PBF Stock Recent News

Among the most notable insider purchases of the past week or so is an almost $20 million buy in an American semiconductor concern.

PARSIPPANY, N.J. , Feb. 28, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Raymond James Institutional Investor Conference on March 3-4, 2025, and the Wolfe Research Refining Conference on March 6, 2025.

PARSIPPANY, N.J. , Feb. 24, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Scotiabank Global Energy Conference on February 26, 2025.

Biotech companies saw the most notable insider purchases of the past week, including at the latest of the recent handful of biotech initial public offerings.

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.