Added to YB: 2026-05-20
Pitch date: 2026-03-12
PBF [bullish]
PBF Energy Inc.
+1.72%
current return
Author Info
No bio for this author
Company Info
PBF Energy Inc., through its subsidiaries, engages in the refining and supplying of petroleum products.
Market Cap
$5.0B
Pitch Price
$42.04
Price Target
N/A
Dividend
2.60%
EV/EBITDA
33.92
P/E
11.08
EV/Sales
0.27
Sector
Oil, Gas and Consumable Fuels
Category
value
PBF Energy Inc. - $PBF
PBF: High-complexity US refiner at 0.9x P/B vs peers at 2.5-3x. Martinez 157k bpd facility back to full capacity, positioned for discounted Venezuelan heavy crude margins. Tax-shielded FCF from NOLs + 45Z credits; net debt $1.6B manageable. $250M+ buyback active, 24% short interest. Estimate market cap in FCF over 2yrs. 2026 EBITDA likely 2-3x consensus. Risks: CA regulations, crack spread volatility, operational execution.
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