PBF Energy, Inc. Class A (PBF)

PBF Energy's stock has experienced significant movement, with a 102.24% change over the past year and a 52-week range between $17.53 and $52.18. Recent events include the restart of the Martinez refinery following a fire, with Phase 1 completed in late April 2026 and full restart planned by year-end 2025. An explosion at the Chalmette Refinery on May 8, 2026, raised concerns about safety and operational stability. The stock has been influenced by the broader energy rally and favorable refining margins, as well as geopolitical disruptions. PBF Energy declared a quarterly dividend of $0.275 per share on May 29, 2026.

Demand for PBF Energy's products is influenced by seasonal patterns and economic conditions. Demand for transportation fuels is tied to travel activity and industrial production. There are seasonal swings in demand for heating oil, particularly in the Northeast. Demand for jet fuel has seen recovery and growth since 2022. PBF Energy uses CRM analytics to track regional demand and offers volume-based discounts seasonally to optimize sales, also engaging in seasonal inventory positioning and cross-plant optimization.

PBF Energy, Inc. operates in the energy sector, focusing on oil and gas refining and marketing. The company refines crude oil into products like transportation fuels, heating oils, lubricants, asphalt, petrochemical feedstocks, and renewable diesel. PBF Energy also manages crude oil and refined products terminals, pipelines, and storage facilities through its logistics segment.

PBF Energy's operations are primarily in the United States, where it owns and operates six refineries. These refineries are located on the East Coast (Delaware City, Delaware, and Paulsboro, New Jersey), the Midwest (Toledo, Ohio), the Gulf Coast (Chalmette, Louisiana), and the West Coast (Torrance and Martinez, California). The company sells its products throughout these U.S. regions, as well as in Canada and Mexico, and has the capability to ship to other international destinations.

PBF Energy's brand reputation has faced challenges concerning environmental performance and operational safety. The Delaware City refinery has a history of environmental violations, including a recent sulfur dioxide release. The World Benchmarking Alliance gave PBF Energy a low score for its climate transition plan. The recent explosion at the Chalmette refinery further impacts the company's reputation regarding safety and operational stability.

Institutional investors hold the majority of PBF Energy's shares, ranging from 71.3% to over 80% of the total shares outstanding, with key shareholders including BlackRock, Inc., Vanguard Group Inc., Goldman Sachs Group Inc., State Street Corp., and Dimensional Fund Advisors Lp. Individual investors hold approximately 18.2% of the shares, while the executive team retains about 4.5% insider ownership.