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.
| Type | Public | |
| Founded | 2008 | |
| HQ | Parsippany-Troy Hills, US | Map |
| Website | pbfenergy.com | |
| Employee Ratings | More |
Recent NewsAll News
- PBF Energy Reports Second Quarter 2020 Results
- UPDATE 1-Refiner PBF Energy operating at minimum rates due to COVID-19 hit
- Refiner PBF Energy operating at minimum rates on COVID-19 impact
- Air Products Signs Agreements to Acquire Five Operating Hydrogen Plants for $530 Million and Long-Term Hydrogen Supply to PBF Energy
Key People/Management at PBF Energy
Karen B. Davis
Director
Thomas J. Nimbley
Chairman and Chief Executive Officer
Thomas Nimbley
Chairman and Chief Executive Officer
Spencer Abraham
Director
Matthew C. Lucey
President
Wayne A. Budd
Director
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
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
Quarterly
| USD | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 4.8b | 4.7b | 4.9b | 4.7b | 5.3b | 5.3b | 3.0b | 3.6b | 3.2b | 2.8b | 3.9b | 4.5b | 4.8b | 5.0b | 5.5b | 5.8b | 7.4b | 7.6b | 5.2b | 6.4b | 5.3b | 2.5b | |
Cost of goods sold | 4.8b | 5.6b | 7.0b | 7.3b | 4.8b | 6.5b | 6.2b | 6.6b | 2.3b | ||||||||||||||
Gross profit | 648.0m | 161.3m | 484.1m | 315.2m | 425.0m | 186.1m | (1.3b) | 198.3m | |||||||||||||||
Gross profit Margin, % | 12% | 3% | 7% | 4% | 8% | 3% | (25%) | 8% |
Annual
Quarterly
| USD | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 404.1m | 69.2m | 57.4m | 237.1m | 317.5m | 477.4m | 449.5m | 623.8m | 472.8m | 740.3m | 1.4b | 625.4m | 306.1m | 173.0m | 300.9m | 363.0m | 478.3m | 1.1b | 418.3m | 204.1m | 536.3m |
Accounts Receivable | 662.8m | 591.4m | 577.9m | 529.6m | 713.2m | 698.4m | 441.2m | 540.2m | 395.6m | 541.5m | 647.9m | 653.6m | 610.2m | 611.6m | 776.0m | 831.1m | 1.0b | 1.1b | 869.4m | 989.8m | 879.8m |
Prepaid Expenses | 28.6m | 46.1m | 56.1m | 40.1m | 83.3m | 30.7m | 49.1m | 39.5m | 71.4m | 156.7m | 110.8m | 182.0m | 83.0m | 73.3m | 58.3m | 88.0m | 55.2m | 61.5m | 125.1m | 90.7m | 56.4m |
Inventories | 1.5b | 1.5b | 1.5b | 1.5b | 1.7b | 1.8b | 1.1b | 1.3b | 1.1b | 1.2b | 1.3b | 1.8b | 2.1b | 1.9b | 2.3b | 2.6b | 2.5b | 2.6b | 2.6b | 2.3b | 2.1b |
Annual
Quarterly
| USD | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 11.4m | 28.2m | 112.0m | 183.3m | 229.1m | 399.1m | 103.1m | 261.6m | 317.1m | (23.3m) | 97.3m | 153.8m | (20.0m) | (124.2m) | 223.0m | 41.8m | 329.5m | 522.0m | 241.4m | 219.8m | 306.1m | (1.1b) | (649.5m) |
Depreciation and Amortization | 28.1m | 57.4m | 86.4m | 34.8m | 71.4m | 141.5m | 49.9m | 100.8m | 151.5m | 58.6m | 112.5m | 170.9m | 63.5m | 134.6m | 215.1m | 88.0m | 182.3m | 277.7m | 108.6m | 218.4m | 331.3m | ||
Inventories | 22.1m | (183.0m) | 31.2m | (100.0m) | (249.1m) | (378.5m) | (1.0m) | (84.6m) | (110.8m) | 4.0m | 82.6m | 54.1m | (238.4m) | (178.7m) | (349.2m) | (278.3m) | (80.8m) | (46.9m) | (194.7m) | (124.6m) | 12.4m | 74.3m | 24.8m |
Accounts Payable | 116.2m | (132.5m) | 203.9m | (155.5m) | (63.1m) | (76.0m) | (22.1m) | 19.4m | (122.5m) | 72.6m | 58.2m | 51.4m | (187.0m) | (138.8m) | (102.5m) | 31.9m | 61.7m | (109.8m) | 46.1m | (33.5m) | 56.8m | (199.9m) | (192.2m) |
| USD | Q1, 2013 |
|---|---|
Financial Leverage | 2.6 x |
PBF Energy Cybersecurity Score
PBF Energy Online and Social Media Presence
PBF Energy's Trends
PBF Energy News and Updates
July 31, 2020
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...
March 30, 2020
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.
March 30, 2020
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.
March 30, 2020
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...
March 30, 2020
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...
February 13, 2020
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...
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.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies