PBF Energy Inc. Overview
Pro stress-test →PBF Energy operates through two segments—Refining and Logistics—producing gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, along with unbranded transportation fuels and petrochemical feedstocks. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana.
Strategic Profile
Pro stress-test →CEO Matt Lucey emphasized PBF's strategic position in the refining market, noting the company is 'well-suited and highly leveraged to this improving market dynamic.' Future guidance includes plans to reduce debt, capitalize on favorable crude differential dynamics, and normalize turnaround schedules between 2027-2029.
Competitive Landscape
Pro stress-test →PBF Energy is an independent refiner in North America operating oil refineries and related facilities across multiple states. The company competes with other independent refiners like Valero Energy, HollyFrontier, and Phillips 66. PBF's competitive advantage stems from its geographically diversified refinery portfolio and integrated logistics operations, though it faces pressures from larger integrated oil companies with upstream assets.
Industry Context
PBF Energy Inc. operates in Downstream Petroleum Refining & Logistics.
Key facts
Founded: 2008 · Headquarters: Parsippany, US · Revenue: $7.14B · Market cap: $4.16B