| PBF Energy: Shares Can Recover As Cash Pressures Ease |
PBF Energy shares have plummeted 68% in the past year, exacerbated by a recent fire and higher-than-expected operating costs. Despite significant financial setbacks, insurance proceeds and asset sales are expected to bolster PBF's balance sheet and reduce debt levels. Crack spreads are recovering, and management's cost-cutting efforts aim for $350 million in savings, likely restoring positive EBITDA. |
seekingalpha.com |
2025-05-03 12:00:00 |
Czytaj oryginał (ang.) |
| Planet Based Foods Announces New Management and Board Changes |
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2025) - Planet Based Foods Global Inc. (CSE: PBF) (OTC Pink: PBFFF) (FSE: AZ00) (the "Company"), a company that offers a diverse portfolio of sustainable food ingredients and innovative plant-based solutions, is pleased to announce several changes to its executive leadership team and board of directors (the "Board"), effective immediately. Sigal Shapira has been named the Chief Executive Officer, President, and Director. |
newsfilecorp.com |
2025-05-02 21:04:00 |
Czytaj oryginał (ang.) |
| PBF Energy Reports Narrower Loss in Q1 & Y/Y Revenue Decline |
Reduced costs and expenses aid PBF's Q1 earnings. |
zacks.com |
2025-05-02 17:41:06 |
Czytaj oryginał (ang.) |
| PBF Energy Inc. (PBF) Q1 2025 Earnings Call Transcript |
PBF Energy Inc. (NYSE:PBF ) Q1 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Company Participants Colin Murray - Investor Relations Matthew Lucey - President and Chief Executive Officer Michael Bukowski - Senior Vice President, Head of Refining Karen Davis - Chief Financial Officer Thomas O'Connor - Senior Vice President, Commodity Risk and Strategy Conference Call Participants Roger Read - Wells Fargo Manav Gupta - UBS John Avedon - Wolfe Research Paul Cheng - Scotiabank Matthew Blair - TPH Neil Mehta - Goldman Sachs Ryan Todd - Piper Sandler Conor Fitzpatrick - Bank of America Jason Gabelman - TD Cowen Operator Good day everyone, and welcome to the PBF Energy First Quarter 2025 Earnings Conference Call and Webcast. At this time, all participants have been placed in a listen-only mode and the floor will be open for questions following management prepared remarks. |
seekingalpha.com |
2025-05-01 17:16:24 |
Czytaj oryginał (ang.) |
| Here's What Key Metrics Tell Us About PBF Energy (PBF) Q1 Earnings |
While the top- and bottom-line numbers for PBF Energy (PBF) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-05-01 16:00:40 |
Czytaj oryginał (ang.) |
| PBF Energy (PBF) Reports Q1 Loss, Tops Revenue Estimates |
PBF Energy (PBF) came out with a quarterly loss of $3.09 per share versus the Zacks Consensus Estimate of a loss of $3.50. This compares to earnings of $0.86 per share a year ago. |
zacks.com |
2025-05-01 12:45:40 |
Czytaj oryginał (ang.) |
| PBF Energy Announces First Quarter 2025 Results, Sale of Terminal Assets and Declares Dividend of $0.275 per Share |
First quarter loss from operations of $511.2 million (excluding special items, first quarter loss from operations of $441.8 million) Partial operations restored at Martinez refinery Declared quarterly dividend of $0.275 per share Announces sale of terminal assets for $175 million PBF received notice that its insurers agreed to pay a net $250 million unallocated first installment of insurance proceeds related to the Martinez incident PARSIPPANY, N.J. , May 1, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported first quarter 2025 loss from operations of $511.2 million as compared to income from operations of $145.1 million for the first quarter of 2024. |
prnewswire.com |
2025-05-01 10:30:00 |
Czytaj oryginał (ang.) |
| How Will These 3 Energy Stocks Perform This Earnings Season? |
Here's a preview of what to expect from energy stocks TRP, TRGP, and PBF ahead of their quarterly earnings reports, set to be released tomorrow. |
zacks.com |
2025-04-30 14:35:39 |
Czytaj oryginał (ang.) |
| Earnings Preview: PBF Energy (PBF) Q1 Earnings Expected to Decline |
PBF Energy (PBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-24 15:06:15 |
Czytaj oryginał (ang.) |
| PBF Energy to Release First Quarter 2025 Earnings Results |
PARSIPPANY, N.J. , April 1, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the first quarter 2025 on Thursday, May 1, 2025. |
prnewswire.com |
2025-04-01 21:00:00 |
Czytaj oryginał (ang.) |
| CSE Bulletin: Reinstatement - Planet Based Foods Global Inc. (PBF) |
