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PBF Energy Q2 Earnings Call Highlights
MarketBeat15d agoneutral
PBF Energy Q2 Earnings Call Highlights

PBF Energy (NYSE:PBF) reported second-quarter adjusted net income of $6.22 per share and adjusted EBITDA of $1.24 billion, as management pointed to strong refined-product markets, low inventories and global supply disruptions as key drivers of the quarter. Chief Executive Officer Matt Lucey said di

PBF Energy (PBF) Stock Looks Reasonable On Earnings But Weak On Value
Simply Wall St.20d agoneutral
PBF Energy (PBF) Stock Looks Reasonable On Earnings But Weak On Value

PBF Energy stock has delivered a very large 5 year return, yet on Simply Wall St’s checks it only scores as a low value opportunity, which suggests the recent strength may have already priced in much of the turnaround story. Over the past 5 years PBF Energy has returned roughly 6.5x an initial investment, which puts the focus squarely on whether that kind of gain leaves enough margin for error at today’s price. Recent commentary highlights PBF Energy as a higher risk turnaround refiner that...