node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, PBF Energy Inc. (PBF): Free Stock Analysis Report, Marathon Petroleum Corporation (MPC): Free Stock Analysis Report, Murphy USA Inc. (MUSA): Free Stock Analysis Report, Viper Energy Partners LP (VNOM): Free Stock Analysis Report. The company’s Martinez refinery has been kept idled since April. The PBF Energy Inc (PBF) shares are trading at higher $9.21 and the avg recommendation for the stock is Hold. Sign-up for continuing coverage on shares of PBF stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick! This reflects a decline from June’s 70%, the source revealed. This article by Simply Wall St is general in nature.

The significant decline in fuel demand is hurting the bottom lines of refiners like PBF Energy since they produce refined petroleum products from raw crude oil. We can see in the image below that the average P/E (10.3) for companies in the oil and gas industry is higher than PBF Energy’s P/E. PBF Energy’s Balance Sheet . Data source: PBF Energy. The company’s EBITDA came in at $751.8 million which compares well with its peers. That drop has capped off a tough year for shareholders, with the share price down 39% in that time. Is PBF Energy, Inc. a profitable investment? In the last quarter, PBF reported a profit of $620.8 million. Yes! As the company moves forward in the development of its refineries, devotion to producing clean energy will … PBF Energy Announces Change to a Virtual Meeting Format for 2020 Annual Meeting of Stockholders on June 4, 2020 PDF Perhaps the simplest way to get a read on investors’ expectations of a business is to look at its Price to Earnings Ratio (PE Ratio). That’s because companies that grow earnings per share quickly will rapidly increase the ‘E’ in the equation. That means unless the share price increases, the P/E will reduce in a few years. The Unprecedented Rise of American Tower Corporation (REIT) (NYSE:AMT), The Forecast Just Changed on BHP Group (NYSE:BHP), UDR Inc. (NYSE:UDR) Recent Earnings Shows Major Concern, Calithera Biosciences Inc. (NASDAQ:CALA) Recent Earnings Shows Major Concern.

Investors should also keep an eye on sector updates as PBF has historically followed its peers on positive news. Unfortunately for some shareholders, the PBF Energy (NYSE:PBF) share price has dived 34% in the last thirty days. Thus, the recent report of further reduction of capacity utilization at its Martinez refinery reflects further demand disruption of fuel. On paper, this past quarter doesn't look so good compared to this time last year and the previous quarter, but … In fact, in May, the company announced that it was running six refineries at minimum capacities – averaged at roughly 70%. PBF Energy rumors. ACN 600 056 611, Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. According to Bloomberg reports, the company is … Over the last 52 weeks, PBF is down -73.62% while the S&P 500 is up 0.07%. Meanwhile, a couple of better-ranked players in the energy space are Viper Energy Partners LP VNOM and Murphy USA Inc. MUSA. Notably, the pandemic has been hurting refining business for months, with no immediate respite in sight. The implication here is that long term investors have an opportunity when expectations of a company are too low. This is a reasonably significant level of debt — all else being equal you’d expect a much lower P/E than if it had net cash. While the market sentiment towards a stock is very changeable, in the long run, the share price will tend to move in the same direction as earnings per share. We can tell from its P/E ratio of 6.62 that sentiment around PBF Energy isn’t particularly high. Today, that discovery is still the heart of the Zacks Rank. PBF Energy’s P/E is 6.6 which is below average (16.6) in the US market. EPS = earnings per share. If you consider the stock interesting, further research is recommended. Are Markets Underpricing Pandemic Impact?

Moreover, for 2020, the consensus estimate for loss has been revised higher to $5.14 per share from $5.02. Find out when PBF reaches critical levels. PBF Energy stock has been cut in half since setting a record high, but Mexico’s richest person has just bought millions of shares, adding to his stake.. PBF Energy stock (ticker: PBF) set …

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