Pbf Energy Inc Stock Price, News & Analysis

PBF Energy Inc. (NYSE:PBF) announced its participation in the Scotia Howard Weil Energy Conference on March 22, 2022. The event highlights PBF Energy's commitment as one of North America's largest independent refiners, operating facilities across California, Delaware, Louisiana, New Jersey, and Ohio. The company aims to provide safe and responsible operations while delivering superior returns to investors. Additionally, PBF Energy holds approximately 48% of the limited partnership interest in PBF Logistics LP (NYSE:PBFX).

PBF Energy Inc. (NYSE:PBF), a leading independent refiner in North America, will participate in two significant industry events: the Credit Suisse Annual Energy Summit on March 1, 2022, and the Bank of America Refining Conference on March 10, 2022. These conferences provide a platform for PBF's management team to engage with investors and industry experts.

The company operates refineries in California, Delaware, Louisiana, New Jersey, and Ohio, underlining its commitment to safety and environmental responsibility while aiming for superior returns for its investors.

PBF Energy reported a fourth quarter 2021 income from operations of $291.1 million, a significant improvement from a loss of $328.1 million in Q4 2020. Net income for Q4 2021 was $189.1 million, up from a net loss of $286.0 million a year earlier. Adjusted fully-converted net income was $156.8 million, or $1.28 per share, compared to a loss of $547.4 million, or $(4.53) per share, in Q4 2020. The company’s liquidity stood at over $2.4 billion as of December 31, 2021. Going forward, PBF is focused on capital discipline and renewable fuels production at its Chalmette refinery.

PBF Energy Inc. announced the election of Paul Donahue as an independent director, effective January 1, 2022. Donahue brings over 33 years of experience in finance and the energy sector, previously serving as Head of Americas Equity Capital Markets at Morgan Stanley. Thomas J. Nimbley, CEO, expressed confidence in Donahue's capabilities to enhance the board. PBF Energy is a leading independent refiner in North America, with operations across several states and substantial interests in PBF Logistics LP (NYSE: PBFX).

PBF Energy Inc. (NYSE: PBF) will release its fourth-quarter 2021 earnings results on February 10, 2022, at 8:30 a.m. ET. A conference call will follow, which can be accessed via PBF's website or by phone at (877) 869-3847 or (201) 689-8261. The audio replay will be available shortly after the call. PBF Energy is a premier independent refiner in North America, with operational facilities in states including California, Delaware, and New Jersey. It also holds around 48% of the limited partnership interest in PBF Logistics LP (NYSE: PBFX).

PBF Energy Inc. (NYSE:PBF) announced its participation in two upcoming virtual conferences: the Sankey Research Virtual Refining Conference on January 3, 2022, and the Goldman Sachs Global Energy and Clean Technology Conference on January 5-6, 2022. PBF Energy operates major oil refineries across North America, including facilities in California, Delaware, Louisiana, New Jersey, and Ohio. The company aims to ensure safe and environmentally responsible operations while delivering value to investors. Additionally, PBF Energy holds approximately 48% of PBF Logistics LP (NYSE: PBFX).

PBF Energy Inc. (NYSE:PBF) will participate in the Cowen 2021 Energy Summit virtually on December 2, 2021. This event will feature members of the management team engaging with investors and industry analysts. PBF Energy is one of the largest independent refiners in North America, with operations across several states including California, Delaware, Louisiana, New Jersey, and Ohio. The company holds a significant interest in PBF Logistics LP (NYSE: PBFX), reinforcing its position in the energy sector.

PBF Energy reported a third quarter 2021 income from operations of $100.9 million, rebounding from a loss of $342.7 million in Q3 2020. Net income was $78.7 million, or $0.49 per share, compared to a net loss of $397.8 million in the same period last year. The results reflect improved demand, despite challenges from Hurricane Ida and regulatory issues impacting the refining sector. The company has reduced consolidated debt by approximately $304 million and maintains operational liquidity over $2.6 billion. PBF plans a renewable fuels project at its Chalmette refinery to enhance growth.

PBF Energy Inc. (NYSE:PBF) will announce its third-quarter earnings on October 28, 2021. A conference call and webcast for discussing quarterly results and other business matters will follow at 8:30 a.m. ET. Investors can access the call via PBF Energy's website or by phone at (877) 869-3847. PBF Energy is a leading independent refiner in North America, operating refineries across states like California, Delaware, and Louisiana. The company also holds a significant stake in PBF Logistics LP (NYSE:PBFX).