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.

Shares of PBF Energy (NYSE:PBF) fell 0.5% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 855.00% year over year to ($4.53), which missed the estimate of ($3.17).

Recap: PBF Energy Q4 Earnings

PARSIPPANY, N.J., Feb. 11, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported fourth quarter 2020 loss from operations of $328.1 million as compared to income from operations of $123.0 million for the fourth quarter of 2019. Excluding special items, fourth quarter 2020 loss...

PBF Energy Reports Fourth Quarter 2020 Results

PBF Energy's (PBF) fourth-quarter results are likely to be affected by lower crude oil and feedstocks throughput, and production volumes.

Will Lower Production Affect PBF Energy's (PBF) Q4 Earnings?

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

Implied Volatility Surging for PBF Energy (PBF) Stock Options

PARSIPPANY, N.J., Jan. 5, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the fourth quarter 2020 on Thursday, February 11, 2021. The company will host a conference call and webcast regarding quarterly results and other...

PBF Energy to Release Fourth Quarter 2020 Earnings Results

PARSIPPANY, N.J., Dec. 30, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Sankey Research Virtual Refining Conference on January 4, 2021, the 3rd Annual Mizuho Virtual Refining Conference on January 5, 2021, and...

PBF Energy to Participate in Virtual Investor Conferences

Amarin Corporation Plc

Intercept Pharma

Invesco Mortgage Capital

NGL Energy Partners

Nextcure

SNDL Inc.

Tricida Inc

Tellurian

Washington Prime Group

These companies are eager to say good riddance to the year that was.

The 10 Worst Performing Stocks of 2020

Casey's General Stores

Switchback Energy Acquisition Corp

SolarEdge Technologies

Chevron

Occidental Petroleum

Whiting Petroleum

Exxon Mobil

The oil patch is losing control of the market to companies whose machines harvest energy from the Sun and wind. But there are still opportunities.

9 Stocks To Buy For Opportunities In The Energy Revolution

PBF Logistics

PBF Logistics has once again produced solid results for the third quarter of 2020 and kept their very high distribution yield ticking along. Sadly, this relatively smooth sailing has not extended to their parent company, PBF Energy who is under notable stress, which may worry the unitholders of their subsidiary.

PBF Logistics: Tough Times For Their Parent But Smooth Sailing For This Double-Digit Yielder

Blackrock recently bought 14% of PBF stock, despite a terrible short-term outlook for the sector. It's speculating on 2021 and you can, too.

Downturn in PBF Energy Stock Could Be an Opportunity

PARSIPPANY, N.J., Dec. 16, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), priced an add-on offering of $250.0 million in aggregate principal amount of 9.25% senior secured notes due 2025...

PBF Energy Announces Pricing of $250 Million Add-on Offering of 9.25% Senior Secured Notes Due 2025

PBF Energy completely suspended their dividends earlier in 2020 due to the impacts from the COVID-19 economic downturn. This has caused their operating cash flow to turn negative for the first nine months of 2020, which is near a crisis point for any company.

PBF Energy: COVID-19 Continues Taking Its Toll

PARSIPPANY, N.J., Dec. 1, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that the company's management will be participating in the Cowen 2020 Energy Conference on December 3, 2020. Any company presentation materials will be made available on the Investor Relations...

PBF Energy to Participate in the Cowen 2020 Energy Conference

PBF Energy (PBF) expects energy demand to remain in the bearish zone until a medical solution is available for people.

PBF Energy (PBF) Surges 57.4% Since Q3 Earnings: Here's Why

PBF Energy Inc (PBF) CEO Tom Nimbley on Q3 2020 Results - Earnings Call Transcript

PBF Energy (PBF) delivered earnings and revenue surprises of -11.67% and -22.95%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

PBF Energy (PBF) Reports Q3 Loss, Lags Revenue Estimates

PARSIPPANY, N.J., Oct. 29, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported a third quarter 2020 loss from operations of $342.7 million as compared to income from operations of $151.9 million for the third quarter of 2019. Excluding special items, third quarter 2020 loss...

PBF Energy Announces East Coast Refining Reconfiguration and Reports Third Quarter 2020 Results

PBF Energy (PBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: PBF Energy (PBF) Q3 Earnings Expected to Decline

HollyFrontier

Marathon Petroleum

Phillips 66

Valero Energy

Lingering signs of oil demand weakness are still evident. Refiners, such as PBF Energy (PBF), Valero (VLO) and Phillips 66 (PSX) have reduced runs to cope with the coronavirus-induced erosion in usage.

EIA Oil Supply Data Headlines: Crude Stocks Down, Gasoline Up

The federal government's EIA report revealed that crude inventories fell by 2 million barrels compared to expectations of a 1.9-million-barrel build for the week ending Sep 25.

Oil Posts a Quarterly Gain as Supplies Fall for the Third Week

Parsley Energy

Pioneer Natural Resources

While oil prices have come a long way from the depths of coronavirus-induced mayhem, lingering signs of weakness are still evident.

6 Key Factors That Could Cause Another Oil Market Crash

PARSIPPANY, N.J., Sept. 22, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the third quarter 2020 on Thursday, October 29, 2020. The company will host a conference call and webcast regarding quarterly results and other...

PBF Energy to Release Third Quarter 2020 Earnings Results

CVR Energy

n a new report on the downstream (refining and marketing) sector of the oil and gas industry, analysts at Moody’s Investors Service raised their outlook on the sector from negative to positive based on expected growth of earnings before interest, taxes, depreciation and amortization in 2021 “well above” the firm’s 10% minimum threshold for a positive outlook. That’s the good news.

News for PBF Energy Stock (PBF)