PBF Energy Inc (N:PBF)

Business Focus: Oil & Gas Refining and Marketing

Sector:  Energy Industry:  Oil & Gas Refining and Marketing
 
See Regulatory Filings on SEC
Company Contact
Address: 1 SYLVAN WAY
PARSIPPANY NJ 7054
Tel: 1-973-2544414
Website: https://www.pbfenergy.com
IR: See website
<
Key People
Thomas J. Nimbley
Executive Chairman of the Board
Matthew C. Lucey
President, Chief Executive Officer, Director
Karen B. Davis
Chief Financial Officer, Senior Vice President
Trecia M. Canty
Senior Vice President, General Counsel, Corporate Secretary
T. Paul Davis
Senior Vice President, Supply, Trading and Optimization
Jim Fedena
Senior Vice President - Logistics, Renewable Fuels, and Strategic Assets
Wendy Ho Tai
Senior Vice President - Human Resources
Thomas L. O'Connor
Senior Vice President, Commodity Risk and Strategy
Steven Steach
Senior Vice President - Refining
Business Overview
PBF Energy Inc. is an independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The Company sells its products throughout the Northeast, Midwest, Gulf Coast and West Coast of the United States, as well as in other regions of the United States, Canada and Mexico and are able to ship products to other international destinations. The Company operates through two business segments: Refining and Logistics. Its Refining segment includes the operations of its six refineries, which produces unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The Company's Logistics segment includes PBF Logistics LP (PBFX), a partnership, formed to own or lease, operate, develop and acquire crude oil and refined products terminals, pipelines, storage facilities and similar logistics assets.
Financial Overview
For the fiscal year ended 31 December 2023, PBF Energy Inc revenues decreased 18% to $38.32B. Net income decreased 26% to $2.14B. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Refining segment income decrease of 51% to $2.18B. Basic Earnings per Share excluding Extraordinary Items decreased from $23.47 to $17.13.
Employees: 3,776 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $6,381M as of Dec 31, 2023
Annual revenue (TTM): $38,325M as of Dec 31, 2023
EBITDA (TTM): $2,662M as of Dec 31, 2023
Net annual income (TTM): $2,141M as of Dec 31, 2023
Free cash flow (TTM): $59.10M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 119,164,894 as of Mar 11, 2024
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.