PBF Energy Inc. · Petroleum Refining

PBF

Elevated riskNext report: In 2 days (est.)

View price ↗

The short version

A company still losing money with growing sales. Institutions are adding.

Going well

Sales up 56% in the latest quarter vs a year ago
Buying back shares: share count down 9.4% in 3 years

Watch out for

Losing money
Revenue down 11.4% from the year before

Money moves

Insiders sold $33.3M in the last 30 days
Institutions added 6.9% to their holdings in the quarter ending June 2026 (261 bought, 170 sold)
Held by Ray Dalio (Bridgewater)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$80.53+5.8% that day

Company value: $9.7B; Share price times all shares
Price vs profit (P/E): 7.1x; You pay about $7 for each $1 of yearly profit
Price vs sales: 0.28x; Company value is 0.28 times a year of sales
Cash vs value: 9%; Cash as a share of company value
Debt vs value: 22%; Debt as a share of company value

From PBF's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$11.7B+56% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $34.4B, up 14% from the 12 months before. Over 5 years, sales grew about 14% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of PBF. Starting points are the company's recent numbers.

Sales growth+14% a yearRecently: +14% a yearProfit margin4%Last 12 months: 3.9%P/E at the end8xToday: 7.1x. Many steady companies trade at 12x to 25xShare count change-3% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$66.2B

Profit in 5 years$2.6B

Price these guesses point to$203.71+153% vs $80.53 todayAbout +20% a year, before dividends

What today's price needs: with a 4% margin and a 8x P/E, sales could shrink about 5.3% a year for 5 years and still match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

2/6Weak

MissReturn on equity 15%+Earns a lot on the money owners have in the business.-2.9%
PassDebt under half of equityNot relying on borrowed money.0.40x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-0.5%
MissProfitable every yearSteady profits, not one good year.7 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$783.2M
PassShare count not growingNot diluting owners. Falling means buybacks.-9.4% in 3 years

Revenue: $29.3B; -11.4% vs prior year
5-year growth: +14.2%/yr; revenue, per year
Total debt: $2.1B; 0.40x equity
Current ratio: 1.21x; short-term assets / bills due

From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Jun 30, 2026

Reported Jul 30

Revenue: $11.7B; +56.2% YoY
EPS: $7.54; vs -$0.05
Op. margin: 10.9%; +10.3 pts
Gross margin: 9.8%; +10.6 pts
Free cash flow: $1.5B
Share count: +5.5%; vs a year ago

Insider rating

Last 90 days

23Selling

1 insider sold $33.3M (not pre-planned)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

0/ 100

This week: 0
Normal week: 4.0
vs normal: 0.0x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Accumulating+6.9%

Institutions added 6.9% to their holdings. 261 bought, 170 sold.

Shares held by institutions104.8M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

-2.5%

Cash runwayAt last year's cash burn

138 months

Debt to equityLatest balance sheet: debt compared with what owners have

0.3x · $1.7B debt

Shares outstandingLatest reported

121M

Why elevated risk

Losing money
Revenue down 11.4% from the year before
1 offering filing in 6 months (may sell new shares)

Earnings reports

Last 12

Next reportIn 2 days (est.)Estimated from the same quarter last year

Results filedJul 30
Results filedApr 30
Results filedFeb 12
Results filedOct 30, 2025
Results filedJul 31, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

5%+ holder update (passive)Oct 5 · View filing ↗Big holder Major agreementSep 17 · View filing ↗Offering 5%+ holder update (passive)Jul 30 · View filing ↗Big holder

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$33.3M1 insider, 0 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
Empresarial De Capitales S.a. De C.v. Control10% owner	Sell	170K	$88.03	$15.0M	13M	Oct 8Filing ↗
-1.3% of their holdings $87.50 to $88.40 across 2 trades Not a pre-planned sale Filed 5 days after
Empresarial De Capitales S.a. De C.v. Control10% owner	Sell	120K	$84.13	$10.1M	13M	Oct 5Filing ↗
-0.9% of their holdings Not a pre-planned sale Filed 2 days after
Empresarial De Capitales S.a. De C.v. Control10% owner	Sell	100K	$82.00	$8.2M	14M	Oct 1Filing ↗
-0.7% of their holdings Not a pre-planned sale Filed 4 days after