PBF Energy to Release First Quarter 2026 Earnings Results Accessibility StatementSkip NavigationPARSIPPANY, N.J., March 25, 2026 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the first quarter 2026 on Thursday, April 30, 2026. The company will host a conference call and webcast regarding results and other business matters on Thursday, April 30, 2026, at 8:30 a.m. ET.The call is being webcast and can be accessed on PBF Energy's website, http://www.pb ...

PBF Energy Inc. (NYSE:PBF) is one of the 10 Stocks Grabbing Investor Attention Today. PBF Energy bounced back on Tuesday to hit an over one-year high, as investors resumed buying positions in its stock as tensions in the Middle East continue to rise. In intra-day trading, PBF Energy Inc. (NYSE:PBF) touched a new record high of $50.64 before trimming a few cents to finish the session just up by 7.51 percent at $50.09 apiece after the US and Iran announced contradicting statements on their negotiations, wi ...

BlackLine, Smith & Nephew, and More Stocks See Action From Activist Investors - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.BlackLine, Smith & Nephew, and More Stocks See Action From Activist InvestorsShareResizeReprintsIn this articleBLSNI ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks St ...

Core Viewpoint - PBF Energy Inc. has seen its stock value more than double over the past year, primarily due to an improved refining environment following a weak period [1] Company Performance - PBF Energy Inc. has been a strong performer in the market, with significant stock appreciation over the last year [1] Industry Context - The refining environment has notably improved, contributing to the positive performance of companies like PBF Energy Inc. after a challenging period [1]

Group 1 - PBF Energy Inc. will participate in the Piper Sandler Energy Conference on March 16-17, 2026, with presentation materials available on their Investor Relations website [1] - PBF Energy is one of the largest independent refiners in North America, operating oil refineries and related facilities across several states including California, Delaware, Louisiana, New Jersey, and Ohio [2] - The company's mission includes operating facilities safely and responsibly, providing a rewarding workplace for employees, positively influencing local communities, and delivering superior returns to investors [2] Group 2 - PBF Energy is a 50% partner in the St. Bernard Renewables joint venture, which focuses on producing next-generation sustainable fuels [3]

Core Insights - The article discusses the performance of four high-yield refiners in response to rising crude oil prices driven by geopolitical events, particularly the death of Iranian Supreme Leader Ayatollah Ali Khamenei, which has led to increased crack spreads and refining margins for these companies [1][2]. Group 1: Company Performance - **Phillips 66 (PSX)**: Achieved a 16.75% increase in shares, with adjusted EPS of $2.47 against an estimate of $1.65, and a record 88% clean product yield. The company also focused on core refining by acquiring the remaining 50% of WRB Refining LP and selling 65% of its Germany/Austria retail business for a net gain of $1.98 billion [1]. - **Valero Energy (VLO)**: Shares rose by 25.95%, reporting record refining throughput of 3.1 million barrels per day and refining segment operating income of $1.69 billion, up from $437 million year-over-year. Valero raised its quarterly dividend by 6% to $1.20 per share and holds $4.69 billion in cash [1]. - **PBF Energy (PBF)**: Noted a 39.06% increase in shares, with adjusted EPS of $0.49 compared to an estimate of -$0.20, marking a 345% beat. Gross refining margin expanded to $11.16 per barrel from $4.89 year-over-year, and the company is targeting $350 million in run-rate savings by year-end 2026 [1]. - **Marathon Petroleum (MPC)**: Led the group with a 25.42% increase in shares, reporting adjusted EPS of $4.07 against an estimate of $2.71, and refining margins of $18.65 per barrel. The company returned $4.5 billion to shareholders, including $1.3 billion in Q4 [1]. Group 2: Market Dynamics - The geopolitical situation, particularly the Iranian leadership crisis, has caused WTI crude prices to rise from $61.60 on February 2 to $71.13 by March 2, with a 97% probability of reaching $75 by the end of March and 81% confidence in a move to $80 [1]. - Higher crude prices with a lag in refined product pricing have expanded crack spreads and margins for refiners, benefiting those with strong throughput and balance sheet resilience [1][2].

Core Viewpoint - PBF Energy Inc. has experienced significant stock price appreciation, reaching a one-year high, driven by investor interest ahead of business updates and a conference participation [1][3]. Group 1: Stock Performance - PBF Energy's stock price peaked at $45.13 during intra-day trading, ultimately closing at $44.80, reflecting a 12.68% increase [1]. - The company is among the top 10 stocks influencing market action on the day of the report [1]. Group 2: Upcoming Events - Members of PBF Energy's management team are scheduled to participate in the Wolfe Research Refining Conference on March 5, which is anticipated to provide insights that may further stimulate investor interest [3]. Group 3: Financial Performance - In the fourth quarter, PBF Energy reported a net income of $78.4 million, a significant turnaround from a net loss of $289.3 million in the same quarter the previous year [4]. - Revenue for the fourth quarter decreased by 3% to $7.14 billion, down from $7.35 billion year-on-year [4]. - For the full year, PBF Energy recorded a net loss of $158.5 million, which is 70% lower than the $533.8 million net loss in 2024 [5]. - Annual revenues fell by 11.5% to $29.3 billion from $33 billion year-on-year [5]. Group 4: Operational Insights - The company faced challenges early in the year due to unexpected downtime at the Martinez refinery, which required substantial resources [6]. - Despite these challenges, PBF Energy has focused on improving operational efficiencies and cost structures [6]. - The restoration of the Martinez refinery is nearing completion, positioning the company favorably as market conditions improve [7].

Core Insights - PBF Energy Inc. reported a fourth-quarter 2025 adjusted earnings of 49 cents per share, surpassing the Zacks Consensus Estimate of a loss of 15 cents, and improving from a loss of $2.82 per share in the same quarter last year [1][8] - Total quarterly revenues decreased to $7.14 billion from $7.35 billion in the prior-year quarter, but still exceeded the Zacks Consensus Estimate of $6.98 billion [1] Financial Performance - The strong quarterly earnings were attributed to a higher refining margin per barrel of throughput and a reduction in total costs and expenses [2] - PBF Energy's operating income in the Refining segment was $205.7 million, a significant recovery from an operating loss of $362 million a year ago [3] - The Logistics segment generated a profit of $52.7 million, slightly up from $51.7 million in the prior-year quarter [3] Throughput and Margins - Crude oil and feedstock throughput volumes reached 888.9 thousand barrels per day (bpd), an increase from 862 thousand bpd a year ago, with the East Coast contributing 37.2% of the total throughput [4] - The company-wide gross refining margin per barrel of throughput was $11.16, significantly higher than $4.89 in the previous year, with notable increases across all regions [5] Costs and Expenses - Total costs and expenses for the quarter were $7 billion, down from $7.7 billion in the year-ago period, with cost of sales amounting to $7.3 billion [6] Capital Expenditure and Balance Sheet - PBF Energy invested $113.6 million in capital for refining operations and $3.1 million for logistics businesses, ending the quarter with cash and cash equivalents of $527.9 million [7] - The total debt stood at $2.15 billion, resulting in a total debt-to-capitalization ratio of 28% [7] Outlook - For the first quarter of 2026, PBF Energy expects throughput volumes on the East Coast to be between 280,000 bpd and 300,000 bpd, with similar estimates for other regions [9] - The company is also working to restore the full operational capability of the Martinez refinery within the year [9]