Added to YB: 2024-10-01
Pitch date: 2024-09-29
PBF [bullish]
PBF Energy Inc.
+140.17%
current return
Author Info
Chop Wood, Carry Water is a tech manager and investor searching for value-based investments. Sign up for the newsletter.
Company Info
PBF Energy Inc., through its subsidiaries, engages in the refining and supplying of petroleum products.
Market Cap
$8.6B
Pitch Price
$28.96
Price Target
51.00 (-31%)
Dividend
1.50%
EV/EBITDA
8.80
P/E
6.32
EV/Sales
0.34
Sector
Oil, Gas and Consumable Fuels
Category
value
$PBF Quick Pitch
PBF: 6 refineries, 1M+ bpd. Revenue $38.3B (-18% YoY). Net income $2.14B (-26% YoY). FCF $868M. P/B 0.59. Renewable diesel JV w/ Eni. Risks: oil price volatility, regulations, cybersecurity. Pros: geographic diversity, cost management, shareholder returns. PT $51, upside potential.
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