Toronto, Ontario--(Newsfile Corp. - Le 20 mars/March 2025) - Effective immediately, Planet Based Foods Global Inc. will be reinstated for trading. The Company has rectified the situation that gave rise to the suspension. |
newsfilecorp.com |
2025-03-20 12:17:00 |
Czytaj oryginał (ang.) |
| PBF Energy to Participate in Piper Sandler Annual Energy Conference |
PARSIPPANY, N.J. , March 14, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Piper Sandler 25th Annual Energy Conference on March 18, 2025. |
prnewswire.com |
2025-03-14 18:45:00 |
Czytaj oryginał (ang.) |
| PBF Energy Announces Pricing of Upsized $800 Million of Senior Notes due 2030 |
PARSIPPANY, N.J. , March 12, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), priced $800 million in aggregate principal amount of 9.875% senior notes due 2030 (the "Notes") at an issue price of 98.563% in a private offering. |
prnewswire.com |
2025-03-12 20:47:00 |
Czytaj oryginał (ang.) |
| PBF Energy Announces Intention to Offer $750 Million of Senior Notes due 2030 |
PARSIPPANY, N.J. , March 12, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), intends to offer, subject to market and other conditions, $750 million in aggregate principal amount of senior notes due 2030 (the "Notes") in a private offering. |
prnewswire.com |
2025-03-12 11:02:00 |
Czytaj oryginał (ang.) |
| Tom Nimbley to Transition to Non-Executive Chairman of the Board |
PARSIPPANY, N.J. , March 11, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that Thomas J. |
prnewswire.com |
2025-03-11 20:15:00 |
Czytaj oryginał (ang.) |
| PBF Energy Plans Staged Restart of Fire-Damaged Martinez Refinery |
PBF's Martinez refinery, shut since the fire incident on Feb. 1, is set to restart in phases. The first stage will begin in Q2 2025, while full operations are expected by Q4. |
zacks.com |
2025-03-10 11:40:35 |
Czytaj oryginał (ang.) |
| PBF Energy Provides Update on Martinez Refinery |
PARSIPPANY, N.J. , March 6, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that, based on assessments to date, it intends to proceed with the repairs needed to restart its 157,000 barrel per day refinery in Martinez, CA. |
prnewswire.com |
2025-03-06 08:30:00 |
Czytaj oryginał (ang.) |
| Insiders Are Loading Up on These 6 Stocks Now |
Among the most notable insider purchases of the past week or so is an almost $20 million buy in an American semiconductor concern. |
247wallst.com |
2025-03-05 10:45:48 |
Czytaj oryginał (ang.) |
| PBF Energy to Participate in Industry Conferences |
PARSIPPANY, N.J. , Feb. 28, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Raymond James Institutional Investor Conference on March 3-4, 2025, and the Wolfe Research Refining Conference on March 6, 2025. |
prnewswire.com |
2025-02-28 11:00:00 |
Czytaj oryginał (ang.) |
| PBF Energy to Participate in the Scotiabank Global Energy Conference |
PARSIPPANY, N.J. , Feb. 24, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Scotiabank Global Energy Conference on February 26, 2025. |
prnewswire.com |
2025-02-24 11:58:00 |
Czytaj oryginał (ang.) |
| Biotechs Highlight 6 Stocks Insiders Are Buying Now |
Biotech companies saw the most notable insider purchases of the past week, including at the latest of the recent handful of biotech initial public offerings. |
247wallst.com |
2025-02-23 10:45:43 |
Czytaj oryginał (ang.) |
| PBF Energy: Beatings Will Continue Until Crack Spreads Improve |
PBF Energy's high operating costs and declining crack spreads have led to significant cash burn and a degrading balance sheet, warranting a SELL rating. The Martinez refinery fire adds further uncertainty, with no clear timeline for repairs and potential negative impacts on future cash flow. Despite a low price-to-book valuation, PBF's poor financial performance and lack of cost-effectiveness make it a less attractive investment compared to peers. |
seekingalpha.com |
2025-02-14 10:15:00 |
Czytaj oryginał (ang.) |
| PBF Energy's Q4 Earnings Lag Estimates, Revenues Fall Y/Y |
PBF Q4 earnings suffer due to lower throughput volumes and a fall in refining margins. However, this is partially offset by reduced costs and expenses. |
zacks.com |
2025-02-14 09:51:09 |
Czytaj oryginał (ang.) |
| PBF Energy Inc. (PBF) Q4 2024 Earnings Call Transcript |
