PBF Energy Option Alert: Jan, 2026 $20 Puts at the Bid: 5000 vs 296 OI; Earnings 2/13 Before Open 

PBF Energy Option Alert: Jan, 2026 $20 Puts at the Bid: 5000 @ $2.7 vs 296 OI; Earnings 2/13 Before Open Ref=$23.46

PBF Energy (NYSE:PBF) 주식

PBF Energy

PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX's operations.

PBF Energy Inc

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Goldman Sachs cut Genuine Parts Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPC#NYSE">GPC</a>) price target from $133 to $114. Goldman Sachs analyst Kate McShane downgraded the stock from Neutral to Sell. Genuine Parts shares closed at $119.14 on Monday.<a href="https://www.benzinga.com/quote/GPC/analyst-ratings"> See how other analysts view this stock.</a></li>
<li>Needham slashed the price target for Vaxcyte, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCVX#NASDAQ">PCVX</a>) from $140 to $90. Needham analyst Joseph Stringer maintained a Buy rating. Vaxcyte shares closed at $37.76 on Monday. See how other analysts <a href="https://www.benzinga.com/quote/PCVX/analyst-ratings">view this stock</a>.</li>
<li>Goldman Sachs raised Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) price target from $384 to $423. Goldman Sachs analyst Kate McShane upgraded the stock from Neutral to Buy. Ulta Beauty shares closed at $366.54 on Monday. <a href="https://www.benzinga.com/quote/ULTA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>TD Securities increased the price target for First Watch Restaurant Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRG#NASDAQ">FWRG</a>) from $21 to $22. TD Securities analyst Andrew Charles upgraded the stock from Hold to Buy. First Watch Restaurant shares closed at $16.65 on Monday. <a href="https://www.benzinga.com/quote/FWRG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co. raised the price target for BiomX Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHGE#NYSE">PHGE</a>) from $2 to $21. HC Wainwright &amp; Co. analyst Joseph Pantginis maintained a Buy rating. BiomX shares closed at $0.5557 on Monday. <a href="https://www.benzinga.com/quote/PHGE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>D. Boral Capital cut Reviva Pharmaceuticals Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVPH#NASDAQ">RVPH</a>) price target from $15 to $8. D. Boral Capital analyst Jason Kolbert maintained a Buy rating. Reviva Pharmaceuticals shares settled at $0.9538 on Monday. <a href="https://www.benzinga.com/quote/RVPH/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Mizuho cut PBF Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) price target from $28 to $22. Mizuho analyst Nitin Kumar maintained an Underperform rating. PBF Energy shares closed at $19.09 on Monday. <a href="https://www.benzinga.com/quote/PBF/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities raised Travere Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TVTX#NASDAQ">TVTX</a>) price target from $29 to $31. B of A Securities analyst Greg Harrison maintained a Buy rating. Travere Therapeutics shares closed at $17.92 on Monday. &nbsp;<a href="https://www.benzinga.com/quote/TVTX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities slashed the price target for Knight-Swift Transportation Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) from $66 to $46. B of A Securities analyst Ken Hoexter downgraded the stock from Buy to Neutral. Knight-Swift Transportation shares settled at $43.49 on Monday. <a href="https://www.benzinga.com/quote/KNX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies cut Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) price target from $85 to $46. Jefferies analyst Sheila Kahyaoglu downgraded the stock from Buy to Hold. Delta Air shares closed at $43.60 on Monday. <a href="https://www.benzinga.com/quote/DAL/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying ULTA stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="579" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/01084306/image-12-1024x579.png" alt="" class="wp-image-851127" style="width:621px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/01084306/image-12-1024x579.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/01084306/image-12-300x170.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/01084306/image-12-768x434.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/01084306/image-12.png 1100w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Ulta Beauty To Rally Over 15%? Here Are 10 Top Analyst Forecasts For Tuesday

Mizuho analyst Nitin Kumar maintains PBF Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) with a Underperform and lowers the price target from $28 to $22.

