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

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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.

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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

PBF Logistics Unitholders Approve Transaction PARSIPPANY, N.J. , Nov. 30, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) and PBF Logistics LP (NYSE: PBFX) today announced the completion of the transactions contemplated by the previously announced agreement and plan of merger, pursuant to which PBF Energy acquired all of the common units representing limited partner interests in PBF Logistics ("PBFX Common Units") not already owned by PBF Energy and its subsidiaries (the "PBFX Public Common Units") for a combination of 0.270 of a share of PBF Energy Class A common stock and $9.25 in cash, without interest, per PBFX Public Common Unit.

PBF Energy Completes Acquisition of PBF Logistics

PARSIPPANY, N.J. , Nov. 29, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that independent director, Robert Lavinia, has announced his retirement from the Board of Directors effective December 31, 2022.

PBF Energy Announces the Retirement of Robert Lavinia

PARSIPPANY, N.J. , Nov. 29, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) and PBF Logistics LP (NYSE: PBFX) today announced that C.

PBF Energy and PBF Logistics Announce the Departure of Chief Financial Officer

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NEW YORK , Nov. 28, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the opening of trading on Thursday, December 1: Nexstar Media Group Inc. (NASD:NXST) will replace Sabre Corp. (NASD:SABR) in the S&P MidCap 400, and Sabre will replace Flagstar Bancorp Inc. (NYSE:FBC) in the S&P SmallCap 600. S&P MidCap 400 constituent New York Community Bancorp Inc. (NYSE: NYCB) is acquiring Flagstar Bancorp in a deal expected to be completed soon pending final conditions.

Nexstar Media Group and PBF Energy Set to Join S&P MidCap 400; Sabre and Nu Skin Enterprises to Join S&P SmallCap 600

S&P Dow Jones Indices late Monday announced several component changes to its S&P MidCap 400 and S&P SmallCap 600 indexes, including refiner and current S&P SmallCap 600 constituent PBF Energy Inc. [s:PBF] replacing Nu Skin Enterprises Inc. NUS, +2.99% in the S&P MidCap 400. Multilevel marketing company Nu Skin replaces PBF Energy in the S&P SmallCap 600, the index provider said.

PBF Energy to join S&P MidCap 400

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The Zacks Oil and Gas - Refining & Marketing operators like MPC, PSX, MUSA and PBF are expected to deliver strong operating performance due to the continued favorable market environment.

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PBF Energy (PBF) could produce exceptional returns because of its solid growth attributes.

Is PBF Energy (PBF) a Solid Growth Stock? 3 Reasons to Think "Yes"

Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?

PBF Energy (PBF) Crossed Above the 20-Day Moving Average: What That Means for Investors

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We have screened value stocks PBF, INVA, GLP, HCCI and STRL based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

5 Value Stocks With Attractive EV-to-EBITDA Ratios to Snap Up

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

What Makes PBF Energy (PBF) a Strong Momentum Stock: Buy Now?

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

Earnings Estimates Rising for PBF Energy (PBF): Will It Gain?

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The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find. One may buy ARCH, TITN, PBF, VLO & ACLS.

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Energy concern PBF Energy Inc (NYSE:PBF) is worth keeping a close eye on.

PBF Energy Stock Could Topple 4-Year Highs

Increased contributions from the Refining segment primarily aid PBF Energy's (PBF) Q3 earnings.

PBF Energy (PBF) Gains 3.2% as Q3 Earnings Beat Estimates

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PBF Energy enjoyed a massive cash windfall during early 2022 and following the third quarter, they reinstated their dividends. Despite being lower than the second quarter, their operating cash flow for the third once again still provided a massive cash windfall.

PBF Energy: Time To Lock In Profits

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With a buying opportunity playing out in the stock market, investing in sound stocks like CalMaine Foods (CALM), Comstock Resources (CRK), Halliburton (HAL), PBF Energy (PBF) and Molina Healthcare (MOH) seems prudent.

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PBF Energy Inc. (NYSE:PBF ) Q3 2022 Earnings Conference Call October 27, 2022 8:30 AM ET Company Participants Colin Murray - Senior Director of Investor Relations Tom Nimbley - Chief Executive Officer Matt Lucey - President Erik Young - Senior Vice President & Chief Financial Officer Paul Davis - Senior Vice President of Supply, Trading & Optimization Tom O'Connor - Senior Vice President of Commodity Risk & Strategy Conference Call Participants Roger Read - Wells Fargo Doug Leggate - Bank of America Ryan Todd - Piper Sandler John Royall - JPMorgan Carly Davenport - Goldman Sachs Paul Cheng - Scotiabank Operator Good day, everyone and welcome to PBF Energy Third Quarter 2022 Earnings Call and Webcast. [Operator Instructions] The floor will be open for your questions following management's prepared remarks.

PBF Energy Inc. (PBF) Q3 2022 Earnings Call Transcript

PBF Energy (PBF) delivered earnings and revenue surprises of 39.30% and 26.19%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

PBF Energy (PBF) Q3 Earnings and Revenues Surpass Estimates

Third quarter income from operations of $1,400.0 million (excluding special items, third quarter income from operations of $1,403.0 million) Announces reinstatement of regular quarterly dividend of $0.20 per share Net debt to capitalization reduced to 1% versus 59% at year-end 2021, excluding special items PARSIPPANY, N.J. , Oct. 27, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported third quarter 2022 income from operations of $1,400.0 million as compared to income from operations of $100.9 million for the third quarter of 2021.

News for PBF Energy Stock (PBF)