PBF Logistics

PBF Logistics LP, headquartered in Parsippany, New Jersey, is a fee-based, growth-oriented master limited partnership formed by PBF Energy to own or lease, operate, develop and acquire crude oil and refined petroleum products, terminals, pipelines, storage facilities and similar logistics assets.

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NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of PBF Logistics LP (NYSE: PBFX) to PBF Energy Inc. for 0.270 shares of PBF Energy Class A common stock and $9.25 in cash, without interest, is fair to PBF Logistics shareholders. Halper Sadeh encourages PBF Logistics shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper

PBFX Stock Alert: Halper Sadeh LLP Is Investigating Whether the Sale of PBF Logistics LP Is Fair to Shareholders

Second quarter net income attributable to the limited partners of $39.2 million, or $0.62 per common unit, EBITDA attributable to PBFX of $58.1 million and Adjusted EBITDA of $57.5 million Year-to-date debt reduced by $70.0 million through repayments on the revolving credit facility Declares quarterly distribution of $0.30 per unit PBF Energy Announces Agreement to Acquire Remaining Public Stake in PBF Logistics LP PARSIPPANY, N.J. , July 28, 2022 /PRNewswire/ -- PBF Logistics LP (NYSE: PBFX, the "Partnership") today announced second quarter 2022 net income attributable to the limited partners of $39.2 million, or $0.62 per common unit.

PBF Logistics Declares Quarterly Distribution of $0.30 per Unit and Announces Second Quarter 2022 Earnings Results

PBF Energy

Second quarter income from operations of $1,706.6 million (excluding special items, second quarter income from operations of $1,784.2 million) Reduced consolidated debt by more than $2.2 billion including a $900 million revolving credit facility repayment, $45 million debt reduction at PBF Logistics and the redemption of $1.25 billion senior secured notes on July 11, 2022 Net debt to capitalization reduced to 24% versus 59% at year-end 2021, excluding special items PBF Energy Announces Agreement to Acquire Remaining Public Stake in PBF Logistics LP PARSIPPANY, N.J. , July 28, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported second quarter 2022 income from operations of $1,706.6 million as compared to income from operations of $147.5 million for the second quarter of 2021.

PBF Energy Announces Second Quarter 2022 Results

PARSIPPANY, N.J. , July 28, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) and PBF Logistics LP (NYSE: PBFX) today announced a definitive agreement and plan of merger pursuant to which PBF Energy will acquire all of the outstanding common units representing limited partner interests of PBF Logistics it does not already own directly or indirectly for a combination of PBF Energy Class A common stock and cash.

PBF Energy Announces Agreement to Acquire Remaining Public Stake in PBF Logistics LP

There has been speculation recently that PBF Logistics may get acquired by their parent company, PBF Energy. This seems to be a trend lately with master limited partnerships but regardless of whether investors get an easy payday, they still have a positive outlook.

PBF Logistics: Investors Win Either Way, Takeover Or Not

PARSIPPANY, N.J. , July 11, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), has fully redeemed all of the $1.25 billion in aggregate principal amount outstanding of its 9.25% Senior Secured Notes due 2025 (the "Notes") issued by PBF Holding and PBF Finance Corporation.

PBF Energy Announces Full Redemption of $1.25 Billion of PBF Holding 9.25% Senior Secured Notes due 2025

PARSIPPANY, NJ , June 28, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the second quarter 2022 on Thursday, July 28, 2022. The company will host a conference call and webcast regarding quarterly results and other business matters on Thursday, July 28, 2022, at 8:30 a.m.

PBF Energy to Release Second Quarter 2022 Earnings Results

PARSIPPANY, N.J. , June 28, 2022 /PRNewswire/ -- PBF Logistics LP (NYSE:PBFX) announced today that it will release its earnings results for the second quarter 2022 on Thursday, July 28, 2022.

PBF Logistics to Release Second Quarter 2022 Earnings Results

PBF Logistics LP (PBFX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

PBF Logistics LP (PBFX) Stock Jumps 10.5%: Will It Continue to Soar?

Here is how PBF Logistics LP (PBFX) and PBF Energy (PBF) have performed compared to their sector so far this year.

Has PBF Logistics (PBFX) Outpaced Other Oils-Energy Stocks This Year?

