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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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.

While the top- and bottom-line numbers for PBF Energy (PBF) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

PBF Energy (PBF) Reports Q3 Earnings: What Key Metrics Have to Say

Third quarter income from operations of $1,077.1 million (excluding special items, third quarter income from operations of $1,145.6 million) Increased quarterly dividend by 25% to $0.25 per share Reduced debt by approximately $170 million St. Bernard Renewables reports profitability in first full quarter of operations Repurchased approximately 14.3 million shares for approximately $590 million, from inception to date PARSIPPANY, N.J. , Nov. 2, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported third quarter 2023 income from operations of $1,077.1 million as compared to income from operations of $1,400.0 million for the third quarter of 2022.

PBF Energy Announces Third Quarter 2023 Results and Declares Dividend of $0.25 per Share

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Higher production of refined products from the East Coast is expected to have aided PBF Energy's (PBF) earnings in Q3.

Is a Beat in Store for PBF Energy (PBF) in Q3 Earnings?

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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) Expected to Beat Earnings Estimates: Should You Buy?

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Considering the bullish outlook of the Zacks Oil and Gas - Refining & Marketing industry, we advise loading up on companies like PBF, CVI and DK.

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Companies from the energy space that are expected to beat Q3 earnings are PBF Energy Inc. (PBF), ConocoPhillips (COP) and EOG Resources, Inc. (EOG).

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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 a Great Momentum Stock: Should You Buy?

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Do you have more faith in DuPont analysis than simple ROE calculation? Tap Lifeway Foods (LWAY), EMCOR Group (EME), Super Micro Computer (SMCI), Group 1 Automotive (GPI) and PBF Energy (PBF).

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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.

Can PBF Energy (PBF) Run Higher on Rising Earnings Estimates?

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, PBF Energy (PBF) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Fast-paced Momentum Stock PBF Energy (PBF) Is Still Trading at a Bargain

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 5.7% Higher: Will This Strength Last?

PARSIPPANY, N.J. , Aug. 25, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the third quarter 2023 on Thursday, November 2, 2023.

PBF Energy to Release Third Quarter 2023 Earnings Results

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PARSIPPANY, N.J. , Aug. 14, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), priced $500 million in aggregate principal amount of 7.875% senior notes due 2030 (the "Notes") at an issue price of 99.324% in a private offering.

PBF Energy Announces Pricing of $500 Million of Senior Notes due 2030

PARSIPPANY, N.J. , Aug. 14, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), intends to offer, subject to market and other conditions, $500 million in aggregate principal amount of senior notes due 2030 (the "Notes") in a private offering.

PBF Energy Announces Intention to Offer $500 Million of Senior Notes due 2030

Lower costs and expenses aid PBF Energy's (PBF) earnings in Q2.

PBF Energy (PBF) Q2 Earnings Beat on Lower Costs & Expenses

PBF Energy, Inc. (NYSE:PBF ) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Colin Murray - Senior Director, IR Thomas Nimbley - Executive Chairman Matthew Lucey - President, CEO & Director Timothy Davis - SVP of Supply, Trading & Optimization Thomas O'Malley - Consultant Karen Davis - SVP & CFO Conference Call Participants Roger Read - Wells Fargo Securities Doug Leggate - Bank of America Merrill Lynch John Royall - JPMorgan Chase & Co. Paul Sankey - Sankey Research Matthew Blair - Tudor, Pickering, Holt & Co. Ryan Todd - Piper Sandler & Co. Manav Gupta - UBS Operator Good day, everyone, and welcome to the PBF Energy Second Quarter 2023 Earnings Conference Call and Webcast. [Operator Instructions].

PBF Energy, Inc. (PBF) Q2 2023 Earnings Call Transcript

While the top- and bottom-line numbers for PBF Energy (PBF) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

PBF Energy (PBF) Reports Q2 Earnings: What Key Metrics Have to Say

PBF Energy (PBF) came out with quarterly earnings of $2.29 per share, beating the Zacks Consensus Estimate of $2.22 per share. This compares to earnings of $10.58 per share a year ago.

News for PBF Energy Stock (PBF)