PBF Energy
Market Cap
US$1.3b
Last Updated
2020/05/26 06:25 UTC
Data Sources
Company Financials +
Executive Summary
PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products.
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential with imperfect balance sheet.
Similar Companies
Share Price & News
How has PBF Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PBF's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.0%
PBF
1.5%
US Oil and Gas
1.0%
US Market
1 Year Return
-63.9%
PBF
-35.9%
US Oil and Gas
4.1%
US Market
Return vs Industry: PBF underperformed the US Oil and Gas industry which returned -35.9% over the past year.
Return vs Market: PBF underperformed the US Market which returned 4.1% over the past year.
Shareholder returns
| PBF | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | 1.5% | 1.0% |
| 30 Day | 38.5% | 9.0% | 5.4% |
| 90 Day | -55.8% | -19.8% | -5.7% |
| 1 Year | -62.6%-63.9% | -32.9%-35.9% | 6.5%4.1% |
| 3 Year | -39.8%-46.0% | -31.4%-38.6% | 28.3%19.8% |
| 5 Year | -51.5%-60.3% | -39.1%-48.8% | 52.2%35.0% |
Price Volatility Vs. Market
How volatile is PBF Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Analysts Have Made A Financial Statement On PBF Energy Inc's (NYSE:PBF) First-Quarter Report1 week ago | Simply Wall St
Analyst Forecasts Just Got A Whole Lot More Bearish On PBF Energy Inc (NYSE:PBF)3 weeks ago | Simply Wall St
A Rising Share Price Has Us Looking Closely At PBF Energy Inc's (NYSE:PBF) P/E RatioValuation
Is PBF Energy undervalued compared to its fair value and its price relative to the market?
0.64x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: PBF ($10.46) is trading above our estimate of fair value ($1.99)
Significantly Below Fair Value: PBF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PBF is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: PBF is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PBF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PBF is good value based on its PB Ratio (0.6x) compared to the US Oil and Gas industry average (0.6x).
Next Steps
Future Growth
How is PBF Energy forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
87.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PBF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: PBF is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PBF's is expected to become profitable in the next 3 years.
Revenue vs Market: PBF's revenue (3.9% per year) is forecast to grow slower than the US market (8.9% per year).
High Growth Revenue: PBF's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PBF's Return on Equity is forecast to be low in 3 years time (12%).
Next Steps
Past Performance
How has PBF Energy performed over the past 5 years?
-0.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PBF is currently unprofitable.
Growing Profit Margin: PBF is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PBF is unprofitable, and losses have increased over the past 5 years at a rate of -0.8% per year.
Accelerating Growth: Unable to compare PBF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PBF is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-22.9%).
Return on Equity
High ROE: PBF has a negative Return on Equity (-37.46%), as it is currently unprofitable.
Next Steps
Financial Health
How is PBF Energy's financial position?
Financial Position Analysis
Short Term Liabilities: PBF's short term assets ($2.3B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: PBF's short term assets ($2.3B) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: PBF's debt to equity ratio (141.6%) is considered high.
Reducing Debt: PBF's debt to equity ratio has increased from 69.3% to 141.6% over the past 5 years.
Debt Coverage: PBF's debt is well covered by operating cash flow (24.1%).
Interest Coverage: PBF is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is PBF Energy's current dividend yield, its reliability and sustainability?
1.83%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PBF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PBF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PBF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PBF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PBF is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PBF's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.5yrs
Average management tenure
CEO
Tom Nimbley (68yo)
9.92yrs
Tenure
US$10,149,441
Compensation
Mr. Thomas J. Nimbley, also known as Tom, serves as the Chief Executive Officer at Paulsboro Refining Company LLC. Mr. Nimbley has been the Chief Executive Officer of PBF Logistics GP LLC and Director of G ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD10.15M) is above average for companies of similar size in the US market ($USD4.91M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 9.92yrs | US$10.15m | 0.31% $4.0m | |
| President | 5.33yrs | US$4.44m | 0.099% $1.2m | |
| Senior VP & CFO | 6.08yrs | US$3.87m | 0.083% $1.1m | |
| Senior Vice President of Commercial | 5.67yrs | US$3.61m | 0.10% $1.3m | |
| President of PBF Energy Western Region LLC | 2.67yrs | US$3.60m | 0.027% $337.3k | |
| Chief Accounting Officer & Controller | no data | no data | 0.0075% $94.9k | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Senior VP | 4.67yrs | no data | 0.025% $319.5k | |
| Senior Vice President of Refining | 6.67yrs | no data | 0.025% $316.4k | |
| Consultant | 3.92yrs | US$8.29m | no data |
5.5yrs
Average Tenure
57yo
Average Age
Experienced Management: PBF's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 9.92yrs | US$10.15m | 0.31% $4.0m | |
| Independent Director | 4.25yrs | US$300.06k | 0.017% $210.4k | |
| Independent Director | 4.25yrs | US$293.86k | 0.012% $157.6k | |
| Independent Director | 6.25yrs | US$312.67k | 0.019% $243.5k | |
| Independent Lead Director | 4yrs | US$346.44k | 0.028% $352.4k | |
| Independent Director | 2.75yrs | US$298.08k | 0.0098% $124.2k | |
| Independent Director | 7.58yrs | US$315.41k | 0.019% $243.3k | |
| Independent Director | 5.83yrs | US$317.70k | 0.018% $228.1k | |
| Independent Director | 0.33yr | no data | 0.0011% $14.4k | |
| Independent Director | 2.33yrs | US$302.60k | 0.0064% $80.5k |
4.1yrs
Average Tenure
69.5yo
Average Age
Experienced Board: PBF's board of directors are considered experienced (4.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
PBF Energy Inc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: PBF Energy Inc
- Ticker: PBF
- Exchange: NYSE
- Founded: 2008
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Implied Market Cap: US$1.266b
- Market Cap: US$1.255b
- Shares outstanding: 121.01m
- Website: https://www.pbfenergy.com
Number of Employees
Location
- PBF Energy Inc
- 1 Sylvan Way, Second Floor
- Parsippany
- New Jersey
- 7054
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PBF | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | Dec 2012 |
| PEN | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Dec 2012 |
| PEN | BST (Boerse-Stuttgart) | Yes | Class A Common Stock | DE | EUR | Dec 2012 |
| PBF * | BMV (Bolsa Mexicana de Valores) | Yes | Class A Common Stock | MX | MXN | Dec 2012 |
| 0KE0 | LSE (London Stock Exchange) | Yes | Class A Common Stock | GB | USD | Dec 2012 |
Biography
PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It 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. The company sells its products in Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, and Mexico. It also offers various rail, truck, and marine terminaling services, as well as pipeline transportation and storage services. The company owns and operates five oil refineries and related assets. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/26 06:25 |
| End of Day Share Price | 2020/05/22 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.