PBF Energy (NYSE:PBF) Sets New 52-Week High Following Strong Earnings

Posted by Brenda Bartman on Jul 30th, 2026

PBF Energy Inc. (NYSE:PBF – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday following a stronger than expected earnings report. The stock traded as high as $70.75 and last traded at $71.28, with a volume of 628587 shares changing hands. The stock had previously closed at $63.35.

The oil and gas company reported $6.22 EPS for the quarter, beating the consensus estimate of $4.15 by $2.07. PBF Energy had a net margin of 1.46% and a negative return on equity of 4.12%. The company had revenue of $11.68 billion during the quarter, compared to analysts’ expectations of $9.61 billion. During the same quarter in the previous year, the company earned ($1.03) earnings per share. PBF Energy’s revenue for the quarter was up 56.2% on a year-over-year basis.

Analysts Set New Price Targets

Several research firms have recently weighed in on PBF. Morgan Stanley raised their price objective on shares of PBF Energy from $34.00 to $38.00 and gave the company an “underweight” rating in a research report on Friday, June 12th. Mizuho increased their price objective on PBF Energy from $48.00 to $57.00 and gave the company a “neutral” rating in a research note on Tuesday, July 14th. Citigroup upped their price objective on shares of PBF Energy from $43.00 to $65.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Wall Street Zen upgraded PBF Energy from a “hold” rating to a “buy” rating in a report on Wednesday, July 22nd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of PBF Energy in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, PBF Energy presently has a consensus rating of “Hold” and an average target price of $45.62.

Read Our Latest Stock Report on PBF Energy

Insider Activity at PBF Energy

In other news, insider Control Empresarial De Capital sold 220,000 shares of the business’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $63.96, for a total value of $14,071,200.00. Following the completion of the transaction, the insider owned 15,492,128 shares in the company, valued at $990,876,506.88. The trade was a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last three months, insiders sold 3,396,570 shares of company stock valued at $163,978,356. 5.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On PBF Energy

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Parallel Advisors LLC grew its stake in shares of PBF Energy by 6.8% in the first quarter. Parallel Advisors LLC now owns 3,781 shares of the oil and gas company’s stock worth $180,000 after acquiring an additional 242 shares during the period. PNC Financial Services Group Inc. boosted its holdings in PBF Energy by 3.9% in the first quarter. PNC Financial Services Group Inc. now owns 6,850 shares of the oil and gas company’s stock worth $326,000 after purchasing an additional 260 shares during the last quarter. Merit Financial Group LLC grew its position in PBF Energy by 3.4% in the 4th quarter. Merit Financial Group LLC now owns 9,900 shares of the oil and gas company’s stock worth $268,000 after purchasing an additional 325 shares during the period. Janney Montgomery Scott LLC grew its position in PBF Energy by 5.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 7,885 shares of the oil and gas company’s stock worth $375,000 after purchasing an additional 383 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in PBF Energy by 1.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 28,617 shares of the oil and gas company’s stock valued at $863,000 after buying an additional 432 shares during the last quarter. Institutional investors own 96.29% of the company’s stock.

PBF Energy Price Performance

The stock has a market capitalization of $8.56 billion, a P/E ratio of 19.49, a PEG ratio of 0.10 and a beta of 0.11. 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 firm has a fifty day moving average price of $47.88 and a two-hundred day moving average price of $42.42.

PBF Energy Company Profile

(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.