PARSIPPANY, N.J. , June 9, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), delivered a notice of full redemption of all of the $1.25 billion in aggregate principal amount outstanding of its 9.25% Senior Secured Notes due 2025 (the "Notes") issued by PBF Holding and PBF Finance Corporation.

PBF Energy Announces Notice of Full Redemption for PBF Holding 9.25% Senior Secured Notes due 2025

PARSIPPANY, N.J. , June 3, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Bank of America Energy Credit Conference on June 8, 2022.

PBF Energy to Participate in the Bank of America Energy Credit Conference

PBFX continues to produce solid distributable cash flow numbers. The current yield is sustainable and should return to growth.

PBF Logistics: Why I Can't Stop Buying

PBF Logistics LP (NYSE:PBFX ) Q1 2022 Earnings Conference Call April 28, 2022 11:00 AM ET Company Participants Colin Murray - Head, IR Matthew Lucey - EVP & Director Erik Young - Senior VP, CFO & Director Conference Call Participants Spiro Dounis - Crédit Suisse Operator Good day, everyone, and welcome to the PBF Logistics LP First Quarter 2022 Earnings Conference Call and Webcast. [Operator Instructions].

PBF Logistics LP (PBFX) on Q1 2022 Results - Earnings Call Transcript

First quarter net income attributable to the limited partners of $36.3 million, or $0.58 per common unit, EBITDA attributable to PBFX of $55.9 million and Adjusted EBITDA of $56.6 million Strong base of contracted minimum volume commitments support approximately 90% of $89.4 million total revenue Year-to-date debt reduced by $25.0 million through repayments on the revolving credit facility Declares quarterly distribution of $0.30 per unit PARSIPPANY, N.J. , April 28, 2022  /PRNewswire/ -- PBF Logistics LP (NYSE:PBFX, the "Partnership") today announced first quarter 2022 net income attributable to the limited partners of $36.3 million, or $0.58 per common unit.

PBF Logistics Declares Quarterly Distribution of $0.30 per Unit and Announces First Quarter 2022 Earnings Results

First quarter income from operations of $91.0 million (excluding special items, first quarter income from operations of $141.3 million) Reduced consolidated debt by approximately $55 million in 2022 and approximately $390 million in 15 months First quarter consolidated ending cash balance of approximately $1.4 billion PARSIPPANY, N.J. , April 28, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported first quarter 2022 income from operations of $91.0 million as compared to income from operations of $57.7 million for the first quarter of 2021.

PBF Energy Announces First Quarter 2022 Results

PBF Logistics generated substantial cash that covers their dividend in 2021, and the future outlook is stable given the high price of petroleum.

PBF Logistics: 8.4% Yield With Stable Outlook

PARSIPPANY, N.J. , March 30, 2022 /PRNewswire/ -- PBF Logistics LP (NYSE:PBFX) announced today that it will release its earnings results for the first quarter 2022 on Thursday, April 28, 2022.

PBF Logistics to Release First Quarter 2022 Earnings Results

PARSIPPANY, N.J. , March 30, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the first quarter 2022 on Thursday, April 28, 2022.

PBF Energy to Release First Quarter 2022 Earnings Results

Energy Transfer LP Unit

Dorian LPG

Unfortunately, there is no surefire way to protect against the scourge of inflation.

Inflation Protection From Oil and Gas Infrastructure

PARSIPPANY, N.J., March 3, 2022 /PRNewswire/ --  PBF Logistics LP (NYSE: PBFX) announces availability of 2021 K-1 Tax Packages.

PBF Logistics Announces Availability of 2021 K-1 Tax Packages

PARSIPPANY, N.J., Feb. 17, 2022 /PRNewswire/ -- 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, 2021.

PBF Logistics Filed 2021 Form 10-K

PBF Logistics LP's (PBFX) Management on Q4 2021 Results - Earnings Call Transcript

PARSIPPANY, N.J., Feb. 10, 2022 /PRNewswire/ -- PBF Logistics LP (NYSE:PBFX, the "Partnership") announced today fourth quarter 2021 net income attributable to the limited partners of $42.3 million, or $0.67 per common unit.

PBF Logistics Announces Fourth Quarter 2021 Results and Quarterly Cash Distribution of $0.30 per Unit

Whilst many suffered throughout the Covid-19 pandemic, PBF Logistics proved themselves financially resilient. They saw their operating cash flow increase by around 25% during 2020 and then hold strong throughout 2021.

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