PBF Outperforms Industry in 3 Months: How to Play the Stock?

Key Takeaways PBF shares climbed 12.9% in 3 months, outpacing PSX's drop and MPC's 10.4% gain. Strong refining complexity and a $200M cost-saving plan aim to boost efficiency and margins. Despite trading at 0.48X P/B TTM, PBF lags peers in renewables, risking market share losses.PBF Energy Inc.’s (PBF) shares have gained 12.9% in the past three months, outperforming the Zacks Oil & Gas- Refining and Marketingindustry’s decline of 0.3%.Among other stocks from the same sector, Phillips 66 (PSX) has register ...