OverviewSuggest Edit

PBF Energy is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products. The Company produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products. 

TypePublic
Founded2008
HQParsippany-Troy Hills, US
Websitepbfenergy.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2019)3,442(+6%)
Job Openings15
Revenue (FY, 2019)$24.5 B(-9%)
Share Price (Sept 2020)$7.2 (+4%)
Cybersecurity ratingDMore

Key People/Management at PBF Energy

Karen B. Davis

Karen B. Davis

Director
Thomas J. Nimbley

Thomas J. Nimbley

Chairman and Chief Executive Officer
Thomas Nimbley

Thomas Nimbley

Chairman and Chief Executive Officer
Spencer Abraham

Spencer Abraham

Director
Matthew C. Lucey

Matthew C. Lucey

President
Wayne A. Budd

Wayne A. Budd

Director
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PBF Energy Office Locations

PBF Energy has offices in Parsippany-Troy Hills, Cerritos, Knoxville, New Castle and in 6 other locations
Parsippany-Troy Hills, US (HQ)
1 Sylvan Way, Parsippany
Cerritos, US
12851 E 166th St
Knoxville, US
5100 N Middlebrook Pike
New Castle, US
4550 Wrangle Hill Rd
Oklahoma City, US
100 N Broadway Ave # 3113
Paulsboro, US
800 Billingsport Rd
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PBF Energy Financials and Metrics

PBF Energy Revenue

PBF Energy's revenue was reported to be $24.51 b in FY, 2019
USD

Revenue (Q2, 2020)

2.5b

Gross profit (Q2, 2020)

198.3m

Gross profit margin (Q2, 2020), %

7.9%

Net income (Q2, 2020)

389.1m

EBIT (Q2, 2020)

620.8m

Market capitalization (16-Sept-2020)

863.9m

Closing stock price (16-Sept-2020)

7.2

Cash (31-Dec-2019)

814.9m

EV

2.3b
PBF Energy's current market capitalization is $863.9 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

19.2b19.8b13.1b15.9b21.8b27.2b24.5b

Revenue growth, %

4%(34%)21%

Cost of goods sold

20.8b26.6b23.6b

Gross profit

959.4m602.6m913.1m
Quarterly
USDQ1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

4.8b4.7b4.9b4.7b5.3b5.3b3.0b3.6b3.2b2.8b3.9b4.5b4.8b5.0b5.5b5.8b7.4b7.6b5.2b6.4b5.3b2.5b

Cost of goods sold

4.8b5.6b7.0b7.3b4.8b6.5b6.2b6.6b2.3b

Gross profit

648.0m161.3m484.1m315.2m425.0m186.1m(1.3b)198.3m

Gross profit Margin, %

12%3%7%4%8%3%(25%)8%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

77.0m397.9m944.3m746.3m573.0m597.3m814.9m

Accounts Receivable

596.6m551.3m454.8m620.2m952.6m718.2m

Prepaid Expenses

63.6m55.6m51.6m

Inventories

1.4b1.1b1.2b1.9b2.2b1.9b2.1b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

214.1m78.3m195.5m225.5m483.4m175.3m375.2m

Depreciation and Amortization

299.9m378.6m458.3m

Inventories

46.0m(394.0m)(271.9m)236.6m(54.7m)(3.3m)(6.3m)

Accounts Payable

42.2m(67.0m)(24.3m)217.6m34.6m(111.7m)137.5m
USDQ1, 2013

Financial Leverage

2.6 x
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PBF Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

D

65/100

SecurityScorecard logo

PBF Energy Online and Social Media Presence

Embed Graph

PBF Energy News and Updates

PBF Energy Reports Second Quarter 2020 Results

PARSIPPANY, N.J., July 31, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported second quarter 2020 income from operations of $620.8 million as compared to income from operations of $9.5 million for the second quarter of 2019. Excluding special items, second quarter 2020 loss...

UPDATE 1-Refiner PBF Energy operating at minimum rates due to COVID-19 hit

PBF Energy Inc on Monday said it was operating its refineries at minimum rates, with throughput about 30% lower than the refiner's expectations, as coronavirus-driven travel curbs hit fuel demand.

Refiner PBF Energy operating at minimum rates on COVID-19 impact

PBF Energy Inc on Monday said it was operating its refineries at minimum rates, with throughput about 30% lower than the refiner's expectations, as the coronavirus outbreak has limited travel and fuel demand.

Air Products Signs Agreements to Acquire Five Operating Hydrogen Plants for $530 Million and Long-Term Hydrogen Supply to PBF Energy

LEHIGH VALLEY, Pa., March 30, 2020 /PRNewswire/ -- Air Products (NYSE: APD) today announced it has signed agreements with PBF Energy Inc. (NYSE: PBF) that include the $530 million purchase of five hydrogen steam methane reformer (SMR) hydrogen production plants and the long-term supply of...

PBF Energy Announces Planned $530 million Hydrogen Plant Sales, Reduction in 2020 Cash Outlays by Over $500 million through Lowered Capital and Operating Expenses, Dividend Suspension and Other Deferrals

PARSIPPANY, N.J., March 30, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced a number of decisive steps taken as part of a strategic plan for PBF to navigate current extraordinary and volatile markets. The company has taken the following aggressive steps to increase PBF's...

PBF Energy Reports Fourth Quarter 2019 Results, Declares Dividend of $0.30 Per Share

PARSIPPANY, N.J., Feb. 13, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported fourth quarter 2019 income from operations of $123.0 million as compared to loss from operations of $446.2 million for the fourth quarter of 2018. Excluding special items, fourth quarter 2019 income...
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PBF Energy Frequently Asked Questions

  • When was PBF Energy founded?

    PBF Energy was founded in 2008.

  • Who are PBF Energy key executives?

    PBF Energy's key executives are Karen B. Davis, Thomas J. Nimbley and Thomas Nimbley.

  • How many employees does PBF Energy have?

    PBF Energy has 3,442 employees.

  • What is PBF Energy revenue?

    Latest PBF Energy annual revenue is $24.5 b.

  • What is PBF Energy revenue per employee?

    Latest PBF Energy revenue per employee is $7.1 m.

  • Who are PBF Energy competitors?

    Competitors of PBF Energy include SK innovation, NIS and CVR Refining.

  • Where is PBF Energy headquarters?

    PBF Energy headquarters is located at 1 Sylvan Way, Parsippany, Parsippany-Troy Hills.

  • Where are PBF Energy offices?

    PBF Energy has offices in Parsippany-Troy Hills, Cerritos, Knoxville, New Castle and in 6 other locations.

  • How many offices does PBF Energy have?

    PBF Energy has 12 offices.