PBF Energy (PBF) AI Stock Analysis

• Market Cap: $3.16B
• Dividend Yield: 3.86%
• Average Volume (3M): 3.67M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.10
• Revenue Growth: -18.73%
• EPS Growth: -236.79%
• Country: US
• Employees: 3,855
• Sector: Energy
• Sector Strength: 68
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): -1.03
• Shares Outstanding: 115,698,630
• 10 Day Avg. Volume: 4,237,989
• 30 Day Avg. Volume: 3,666,816
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.65
• Enterprise Value/Revenue: 0.17
• Enterprise Value/Gross Profit: -4.86
• Enterprise Value/Ebitda: -10.16
• 1Y Price Target: $23.00
• Price Target Upside: -19.24% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 10

• Rating: 51 Neutral
• Price Target: $24.50 ▼(-13.97% Downside)

PBF Energy's overall stock score is primarily impacted by significant financial challenges, particularly in profitability and cash flow. While technical analysis shows some positive momentum, the negative valuation and mixed earnings call sentiment further weigh on the score. The company's efforts in cost-saving and market outlook provide some optimism, but operational challenges remain a concern.

Positive Factors

Margins

PBF Energy is optimistic that light/heavy spreads and West Coast tightness will support their margins.

Market Demand

Lower crude prices drive higher demand for refined products, potentially benefiting PBF if the US avoids a recession.

Refining Capacity

PBF is well positioned to benefit from elevated cracks, especially in California, due to its refining capacity and complexity.

Negative Factors

Cash Flow

Free cash flow is forecasted to be limited even with expected improvements in market conditions.

Earnings

The company's earnings met expectations but underperformed compared to peers who reported significant beats.

Operational Reliability

There is an expectation that there will not be a material improvement in PBF West Coast operational reliability, with risks of downtime outweighing closure-related surplus market margin in PADD5.

PBF Energy Business Overview & Revenue Model

Company Description

PBF Energy Inc. is a leading independent petroleum refiner and supplier of unbranded transportation fuels and lubricants in the United States. Headquartered in Parsippany, New Jersey, the company operates multiple refineries and has a significant presence in the processing of crude oil into various refined products, including gasoline, diesel fuel, and jet fuel. PBF also engages in the wholesale distribution of these products and provides logistics services through its extensive network.

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 faces significant financial challenges, particularly in profitability and cash flow. The income statement shows negative profit margins and declining revenue, while the cash flow statement reflects liquidity issues. The balance sheet indicates some stability but hints at financial stress due to recent losses.

Income Statement

PBF Energy's TTM (Trailing-Twelve-Months) income statement shows challenges in profitability with a negative gross profit margin of -3.2% and a net profit margin of -3.3%. Revenue has declined by 4.8% compared to the previous year, indicating a downward trend. The EBIT margin is also negative at -4.3%, suggesting operational inefficiencies. EBITDA margin is negative at -2.6%, further highlighting profitability concerns.

Balance Sheet

The balance sheet shows a moderate financial position with a debt-to-equity ratio of 0.60, indicating a balanced leverage. Return on equity (ROE) is negative at -20.4%, reflecting recent losses. The equity ratio stands at 39.3%, showing a reasonable level of equity financing. Overall, the balance sheet indicates stability but hints at financial stress due to recent losses.

Cash Flow

Cash flow analysis reveals significant challenges, with a negative free cash flow growth rate and an operating cash flow to net income ratio of 0.61, indicating cash flow issues. The free cash flow to net income ratio is -0.85, highlighting challenges in converting profit to cash. Overall, the cash flow statement reflects liquidity issues and cash management difficulties.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	30.28B	33.12B	38.32B	46.83B	27.25B	15.12B
Gross Profit	-1.07B	-372.20M	2.40B	4.68B	887.20M	―
EBITDA	-514.50M	-17.60M	3.52B	4.31B	1.11B	-510.00M
Net Income	-982.20M	-533.80M	2.14B	2.88B	231.00M	-1.39B
Balance Sheet
Total Assets	12.98B	12.70B	14.39B	13.55B	11.64B	10.50B
Cash, Cash Equivalents and Short-Term Investments	590.70M	536.10M	1.78B	2.20B	1.34B	1.61B
Total Debt	3.20B	2.31B	2.04B	2.64B	5.01B	5.58B
Total Liabilities	7.76B	7.02B	7.76B	8.49B	9.11B	8.30B
Stockholders Equity	5.09B	5.54B	6.49B	4.93B	1.93B	1.64B
Cash Flow
Free Cash Flow	-1.18B	-347.50M	678.90M	4.14B	228.20M	-827.80M
Operating Cash Flow	-867.70M	43.40M	1.34B	4.77B	477.30M	-631.60M
Investing Cash Flow	-795.20M	-1.04B	-338.60M	-1.01B	-388.50M	-1.03B
Financing Cash Flow	805.90M	-250.70M	-1.42B	-2.90B	-356.80M	2.45B

PBF Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 28.48
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 28.48 is above the 20-day moving average (MA) of 23.92, above the 50-day MA of 23.87, and above the 200-day MA of 23.17, indicating a bullish trend. The MACD of 1.04 indicates Negative momentum. The RSI at 68.78 is Neutral, neither overbought nor oversold. The STOCH value of 97.41 is Negative, 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
DINO	74 Outperform	$9.52B	35.13	-0.93%	3.84%	-14.58%	-107.50%
VLO	73 Outperform	$47.22B	63.97	3.07%	2.87%	-11.72%	-86.21%
PSX	70 Outperform	$53.98B	32.21	6.00%	3.51%	-12.80%	-64.40%
Sector *	66 Neutral	$15.43B	7.32	3.20%	5.24%	4.22%	-60.66%
MPC	65 Neutral	$54.64B	26.62	11.24%	2.02%	-10.03%	-64.63%
PBF	51 Neutral	$3.16B	―	-17.30%	3.86%	-18.73%	-236.79%
DK	51 Neutral	$1.67B	―	-200.75%	3.29%	-29.94%	-723.41%

PBF Energy Corporate Events

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.