PBF Energy

PBF

Market cap $3.76B

PBF Energy soared 14% on a robust gap-and-go following a Piper Sandler upgrade to ‘Overweight' accompanied by a $40 price target. The catalyst mentioned was PBF‘s strategic advantage in increasing Venezuelan crude imports.

PBF Energy (PBF) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

President Trump intends to meet representatives of the three largest U.S. oil companies and other domestic producers at the White House on Friday to discuss making significant investments in Venezuela's oil sector, according to people familiar with the matter.

A full-scale resumption of Venezuelan oil exports would benefit refiners in the United States and lower their fuel production costs, with the refineries capable of absorbing most of the roughly 1 million barrels per day of crude that would trade freely if U.S. sanctions on the South American country are removed.

Shares of US oil companies surged on Monday, a jump spurred by the potential to gain access to Venezuela's massive oil reserves. Shares of Chevron, the sole US major currently operating in Venezuela's oil fields, saw a 6.5% jump in premarket trading, according to a Reuters report.

PARSIPPANY, N.J., Jan. 2, 2026 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that rebuild activities at its 157,000 barrel per day Martinez, California refinery following the February 1, 2025 fire are now expected to progress into February.

PARSIPPANY, N.J. , Dec. 18, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Goldman Sachs Energy, CleanTech & Utilities Conference on January 5-7, 2026.

PARSIPPANY, N.J. , Dec. 18, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the fourth quarter 2025 on Thursday, February 12, 2026.

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

PBF posts narrower Q3 loss as cost cuts lift results, though revenues and throughput volumes fall year over year.