PBF Energy Management
Management criteria checks 2/4
PBF Energy's CEO is Matt Lucey, appointed in Jan 2015, has a tenure of 9.92 years. total yearly compensation is $12.24M, comprised of 8.1% salary and 91.9% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth $9.26M. The average tenure of the management team and the board of directors is 2.7 years and 4.9 years respectively.
Key information
Matt Lucey
Chief executive officer
US$12.2m
Total compensation
| CEO salary percentage | 8.1% |
| CEO tenure | 9.9yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.7yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
PBF Energy: Where Did All The Cash Go?
Dec 07Is PBF Energy (NYSE:PBF) Weighed On By Its Debt Load?
Nov 30
Analysts Have Made A Financial Statement On PBF Energy Inc.'s (NYSE:PBF) Third-Quarter Report
Nov 03PBF Energy Earnings Preview: More Losses In The Third Quarter
Oct 29It's A Story Of Risk Vs Reward With PBF Energy Inc. (NYSE:PBF)
Oct 01Calculating The Fair Value Of PBF Energy Inc. (NYSE:PBF)
Sep 02PBF Energy Might Be Cheapest Net-Asset Play On Wall Street (Rating Upgrade)
Sep 01PBF Energy Inc. (NYSE:PBF) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Aug 05These 4 Measures Indicate That PBF Energy (NYSE:PBF) Is Using Debt Extensively
Jul 31PBF Energy: Recent Weakness Appears Overdone
Jun 20There Might Be More To PBF Energy's (NYSE:PBF) Story Than Just Weak Earnings
May 09Here's Why PBF Energy (NYSE:PBF) Can Manage Its Debt Responsibly
Apr 28Little Excitement Around PBF Energy Inc.'s (NYSE:PBF) Earnings
Apr 07PBF Energy: The Regional Refining Capacity Squeeze
Apr 02PBF Energy Inc.'s (NYSE:PBF) Intrinsic Value Is Potentially 35% Above Its Share Price
Mar 16The Prognosis For PBF Energy
Feb 22PBF Energy Is Incredibly Undervalued, But Is 'Stuck' At Its Current Valuation
Jan 17PBF Energy Inc.'s (NYSE:PBF) Shares Lagging The Industry But So Is The Business
Jan 01PBF Energy: A Deeply Undervalued Top-Rated Energy Play For 2024 And Beyond
Dec 13PBF Energy (NYSE:PBF) Has A Somewhat Strained Balance Sheet
Dec 06PBF Energy: Attractive As Capital Returns Accelerate
Nov 03Is PBF Energy Inc. (NYSE:PBF) Expensive For A Reason? A Look At Its Intrinsic Value
Aug 30PBF Energy: Remain Bullish After Q2-2023 Earnings
Aug 21PBF Energy (NYSE:PBF) Seems To Use Debt Quite Sensibly
Aug 09Does PBF Energy (NYSE:PBF) Deserve A Spot On Your Watchlist?
Jul 19PBF Energy: Still Very Cheap And Returning 13.5%
Jun 26PBF Energy: Unlocking Value Amidst Refining Volatility
Jun 19PBF Energy Q4 2022 Earnings Preview
Feb 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$293m |
| Jun 30 2024 | n/a | n/a | US$779m |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$12m | US$990k | US$2b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$3b |
| Mar 31 2023 | n/a | n/a | US$3b |
| Dec 31 2022 | US$6m | US$670k | US$3b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$251m |
| Dec 31 2021 | US$3m | US$650k | US$231m |
| Sep 30 2021 | n/a | n/a | -US$233m |
| Jun 30 2021 | n/a | n/a | -US$709m |
| Mar 31 2021 | n/a | n/a | -US$368m |
| Dec 31 2020 | US$2m | US$488k | -US$1b |
| Sep 30 2020 | n/a | n/a | -US$1b |
| Jun 30 2020 | n/a | n/a | -US$555m |
| Mar 31 2020 | n/a | n/a | -US$976m |
| Dec 31 2019 | US$4m | US$650k | US$319m |
| Sep 30 2019 | n/a | n/a | -US$88m |
| Jun 30 2019 | n/a | n/a | US$22m |
| Mar 31 2019 | n/a | n/a | US$327m |
| Dec 31 2018 | US$7m | US$608k | US$128m |
| Sep 30 2018 | n/a | n/a | US$723m |
| Jun 30 2018 | n/a | n/a | US$858m |
| Mar 31 2018 | n/a | n/a | US$476m |
| Dec 31 2017 | US$5m | US$600k | US$415m |
Compensation vs Market: Matt's total compensation ($USD12.24M) is above average for companies of similar size in the US market ($USD6.66M).
Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.
CEO
Matt Lucey (51 yo)
9.9yrs
Tenure
US$12,240,872
Compensation
Mr. Matthew C. Lucey, also known as Matt, has been President at PBF Energy Company LLC, PBF Energy Inc. PBF Logistics GP LLC and PBF Holding Company LLC since January 2015. Mr. Lucey serves as Chief Execut...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.2yrs | US$12.18m | 0.67% $ 19.8m | |
| President | 9.9yrs | US$12.24m | 0.31% $ 9.3m | |
| Senior VP & CFO | 1.9yrs | US$8.56m | 0.085% $ 2.5m | |
| Senior VP | 9.3yrs | US$5.39m | 0.12% $ 3.6m | |
| Senior Vice President of Supply | 2.7yrs | US$5.39m | 0.12% $ 3.4m | |
| Senior Vice President of Commodity Risk & Strategy | 10.3yrs | US$5.38m | 0.16% $ 4.7m | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Senior Vice President of Human Resources | 2.7yrs | no data | no data | |
| Senior VP & Head of Refining | 2.9yrs | no data | 0.057% $ 1.7m | |
| Senior Vice President of Logistics | 2.7yrs | no data | 0.11% $ 3.3m | |
| Senior VP & Head of Refining | less than a year | no data | 0.039% $ 1.2m | |
| Consultant | 8.5yrs | US$8.29m | no data |
2.7yrs
Average Tenure
60.5yo
Average Age
Experienced Management: PBF's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.2yrs | US$12.18m | 0.67% $ 19.8m | |
| President | 1.4yrs | US$12.24m | 0.31% $ 9.3m | |
| Independent Director | 7.3yrs | US$334.45k | 0.035% $ 1.0m | |
| Independent Director | 12.2yrs | US$325.00k | 0.046% $ 1.4m | |
| Lead Independent Director | 10.4yrs | US$338.30k | 0.047% $ 1.4m | |
| Independent Director | 2.9yrs | US$305.00k | 0.013% $ 386.0k | |
| Independent Director | 1.9yrs | US$320.56k | 0.0085% $ 251.0k | |
| Independent Director | 1.8yrs | US$277.92k | 0.0062% $ 184.3k | |
| Independent Director | 6.9yrs | US$305.00k | 0.035% $ 1.0m | |
| Independent Director | 1.8yrs | US$277.92k | 0.0066% $ 195.2k |
4.9yrs
Average Tenure
63yo
Average Age
Experienced Board: PBF's board of directors are considered experienced (4.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:11 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
PBF Energy Inc. is covered by 26 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Yim Cheng | Barclays |
| Phillip Jungwirth | BMO Capital Markets Equity Research |