Mizuho Maintains Underperform on PBF Energy, Lowers Price Target to $22

PBF Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) underwent analysis by 8 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">7</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $26.38, a high estimate of $35.00, and a low estimate of $22.00. This current average has decreased by 11.33% from the previous average price target of $29.75. 
<img src="https://www.benzinga.com/files/images/story/2025/1743109311_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A clear picture of PBF Energy's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Neil Mehta</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$23.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Connor Lynagh</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$28.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Roger Read</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$22.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>John Royall</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$29.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Ryan Todd</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$23.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Manav Gupta</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$26.00</td>
<td>$29.00</td>
</tr>
<tr>
<td>Roger Read</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$25.00</td>
<td>$34.00</td>
</tr>
<tr>
<td>John Royall</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$35.00</td>
<td>$36.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to PBF Energy. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of PBF Energy compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of PBF Energy's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of PBF Energy's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PBF/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on PBF Energy analyst ratings.</a>
<h2>About PBF Energy</h2>
PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX's operations.
<h3>Understanding the Numbers: PBF Energy's Finances</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining PBF Energy's financials over 3 months reveals challenges. As of 31 December, 2024, the company experienced a decline of approximately -19.56% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Net Margin: PBF Energy's net margin is impressive, surpassing industry averages. With a net margin of -3.94%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): PBF Energy's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -5.06% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of -2.24%, the company showcases effective utilization of assets.
Debt Management: With a below-average debt-to-equity ratio of 0.42, PBF Energy adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>The Significance of Analyst Ratings Explained</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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The Analyst Verdict: PBF Energy In The Eyes Of 8 Experts

Goldman Sachs analyst Neil Mehta maintains PBF Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) with a Neutral and lowers the price target from $28 to $23.

Goldman Sachs Maintains Neutral on PBF Energy, Lowers Price Target to $23

Morgan Stanley analyst Connor Lynagh maintains PBF Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) with a Equal-Weight and lowers the price target from $31 to $28.

Morgan Stanley Maintains Equal-Weight on PBF Energy, Lowers Price Target to $28

Wells Fargo analyst Roger Read maintains PBF Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) with a Equal-Weight and lowers the price target from $25 to $22.

Wells Fargo Maintains Equal-Weight on PBF Energy, Lowers Price Target to $22

Reported Earlier, PBF Energy Prices Upsized $800M 9.875% Senior Notes Due 2030 For Debt Repayment, Operations

In the preceding three months, 8 analysts have released ratings for PBF Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>), presenting a wide array of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">5</td>
<td align="right">2</td>
<td align="right">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $27.75, a high estimate of $35.00, and a low estimate of $20.00. A decline of 10.83% from the prior average price target is evident in the current average. 
<img src="https://www.benzinga.com/files/images/story/2025/1741726869_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of PBF Energy among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Royall</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$29.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Ryan Todd</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$23.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Manav Gupta</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$26.00</td>
<td>$29.00</td>
</tr>
<tr>
<td>Roger Read</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$25.00</td>
<td>$34.00</td>
</tr>
<tr>
<td>John Royall</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$35.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>Jason Gabelman</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Sell</td>
<td>$20.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Nitin Kumar</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$31.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Randy Ollenberger</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$33.00</td>
<td>$35.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to PBF Energy. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of PBF Energy compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of PBF Energy's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Capture valuable insights into PBF Energy's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PBF/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on PBF Energy analyst ratings.</a>
<h2>All You Need to Know About PBF Energy</h2>
PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX's operations.
<h3>A Deep Dive into PBF Energy's Financials</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: PBF Energy's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2024, the company experienced a revenue decline of approximately -19.56%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: PBF Energy's net margin excels beyond industry benchmarks, reaching -3.94%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): PBF Energy's ROE excels beyond industry benchmarks, reaching -5.06%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): PBF Energy's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of -2.24%, the company showcases efficient use of assets and strong financial health.
Debt Management: PBF Energy's debt-to-equity ratio is below the industry average. With a ratio of 0.42, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Analyst Ratings: What Are They?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

PBF Energy Stock: A Deep Dive Into Analyst Perspectives (8 Ratings)

JP Morgan analyst John Royall maintains PBF Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) with a Neutral and lowers the price target from $31 to $29.

JP Morgan Maintains Neutral on PBF Energy, Lowers Price Target to $29

Piper Sandler analyst Ryan Todd maintains PBF Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) with a Underweight and lowers the price target from $24 to $23.

Piper Sandler Maintains Underweight on PBF Energy, Lowers Price Target to $23

PBF Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) announced today that, based on assessments to date, it intends to proceed with the repairs needed to restart its 157,000 barrel per day refinery in Martinez, CA. The refinery was damaged by a fire on February 1, 2025, and remains temporarily shut down. The restart of the refinery will be in two stages. Certain units, including the crude unit, are expected to restart early in the second quarter of 2025. Restart of the remaining units, which primarily includes the units that were scheduled for turnaround in the first quarter, should occur by the fourth quarter of 2025. Total throughput during stage one is expected to be in the range of 85,000 to 105,000 barrels per day, and the refinery is expected to be able to produce limited quantities of gasoline, jet fuel, and intermediates. The timing of both stages is dependent on factors impacting the company's ability to effect necessary repairs, including those outside of the company's control such as regulatory permitting and approvals and the availability of certain critical equipment and components.
&nbsp;
The company expects the cost of repairs to the fire damaged units and restoring the refinery to full operational status will largely be covered by insurance, subject to the company's deductible and retentions totaling $30 million. Further, the company expects that its business interruption insurance should significantly offset the financial loss resulting from the downtime. The protection from the business interruption insurance includes recovery of ongoing costs and potential lost margin opportunity incurred from April 3, 2025, and continuing until operations are fully restored.

