Pbf Energy Inc Stock Price, News & Analysis

PBF Energy Inc. (NYSE: PBF), a leading independent refiner in North America, will participate in the Scotia Howard Weil Energy Conference on March 24, 2021. The event will feature members of PBF's management team, providing insights into the company's operations and market strategies. PBF operates refineries across several states, including California, Delaware, Louisiana, New Jersey, and Ohio. Additionally, PBF holds approximately 48% of the limited partnership interest in PBF Logistics LP (NYSE: PBFX).

PBF Energy Inc. (NYSE:PBF) will take part in the Bank of America Refining Conference on March 10, 2021. This event enables members of their management team to engage with industry stakeholders, highlighting their operations as a significant independent refiner in North America. With refineries located in states like California, Louisiana, and New Jersey, PBF aims to operate safely, responsibly, and profitably while benefiting local communities. Additionally, PBF indirectly owns about 48% of the limited partnership interest in PBF Logistics LP (NYSE:PBFX).

PBF Energy Inc. (NYSE: PBF) announced its participation in Raymond James' 42nd Annual Institutional Investor Conference on March 2, 2021. The event will feature key members of the management team presenting insights and strategies of the company. PBF Energy is a leading independent refiner in North America, with operations in multiple states, including California, Delaware, Louisiana, New Jersey, and Ohio. Additionally, PBF holds about 48% of PBF Logistics LP (NYSE: PBFX). For further details, visit the PR Newswire.

PBF Energy reported a significant loss from operations of $328.1 million for Q4 2020, down from a profit of $123.0 million in Q4 2019. The net loss was $286.0 million, or $(2.49) per share, compared to a net income of $69.1 million a year prior. Excluding special items, the adjusted net loss was $547.4 million, or $(4.53) per share. The company ended the year with $1.6 billion in cash, aiming for operational efficiency through a $100 million annual savings initiative. PBF anticipates continued challenges due to the pandemic, with reduced refinery utilization expected in early 2021.

PBF Energy Inc. (NYSE:PBF) announced the release of its fourth quarter 2020 earnings results on February 11, 2021. A conference call will follow at 8:30 a.m. ET to discuss the results and other business matters. The call will be available via webcast on the company’s official website, and an audio replay will be accessible shortly after the call ends. PBF is a leading independent refiner in North America, with operations across several states including California, Louisiana, and New Jersey, and it also owns 48% of PBF Logistics LP (NYSE:PBFX).

PBF Energy Inc. (NYSE:PBF) announced its participation in three upcoming virtual investor conferences: the Sankey Research Virtual Refining Conference on January 4, 2021, the 3rd Annual Mizuho Virtual Refining Conference on January 5, 2021, and the Goldman Sachs Global Energy Conference 2021 on January 6, 2021. As one of North America's largest independent refiners, PBF operates oil refineries across California, Delaware, Louisiana, New Jersey, and Ohio. The company focuses on safe, reliable, and environmentally responsible operations while also providing a rewarding workplace for its employees.

PBF Energy Inc. (NYSE:PBF) announced an add-on offering of $250 million in senior secured notes due 2025, priced at 9.25% interest. The notes will be issued by its subsidiary PBF Holding Company LLC and are expected to close on December 21, 2020. Proceeds will be utilized for general corporate purposes. The offering will be made through private placements under Rule 144A and Regulation S, and the notes have not been registered under the Securities Act.

PBF Energy Inc. (NYSE:PBF) has announced an add-on offering of $250 million in 9.25% senior secured notes due 2025. This offering, subject to market conditions, aims to generate funds for general corporate purposes. PBF Holding, a subsidiary of PBF Energy, will co-issue these notes alongside PBF Finance Corporation. Previously, PBF had issued $1 billion in similar notes. The offering, designed for qualified institutional buyers, is not registered under the Securities Act and will follow a private placement process.

PBF Energy Inc. (NYSE:PBF) announced its participation in the Cowen 2020 Energy Conference on December 3, 2020. The management team will provide insights during the event, emphasizing their commitment to safety, environmental responsibility, and community engagement. Presentation materials will be accessible on PBF Energy's Investor Relations webpage. Additionally, PBF Energy holds approximately 48% of the limited partnership interest in PBF Logistics LP (NYSE:PBFX).