PBF Energy

PBF Energy, Inc. engages in the operation of a petroleum refiner and supplies unbranded transportation fuels, heating oil, petrochemical feed stocks, lubricants, and other petroleum products in the United States. It operates through the following segments: Refining and Logistics. The Refining segment refines crude oil and other feed stocks into petroleum products. The Logistics segment owns, leases, operates, develops, and acquires crude oil and refined petroleum products terminals, pipelines, storage facilities, and logistics assets. The company was founded on March 1, 2008 and is headquartered in Parsippany, NJ.

Earnings data Q1 2021

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PBF Energy reports strong 2022 earnings, eyes growth in sustainable energy

PBF Energy had a transformative year financially, focusing on strengthening their balance sheet, operational reinvestment, and sustainable energy initiatives. While challenges like industry maintenance and global trade adjustments persist, the company remains optimistic about the refining environment in 2023.

PBF Energy reports robust Q1 earnings, eyes growth opportunities

PBF Energy's Q1 earnings call highlighted strong financial performance, leadership changes, market insights, and operational updates. The company is focused on maintaining financial strength, enhancing shareholder value, and exploring growth opportunities while navigating industry challenges.

PBF Energy excels in Q2 earnings, eyes growth in renewables

PBF Energy's Q2 performance reflects resilience in challenging market conditions, driven by strong operational efficiency and strategic investments. The company's focus on financial strength, shareholder value maximization, and disciplined capital allocation positions it well for future growth. Despite challenges in distillate demand and refining dynamics, PBF Energy is poised to leverage opportunities in renewable diesel and strategic acquisitions.

PBF Energy posts robust Q3 results amidst market challenges

PBF Energy delivered strong financial results in Q3, supported by operational improvements and strategic initiatives.
While facing challenges like market volatility and operational disruptions, PBF is well-positioned to capitalize on growth opportunities.
With a focus on shareholder value, cost management, and strategic investments, PBF aims to drive sustainable growth and profitability.
Overall, PBF's performance, strengths, and opportunities position the company for continued success in the energy sector.

PBF Energy reports Q4 loss, eyes strong 2024 outlook

PBF Energy navigated a mixed performance in Q4 2023, with strong financial achievements tempered by operational challenges.
The company's focus on debt reduction, shareholder returns, and safety underscores its commitment to financial health and employee well-being.
Looking ahead, PBF sees opportunities in asset optimization, regulatory compliance, and maintaining a prudent approach to capital spending.

PBF Energy reports Q2 loss, maintains strong cash position

PBF Energy's Q2 2024 performance was marked by disappointing earnings but strong cash position and shareholder value prioritization. The company faces challenges in margin impact, market conditions, and operational efficiency but has opportunities to optimize working capital, improve product yield, and enhance shareholder returns. Strategic focus on operational efficiency and market dynamics will be key for future growth and profitability.

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PBF Energy, Inc. engages in the operation of a petroleum refinery and supplies unbranded transportation fuels, heating oil, petrochemical feed stocks, lubricants, and other petroleum products in the United States. It operates through the Refining and Logistics segments. The Refining segment is involved in refining crude oil and other feed stocks into petroleum products. The Logistics segment includes owning, leasing, operation, development, and acquisition of crude oil and refined petroleum products terminals, pipelines, storage facilities, and logistics assets. The company was founded on March 1, 2008 and is headquartered in Parsippany, NJ.

PBF Logistics

Sunoco

PHILADELPHIA--(BUSINESS WIRE)--SquareOne Energy, LLC (“SquareOne” or the “Company”) announced today the development of its initial discarded and used oil recycling facility in the Philadelphia region, the first to serve the northeast U.S. and mid-Atlantic markets. The facility will feature the most advanced process in the re-refining industry and create a holistically sustainable approach for re-energizing wasted oil. The Company will accomplish this by converting a wide array of used oils and

SquareOne Energy Announces Advanced Development of Its Modernized Used Oil Recycling Facility in the Northeast U.S.; Establishes Commercial Partnership With PBF and Sunoco LP

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of PBF Logistics LP (NYSE: PBFX) to PBF Energy Inc. (NYSE: PBF). Under the terms of the proposed transaction, shareholders of PBF Logistics will receive $9.25 in cash and 0.270 shares of PBF Energy Class A common stock for each share of PBF Logistics that they own. KSF is seeking to determine whether this conside

PBF LOGISTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PBF Logistics LP - PBFX

Does PBF Energy (PBF) have what it takes to be a top stock pick for momentum investors? Let's find out.

PBF Energy (PBF) Is Up 15.54% in One Week: What You Should Know

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PBF Energy (PBF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for PBF Energy (PBF) Stock

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U.S. oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even though analysts and industry watchers have worried that demand could falter if the global economy enters a recession or high fuel prices deter travelers.

U.S. oil refiners, pipeline companies expect strong demand for rest of 2022

Higher contributions from the Refining segment aid PBF Energy's (PBF) earnings in Q2.

