PBF Logistics LP

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  • uploads///analyst recom
    Energy & Utilities

    Phillips 66 Partners: Analysts Updated the Target Price

    On February 11, Stifel cut its rating for Phillips 66 Partners from “buy” to “hold.” Stifel raised its target price for the stock from $50 to $52.

    By Rekha Khandelwal, CFA
  • uploads///Loss
    Energy & Utilities

    Top MLP Losses in the Week Ending May 18

    Teekay Offshore Partners (TOO) was the top MLP loss in the week ending May 18. Teekay Offshore Partners fell 4.2%.

    By Kurt Gallon
  • uploads///top institutional investors
    Company & Industry Overviews

    Institutional Investors Are Bullish on ANDX and PSXP

    The top ten institutional investors in PSXP together added net 5.2 million PSXP shares to their positions.

    By Rekha Khandelwal, CFA
  • uploads///growing distributions
    Company & Industry Overviews

    ANDX, HEP, and PBFX: Stocks Yielding Higher than 7%

    Phillips 66 Partners (PSXP) increased its 3Q17 distribution to 64.6 cents per unit, which represents year-over-year distribution growth of 22.0%.

    By Rekha Khandelwal, CFA
  • uploads///ebitda comparison
    Company & Industry Overviews

    PSXP, HEP, PBFX, ANDX: What’s Driving Their Earnings Growth?

    Phillips 66 Partners’ EBITDA rose 51.0% YoY (year-over-year) to $168.0 million in 3Q17 compared to $111.0 million in 3Q16.

    By Rekha Khandelwal, CFA
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    Company & Industry Overviews

    Why Andeavor Logistics Has Risen 11% in January 2018

    Andeavor Logistics (ANDX) has risen 11.0% so far in January 2018. In comparison, Phillips 66 Partners (PSXP) has risen nearly 1.0%.

    By Rekha Khandelwal, CFA
  • uploads///SHLX
    Earnings Report

    Behind Shell Midstream Partners’ 3Q17 Earnings Growth

    Earnings in 3Q17 Shell Midstream Partners (SHLX), Royal Dutch Shell’s (RDS-A) midstream MLP subsidiary, posted strong earnings numbers during the third quarter. SHLX’s adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) rose 30.0% to $92.0 million in 3Q17 from $70.9 million in 3Q16. Moreover, SHLX beat its 3Q17 EBITDA estimate by 12.0%. The partnership benefited […]

    By Kurt Gallon
  • uploads///Loss
    Basic Materials

    The Biggest MLP Losses Last Week

    Sprague Resources (SRLP), which is involved in refined products and natural gas terminalling and marketing, recorded the biggest loss last week.

    By Kurt Gallon
  • uploads///TTLPs ytd total returns
    Earnings Report

    Why Tesoro Logistics Raised Capital in 2Q16

    On July 1, 2016, TLLP announced the acquisition of storage and terminaling assets from Tesoro Corporation (TSO) for $444 million.

    By Rekha Khandelwal, CFA
  • uploads///broker recommendations
    Earnings Report

    Tesoro Logistics Posts Strong 1Q16 Data: How Did Its Stock React?

    Of the analysts surveyed by Bloomberg, 75% rated Tesoro Logistics (TLLP) a “buy,” while 25% rated it a “hold.”

    By Rekha Khandelwal, CFA
  • uploads///tllp price targets
    Company & Industry Overviews

    Should You Include Tesoro Logistics in Your Portfolio?

    Of the analysts surveyed by Bloomberg, 80% rated Tesoro Logistics as a “buy,” and 20% rated it as a “hold.” No analysts rated it as a “sell.”

    By Rekha Khandelwal, CFA
  • uploads///forward distribution yield to distribution growth
    Earnings Report

    How Does Phillips 66 Partners’ Valuation Compare to Its Peers’?

    Phillips 66 Partners’ forward distribution yield of 3.3%, owing to its fee-based revenues, consistent distribution growth, and strong coverage ratio.

    By Rekha Khandelwal, CFA
  • uploads///phillips  partners ebitda
    Company & Industry Overviews

    Capital Projects Should Fuel Phillips 66 Partners’ EBITDA Growth

    Phillips 66 Partners’ (PSXP) 2Q15 EBITDA remained almost flat year-over-year. The company’s EBITDA increased from $27 million in 2Q13 to $36 million in 2Q15.

    By Rekha Khandelwal, CFA
  • uploads///pbf logistics ebitda
    Company & Industry Overviews

    PBF Logistics Records High EBITDA Growth in 2Q15

    PBF Logistics’ (PBFX) 2Q15 EBITDA increased more than six times its 2Q14 level of $4 million. PBF Logistics’ high EBITDA growth is due to regular asset acquisitions from PBF.

    By Rekha Khandelwal, CFA
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