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 Ratings3.7

Latest Updates

Employees (est.) (Dec 2018)3,266(+4%)
Job Openings41
Revenue (FY, 2018)$27.2 B(+25%)
Share Price (Mar 2019)$32.6

Key People/Management at PBF Energy

Thomas Nimbley

Thomas Nimbley

Chief Executive Officer, Director
Matthew Lucey

Matthew Lucey

President
Erik Young

Erik Young

Chief Financial Officer and Senior Vice President
Jeffrey Dill

Jeffrey Dill

President, Western Region
Thomas OConnor

Thomas OConnor

Senior Vice President, Commercial
Herman Seedorf

Herman Seedorf

Senior Vice President, Refining
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PBF Energy Office Locations

PBF Energy has offices in Parsippany-Troy Hills, Paulsboro, Oregon, Oklahoma City and in 2 other locations
Parsippany-Troy Hills, US (HQ)
1 Sylvan Way, Parsippany
New Castle, US
4550 Wrangle Hill Rd
Oklahoma City, US
100 N Broadway Ave # 3113
Oregon, US
1819 Woodville Rd
Paulsboro, US
800 Billingsport Rd
Calgary, CA
202 6 Ave SW
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PBF Energy Financials and Metrics

PBF Energy Revenue

PBF Energy's revenue was reported to be $27.19 b in FY, 2018
USD

Revenue (FY, 2018)

27.2b

Gross profit (FY, 2018)

602.6m

Gross profit margin (FY, 2018), %

2.2%

Net income (FY, 2018)

175.3m

EBIT (FY, 2018)

358.1m

Market capitalization (15-Mar-2019)

3.9b

Closing stock price (15-Mar-2019)

32.6

Cash (31-Dec-2018)

597.3m

EV

5.2b
PBF Energy's current market capitalization is $3.9 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

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

Revenue growth, %

4%(34%)21%

Cost of goods sold

20.8b26.6b

Gross profit

959.4m602.6m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

4.9b4.7b5.3b5.3b3.0b3.6b3.2b2.8b3.9b4.5b4.8b5.0b5.5b5.8b7.4b7.6b

Cost of goods sold

4.8b5.6b7.0b7.3b

Gross profit

648.0m161.3m484.1m315.2m

Gross profit Margin, %

12%3%7%4%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

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

Accounts Receivable

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

Inventories

1.4b1.1b1.2b1.9b2.2b1.9b

Current Assets

2.2b2.3b3.0b3.4b3.8b3.2b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

57.4m237.1m317.5m477.4m449.5m623.8m472.8m740.3m1.4b625.4m306.1m173.0m300.9m363.0m478.3m1.1b

Accounts Receivable

577.9m529.6m713.2m698.4m441.2m540.2m395.6m541.5m647.9m653.6m610.2m611.6m776.0m831.1m1.0b1.1b

Inventories

1.5b1.5b1.7b1.8b1.1b1.3b1.1b1.2b1.3b1.8b2.1b1.9b2.3b2.6b2.5b2.6b

Current Assets

2.2b2.4b2.8b3.0b2.3b2.7b2.3b3.0b3.9b3.5b3.1b2.7b3.4b3.9b4.1b4.7b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

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

Depreciation and Amortization

299.9m378.6m

Inventories

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

Accounts Payable

42.2m(67.0m)(24.3m)217.6m34.6m(111.7m)
USDY, 2018

EV/EBIT

14.6 x

EV/CFO

6.2 x

Revenue/Employee

8.5m

Financial Leverage

2.5 x
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PBF Energy News and Updates

PBF Energy to Release First Quarter 2019 Earnings Results

PARSIPPANY, N.J., March 13, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the first quarter 2019 on Wednesday, May 1, 2019. The company will host a conference call and webcast regarding first quarter results and other...

PBF Energy and PBF Logistics Close Previously Announced IDR Simplification

PARSIPPANY, N.J., Feb. 28, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) ("PBF Energy") and PBF Logistics LP (NYSE:PBFX) ("PBF Logistics") today closed the IDR Simplification transaction previously announced on February 14, 2019. As a result, PBF Energy holds approximately 30 million...

PBF Energy to Attend Industry Conferences

PARSIPPANY, N.J., Feb. 21, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be attending the Simmons Energy Conference being held on February 26-28, 2019, and the Bank of America Merrill Lynch 2019 Refining Conference on March 7, 2019....

PBF Energy Reports Fourth Quarter 2018 Results, Declares Dividend of $0.30 Per Share

PARSIPPANY, N.J., Feb. 14, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported fourth quarter 2018 loss from operations of $446.2 million as compared to income from operations of $254.6 million for the fourth quarter of 2017. Excluding special items, fourth quarter 2018 income ...

PBF Energy to Attend Energy Industry Events

PARSIPPANY, N.J., Jan. 2, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be participating in the Mizuho Securities Virtual Refining Conference on January 3, 2019, and attending the Goldman Sachs Global Energy Conference on January 8,...

PBF Energy to Release Fourth Quarter 2018 Earnings Results

PARSIPPANY, N.J., Dec. 19, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the fourth quarter 2018 on Thursday, February 14, 2019. The company will host a conference call and webcast regarding fourth quarter results and other...
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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 Thomas Nimbley, Matthew Lucey and Erik Young.

  • How many employees does PBF Energy have?

    PBF Energy has 3,266 employees.

  • What is PBF Energy revenue?

    Latest PBF Energy annual revenue is $27.2 b.

  • What is PBF Energy revenue per employee?

    Latest PBF Energy revenue per employee is $8.3 m.

  • Who are PBF Energy competitors?

    Competitors of PBF Energy include ESSO, Vertex Energy and GS Caltex.

  • 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, Paulsboro, Oregon, Oklahoma City and in 2 other locations.

  • How many offices does PBF Energy have?

    PBF Energy has 6 offices.