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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

The refiner took off after it reported earnings, but the real story is likely that PBF's future looks brighter because of its improved finances.

Why PBF Energy's Stock Jumped by Over 10% Today

PBF Energy (PBF) delivered earnings and revenue surprises of -10.91% and 11.79%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

PBF Energy (PBF) Lags Q4 Earnings Estimates

Fourth quarter income from operations of $955.6 million (excluding special items, fourth quarter income from operations of $873.0 million) Year-ending consolidated cash balance of approximately $2.2 billion Reduced consolidated debt in 2022 by more than $2.3 billion Repurchased over 5 million shares for approximately $189 million to date Completed purchase of remaining public stake in PBF Logistics LP Announces partnership with Eni Sustainable Mobility for St. Bernard Renewables Project PARSIPPANY, N.J. , Feb. 16, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported fourth quarter 2022 income from operations of $955.6 million as compared to income from operations of $291.1 million for the fourth quarter of 2021.

PBF Energy Reports Fourth Quarter 2022 Results and Declares Dividend of $0.20 per Share and Announces Partnership for St. Bernard Renewables Project

ROME and PARSIPPANY, N.J. , Feb. 16, 2023 /PRNewswire/ -- Eni Sustainable Mobility and PBF Energy Inc. (NYSE: PBF) today announced they have entered into definitive agreements to partner in a 50-50 joint venture, St. Bernard Renewables LLC (SBR), for the biorefinery currently under construction co-located with PBF's Chalmette Refinery in Louisiana (US).

Eni Sustainable Mobility and PBF Energy Announce Partnership for St. Bernard Biorefinery in the US

PBF Energy (PBF) is likely to have benefited from increased fuel prices in Q4.

PBF Energy (PBF) to Post Q4 Earnings: Key Things to Consider

PBF Energy (PBF) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for PBF Energy (PBF) This Earnings Season?

PBF Energy (PBF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PBF Energy (PBF) Reports Next Week: Wall Street Expects Earnings Growth

Chord Energy Corp

Callon Petroleum

Crescent Point Energy

Gran Tierra Energy

SilverBow Resources

Vermilion Energy

With the world economy still coming to grips with the post-pandemic new normal, investors may enjoy significant upside with the most undervalued energy stocks to buy. Let's be real – no matter what anybody says about pivoting to renewables, for now, hydrocarbons rule.

The 7 Most Undervalued Energy Stocks to Buy in February 2023

Bunge Global SA

Chesapeake Energy

Darling Ingredients

Enerplus

Diamondback Energy

Marathon Oil

Ovintiv

Targa Resources

Vincent S. Maddi is the Co-Founder and Portfolio Manager at SIR Capital Management.

Top 10 Holdings of Vincent Maddi

ConocoPhillips

Enterprise Products Partners

Favorable business environment is likely to have aided earnings for ConocoPhillips (COP), Enterprise Products Partners (EPD) and PBF Energy (PBF) in Q4.

3 Energy Stocks Poised to Outshine Earnings Estimates in Q4

PBF enters 2023 at just 1.89x 2022 estimated earnings and near tangible book value. Despite being up a whopping 176% over the last year, Enterprise Value is roughly flat as PBF used the enormous cash flow to retire debt.

PBF Energy Could Be A Huge Winner In 2023

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.

Why PBF Energy (PBF) is Poised to Beat Earnings Estimates Again

PARSIPPANY, N.J. , Jan. 4, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the fourth quarter 2022 on Thursday, February 16, 2023.

PBF Energy to Release Fourth Quarter 2022 Earnings Results

PARSIPPANY, N.J. , Jan. 3, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that its indirect subsidiary, PBF Logistics LP ("PBF Logistics"), delivered a notice of full redemption of all of the $525 million in aggregate principal amount outstanding of its 6.875% Senior Notes due 2023 (the "Notes") issued by PBF Logistics and PBF Logistics Finance Corporation.

PBF Energy Announces Notice of Full Redemption for PBF Logistics LP 6.875% Senior Notes due 2023

Alpha Metallurgical Resources

Alpha and Omega Semiconductor

Guild Holdings

Matson

United States Steel

Ryerson Hld

These companies have market caps of at least $500 million, have positive earnings and debt that doesn't exceed its net worth.

The Robot Portfolio Chugs On, Up 915% in 24 Years

Peabody Energy

CONSOL Energy

CVR Energy

Hess

Helmerich & Payne

NexTier Oilfield Solutions Inc

Occidental Petroleum

Patterson-UTI Energy

Texas Pacific Land Trust

Energy stocks have had a remarkable 2022, driven by high oil and natural gas prices due to tight supplies and rising demand.

These Are the 10 Best Performing Energy Companies in 2022

Chevron

Valero Energy

Diesel prices are off record highs but remain elevated. Analysts expect tight supplies and strong demand in 2023.

Diesel Prices In 2023? Don't Expect Much Relief

PARSIPPANY, N.J. , Dec. 21, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced that Lawrence M.

PBF Energy Announces Appointment of Lawrence M. Ziemba as Director

The management team at PBF Energy announced a new $500 million share buyback program aimed at returning capital to shareholders. This follows significant debt reduction and corporate consolidation, and has been driven by robust financial performance.

PBF Energy: Management Is Using Robust Results To Reward Shareholders

Euronav

Frontline

Euronav NV EURN, Frontline Ltd FRO and PBF Energy Inc PBF shares are all trading sharply higher going into the close of Monday's session. Shares of energy companies at large are trading higher amid an increase in the price of oil.

Why Euronav, Frontline And PBF Energy Stock Are Seeing Blue Skies - Frontline (NYSE:FRO), Euronav (NYSE:EURN)

PARSIPPANY, N.J. , Dec. 12, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that its board of directors has authorized the repurchase of up to $500 million of PBF Class A common stock.

PBF Energy Announces $500 Million Share Repurchase Program

PARSIPPANY, N.J., Dec. 7, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that Karen B.

PBF Energy Names Karen B. Davis as Interim Chief Financial Officer

DCP Midstream

ePlus

TravelCenters of America

The Price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like VLO, PBF, TA, DCP and PLUS hold promises.

Buy These 5 Low Price-to-Sales Stocks for a Steady Portfolio

PBF Energy (PBF) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

PBF Energy (PBF) Loses 20.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

U.S. oil refiners that once were regular buyers of Venezuelan crude are jockeying to win access to coming cargoes chartered by Chevron Corp under a newly issued U.S. license, two people familiar with the matter said.

U.S. oil refiner Valero, rivals pursue Chevron for Venezuelan crude

News for PBF Energy Stock (PBF)