PBF Energy
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: 3,855
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
41% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 90
1.76% more ownership
Funds ownership: 76.16% [Q4 2024] → 77.92% (+1.76%) [Q1 2025]
4% less funds holding
Funds holding: 316 [Q4 2024] → 303 (-13) [Q1 2025]
11% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 56
26% less capital invested
Capital invested by funds: $2.33B [Q4 2024] → $1.72B (-$608M) [Q1 2025]
38% less call options, than puts
Call options by funds: $38.8M | Put options by funds: $62.2M
50% less funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 1 (-1) [Q1 2025]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Wells Fargo Roger Read | 1%downside $21 | Equal-Weight Maintained | 11 Jun 2025 |
Mizuho Nitin Kumar | 9%upside $23 | Underperform Maintained | 13 May 2025 |
UBS Manav Gupta | 23%upside $26 | Buy Upgraded | 13 May 2025 |
Piper Sandler Ryan Todd | 6%downside $20 | Underweight Maintained | 2 May 2025 |
Morgan Stanley Connor Lynagh | 6%downside $20 | Equal-Weight Maintained | 24 Apr 2025 |
Financial journalist opinion









