|Day's Range||9.30 - 9.30|
PBF Energy (PBF) closed at $41.32 in the latest trading session, marking a +1.1% move from the prior day.
Most readers would already be aware that PBF Energy's (NYSE:PBF) stock increased significantly by 20% over the past...
PBF Energy (PBF) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
(Reuters) -The U.S. Department of Justice is investigating a California unit of oil refiner PBF Energy Inc over a November emissions release, the company said. PBF Energy's Martinez refinery emitted a "powdery substance" later determined to be spent catalysts used in the refining process last Nov. 24 and 25 and had failed to notify the county of the release, Reuters reported last year. "We are cooperating with all relevant agencies, including with respect to any ongoing investigations related to the incident," said a PBF Energy spokesperson on Friday, declining further comment on pending legal matters.
Here is your Pro Recap of the biggest analyst cut you may have missed since yesterday: downgrades for Walt Disney, Procter & Gamble, Nutanix, and PBF Energy. Macquarie downgraded Walt Disney (NYSE:DIS) to Neutral from Outperform and cut its price target to $103.00 from $125.00, as InvestingPro reported in real time. The decision was communicated to employees via an email on Thursday, and it comes amidst the company's ongoing legal dispute with Florida Governor Ron DeSantis.
Zacks.com users have recently been watching PBF Energy (PBF) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Marathon Petroleum, Valero Energy, Murphy USA and PBF Energy are part of the Zacks Industry Outlook article.
There might be road bumps on the way, but Zacks Oil and Gas - Refining & Marketing companies like MPC, VLO, MUSA and PBF are still worth considering.
Higher gross refining margin per barrel of throughput aids PBF Energy's (PBF) earnings in Q1.
Readers hoping to buy PBF Energy Inc. ( NYSE:PBF ) for its dividend will need to make their move shortly, as the stock...
Q1 2023 PBF Energy Inc Earnings Call
While the top- and bottom-line numbers for PBF Energy (PBF) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
PBF Energy (PBF) delivered earnings and revenue surprises of 9.09% and 4.79%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
ConocoPhillips, EOG Resources and PBF Energy are included in this Analyst Blog.
Tellurian Inc. (TELL) delivered earnings and revenue surprises of 28.57% and 0.74%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
ONEOK's (OKE) first-quarter 2023 earnings surpass estimates, while revenues miss the same.
PBF Energy (PBF) is likely to have benefited from increased gasoline prices in the first quarter.
Favorable business environment is likely to have aided earnings of ConocoPhillips (COP), EOG Resources (EOG) and PBF Energy (PBF) in Q1.
Sustained lower crude prices are likely to have a relatively negative effect on Par Pacific's (PARR) refining margins in the first quarter.
Favorable commodity price is likely to have aided EOG Resources' (EOG) earnings in Q1.
Favorable commodity prices and production are likely to have aided Equinor's (EQNR) Q1 earnings.
The sustained lower crude prices are likely to have a relatively negative effect on Phillips 66's (PSX) refining margins in Q1.
PBF Energy (PBF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Chevron Corp has stepped up sales of Venezuelan crude oil to rival U.S. refiners, adding PBF Energy Inc and Marathon Petroleum Corp to its list of customers for the crude, vessel tracking and loading schedules showed. U.S. Gulf Coast refiners, which historically processed Venezuelan oil, have shown a renewed appetite for the heavy sour crude grade after Chevron late last year received authorization from the U.S. Treasury Department to expand its operations in Venezuela and resume oil shipments to the U.S. after a four-year pause. Chevron, the last big U.S. oil producer still operating in U.S.-sanctioned Venezuela, has increased exports of the crude since January.
PBF Energy (PBF) closed the most recent trading day at $34.38, moving -0.84% from the previous trading session.