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PBFX News and Press, PBF Logistics LP representing limited partner interests From 06/21/20

Stock Information

Company Name: PBF Logistics LP representing limited partner interests
Stock Symbol: PBFX
Market: NYSE
Website: pbflogistics.com

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PBFX - Midstream Bounce Faded

It was an up and down week for midstream, but overall positive vs. last week, helped by a huge day Monday. The Supreme Court ruling in favor of pipeline development across the Appalachian Trail seemed to help midstream stocks broadly on Monday. Then midstream stocks struggled the rest of the w...

PBFX - Midstream Paper Jam

After an all-time good week across the sector last week, Midstream stocks gave it all back this week. Most of the damage came on Thursday, when the broad equity market dropped 6%. Midstream stocks sold off even more Thursday, dragged down by an 8% decline in oil prices and $832mm in new equity...

PBFX - PBF Logistics to Release Second Quarter 2020 Earnings Results

PARSIPPANY, N.J. , June 12, 2020 /PRNewswire/ -- PBF Logistics LP (NYSE:PBFX) announced today that it will release its earnings results for the second quarter 2020 on Friday, July 31, 2020 . The company will host a conference call and webcast regarding quarterly results and other busines...

PBFX - PBF Energy to Release Second Quarter 2020 Earnings Results

PARSIPPANY, N.J. , June 12, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the second quarter 2020 on Friday, July 31, 2020 . The company will host a conference call and webcast regarding quarterly results and oth...

PBFX - Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® 30 MLP Index

DALLAS , June 12, 2020 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing ® 30 MLP Index (the "Index") as part of normal index operations. After the markets close on June 19, 20...

PBFX - Midstream Breaks Out With No Brakes

Midstream stocks had an all-time great week of stock performance, with double-digit returns across all three indexes, driven by a double-digit gain in oil prices and another surge in the broad stock market. MLPs were up each of the last four days of the week, with the biggest move on Friday af...

PBFX - Dividend Champions For June 2020

About the Dividend Champions List The Dividend Champions list is a monthly publication tracking companies with a history of consistently increasing their dividends. Wider in scope than the well-known S&P 500 Dividend Aristocrats and Nasdaq Dividend Achievers , the Dividend Champions c...

PBFX - Weighing The Risks And Rewards For Delek Logistics Partners

Refining logistics MLP Delek Logistics Partners ( DKL ) showed investors how to reinforce a distribution when it announced its latest quarterly distribution last month. While the headline increase of 0.6% was marginal as far as distribution increases go, it was the lack of a cut that rea...

PBFX - MLPs Lose Week But Win May

It was a short week with not much news, so midstream and MLPs followed the broad equity market higher. The melt-up of the broader equity market continued, supported by stimulus and optimism that permeated the markets for most of the week as areas of the country opened back up. I still can't ...

PBFX - Wells Fargo weighs which midstream yields are at risk

The midstream/MLP space has always been about yield (setting aside recent talk about free cash flow, enterprise value multiples and buybacks) - and it always will be, Wells Fargo says. More news on: Crestwood Equity Partners LP, Energy Transfer LP, Oasis Midstream Partners LP, Energy stock...

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