PBF Energy Inc - Class A

NYSE: PBF
$55.92
+$0.43 (+0.8%)
Closing price April 19, 2024
PBF Energy Inc. is a key player in the petroleum sector, specializing in refining and supplying a wide range of petroleum products. With operations spanning across the United States, Canada, Mexico, and other international markets, PBF Energy produces essential fuels and products such as gasoline, diesel, jet fuel, lubricants, and asphalt. Beyond production, the company offers critical services in transportation and storage, leveraging rail, truck, and marine terminaling to efficiently distribute its products. Founded in 2008 and headquartered in Parsippany, New Jersey, PBF Energy stands as a vital link in the global energy supply chain.
In an energy sector that has struggled, the refiners have shined, and Cowen analysts have been spot-on in their assessment of the top stocks.
Monday's top analyst upgrades and downgrades include Amazon.com, BlackBerry, F5 Networks, J.P. Morgan, Juniper Networks and United Continental.
In an energy sector that has struggled, the refiners have shined, and Cowen analysts are focused on six top stocks to buy.
Cowen analysts are keeping a positive view on the refining sector due to solid underlying earnings potential and the developing theme of logistics growth.
In a new research report, the team at Cowen submit that crude export regulations are largely unchanged and permits for condensate export do not constitute precedent.
Analysts at Cowen say that, while second-quarter earnings estimates are coming down, they believe asset quality will be rewarded and see the crude pricing upside as setting up a buying opportunity.
As the argument heats up on whether the United States should revoke its 40-year ban on crude oil exports, interest groups will be choosing sides and adding their voices to the discussion. Monday's...
Source: ThinkstockIt was only a matter of time. In the wake of the 1973 OPEC oil embargo, the U.S. enacted a law in 1975 that prohibits (with minor exceptions) exporting U.S. crude oil. But as U.S....
Source: courtesy BP plcU.S. crude oil refiners’ stocks are surging Friday following the release of the International Energy Agency’s (IEA) October Oil Market Report. U.S. refinery throughput in...
Source: ThinkstockShould you chase short sellers, particularly in the energy business? That is what you have to ask yourself after a Credit Suisse report on the sector. Oil has remained above $100 a...
Source: ThinkstockEach of the independent refiners to report second-quarter earnings so far have shown year-over-year declines, reflective of a sluggish demand environment, rapidly compressing crude...
Source: ThinkstockOver the past 12 months, the best performing oil refining stock has been Tesoro Corp. (NYSE: TSO), which has doubled, even though it has dropped sharply in the past month. Phillips...
Source: Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday.Amgen Inc. (NASDAQ: AMGN) cut to Neutral at Credit Suisse.ARM...