PBF Energy (PBF) AI Stock Analysis

• Market Cap: $4.09B
• Dividend Yield: 3.18%
• Average Volume (3M): 2.88M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.37
• Revenue Growth: -15.35%
• EPS Growth: -81.94%
• Country: US
• Employees: 3,855
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): -0.52
• Shares Outstanding: 115,847,490
• 10 Day Avg. Volume: 3,075,719
• 30 Day Avg. Volume: 2,880,106
• PEG Ratio: 0.05
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 0.09
• P/FCF Ratio: -8.88
• Enterprise Value/Market Cap: 1.56
• Enterprise Value/Revenue: 0.22
• Enterprise Value/Gross Profit: -8.54
• Enterprise Value/Ebitda: 41.20
• 1Y Price Target: $27.27
• Price Target Upside: -25.98% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 11
• EPS Forecast (FY): -5.25
• Revenue Forecast (FY): $29.62B

• Rating: 55 Neutral
• Price Target: $35.00 ▼(-4.99% Downside)

PBF Energy's overall stock score is primarily impacted by its financial challenges, with negative profitability and cash flow metrics. However, technical analysis shows positive momentum, and the earnings call indicates potential improvements through strategic initiatives. The valuation reflects current financial difficulties, but the company's efforts to improve efficiency and capture favorable market conditions could lead to recovery.

Positive Factors

Cost-Saving Initiatives

The RBI program's cost-saving measures aim to enhance operational efficiency and profitability, providing long-term financial benefits.

Strong Market Outlook

Favorable market conditions for refining margins suggest potential for improved profitability and revenue growth in the coming months.

Cash and Liquidity Position

A strong liquidity position provides financial flexibility to manage operational challenges and invest in growth opportunities.

Negative Factors

Negative Profitability

Negative margins indicate operational inefficiencies, which could hinder long-term profitability if not addressed.

Cash Flow Challenges

Negative cash flows suggest difficulties in generating cash from operations, impacting the company's ability to fund growth and manage debt.

Martinez Refinery Challenges

Operational delays at the Martinez refinery could affect production capacity and financial performance, posing a risk to recovery efforts.

PBF Energy Business Overview & Revenue Model

Company Description

PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products. The company sells its products in Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, and Mexico. It also offers various rail, truck, and marine terminaling services, as well as pipeline transportation and storage services. As of December 31, 2021, the company owned and operated six oil refineries and related assets. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey.

How the Company Makes Money

PBF Energy generates revenue primarily through the refining and marketing of petroleum products. The company's key revenue streams include the sale of refined products such as gasoline, diesel, jet fuel, and other specialty products, which are sold to wholesalers, retailers, and commercial customers. Additionally, PBF earns income from its logistics operations, which support the transportation and storage of crude oil and refined products. The company's financial performance is influenced by factors such as refining margins, crude oil prices, and demand for transportation fuels. Strategic partnerships with suppliers and customers also play a role in enhancing operational efficiencies and optimizing revenue generation.

PBF Energy Financial Statement Overview

Summary

PBF Energy is experiencing financial difficulties with negative profitability and cash flow metrics. The income statement and cash flow statement indicate significant operational and liquidity challenges, though the balance sheet remains relatively stable. Historical performance suggests potential for recovery, but improvements are necessary.

Income Statement

PBF Energy's income statement reveals a challenging financial position with negative margins across gross profit, net income, and EBIT for the TTM period. The company has experienced a decline in revenue growth, with a significant drop in total revenue compared to previous years. The negative EBIT and net profit margins indicate operational inefficiencies and profitability challenges. However, historical data shows periods of profitability, suggesting potential for recovery if market conditions improve.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, indicating a manageable level of leverage. However, the return on equity is negative, reflecting recent losses and reduced shareholder value. The equity ratio is stable, suggesting a solid asset base. Despite current challenges, the company has maintained a reasonable balance between debt and equity, which could support future financial stability.

