PBF LOGISTICS LP (NYSE:PBFX) Files An 8-K Results of Operations and Financial Condition
Item 2.02
EX-99.1 2 exhibit991-pbfxpressreleas.htm EXHIBIT 99.1 Exhibit PBF Logistics Announces Fourth Quarter 2019 Results andQuarterly Cash Distribution of $0.52 per Unit •Fourth quarter net income attributable to the limited partners of $29.8 million,…
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About PBF LOGISTICS LP (NYSE:PBFX)
PBF Logistics LP is engaged in the receiving, handling and transferring of crude oil and the receipt, storage and delivery of crude oil, refined products and intermediates. The Company operates through two segments: Transportation and Terminaling segment, and storage segment. The Company focuses on owning or leasing, operating, developing and acquiring crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets. It receives, handles and transfers crude oil from sources located across the United States and Canada, and stores crude oil, refined products and intermediates for PBF Energy Inc. (PBF Energy) in support of its three refineries located in Toledo, Ohio, Delaware City, Delaware and Paulsboro, New Jersey. Its assets consist of the DCR Rail Terminal, the Toledo Truck Terminal, the DCR West Rack, the Toledo Storage Facility and the Delaware City Products Pipeline and Truck Rack (collectively referred to as the Contributed Assets).