Added to YB: 2024-10-01
Pitch date: 2024-09-29
PBF [bullish]
PBF Energy Inc.
+2.93%
current return
Author Info
Chop Wood, Carry Water is a tech manager and investor searching for value-based investments. Sign up for the newsletter.
Company Info
PBF Energy Inc., through its subsidiaries, engages in refining and supplying petroleum products. The company operates through two segments, Refining and Logistics.
Market Cap
$1.7B
Pitch Price
$29.50
Price Target
51.00 (+68%)
Dividend
7.33%
EV/EBITDA
32.90
P/E
-3.26
EV/Sales
0.11
Sector
Oil, Gas and Consumable Fuels
Category
value
$PBF Quick Pitch
PBF: 6 refineries, 1M+ bpd. Revenue $38.3B (-18% YoY). Net income $2.14B (-26% YoY). FCF $868M. P/B 0.59. Renewable diesel JV w/ Eni. Risks: oil price volatility, regulations, cybersecurity. Pros: geographic diversity, cost management, shareholder returns. PT $51, upside potential.
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