PBF Energy is a holding company whose primary asset is a controlling equity interest in PBF LLC. We are the sole managing member of PBF LLC and operate and control all of the business and affairs of PBF LLC. We consolidate the financial results of PBF LLC and its subsidiaries and record a noncontrolling interest in our consolidated financial statements representing the economic interests of the members of PBF LLC other than PBF Energy. PBF LLC is a holding company for the companies that directly or indirectly own and operate our business. PBF Holding is a wholly-owned subsidiary of PBF LLC and is the parent company for our refining operations. PBFX is an indirect wholly-owned subsidiary of PBF LLC that owns and operates logistics assets that support our refining operations.
Company profile
Ticker
PBF
Exchange
Website
CEO
Thomas Nimbley
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
PBF Energy Company LLC • PBF Holding Company LLC • PBF Services Company LLC • PBF Investments LLC • Delaware City Refining Company LLC • PBF Power Marketing LLC • Paulsboro Refining Company LLC • Toledo Refining Company LLC • PBF Finance Corporation • PBF International Inc. ...
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
29 Jun 23
8-K
Announce Closing of St. Bernard Biorefinery Partnership
28 Jun 23
10-Q
2023 Q1
Quarterly report
5 May 23
8-K
PBF Energy Announces First Quarter 2023 Results and Declares Dividend of $0.20 per Share
5 May 23
8-K
PBF Energy Announces CEO Transition Plans
4 May 23
8-K
Departure of Directors or Certain Officers
18 Apr 23
8-K
Eni Sustainable Mobility and PBF Energy Announce Partnership
23 Feb 23
10-K
2022 FY
Annual report
16 Feb 23
8-K
PBF Energy Reports Fourth Quarter 2022 Results and Declares Dividend of $0.20 per Share and Announces Partnership for St. Bernard Renewables Project
16 Feb 23
8-K
Departure of Directors or Certain Officers
15 Feb 23
Transcripts
PBF
Earnings call transcript
2022 Q4
16 Feb 23
PBF
Earnings call transcript
2022 Q3
27 Oct 22
PBF
Earnings call transcript
2022 Q2
28 Jul 22
PBF
Earnings call transcript
2022 Q1
28 Apr 22
PBF
Earnings call transcript
2021 Q3
28 Oct 21
PBF
Earnings call transcript
2021 Q2
29 Jul 21
PBF
Earnings call transcript
2021 Q1
29 Apr 21
PBF
Earnings call transcript
2020 Q4
11 Feb 21
PBF
Earnings call transcript
2020 Q3
29 Oct 20
Latest ownership filings
No filings
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.62 bn | 1.62 bn | 1.62 bn | 1.62 bn | 1.62 bn | 1.62 bn |
Cash burn (monthly) | 195.83 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 2.50 bn | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -880.99 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -4.5 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
92.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 384 |
Opened positions | 77 |
Closed positions | 42 |
Increased positions | 113 |
Reduced positions | 154 |
13F shares | Current |
---|---|
Total value | 5.21 tn |
Total shares | 110.23 mm |
Total puts | 2.43 mm |
Total calls | 5.03 mm |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 13.70 mm | $733.22 bn |
Helu Carlos Slim | 12.58 mm | $571.37 mm |
Vanguard | 11.63 mm | $622.61 bn |
Dimensional Fund Advisors | 7.26 mm | $388.70 bn |
STT State Street | 5.57 mm | $297.96 bn |
Arrowstreet Capital, Limited Partnership | 3.38 mm | $179.84 bn |
BK Bank Of New York Mellon | 3.33 mm | $178.37 bn |
Geode Capital Management | 2.64 mm | $141.46 bn |
GS Goldman Sachs | 2.47 mm | $132.22 bn |
MS Morgan Stanley | 1.91 mm | $102.46 bn |
News
Scotiabank Maintains Sector Perform on PBF Energy, Raises Price Target to $56
11 Apr 24
Wells Fargo Maintains Overweight on PBF Energy, Raises Price Target to $71
11 Apr 24
Piper Sandler Maintains Neutral on PBF Energy, Raises Price Target to $61
5 Apr 24
Analyst Expectations For PBF Energy's Future
1 Apr 24
JP Morgan Maintains Overweight on PBF Energy, Raises Price Target to $59
1 Apr 24