PBF Energy leans heavily on making fuels, but tougher climate rules and a long-term shift toward cleaner energy could shrink demand and force costly upgrades just to keep refineries running. At the same time, a squeeze on global refining capacity plus internal cost cuts and a push into renewable fuels could keep profits stronger than bears expect.Read more
PBF Energy could benefit as fuel-making capacity shrinks and more plants shut down, making its remaining refineries more valuable and giving it more say over pricing. But its heavy reliance on traditional fuels—and the headaches that come with running and regulating big refineries—could leave profits more fragile than they look.Read more
PBF Energy could benefit as refinery shutdowns keep fuel supplies tight, letting well-positioned operators charge more and run their plants harder. The bigger story is whether its push into cleaner fuels and unused land projects can add new income streams before falling fuel demand, tougher rules, and heavy borrowing catch up.Read more
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PBF Energy Inc., through its subsidiaries, engages in the refining and supplying of petroleum products. It operates through two segments, Refining and Logistics. The company produces gasoline, ultra-low-sulfur diesel, heating oil, jet fuel, lubricants, petrochemicals, and asphalt; diesel fuel; and unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products. It sells its products in the Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, Mexico, and internationally. The company is also involved in the provision of various rail, truck, and marine terminaling services; and pipeline transportation and storage services. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey.