PBF Energy Targets Partial Refinery Restart in Q2 2025, Full Operations by Year-End After Fire Damage

UBS analyst Manav Gupta maintains PBF Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) with a Neutral and lowers the price target from $29 to $26.

UBS Maintains Neutral on PBF Energy, Lowers Price Target to $26

WIIM

PBF Energy shares are trading lower following worse-than-expected Q4 financial results.

PBF Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) reported quarterly losses of $(2.82) per share which missed the analyst consensus estimate of $(2.81) by 0.36 percent. This is a 587.8 percent decrease over losses of $(0.41) per share from the same period last year. The company reported quarterly sales of $7.351 billion which missed the analyst consensus estimate of $7.430 billion by 1.07 percent. This is a 19.56 percent decrease over sales of $9.139 billion the same period last year.

Earnings

Earnings Misses

PBF Energy Q4 2024 Adj. EPS $(2.82) Misses $(2.81) Estimate, Sales $7.351B Miss $7.430B Estimate

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Earnings Scheduled For February 13, 2025

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Shares of oil and gas companies are trading lower after President Trump reiterated a pledge to increase oil production.

PBF Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) has been analyzed by 11 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">8</td>
<td align="right">2</td>
<td align="right">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated PBF Energy and provided 12-month price targets. The average target is $31.09, accompanied by a high estimate of $36.00 and a low estimate of $20.00. Experiencing a 11.17% decline, the current average is now lower than the previous average price target of $35.00. 
<img src="https://www.benzinga.com/files/images/story/2025/1736546463_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
A clear picture of PBF Energy's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Royall</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$35.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>Jason Gabelman</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Sell</td>
<td>$20.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Nitin Kumar</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$31.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Randy Ollenberger</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$33.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Neil Mehta</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$34.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Roger Read</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$34.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Connor Lynagh</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$34.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>Nitin Kumar</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$33.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>Jason Gabelman</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$27.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Jean Ann Salisbury</td>
<td>B of A Securities</td>
<td>Announces</td>
<td>Underperform</td>
<td>$25.00</td>
<td>-</td>
</tr>
<tr>
<td>Connor Lynagh</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$36.00</td>
<td>$38.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to PBF Energy. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of PBF Energy compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of PBF Energy's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into PBF Energy's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/PBF/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on PBF Energy analyst ratings.</a>
<h2>All You Need to Know About PBF Energy</h2>
PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX's operations.
<h3>Unraveling the Financial Story of PBF Energy</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: PBF Energy's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -21.91%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Net Margin: PBF Energy's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -3.41% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): PBF Energy's ROE excels beyond industry benchmarks, reaching -4.71%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): PBF Energy's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -2.1%, the company may face hurdles in achieving optimal financial returns.
Debt Management: PBF Energy's debt-to-equity ratio is below the industry average. With a ratio of 0.35, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>The Basics of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Deep Dive Into PBF Energy Stock: Analyst Perspectives (11 Ratings)

JP Morgan analyst John Royall maintains PBF Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) with a Neutral and lowers the price target from $36 to $35.