PBF Energy Inc. (NYSE:PBF ) Q4 2024 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Colin Murray - Investor Relations Matthew Lucey - President and Chief Executive Officer Karen Davis - Senior Vice President and Chief Financial Officer Paul Davis - Senior Vice President, Supply, Trading and Optimization Thomas O'Connor - Senior Vice President, Commodity Risk and Strategy Michael Bukowski - Senior Vice President, Head of Refining Conference Call Participants Roger Read - Wells Fargo Ryan Todd - Piper Sandler Manav Gupta - UBS Neil Mehta - Goldman Sachs John Royall - JPMorgan Jason Gabelman - TD Cowen Matthew Blair - TPH Paul Cheng - Scotiabank Operator Good day, everyone and welcome to the PBF Energy Fourth Quarter and Year-End 2024 Earnings Conference Call and Webcast. At this time, all participants have been placed in a listen-only mode and the floor will be open for questions following management's prepared remarks. |
seekingalpha.com |
2025-02-13 13:50:33 |
Czytaj oryginał (ang.) |
| Here's What Key Metrics Tell Us About PBF Energy (PBF) Q4 Earnings |
While the top- and bottom-line numbers for PBF Energy (PBF) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-02-13 12:36:16 |
Czytaj oryginał (ang.) |
| PBF Energy (PBF) Reports Q4 Loss, Tops Revenue Estimates |
PBF Energy (PBF) came out with a quarterly loss of $2.82 per share versus the Zacks Consensus Estimate of a loss of $2.68. This compares to loss of $0.41 per share a year ago. |
zacks.com |
2025-02-13 10:40:38 |
Czytaj oryginał (ang.) |
| PBF Energy posts third consecutive quarterly loss on falling margins |
PBF Energy posted a third consecutive quarterly loss on Thursday, as the U.S. refiner took a hit from a decline in margins. |
reuters.com |
2025-02-13 08:51:29 |
Czytaj oryginał (ang.) |
| PBF Energy Reports Fourth Quarter and Full Year 2024 Results, Declares Dividend of $0.275 per Share |
Fourth quarter loss from operations of $383.2 million (excluding special items, fourth quarter loss from operations of $427.9 million) Full year loss from operations of $699.0 million (excluding special items, full year loss from operations of $588.0 million) Declares quarterly dividend of $0.275 per share Returned more than $60 million to stockholders through dividends and share buybacks in the fourth quarter and approximately $450 million in the year PARSIPPANY, N.J. , Feb. 13, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported fourth quarter 2024 loss from operations of $383.2 million as compared to loss from operations of $47.2 million for the fourth quarter of 2023. |
prnewswire.com |
2025-02-13 08:30:00 |
Czytaj oryginał (ang.) |
| Unlocking Q4 Potential of PBF Energy (PBF): Exploring Wall Street Estimates for Key Metrics |
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for PBF Energy (PBF), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024. |
zacks.com |
2025-02-11 12:20:40 |
Czytaj oryginał (ang.) |
| Earnings Preview: PBF Energy (PBF) Q4 Earnings Expected to Decline |
PBF Energy (PBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-02-06 13:05:50 |
Czytaj oryginał (ang.) |
| PBF Energy to Release Fourth Quarter 2024 Earnings Results |
PARSIPPANY, N.J. , Dec. 20, 2024 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the fourth quarter 2024 on Thursday, February 13, 2025. |
prnewswire.com |
2024-12-20 15:30:00 |
Czytaj oryginał (ang.) |
| PBF Energy to Participate in the Goldman Sachs Energy, CleanTech & Utilities Conference |
PARSIPPANY, N.J. , Dec. 20, 2024 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Goldman Sachs Energy, CleanTech & Utilities Conference on January 6-8, 2025. |
prnewswire.com |
2024-12-20 15:00:00 |
Czytaj oryginał (ang.) |
| Insiders Are Loving These 6 Stocks Right Now |
The year is winding down, and the stock markets are near all-time highs. Opinions on what the new year will bring vary wildly. |
247wallst.com |
2024-12-15 10:20:56 |
Czytaj oryginał (ang.) |
| PBF Energy to Participate in the TD Cowen Energy Conference |
PARSIPPANY, N.J. , Nov. 18, 2024 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the TD Cowen Energy Conference on November 19, 2024. |
prnewswire.com |
2024-11-18 12:20:00 |
Czytaj oryginał (ang.) |
| PBF Energy Stock Falls 2% as Q3 Earnings Lag, Dividend Raised |
PBF Q3 earnings are affected by lower throughput volumes and a fall in refining margins, but reduced costs and expenses resulted in operational efficiency. |
zacks.com |
2024-11-06 09:20:51 |
Czytaj oryginał (ang.) |
| PBF Energy Inc. (PBF) Q3 2024 Earnings Call Transcript |
PBF Energy Inc. (PBF) Q3 2024 Earnings Call Transcript |
seekingalpha.com |
2024-10-31 14:02:08 |
Czytaj oryginał (ang.) |
| PBF Energy (PBF) Reports Q3 Loss, Tops Revenue Estimates |
PBF Energy (PBF) came out with a quarterly loss of $1.50 per share versus the Zacks Consensus Estimate of a loss of $1.40. This compares to earnings of $6.61 per share a year ago. |
