsidiary completed the acquisition of Martinez refinery, and related logistics assets, from Equilon Enterprises LLC d/b/a Shell Oil Products US (the "Seller" or "Shell"). With the acquisition, PBF's increased its total throughput capacity to more than one million barrels per day and becomes the most complex independent refiner with a consolidated Nelson Complexity of 12.8. The purchase price for the assets was $960.0 million plus the value of hydrocarbon inventory. In conjunction with the transaction, PBF has entered into market-based, crude oil supply and product offtake agreements with Shell. PBF financed the transaction with a combination of cash, including proceeds from its subsidiaries' $1 billion private debt offering in January of 2020, and borrowings under its existing revolving credit facility.
- Zacks
Kinder Morgan (KMI) Q4 Earnings Meet Estimates on GCX Strength
Kinder Morgan's (KMI) fourth-quarter 2019 earnings are supported by an increase in natural gas transportation and gathering volumes.
