PBF Energy(PBF)

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PBF Energy(PBF) - 2024 Q3 - Earnings Call Transcript
2024-10-31 16:02
PBF Energy Inc. (NYSE:PBF) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Colin Murray - Investor Relations Matthew Lucey - President and Chief Executive Officer Karen Davis - Senior Vice President and Chief Financial Officer Paul Davis - Senior Vice President, Supply, Trading and Optimization Thomas O’Connor - Senior Vice President, Commodity Risk and Strategy Michel Bukowski - Senior Vice President, Head of Refining Conference Call Participants Roger Read - Wells Fargo D ...
PBF Energy (PBF) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-10-31 12:46
PBF Energy (PBF) came out with a quarterly loss of $1.50 per share versus the Zacks Consensus Estimate of a loss of $1.40. This compares to earnings of $6.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.14%. A quarter ago, it was expected that this refiner would post a loss of $0.25 per share when it actually produced a loss of $0.56, delivering a surprise of -124%.Over the last four quarters, the company has surpassed c ...
PBF Energy(PBF) - 2024 Q3 - Quarterly Report
2024-10-31 10:50
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35764 PBF ENERGY INC. (Exact name of registrant as specified in its charter) Delaware 45-3763855 (State or other jurisdict ...
PBF Energy(PBF) - 2024 Q3 - Quarterly Results
2024-10-31 10:42
PBF Energy Announces Third Quarter 2024 Results and Declares Increased Dividend of $0.275 per Share • Third quarter loss from operations of $386.3 million (excluding special items, third quarter loss from operations of $231.5 million) • Announces 10% increase to quarterly dividend to $0.275 per share • Third quarter 2024 share repurchases of approximately 2.0 million shares for approximately $75 million PARSIPPANY, NJ - October 31, 2024 - PBF Energy Inc. (NYSE:PBF) today reported third quarter 2024 loss fro ...
PBF Energy Announces Third Quarter 2024 Results and Declares Increased Dividend of $0.275 per Share
Prnewswire· 2024-10-31 10:30
Third quarter loss from operations of $386.3 million (excluding special items, third quarter loss from operations of $231.5 million) Announces 10% increase to quarterly dividend to $0.275 per share Third quarter 2024 share repurchases of approximately 2.0 million shares for approximately $75 millionPARSIPPANY, N.J., Oct. 31, 2024 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported third quarter 2024 loss from operations of $386.3 million as compared to income from operations of $1,077.1 million for t ...
PBF Energy Earnings Preview: More Losses In The Third Quarter
Seeking Alpha· 2024-10-29 04:41
PBF Energy (NYSE: PBF ) is scheduled to announce third quarter earnings on 10/31/2024. As a result of continuing decline in crack spreads, I expect investors to miss out on the candy and to be handedI am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equities and rental real estate properties for cash flow and l ...
Analysts Estimate PBF Energy (PBF) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-24 15:05
Wall Street expects a year-over-year decline in earnings on lower revenues when PBF Energy (PBF) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 31. O ...
Over $40M Bet On PBF Energy? Check Out These 4 Stocks Executives Are Buying
Benzinga· 2024-09-06 12:59
Although U.S. stocks closed mixed on Thursday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, ...
PBF Energy to Release Third Quarter 2024 Earnings Results
Prnewswire· 2024-09-03 20:15
PARSIPPANY, N.J., Sept. 3, 2024 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the third quarter 2024 on Thursday, October 31, 2024. The company will host a conference call and webcast regarding results and other business matters on Thursday, October 31, 2024, at 8:30 a.m. ET. The call is being webcast and can be accessed on PBF Energy's website, http://www.pbfenergy.com. The call can also be accessed by dialing (800) 579-2543 or (785) 424-1789, Conf ...
PBF Energy Might Be Cheapest Net-Asset Play On Wall Street (Rating Upgrade)
Seeking Alpha· 2024-09-01 05:44
MichaelRLopez If you like to find companies selling well below their accounting cost, depreciated, net hard-asset value (after subtracting all liabilities), PBF Energy, Inc. Class A Common (NYSE:PBF) should be near the top of your research list. [Class A shares represented 99.3% of voting power at the end of December, Class B the remaining 0.7%. Page 8 of the 2023 10-K] The business operates mostly petroleum refineries across the United States, based in New Jersey. And, with a rough 50% haircut in price sin ...