PBF Stock Recent News

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

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.

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.

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.

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

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.

PBF Energy (PBF) reports better-than-expected Q1 earnings on the back of increased throughput volumes and reduced total costs. However, lower margins have partially offset these gains.

PBF Energy (PBF) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $2.76 per share a year ago.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here is how PBF Energy (PBF) and Vista Oil & Gas, S.A.B. de C.V. Sponsored ADR (VIST) have performed compared to their sector so far this year.