Shares of PBF Energy Inc. (NYSE:PBF – Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $50.64 and last traded at $50.0770, with a volume of 4951115 shares. The stock had previously closed at $46.59.
PBF Energy News Summary
Here are the key news stories impacting PBF Energy this week:
- Positive Sentiment: PBF has rallied to a one‑year high on the broader energy rally and spillover strength for refiners. PBF Energy (PBF) Soars to 1-year High on Energy Rally Spillover
- Positive Sentiment: Short interest has fallen recently (reducing one layer of selling pressure and potential short‑covering volatility), which can support further upside if sector momentum continues.
- Neutral Sentiment: PBF announced its Q1 2026 earnings release date: results will be published April 30 — this scheduled report is likely to drive volatility around margins, throughput and crack spreads. PBF Energy to Release First Quarter 2026 Earnings Results
- Neutral Sentiment: Operational note: analyst/industry coverage suggests PBF’s refining footprint is tracking broader NYSE Composite trends — useful context for relative performance versus peers. PBF Energy (NYSE:PBF) Refining Operations Align With Nyse Composite
- Negative Sentiment: Analyst pressure: Bank of America Securities reiterated a sell rating on PBF, a direct negative for sentiment and a possible contributor to near‑term pressure if the broader energy rally fades. Bank of America Securities Sticks to Their Sell Rating for PBF Energy (PBF)
- Negative Sentiment: Insider selling: major shareholder Control Empresarial De Capital has been actively trimming its stake (recent sales include 340,000 and 472,000‑share transactions), which can weigh on sentiment even amid sector strength. SEC filing available. PBF Energy (NYSE:PBF) Insider Control Empresarial De Capital Sells 340,000 Shares
- Negative Sentiment: Market commentators warn refiners’ moves can be driven by volatile crack spreads; if spreads normalize, PBF could face profit‑taking after the recent run. As Energy Surges on Crack Spreads, Consider Taking Gains on 2 Small Cap Oil Stocks
Wall Street Analyst Weigh In
PBF has been the subject of several recent analyst reports. The Goldman Sachs Group increased their price target on PBF Energy from $33.00 to $41.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. BMO Capital Markets reiterated a “market perform” rating and set a $34.00 price objective on shares of PBF Energy in a report on Monday, January 5th. Zacks Research upgraded PBF Energy from a “strong sell” rating to a “hold” rating in a research report on Thursday, February 19th. Weiss Ratings reissued a “sell (d)” rating on shares of PBF Energy in a research note on Monday, December 29th. Finally, Mizuho raised their target price on shares of PBF Energy from $38.00 to $45.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $31.69.
PBF Energy Price Performance
The stock has a market cap of $5.88 billion, a price-to-earnings ratio of -34.21, a P/E/G ratio of 0.86 and a beta of 0.41. The company has a 50 day simple moving average of $37.83 and a 200-day simple moving average of $33.69. The company has a current ratio of 1.21, a quick ratio of 0.51 and a debt-to-equity ratio of 0.40.
PBF Energy (NYSE:PBF – Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The oil and gas company reported $0.49 earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.64. The company had revenue of $7.14 billion during the quarter, compared to analysts’ expectations of $7.17 billion. PBF Energy had a negative return on equity of 8.86% and a negative net margin of 0.54%.PBF Energy’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period in the prior year, the firm earned ($2.82) earnings per share. Research analysts expect that PBF Energy Inc. will post -1.12 EPS for the current year.
PBF Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Wednesday, February 25th were issued a $0.275 dividend. The ex-dividend date was Wednesday, February 25th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.2%. PBF Energy’s dividend payout ratio (DPR) is -74.83%.
Insider Activity at PBF Energy
In related news, insider Control Empresarial De Capital sold 472,000 shares of the stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $47.02, for a total transaction of $22,193,440.00. Following the completion of the transaction, the insider owned 22,132,898 shares in the company, valued at approximately $1,040,688,863.96. This represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 8,328,600 shares of company stock valued at $343,335,936 over the last 90 days. Insiders own 5.30% of the company’s stock.
Hedge Funds Weigh In On PBF Energy
A number of large investors have recently modified their holdings of the business. Hsbc Holdings PLC increased its position in shares of PBF Energy by 81.7% in the fourth quarter. Hsbc Holdings PLC now owns 67,674 shares of the oil and gas company’s stock valued at $1,840,000 after acquiring an additional 30,430 shares during the last quarter. Corient Private Wealth LLC boosted its position in PBF Energy by 4.1% during the fourth quarter. Corient Private Wealth LLC now owns 12,309 shares of the oil and gas company’s stock valued at $334,000 after purchasing an additional 483 shares during the last quarter. Pacer Advisors Inc. boosted its position in PBF Energy by 15.6% during the fourth quarter. Pacer Advisors Inc. now owns 19,473 shares of the oil and gas company’s stock valued at $528,000 after purchasing an additional 2,635 shares during the last quarter. Empowered Funds LLC grew its stake in PBF Energy by 7.3% in the fourth quarter. Empowered Funds LLC now owns 119,402 shares of the oil and gas company’s stock valued at $3,238,000 after purchasing an additional 8,154 shares in the last quarter. Finally, Voloridge Investment Management LLC grew its stake in PBF Energy by 49.7% in the fourth quarter. Voloridge Investment Management LLC now owns 1,729,304 shares of the oil and gas company’s stock valued at $46,899,000 after purchasing an additional 574,001 shares in the last quarter. 96.29% of the stock is currently owned by institutional investors and hedge funds.
About PBF Energy
PBF Energy, Inc is an independent petroleum refiner organized in 2008 and headquartered in Parsippany, New Jersey. The company began trading on the New York Stock Exchange in July 2012 under the ticker symbol PBF. Since its formation, PBF Energy has grown through acquisitions and operational optimization, positioning itself as a leading supplier of refined petroleum products in the United States.
The company owns and operates five refineries located along the U.S. Gulf Coast, East Coast and in the Pacific Northwest, with a combined crude oil processing capacity of approximately 900,000 barrels per day.
Further Reading
Receive News & Ratings for PBF Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PBF Energy and related companies with MarketBeat.com's FREE daily email newsletter.
