PBF Stock Recent News
PBF LATEST HEADLINES
PBF, RWEOY and RITM made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 15, 2023.
PBF Energy (PBF) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Lower costs and expenses aid PBF Energy's (PBF) earnings in Q3.
Here is how PBF Energy (PBF) and Pioneer Natural Resources (PXD) have performed compared to their sector so far this year.
PBF Energy has a stellar balance sheet and is trading below tangible book value. The company operates in the oil refining business, which is competitive and cyclical, meaning a downturn in energy demand is the main risk. Based on 11 years of trading as a public company, average enterprise valuation multiples support a double in price to $90 a share for a 12-month target.
There are a number of top-rated stocks set to report their quarterly results on Thursday, November 2 with several belonging to the Zacks Oils & Energy sector.
Higher production of refined products from the East Coast is expected to have aided PBF Energy's (PBF) earnings in Q3.
PBF, WSM and PSFE made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 11, 2023.
PBF Energy (PBF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Does PBF Energy (PBF) have what it takes to be a top stock pick for momentum investors? Let's find out.