PBF Stock Recent News

PBF Energy's high operating costs and declining crack spreads have led to significant cash burn and a degrading balance sheet, warranting a SELL rating. The Martinez refinery fire adds further uncertainty, with no clear timeline for repairs and potential negative impacts on future cash flow. Despite a low price-to-book valuation, PBF's poor financial performance and lack of cost-effectiveness make it a less attractive investment compared to peers.

PBF Q4 earnings suffer due to lower throughput volumes and a fall in refining margins. However, this is partially offset by reduced costs and expenses.

PBF Energy Inc. (NYSE:PBF ) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Colin Murray - Investor Relations Matthew Lucey - President and Chief Executive Officer Karen Davis - Senior Vice President and Chief Financial Officer Paul Davis - Senior Vice President, Supply, Trading and Optimization Thomas O'Connor - Senior Vice President, Commodity Risk and Strategy Michael Bukowski - Senior Vice President, Head of Refining Conference Call Participants Roger Read - Wells Fargo Ryan Todd - Piper Sandler Manav Gupta - UBS Neil Mehta - Goldman Sachs John Royall - JPMorgan Jason Gabelman - TD Cowen Matthew Blair - TPH Paul Cheng - Scotiabank Operator Good day, everyone and welcome to the PBF Energy Fourth Quarter and Year-End 2024 Earnings Conference Call and Webcast. At this time, all participants have been placed in a listen-only mode and the floor will be open for questions following management's prepared remarks.

While the top- and bottom-line numbers for PBF Energy (PBF) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

PBF Energy (PBF) came out with a quarterly loss of $2.82 per share versus the Zacks Consensus Estimate of a loss of $2.68. This compares to loss of $0.41 per share a year ago.

PBF Energy posted a third consecutive quarterly loss on Thursday, as the U.S. refiner took a hit from a decline in margins.

Fourth quarter loss from operations of $383.2 million (excluding special items, fourth quarter loss from operations of $427.9 million) Full year loss from operations of $699.0 million (excluding special items, full year loss from operations of $588.0 million) Declares quarterly dividend of $0.275 per share Returned more than $60 million to stockholders through dividends and share buybacks in the fourth quarter and approximately $450 million in the year PARSIPPANY, N.J. , Feb. 13, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported fourth quarter 2024 loss from operations of $383.2 million as compared to loss from operations of $47.2 million for the fourth quarter of 2023.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for PBF Energy (PBF), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.

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.

24/7 Wall St. Insights Summer gave way to autumn this past week, and notable insider buying continued.