Wall Street expects a year-over-year decline in earnings on lower revenues when PBF Energy (PBF) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 31. O ...

Although U.S. stocks closed mixed on Thursday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, ...

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. The company will host a conference call and webcast regarding results and other business matters on Thursday, October 31, 2024, at 8:30 a.m. ET. The call is being webcast and can be accessed on PBF Energy's website, http://www.pbfenergy.com. The call can also be accessed by dialing (800) 579-2543 or (785) 424-1789, Conf ...

MichaelRLopez If you like to find companies selling well below their accounting cost, depreciated, net hard-asset value (after subtracting all liabilities), PBF Energy, Inc. Class A Common (NYSE:PBF) should be near the top of your research list. [Class A shares represented 99.3% of voting power at the end of December, Class B the remaining 0.7%. Page 8 of the 2023 10-K] The business operates mostly petroleum refineries across the United States, based in New Jersey. And, with a rough 50% haircut in price sin ...

Although U.S. stocks closed lower on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, ...

Global Research and Evidence Lab 13 August 2024 PBF Energy Inc Adjusting Estimates and Price Target Adjusting estimates We are adjusting our estimates to reflect weaker cracks environment. We lower 2024 to reflect weaker earnings vs. our expectations. West Coast cracks are trending below expectations (despite closure of Rodeo) and this is driving negative revisions. We lower 2024 EPS to $1.06 from $4.04. We lower 2025 EPS to $3.26 from $5.52. Call takeaways ● Turnaround in both East Coast and Mid-Con lasted ...

PBF Energy Inc. (NYSE:PBF) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Colin Murray – Investor Relations Matt Lucey – President and Chief Executive Officer Karen Davis – Chief Financial Officer Paul Davis – Senior Vice President-Supply, Trading and Optimization Michael Bukowski – Senior Vice President and Head-Refining Thomas Nimbley – Executive Chairman Conference Call Participants Roger Read – Wells Fargo Ryan Todd – Piper Sandler Neil Mehta – Goldman Sachs Doug Leggate ...

PBF Energy (PBF) came out with a quarterly loss of $0.56 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to earnings of $2.29 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -124%. A quarter ago, it was expected that this refiner would post earnings of $0.62 per share when it actually produced earnings of $0.86, delivering a surprise of 38.71%. Over the last four quarters, the company has surpas ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35764 PBF ENERGY INC. (Exact name of registrant as specified in its charter) Delaware 45-3763855 (State or other jurisdiction o ...

PBF Energy Announces Second Quarter 2024 Results and Declares Dividend of $0.25 per Share • Second quarter loss from operations of $74.6 million (excluding special items, second quarter loss from operations of $72.5 million) • Announces quarterly dividend of $0.25 per share • Second quarter 2024 share repurchases of approximately 2.0 million shares for approximately $100 million PARSIPPANY, NJ - August 1, 2024 - PBF Energy Inc. (NYSE:PBF) today reported second quarter 2024 loss from operations of $74.6 mill ...