PBF Logistics is a limited partnership that owns or leases, operates, develops and acquires crude oil and refined products terminals, pipelines, storage facilities and similar logistics assets. Co.'s segments include: transportation and terminaling and storage. Co.'s transportation and terminaling segment consists of operating segments that include product terminals, pipelines, crude unloading facilities and other facilities capable of transporting and handling crude oil, refined products and natural gas. Co.'s storage segment consists of operating segments that include storage and other facilities capable of processing crude oil and handling crude oil, refined products and intermediates. We show 2 historical shares outstanding datapoints in our coverage of PBFX's shares outstanding history.
Understanding the changing numbers of PBFX shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PBFX versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching PBFX by allowing them to research PBFX shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
