PBFX News and Press, PBF Logistics LP representing limited partner interests From 07/31/20

PBF Logistics LP (PBFX) Q2 2020 Earnings Conference Call July 31, 2020 11:00 AM ET Company Participants Colin Murray - Head, IR Matthew Lucey - EVP & Director Erik Young - SVP, CFO & Director Conference Call Participants Chad Bryant - Credit Suisse Ryan Levine - C...

PBF Logistics (NYSE: PBFX ) : Q2 GAAP EPS of $0.60 beats by $0.14 . More news on: PBF Logistics LP, Earnings news and commentary, Energy stocks news, Read more ...

PARSIPPANY, N.J. , July 31, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported second quarter 2020 income from operations of $620.8 million as compared to income from operations of $9.5 million for the second quarter of 2019. Excluding special items, second quar...

PARSIPPANY, N.J. , July 31, 2020 /PRNewswire/ -- PBF Logistics LP (NYSE:PBFX, the "Partnership") today announced second quarter 2020 net income attributable to the limited partners of $37.5 million , or $0.60 per common unit. During the quarter, the Partnership generated cash from...

Investors in the U.S. refining sector are by now familiar with the severe demand disruption that occurred to refined fuels in March and April of this year. The arrival of the COVID-19 pandemic in the U.S. was marked by lockdown orders being implemented across almost all of the country in the s...

DALLAS , July 2, 2020 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing ® MLP High Income Index (the "Index") as part of normal index operations. After the markets close on July&#x...

DALLAS , July 2, 2020 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing ® MLP High Income Index (the "Index") as part of normal index operations. After the markets close on July 10,...

Introduction Following the coronavirus wreaking havoc across the global economy throughout the first half of 2020, PBF Logistics (PBFX) took the same course of action as many others and reduced their distributions by 42%. Despite this, they still offer a highly desirable distribution yield...

After a solid start to the week, midstream stocks collapsed over the last four days this week, including big declines Tuesday and Friday. Broad stock market volatility and weakness due to ramping COVID-19 cases drove the overall weakness, with commodity prices correlation driving much more dow...

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...