JP Morgan Maintains Neutral on PBF Energy, Lowers Price Target to $35

Price-to-book value is irrelevant, according to conventional wisdom.
The common argument states that all that matters is Central Bank liquidity and the total addressable market. It has been a powerful story with massive tailwinds from technology and politics.
Today, intangible assets, like intellectual property and brand value, matter the most.
Critics claim that only &#8220;dinosaurs&#8221; use price-to-book value, and most of them are extinct.
&nbsp;None of the biggest fund managers or self-proclaimed experts on the internet pay attention to the price of tangible book value.
&#8220;Value investing is dead,&#8221; they say, &#8220;and even if it weren&#8217;t, metrics like EBITDA and adjusted non-GAAP cash flow measures would be much more important than asset value.&#8221;
&nbsp;I write some version of this column every four or five months, as this remains the widely accepted opinion.
That may be true if you&#8217;re managing billions of dollars and need to dump millions of shares instantly to justify your existence.
If you feel compelled to be part of the tribe and own all the same stocks everybody else does, deep-value investing based on tangible book value is probably not for you.
However, if you&#8217;re an individual investor looking to grow your wealth to finance the life that&#8217;s important to you, then deep-value investing isn&#8217;t only alive, it's probably your best choice.
If you want to achieve high returns without sitting in front of screens or losing sleep over market volatility, the deep-value approach may be ideal for you.
The heart of deep-value investing is buying companies that trade for the value of their assets minus all debt and obligations.
Unlike most analysts who rely on earnings forecasts, deep-value analysts approach the matter from a credit-first perspective.
The simple truth is that a credit-first, deep-value approach to investing has outperformed the market over almost any measurable period.
The market has just experienced one of its best decades ever, with index fund investors earning over 13%.
For every dollar the successful index fund investor has earned over the decade, investors who used the combination of credit and value would have earned $4.39.
2024 has been a fantastic year for large-cap stock investors, yet deep-value investors who focused on credit have performed even better.
&nbsp;At no point in this journey would you have owned the stocks everyone loved. Over two decades, you would have owned few tech stocks.
&nbsp;Your holdings would have been old-economy stalwart businesses that everyone ignored.
&nbsp;Many of them would have been acquired by private equity firms and strategic buyers who recognized the value of adding these businesses to their existing operations over the years..
You would own more stocks at market bottoms than at market tops, as bargains become scarce as markets move higher.
Today is no exception.
While you won&#8217;t own any high-tech companies on the cutting edge of artificial intelligence, you will own companies that will be key providers of the energy needed for the economy to grow and support the expansion of AI and other technologies.
Consider PBF Energy Inc. (Ticker: PBF) one of North America&#8217;s largest independent petroleum refiners and suppliers. Headquartered in Parsippany, New Jersey, the company owns and operates a diverse portfolio of refining assets strategically located across the United States. PBF Energy also operates a logistics subsidiary, PBF Logistics LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBFX#NYSE">PBFX</a>), which provides transportation, storage, and terminal services to support its refining operations and third-party customers.
The stock currently trades at less than 60% of its tangible book value and has a strong credit profile. It pays a dividend yield of 3.6%, so investors collect cash while waiting for the price to reflect the company&#8217;s value. The decline in the stock price has attracted significant buying from Mexican billionaire and activist investor Carlos Slim, who owns 23% of the company.
Another example lies in shipping. Everyone claims the shipping business is terrible, arguing that China will never make, sell, or buy anything ever again, and that trade tariffs will bring global trade to a screeching halt. While I have no idea how things will play out for the global economy given China&#8217;s ongoing difficulties or the looming prospect of punitive tariffs, I do know that Genco Shipping (Ticker: GNK) trades for less than the value of its ships and has a strong balance sheet.
The fundamentals of the business are fantastic despite the industry&#8217;s negative perception. Genco Shipping is a leading provider of dry bulk shipping services. Based in New York, the company operates a modern and diversified fleet of dry bulk vessels. As of October 2024, Genco&#8217;s fleet comprises 42 vessels, including various sizes of freight carriers. The fleet has a total carrying capacity of approximately 4.45 million deadweight tons and an average age of 11.9 years.
Genco continues to execute its comprehensive value strategy, focusing on paying substantial quarterly cash dividends, making voluntary debt repayments, and opportunistically growing and renewing its asset base. In line with this strategy, the company acquired the Genco Intrepid, a high-specification 2016-built 180,000 dwt Capesize vessel, delivered in October 2024. The stock yields over 10% at the current price and trades for just 65% of tangible book value and 8 times earnings. Wall Street pays very little attention to these stocks, and internet pundits have no idea these companies even exist. Deep-value investors who understand the power of valuation, credit, and patience could do very well with both of these stocks.

Opinion

PBFX

Under the Radar: The Unseen Value of Price-to-Book Investing

TD Cowen analyst Jason Gabelman downgrades PBF Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) from Hold to Sell and lowers the price target from $27 to $20.

Downgrades

TD Cowen Downgrades PBF Energy to Sell, Lowers Price Target to $20

Commodities

Press Releases

PBF Energy to Release Fourth Quarter 2024 Earnings Results

Dividends

PBF Energy Reports Fourth Quarter and Full Year 2024 Results, Declares Dividend of $0.275 per Share

PBF Energy to Participate in the Scotiabank Global Energy Conference

PBF Energy to Participate in Industry Conferences

PBF Energy Provides Update on Martinez Refinery

Tom Nimbley to Transition to Non-Executive Chairman of the Board

Offerings

PBF Energy Announces Intention to Offer $750 Million of Senior Notes due 2030

PBF Energy Announces Pricing of Upsized $800 Million of Senior Notes due 2030

PBF Energy to Participate in Piper Sandler Annual Energy Conference

PBF Energy to Release First Quarter 2025 Earnings Results

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