PBF Energy Inc. (NYSE:PBF – Get Free Report) announced a quarterly dividend on Thursday, April 30th. Investors of record on Thursday, May 14th will be given a dividend of 0.275 per share by the oil and gas company on Friday, May 29th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, May 14th.
PBF Energy has increased its dividend by an average of 0.3%per year over the last three years and has raised its dividend every year for the last 2 years. PBF Energy has a payout ratio of 220.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect PBF Energy to earn $4.33 per share next year, which means the company should continue to be able to cover its $1.10 annual dividend with an expected future payout ratio of 25.4%.
PBF Energy Stock Performance
Shares of PBF stock opened at $43.08 on Friday. PBF Energy has a 12 month low of $16.47 and a 12 month high of $52.18. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.51. The firm has a market capitalization of $5.04 billion, a P/E ratio of -29.48, a P/E/G ratio of 0.18 and a beta of 0.25. The company’s fifty day moving average price is $42.56 and its two-hundred day moving average price is $35.90.
More PBF Energy News
Here are the key news stories impacting PBF Energy this week:
- Positive Sentiment: PBF flagged strong operating cash generation and near‑term recovery: income from operations excluding special items was $299.6M, the Martinez refinery restart is progressing with full planned rates expected in early May, and the company received a $106.5M insurance/installment related to the Martinez fire — all of which support near‑term cash flow. PBF Energy First Quarter 2026 Results & Restart Update
- Positive Sentiment: PBF signaled cost savings from its refinery-by-refinery (RBI) program — management pointed to roughly $350M run‑rate savings by end‑2026, a multi‑year tailwind to margins if realized. Seeking Alpha: $350M RBI run rate savings
- Positive Sentiment: The board declared a quarterly cash dividend of $0.275/share (annualized ~$1.10, ~2.5% yield), which supports income‑oriented investors and signals management confidence in near‑term liquidity. Dividend announcement
- Neutral Sentiment: Top‑line strength: Q1 revenue of $7.90B beat estimates and rose ~12% year‑over‑year, indicating resilient demand and throughput despite operational disruption. Zacks: Q1 revenue beat
- Neutral Sentiment: Governance: shareholders re‑elected the board and approved the company’s pay and incentive plan at the annual meeting, removing a potential governance overhang. TipRanks: Shareholders back board and pay plan
- Negative Sentiment: GAAP EPS miss — PBF reported a loss of $0.88/share, wider than expectations after a $208.8M mark‑to‑market derivative loss; net margin and ROE remain negative on a GAAP basis, highlighting earnings volatility. Q1 results and conference call
- Negative Sentiment: Insider selling: Control Empresarial De Capital has been a heavy seller in April (notably 362,000 shares on April 29 and follow‑up sales), which can pressure sentiment even though the remaining stake is large. SEC Form 4 — Insider Sale
PBF Energy Company Profile
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.
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