PBF Energy (PBF) Stock Dips 3.5% Despite Q2 Earnings Beat

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PBF Energy (PBF) possesses solid growth attributes, which could help it handily outperform the market.

Here is Why Growth Investors Should Buy PBF Energy (PBF) Now

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PBF Energy (PBF) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

PBF Energy (PBF) Is Attractively Priced Despite Fast-paced Momentum

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Good things could be on the horizon when a stock surpasses the 50-Day simple moving average. How should investors react?

PBF Energy (PBF) Just Reclaimed the 50-Day Moving Average

Wilmington, Delaware--(Newsfile Corp. - July 29, 2022) - Rigrodsky Law, P.A. is investigating PBF Logistics LP ("PBF Logistics") (NYSE: PBFX) regarding possible breaches of fiduciary duties and other violations of law related to PBF Logistics' agreement to be acquired by PBF Energy Inc. ("PBF Energy") (NYSE: PBF). Under the terms of the agreement, PBF Logistics' unitholders will receive 0.270 shares of PBF Energy Class A common stock and $9.25 in cash.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating PBF Logistics LP Buyout

NEW YORK , July 28, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of the implied covenant of good faith and fair dealing and other violations of law by the board of directors of PBF Logistics LP ("PBF Logistics" or the "Company") (NYSE: PBFX) in connection with the proposed acquisition of the Company by PBF Energy Inc. ("PBF Energy") (NYSE: PBF).  Under the terms of the merger agreement, each outstanding common unit of PBF Logistics that PBF Energy does not own will be converted into 0.270 shares of PBF Energy Class A common stock and $9.25 in cash, without interest.

SHAREHOLDER ALERT: Weiss Law Investigates PBF Logistics LP

PBF Energy Inc. (NYSE:PBF ) Q2 2022 Results Conference Call July 28, 2022 8:30 AM ET Company Participants Colin Murray - Vice President, Investor Relations Tom Nimbley - Chief Executive Officer Matt Lucey - President Erik Young - Chief Financial Officer Tom O'Connor - Senior Vice President, Commodity Risk & Strategy Paul Davis - Senior Vice President, Supply, Trading and Optimization Conference Call Participants Roger Read - Wells Fargo Doug Leggate - Bank of America Carly Davenport - Goldman Sachs Manav Gupta - Credit Suisse Theresa Chen - Barclays Connor Lynagh - Morgan Stanley John Royall - JPMorgan Karl Blunden - Goldman Sachs Matthew Blair - Tudor Pickering Holt Operator Good day, everyone, and welcome to the PBF Energy Second Quarter 2022 Earnings Conference Call and Webcast. At this time, all participants have been placed in a listen-only mode, and the floor will be opened for your questions following management's prepared remarks.

PBF Energy Inc. (PBF) CEO Tom Nimbley on Q2 2022 Results - Earnings Call Transcript

PBF Energy (PBF) delivered earnings and revenue surprises of 43.75% and 40.12%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

PBF Energy (PBF) Q2 Earnings and Revenues Top Estimates

Second quarter income from operations of $1,706.6 million (excluding special items, second quarter income from operations of $1,784.2 million) Reduced consolidated debt by more than $2.2 billion including a $900 million revolving credit facility repayment, $45 million debt reduction at PBF Logistics and the redemption of $1.25 billion senior secured notes on July 11, 2022 Net debt to capitalization reduced to 24% versus 59% at year-end 2021, excluding special items PBF Energy Announces Agreement to Acquire Remaining Public Stake in PBF Logistics LP PARSIPPANY, N.J. , July 28, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported second quarter 2022 income from operations of $1,706.6 million as compared to income from operations of $147.5 million for the second quarter of 2021.

PBF Energy Announces Second Quarter 2022 Results

PARSIPPANY, N.J. , July 28, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) and PBF Logistics LP (NYSE: PBFX) today announced a definitive agreement and plan of merger pursuant to which PBF Energy will acquire all of the outstanding common units representing limited partner interests of PBF Logistics it does not already own directly or indirectly for a combination of PBF Energy Class A common stock and cash.

PBF Energy Announces Agreement to Acquire Remaining Public Stake in PBF Logistics LP

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Investors need to pay close attention to PBF Energy (PBF) stock based on the movements in the options market lately.

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High crude oil and feedstocks throughput is likely to have aided PBF Energy's (PBF) refining business in Q2.

Is a Beat in Store for PBF Energy (PBF) in Q2 Earnings?

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PARSIPPANY, N.J. , July 11, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), has fully redeemed all of the $1.25 billion in aggregate principal amount outstanding of its 9.25% Senior Secured Notes due 2025 (the "Notes") issued by PBF Holding and PBF Finance Corporation.

PBF Energy Announces Full Redemption of $1.25 Billion of PBF Holding 9.25% Senior Secured Notes due 2025

PBF Energy (PBF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

News for PBF Energy Stock (PBF)