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.

PBF Energy (PBF) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

PBF Energy (PBF) Moves 9.0% Higher: Will This Strength Last?

PARSIPPANY, N.J. , March 12, 2024 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Bank Of America Refining Conference on March 14, 2024, and the Piper Sandler Annual Energy Conference on March 18-20, 2024.

PBF Energy to Participate in Industry Conferences

PBF Energy's (PBF) weak Q4 earnings are primarily due to lower crude oil and feedstock throughput volumes. This was offset partially by lower costs and expenses.

PBF Energy's (PBF) Q4 Earnings Miss on Lower Throughput

PBF Energy Inc. (PBF) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for PBF Energy (PBF) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, PBF Energy (PBF) Q4 Earnings: A Look at Key Metrics

PBF Energy (PBF) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of $0.08. This compares to earnings of $4.41 per share a year ago.

PBF Energy (PBF) Reports Q4 Loss, Tops Revenue Estimates

Fourth quarter loss from operations of $47.2 million (excluding special items, fourth quarter loss from operations of $46.1 million) Full year income from operations of $2,951.5 million (excluding special items, full year income from operations of $2,017.6 million) Year-ending consolidated cash balance of approximately $1.8 billion Returned more than $180 million to stockholders through dividends and share buybacks in the fourth quarter and approximately $640 million in the year Increased total outstanding share repurchase authorization to over $1 billion with new $750 million approval PARSIPPANY, N.J. , Feb. 15, 2024 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported fourth quarter 2023 loss from operations of $47.2 million as compared to income from operations of $955.6 million for the fourth quarter of 2022.

PBF Energy Reports Fourth Quarter and Full Year 2023 Results, Declares Dividend of $0.25 per Share and Announces Increased Share Repurchase Authorization

Chevron

Northern California's Bay Area Air Quality Management District on Tuesday said it had reached separate agreements with Chevron and PBF Energy that will settle legal challenges the refiners brought against the agency's regulations.

Chevron, PBF agree to settlements over Northern California air-quality compliance

Akoustis Technologies

Compass Diversified Holdings

Edgewise Therapeutics

Occidental Petroleum

PaySign Inc

RXO Inc

While investors shouldn't get too focused on any one signal, a great source of confidence stems from insider favorite stocks. As the old adage goes, it's difficult to tell what insider selling means.

Insider Favorites: 7 Stocks with Bullish Buying Signals

Harmony Biosciences Holdings

LSI Industries

When it comes to undervalued Russell 2000 stocks, the narrative for targeting this specific space is the same as any other market-based motivation: buy low, sell high. It's just that with the Russell 2K index, we're dealing with smaller-capitalization enterprises.

The 3 Most Undervalued Russell 2000 Stocks to Buy in February 2024

Credicorp

Costamare

When it comes to understanding the potential movement of stocks, the relative strength index (RSI) is a valuable tool. It is a momentum indicator measuring price changes, giving valuable insights as it oscillates from 0 to 100.

3 Near-Overbought Stocks to Buy for Fast Gains

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.

Will PBF Energy (PBF) Beat Estimates Again in Its Next Earnings Report?

Liberty Media Corp-Liberty SiriusXM

Marpai

OPKO Health

Solid Biosciences

The number of notable insider purchases in mid-January may have been somewhat small, but a couple from the Oracle of Omaha made headlines.

More Big Warren Buffett Purchases Highlight Recent Insider Buying

CVR Energy

Delek US Hlds

Murphy USA

Following a careful analysis of the Zacks Oil and Gas - Refining & Marketing industry, we advise focusing on companies like MUSA, PBF, CVI and DK.

Refining & Marketing Landscape Augurs Well for These 4 Stocks

Energy stocks have underperformed the S&P 500 this year due to investor bets on lower inflation and rate cuts. PBF Energy, a major independent petroleum refiner, is an under-the-radar gem with strong fundamentals and an attractive valuation. PBF has a diverse product range, strategic refinery locations, and promising growth potential, along with initiatives in renewable diesel and hydrogen production.

PBF Energy: A Deeply Undervalued Top-Rated Energy Play For 2024 And Beyond

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing PBF Energy (PBF) Right Now?

PARSIPPANY, N.J. , Dec. 6, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the fourth quarter and full-year 2023 on Thursday, February 15, 2024.

PBF Energy to Release Fourth Quarter 2023 Earnings Results

Peabody Energy

Centerspace REIT

Titan Machinery

Textron

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 BTU, TXT, PBF, TITN and CSR hold promise.

5 Valuable Low Price-to-Sales Stocks With Potential to Grow

Here is how PBF Energy (PBF) and Seadrill (SDRL) have performed compared to their sector so far this year.

Are Oils-Energy Stocks Lagging PBF Energy (PBF) This Year?

Celestica

Flex

KB Financial Group

SurgePays

TORM

Vici Properties

In an era of dynamic market fluctuations and ever-evolving industries, identifying value stocks that promise significant growth potential is paramount. Delving into the strategies and prospects of seven key value stocks, the article provides a glimpse into the diverse landscape of investment possibilities.

7 Value Stocks That Could Double Your Net Worth

Arch Capital

Iron Mountain

Microsoft

Ryder System

Microsoft (MSFT), Ryder (R), Iron Mountain (IRM), PBF Energy (PBF) and Arch Capital (ACGL) are some of the stocks with high ROE to profit from as markets witness intense volatility.

Buy 5 Stocks With High ROE as Market Volatility Runs Amok

DoubleDown Interactive Co Ltd

Dell Technologies

PBF, DELL and DDI made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 10, 2023.

Best Value Stocks to Buy for November 10th

Andersons

Kadant

Progressive

Rithm Capital Corp

PGR, PBF, ANDE, KAI and RITM have been added to the Zacks Rank #1 (Strong Buy) List on November 10, 2023.

New Strong Buy Stocks for November 10th

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.

After Plunging -7.16% in 4 Weeks, Here's Why the Trend Might Reverse for PBF Energy (PBF)

Credit Acceptance

JetBlue Airways

The stock market has been on a downswing throughout the fall. High interest rates, inflation, and geopolitical tensions are among the factors weighing on investor sentiment.

Contrarian Investor? Get Ready to Profit With These 3 Short-Squeeze Stocks

News for PBF Energy Stock (PBF)