PBF Energy (NYSE:PBF)

Why Exxon’s Dimmed Outlook Isn’t Hurting Refiners’ Stocks

Posted: April 10, 2019 at 11:55 am

In a Wednesday morning filing with the U.S. Securities and Exchange Commission, Exxon Mobil Corp. (NYSE: XOM) said it expects downstream (refining and marketing) earnings to drop sequentially by an ...
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Top Analyst Upgrades and Downgrades: AXA Equitable, Dollar General, Five Below, Macy’s, SM Energy, Trade Desk, Whirlpool and More

Posted: June 4, 2018 at 8:55 am

The futures traded higher again this Monday morning as investors continue to digest the recent string of positive economic numbers, not the least of which was the very strong nonfarm ...
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Top Analyst Upgrades and Downgrades: Bazaarvoice, GM, Home Depot, MGIC, Nike, T-Mobile and More

Posted: November 28, 2017 at 9:05 am

Stocks were indicated higher on Tuesday after a mixed session on Monday. The markets remain right at all-time highs, and the one trend that has won time after time is ...
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4 Refiners Could See Massive Earnings Increase From Trump Tax Bill

Posted: November 9, 2017 at 8:25 am

With oil solidly back at over $56 a barrel for West Texas Intermediate and almost $64 for Brent crude, long-suffering energy investors are finally getting some relief after the sector ...
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Top Analyst Upgrades and Downgrades: Amex, ADP, Goodyear, McDonald’s, National Oilwell Varco, NVIDIA, Vivint Solar and Many More

Posted: June 20, 2017 at 8:55 am

Stocks hit all-time highs yet again on Monday and the Dow has now gone above the 24/7 Wall St. 2017 price target issued at the start of this year. The ...
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Warren Buffett

Massive Buffett Trade Again Highlights Insider Buying: Phillips 66, Seattle Genetics, Penske Automotive, Wisdom Tree Investments and More

Posted: September 18, 2016 at 10:02 am

In what could only be described as a roller-coaster week on Wall Street, one thing that was somewhat of a surprise given the volatility is that insiders stepped up to ...
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Stock Price

Refiners Valero, PBF Lead Friday’s 52-Week Low Club

Posted: July 8, 2016 at 4:04 pm

July 8, 2016: Here are four stocks trading with relatively heavy volume among 12 equities making new 52-week lows in Friday's session. NYSE advancers led decliners by nearly 9 to 1 ...
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refinery

California Oil Refineries Investigated by State Attorney General

Posted: June 30, 2016 at 1:36 pm

California Attorney General Kamala Harris has subpoenaed documents from the state's major oil refiners related to an investigation into whether the companies have artificially raised retail gasoline prices in the ...
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New York Stock Exchange

Top Analyst Upgrades and Downgrades: Apache, Baker Hughes, Intercept Pharmaceutical, Rite Aid, Synchrony Financial, US Steel and More

Posted: April 8, 2016 at 8:55 am

Well the volatility is back, at least for now, and Thursday's big loss is starting to remind investors how the first six weeks of the 2016 trading year went. The ...
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ThinkstockPhotos-534787769

Credit Suisse Raises Price Targets on 4 Refining Stocks to Buy

Posted: November 3, 2015 at 8:35 am

While low crude pricing can be a burden on the top integrateds and exploration and production companies, it is welcomed by the refiners, which have for the most part, had ...
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Oil refinery

What PBF Gets With Exxon’s Torrance Refinery

Posted: October 1, 2015 at 8:10 am

Exxon Mobil Corp.’s (NYSE: XOM) troubled 155,000-barrel per day refinery in Torrance, Calif., is being sold to PBF Energy Inc. (NYSE: PBF) for $537.5 million, including working capital. The refinery ...
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87476257

3 Refiners to Buy as Americans Hit the Road in Huge Numbers

Posted: July 6, 2015 at 10:10 am

One thing that lower gasoline prices over the past year have done is get American drivers back on the road in a big way, and they were out in full ...
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Oil refinery

What PBF Gets With Its Purchase of Louisiana Refinery From Exxon, PdVSA

Posted: June 18, 2015 at 1:05 pm

New Jersey-based independent oil refiner PBF Energy Inc. (NYSE: PBF) has agreed to purchase Chalmette Refining LLC from co-owners Exxon Mobil Corp. (NYSE: XOM) and Petróleos de Venezuela (PdVSA) for ...
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Shell Port Arthur TX refinery

Cowen Raises Estimates on 6 Top Refining Stocks to Buy Now

Posted: March 26, 2015 at 9:20 am

The refining industry has stood out in the energy world as a huge winner, while most of the sector has been bombarded over the past nine months. Despite the solid ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: Amazon, BlackBerry, F5, J.P. Morgan, Juniper, United and More

Posted: March 9, 2015 at 8:30 am

Stocks were looking for direction on Monday after a big sell-off on Friday. The trend that has remained in place for well over two years now is that investors still ...
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