zacks.com |
2024-10-31 10:46:13 |
Czytaj oryginał (ang.) |
| Refiner PBF Energy posts bigger-than-expected Q3 loss as margins collapse |
PBF Energy posted a bigger-than-expected third-quarter loss on Thursday as the U.S. refiner took a hit from weak fuel demand which shrunk refining margins. |
reuters.com |
2024-10-31 09:27:34 |
Czytaj oryginał (ang.) |
| PBF Energy Announces Third Quarter 2024 Results and Declares Increased Dividend of $0.275 per Share |
Third quarter loss from operations of $386.3 million (excluding special items, third quarter loss from operations of $231.5 million) Announces 10% increase to quarterly dividend to $0.275 per share Third quarter 2024 share repurchases of approximately 2.0 million shares for approximately $75 million PARSIPPANY, N.J. , Oct. 31, 2024 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported third quarter 2024 loss from operations of $386.3 million as compared to income from operations of $1,077.1 million for the third quarter of 2023. |
prnewswire.com |
2024-10-31 08:30:00 |
Czytaj oryginał (ang.) |
| PBF Energy Earnings Preview: More Losses In The Third Quarter |
Declining crack spreads have the potential to widen the quarterly loss for PBF. I expect this to be the second consecutive quarter PBF operates at a loss. Negative earnings significantly alter the typical valuation metrics and point to the deterioration of the "undervalued" thesis in the short term. Changes in valuation present near-term price risk, while the refinery markets navigate through general weakness. |
seekingalpha.com |
2024-10-29 02:41:11 |
Czytaj oryginał (ang.) |
| Analysts Estimate PBF Energy (PBF) to Report a Decline in Earnings: What to Look Out for |
PBF Energy (PBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-24 15:05:52 |
Czytaj oryginał (ang.) |
| Check Out Last Week's Big Insider Buying: Biotechs, Energy, and More |
24/7 Wall St. Insights Summer gave way to autumn this past week, and notable insider buying continued. |
247wallst.com |
2024-09-29 13:15:16 |
Czytaj oryginał (ang.) |
| Insiders Can't Get Enough of These 6 Stocks |
24/7 Wall St. Insights September may be a scary month for investors, but that hasn't stopped insiders from further boosting their stakes, some of them in energy companies. |
247wallst.com |
2024-09-15 13:15:42 |
Czytaj oryginał (ang.) |
| Big Insider Buying by Carlos Slim and Other Repeat Buyers |
24/7 Wall St. Insights Mexican billionaire Carlos Slim and other beneficial owners returned to boost stakes in energy companies and more. |
247wallst.com |
2024-09-08 13:15:32 |
Czytaj oryginał (ang.) |
| Over $40M Bet On PBF Energy? Check Out These 4 Stocks Executives Are Buying |
Although U.S. stocks closed mixed on Thursday, there were a few notable insider trades. |
benzinga.com |
2024-09-06 12:59:44 |
Czytaj oryginał (ang.) |
| PBF Energy to Release Third Quarter 2024 Earnings Results |
PARSIPPANY, N.J. , Sept. 3, 2024 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the third quarter 2024 on Thursday, October 31, 2024. |
prnewswire.com |
2024-09-03 20:15:00 |
Czytaj oryginał (ang.) |
| PBF Energy Might Be Cheapest Net-Asset Play On Wall Street (Rating Upgrade) |
PBF Energy is trading at a significant discount to its tangible book value, presenting a favorable investment opportunity in the refining sector. The company is nearly debt-free, with strong cash flows, creating a unique valuation discount in the sector using EV ratio analysis. Insider buying by billionaire Carlos Slim, plus the potential for increased dividends and share buybacks further bolster the case for a Strong Buy rating. |
seekingalpha.com |
2024-09-01 05:44:25 |
Czytaj oryginał (ang.) |
| Around $9M Bet On PBF Energy? Check Out These 3 Stocks Executives Are Buying |
Although U.S. stocks closed lower on Wednesday, there were a few notable insider trades. |
benzinga.com |
2024-08-29 12:06:27 |
Czytaj oryginał (ang.) |
| Insider Buying in These 4 Energy Stocks Surges |
24/7 Wall St. Insights There were notable insider purchases in a handful of energy companies last week, as well as at a leading fintech firm and a casino operator. |
247wallst.com |
2024-08-11 13:15:24 |
Czytaj oryginał (ang.) |
| PBF Energy (PBF) Q2 Earnings Miss on Lower Refining Margins |
PBF Energy (PBF) Q2 earnings get affected by lower throughput volumes and a fall in refining margins. Increased total costs and expenses also impact earnings. |
zacks.com |
2024-08-05 14:46:21 |
Czytaj oryginał (ang.) |