PBF Energy (PBF)

• Market cap: $3.57B
• 1 day: 1.74%
• 5 days: 10.12%
• 1 month: 11.07%
• 3 months: -7.76%
• 6 months: -22.34%
• Year to date: 15.84%
• 1 year: -24.68%
• 5 years: 0.00%
• 10 years: 25.90%
• Sector: Energy
• Industry: Petroleum Refining

About: PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX's operations.

Employees: 3,776

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

27% more call options, than puts

Call options by funds: $72.1M | Put options by funds: $56.7M

5.11% less ownership

Funds ownership: 81.06% [Q2] → 75.95% (-5.11%) [Q3]

14% less funds holding

Funds holding: 388 [Q2] → 335 (-53) [Q3]

18% less repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 140

25% less funds holding in top 10

Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]

38% less capital invested

Capital invested by funds: $4.42B [Q2] → $2.75B (-$1.67B) [Q3]

51% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 96

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $20 36% downside
• Avg. target: $32 2% upside
• High target: $35 13% upside

7 analyst ratings

• positive: 0 0%
• neutral: 5 71%
• negative: 2 29%

JP Morgan John Royall 35% 1-year accuracy 6 / 17 met price target	13% upside $35	Neutral Maintained	10 Jan 2025
TD Cowen Jason Gabelman 39% 1-year accuracy 11 / 28 met price target	36% downside $20	Sell Downgraded	20 Dec 2024
Mizuho Nitin Kumar 56% 1-year accuracy 41 / 73 met price target	0% downside $31	Underperform Downgraded	16 Dec 2024
BMO Capital Randy Ollenberger 33% 1-year accuracy 1 / 3 met price target	6% upside $33	Market Perform Maintained	13 Dec 2024
Goldman Sachs Neil Mehta 44% 1-year accuracy 18 / 41 met price target	10% upside $34	Neutral Maintained	10 Dec 2024