PBF Energy Inc. Announces Quarterly Dividend of $0.28 (NYSE:PBF)

PBF Energy Inc. (NYSE:PBF – Get Free Report) declared a quarterly dividend on Thursday, July 30th. Investors of record on Friday, August 14th will be paid a dividend of 0.275 per share by the oil and gas company on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, August 14th.

PBF Energy has increased its dividend payment by an average of 0.3%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. PBF Energy has a payout ratio of 220.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect PBF Energy to earn $6.99 per share next year, which means the company should continue to be able to cover its $1.10 annual dividend with an expected future payout ratio of 15.7%.

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PBF Energy Trading Up 16.0%

NYSE:PBF traded up $10.11 during midday trading on Thursday, reaching $73.46. 6,591,328 shares of the stock traded hands, compared to its average volume of 3,375,678. The company has a fifty day moving average of $47.88 and a 200 day moving average of $42.42. PBF Energy has a 12 month low of $21.24 and a 12 month high of $74.74. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.62 and a current ratio of 1.31. The stock has a market capitalization of $8.69 billion, a P/E ratio of 19.80, a PEG ratio of 0.10 and a beta of 0.11.

PBF Energy (NYSE:PBF – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The oil and gas company reported $6.22 earnings per share for the quarter, beating the consensus estimate of $4.15 by $2.07. The business had revenue of $11.68 billion during the quarter, compared to analysts’ expectations of $9.61 billion. PBF Energy had a net margin of 1.46% and a negative return on equity of 4.12%. The firm’s revenue for the quarter was up 56.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($1.03) EPS. On average, research analysts predict that PBF Energy will post 10.94 EPS for the current year.

PBF Energy News Roundup

Here are the key news stories impacting PBF Energy this week:

• Positive Sentiment: Quarterly results significantly exceeded expectations. PBF reported second-quarter EPS of $6.22, up from a $1.03 loss a year earlier and above the $4.05–$4.15 analyst consensus. Revenue rose 56.2% year over year to $11.68 billion, also topping estimates. PBF Energy Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Profitability and balance-sheet improvements supported sentiment. Second-quarter income from operations reached $1.27 billion, compared with $43 million a year ago. PBF also reduced gross debt by more than $1 billion, received another $250 million installment related to the Martinez refinery fire, and completed the refinery’s restart in May. The company declared a quarterly dividend of $0.275 per share. PBF Energy Announces Second Quarter 2026 Results
• Positive Sentiment: Options activity indicated increased bullish interest. Investors purchased approximately 7,100 PBF call options, about 69% above the average daily volume.
• Neutral Sentiment: PBF was highlighted as a value stock and as one of the refiners benefiting from wider crack spreads and tight fuel supplies. These industry conditions could support earnings, although refining profitability remains cyclical. 3 Refiners Benefiting From Oil Volatility and Tight Fuel Supply
• Negative Sentiment: Control Empresarial De Capital sold 220,000 shares for approximately $14.1 million, continuing a series of insider sales. However, it retained more than 15.4 million shares. Analysts’ overall consensus remains “Hold,” with several firms maintaining neutral or underweight ratings.

About PBF Energy

(Get Free Report)

PBF Energy, Inc is an independent petroleum refiner organized in 2008 and headquartered in Parsippany, New Jersey. The company began trading on the New York Stock Exchange in July 2012 under the ticker symbol PBF. Since its formation, PBF Energy has grown through acquisitions and operational optimization, positioning itself as a leading supplier of refined petroleum products in the United States.

The company owns and operates five refineries located along the U.S. Gulf Coast, East Coast and in the Pacific Northwest, with a combined crude oil processing capacity of approximately 900,000 barrels per day.

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