PBF Energy (PBF) AI Stock Analysis

• Market Cap: $3.08B
• Dividend Yield: 4.23%
• Average Volume (3M): 2.61M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.33
• 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: 3,018,128
• 30 Day Avg. Volume: 2,606,390
• 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: 2.07
• Enterprise Value/Revenue: 0.22
• Enterprise Value/Gross Profit: -8.54
• Enterprise Value/Ebitda: 41.20
• 1Y Price Target: $30.60
• Price Target Upside: 17.60% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 10
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: $36.00 ▲(38.36% Upside)

PBF Energy's overall stock score is driven by financial challenges and mixed technical signals. While there is potential for recovery through strategic initiatives and market improvements, current financial performance and valuation concerns weigh heavily. The earnings call provides some optimism with progress in operational improvements, but ongoing challenges remain.

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 sale of petroleum products. The company purchases crude oil and other feedstocks, which it processes into a variety of refined products. Key revenue streams include the sale of gasoline, diesel, jet fuel, and other petrochemicals to wholesalers, retailers, and industrial customers. Additionally, PBF earns income from logistics services related to the transportation and storage of refined products. The company benefits from strategic partnerships with suppliers and customers that enhance its operational capabilities and market reach. Economic factors such as crude oil prices, refining margins, and regulatory changes in the energy sector also significantly impact PBF's earnings.

PBF Energy Financial Statement Overview

Summary

PBF Energy faces financial difficulties with negative profitability and cash flow metrics in the TTM period. The income statement and cash flow statement indicate significant operational and liquidity challenges, though the balance sheet remains relatively stable.

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	-1.29B	-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	975.50M	-250.70M	-1.42B	-2.90B	-356.80M	2.45B

PBF Energy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 26.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PBF, the sentiment is Negative. The current price of 26.02 is below the 20-day moving average (MA) of 32.12, below the 50-day MA of 33.01, and above the 200-day MA of 24.94, indicating a neutral trend. The MACD of -1.93 indicates Positive momentum. The RSI at 22.81 is Positive, neither overbought nor oversold. The STOCH value of 5.60 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PBF.

PBF Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UGP	80 Outperform	$4.03B	7.58	18.26%	8.18%	-3.51%	3.75%
PARR	70 Outperform	$1.94B	7.96	17.81%	―	-10.11%	-7.00%
DINO	68 Neutral	$8.73B	22.83	4.07%	4.22%	-9.55%	27.65%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
CVI	60 Neutral	$2.96B	17.23	21.78%	9.76%	-7.21%	135.72%
PBF	55 Neutral	$3.08B	-5.58	-9.47%	4.23%	-15.35%	-81.94%
DK	49 Neutral	$1.89B	-3.76	-115.95%	3.24%	-22.37%	-27.22%

PBF Energy Corporate Events

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.