New insider activity at PBF Energy ( (PBF) ) has taken place on January 15, 2026.
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Carso De-C Inmobiliaria has executed a sizable divestment in PBF Energy, selling 366,000 shares of the company’s stock. The total value of this transaction amounts to $12,198,520, reflecting a significant move by the reporting person as noted in the additional representative persons disclosure (see Exhibit 99-1).
Recent Updates on PBF stock
Over the last day, the main development for PBF Energy has been a notable reassessment by Piper Sandler, which shifted to a more positive stance on the stock while slightly trimming its price target. The change in view is driven by expectations that West Coast refining supply-demand balances will tighten materially in 2026, a backdrop that should benefit PBF given its significant leverage to the PADD 5 region despite delays at its Martinez refinery. Piper also points to anticipated insurance proceeds that are expected to bolster the balance sheet and potentially support future shareholder returns if refining margins outperform. Additionally, the firm highlights that while PBF’s organic free cash flow generation lags some peers, the stock’s valuation remains inexpensive on an EV/EBITDA basis and it is currently the only U.S. refiner trading well below recent highs, factors that contribute to their more constructive long-term outlook and explain the target adjustment. Recent price action over the past 24 hours is thus largely framed around this improved fundamental narrative, centered on regional refining dynamics, balance sheet support from insurance, and relative valuation rather than any new earnings release or major corporate announcement.
Spark’s Take on PBF Stock
According to Spark, TipRanks’ AI Analyst, PBF is a Neutral.
The score is held back primarily by weak profitability and negative operating/free cash flow. Technicals are mixed rather than decisively bullish, while valuation support comes mainly from the dividend yield (the negative P/E reflects losses). The earnings call adds modest upside due to execution progress on cost savings and the Martinez restart, but near-term operational and market challenges remain.
To see Spark’s full report on PBF stock, click here.
More about PBF Energy
YTD Price Performance: 19.54%
Average Trading Volume: 3,005,873
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.76B