PBF Energy
PBF

$40.46

1.82%

Market Cap: 4.8B

About: PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX's operations.

Employees: 3,776

Energy Petroleum Refining

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 15 analysts

0

News positive %

of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 6 (+3) [Q1 2024]

28% more call options, than puts

Call options by funds: $206M | Put options by funds: $161M

27% more capital invested

Capital invested by funds: $4.42B [Q4 2023] → $5.63B (+$1.21B) [Q1 2024]

0.42% less ownership

Funds ownership: 82.32% [Q4 2023] → 81.89% (-0.42%) [Q1 2024]

4% less funds holding

Funds holding: 392 [Q4 2023] → 377 (-15) [Q1 2024]

14% less repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 146

21% less first-time investments, than exits

New positions opened: 57 | Existing positions closed: 72

See Fund Rankings

Research analyst outlook

15 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$45

11%

upside

Avg. target

$58

43%

upside

High target

$74

83%

upside

15 analyst ratings

7 positive

47%

8 neutral

53%

0 negative

0%

Scotiabank Paul Cheng	11%upside $45	Sector Perform Maintained	12 Jul 2024
JP Morgan John Royall	31%upside $53	Overweight Maintained	2 Jul 2024
Goldman Sachs Neil Mehta	24%upside $50	Neutral Maintained	1 Jul 2024
Mizuho Nitin Kumar	33%upside $54	Neutral Maintained	20 Jun 2024
Piper Sandler Ryan Todd	16%upside $47	Neutral Maintained	14 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about PBF published over the past 30 days

Zacks Investment Research

Analysts Estimate PBF Energy (PBF) to Report a Decline in Earnings: What to Look Out for

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.

Analysts Estimate PBF Energy (PBF) to Report a Decline in Earnings: What to Look Out for

Zacks Investment Research

Here's Why Hold Strategy is Apt for PBF Energy (PBF) Now

PBF Energy's (PBF) strategic diversification into renewable fuel positions it well for growth in the energy transition landscape.

Here's Why Hold Strategy is Apt for PBF Energy (PBF) Now

24/7 Wall Street

Huge Insider Buying at a Warren Buffett Pick and 5 Other Stocks

24/7 Insights With the second quarter winding up, some insiders are making sizable purchases of stock.

Huge Insider Buying at a Warren Buffett Pick and 5 Other Stocks

Zacks Investment Research

A Case for Tracking These 3 Refining & Marketing Stocks

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

A Case for Tracking These 3 Refining & Marketing Stocks

PBF Energy: Recent Weakness Appears Overdone

PBF Energy shares have fallen over 25% from recent highs, underperforming the S&P 500 amid concerns about the refining cycle turning. Q1 earnings beat expectations, as PBF has efficiently managed operations and completed maintenance activity despite a less favorable macro. PBF's strong balance sheet, efficient operations, and potential for significant capital returns make it a compelling value despite recent share price decline.

PBF Energy: Recent Weakness Appears Overdone

PBF Energy to Release Second Quarter 2024 Earnings Results

PARSIPPANY, N.J. , June 14, 2024 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the second quarter 2024 on Thursday, August 1, 2024.

PBF Energy to Release Second Quarter 2024 Earnings Results

PBF Energy to Participate in J.P. Morgan Energy Conference

PARSIPPANY, N.J. , June 13, 2024 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the J.P.

PBF Energy to Participate in J.P. Morgan Energy Conference

Zacks Investment Research

Is PBF Energy (PBF) Outperforming Other Oils-Energy Stocks This Year?

Here is how PBF Energy (PBF) and Texas Pacific (TPL) have performed compared to their sector so far this year.

Is PBF Energy (PBF) Outperforming Other Oils-Energy Stocks This Year?

Zacks Investment Research

5 Low Price-to-Sales Stocks to Replenish Your Portfolio

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 LAKE, PBF, PAGS, BBSI and JAKK hold promise.

5 Low Price-to-Sales Stocks to Replenish Your Portfolio

Zacks Investment Research

Here's Why PBF Energy (PBF) Is a Great 'Buy the Bottom' Stock Now

After losing some value lately, a hammer chart pattern has been formed for PBF Energy (PBF), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Here's Why PBF Energy (PBF) Is a Great 'Buy the Bottom' Stock Now

See News Rankings