Shares of PBF Logistics LP representing limited partner interests (NYSE:PBFX) traded today at $15.48, eclipsing its 52-week high. So far today approximately 84,000 shares have been exchanged, as compared to an average 30-day volume of 199,000 shares.
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.
PBF Logistics LP representing limited partner interests (NYSE:PBFX) is currently priced 4.8% above its average consensus analyst price target of $14.63.
In the past 52 weeks, shares of PBF Logistics LP representing limited partner interests have traded between a low of $6.92 and a high of $15.48 and is now at $15.37, which is 122% above that low price.
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