Cash Flow

Cash flow analysis highlights significant challenges, with negative operating and free cash flows in the TTM period. The free cash flow growth rate is negative, indicating cash flow deterioration. The operating cash flow to net income ratio is also negative, reflecting cash flow issues. Historical data shows fluctuations in cash flow performance, suggesting potential volatility in cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	29.54B	33.12B	38.32B	46.83B	27.25B	15.12B
Gross Profit	-747.50M	-372.20M	2.40B	4.68B	887.20M	-1.63B
EBITDA	154.90M	-2.40M	3.62B	4.36B	1.13B	-491.90M
Net Income	-526.20M	-533.80M	2.14B	2.88B	231.00M	-1.39B
Balance Sheet
Total Assets	13.04B	12.70B	14.39B	13.55B	11.64B	10.50B
Cash, Cash Equivalents and Short-Term Investments	482.00M	536.10M	1.78B	2.20B	1.34B	1.61B
Total Debt	3.16B	2.31B	2.04B	2.64B	5.01B	5.58B
Total Liabilities	7.68B	7.02B	7.76B	8.49B	9.11B	8.30B
Stockholders Equity	5.23B	5.54B	6.49B	4.93B	1.93B	1.64B
Cash Flow
Free Cash Flow	-1.03B	-347.50M	678.90M	4.14B	228.20M	-827.80M
Operating Cash Flow	-774.30M	43.40M	1.34B	4.77B	477.30M	-631.60M
Investing Cash Flow	-695.90M	-1.04B	-338.60M	-1.01B	-388.50M	-1.03B
Financing Cash Flow	973.90M	-250.70M	-1.42B	-2.90B	-356.80M	2.45B

PBF Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 36.84
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PBF, the sentiment is Positive. The current price of 36.84 is above the 20-day moving average (MA) of 31.92, above the 50-day MA of 30.61, and above the 200-day MA of 23.78, indicating a bullish trend. The MACD of 1.71 indicates Negative momentum. The RSI at 70.70 is Negative, neither overbought nor oversold. The STOCH value of 74.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PBF.

PBF Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UGP	71 Outperform	$4.36B	8.39	18.65%	3.23%	-6.18%	-9.87%
PARR	70 Outperform	$2.06B	7.91	17.81%	―	-10.11%	-7.00%
DINO	68 Neutral	$9.75B	25.50	4.07%	3.79%	-9.55%	27.65%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
CVI	63 Neutral	$3.64B	22.28	21.78%	7.55%	-7.21%	135.72%
PBF	55 Neutral	$4.09B	―	-9.47%	3.18%	-15.35%	-81.94%
DK	50 Neutral	$2.33B	―	-200.75%	2.67%	-29.94%	-723.41%

PBF Energy Corporate Events

PBF Energy Reports Strong Q3 2025 Results

PBF Energy Inc. is one of the largest independent refiners in North America, operating oil refineries and related facilities across several states and focusing on safe, reliable, and environmentally responsible operations. The company also has a stake in the St. Bernard Renewables joint venture for sustainable fuel production.

PBF Energy Approves Executive Incentive Awards

On October 21, 2025, PBF Energy‘s Board of Directors approved long-term incentive awards for its named executive officers, to be granted on October 28, 2025, under the company’s 2025 Equity Incentive Plan. These awards include restricted shares, performance share units, and performance units, with vesting scheduled for December 31, 2028, based on the company’s performance relative to its peers. This move aims to align executive compensation with company performance, potentially impacting stakeholder interests by incentivizing management to achieve higher total shareholder returns.

The most recent analyst rating on (PBF) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on PBF Energy stock, see the PBF Stock Forecast page.

PBF Energy Announces CFO Retirement and New Appointments

On August 18, 2025, PBF Energy announced the retirement of Karen B. Davis as the Chief Financial Officer and Chief Accounting Officer, effective September 30, 2025. Joseph Marino will be promoted to Chief Financial Officer, and Steven Andriola will become Chief Accounting Officer, effective October 1, 2025. Additionally, Ms. Davis will be re-appointed to the Board of Directors. This transition is expected to support the company’s financial initiatives and maintain stability in its leadership team.

The most recent analyst rating on (PBF) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on PBF Energy stock, see the PBF Stock Forecast page.

PBF Energy’s Earnings Call: Progress Amid Challenges

PBF Energy’s recent earnings call conveyed a balanced sentiment, highlighting significant progress in the Martinez refinery rebuild and strong business improvement initiatives. Despite these advancements, the company faced financial challenges with an adjusted net loss and difficulties related to crude differentials. However, the outlook remains optimistic with promising future prospects.

PBF Energy Reports Q2 2025 Results and Strategic Moves

PBF Energy Inc. is a leading independent refiner in North America, operating refineries and related facilities across several states, with a focus on safe, reliable, and environmentally responsible operations. In its second quarter of 2025, PBF Energy reported an income from operations of $43 million, a significant improvement from the previous year’s loss. Despite a net loss of $5.4 million, the company declared a quarterly dividend of $0.275 per share. Key highlights include the partial restoration of operations at the Martinez refinery and a strategic sale of terminal assets for $175 million. The company also received substantial insurance recoveries related to a fire incident at the Martinez refinery, which contributed to the financial results. Looking ahead, PBF Energy remains focused on improving its financial position through debt reduction and operational efficiency initiatives, with an optimistic outlook on global supply and demand balances.