our mission is to identify attractive acquisition opportunities in the petroleum refining industry in north america and execute acquisitions that provide superior returns to our investors, provide employees with a safe and rewarding workplace, and become a positive influence in the communities where we do business.
Company profile
Ticker
PBF
Exchange
Website
CEO
Thomas Nimbley
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
PBF Energy Company LLC • PBF Holding Company LLC • PBF Services Company LLC • PBF Investments LLC • Delaware City Refining Company LLC • PBF Power Marketing LLC • Paulsboro Refining Company LLC • Toledo Refining Company LLC • PBF Finance Corporation • PBF International Inc. ...
PBF stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
PBF Energy Announces First Quarter 2024 Results and Declares Dividend of $0.25 per Share
2 May 24
8-K
Submission of Matters to a Vote of Security Holders
1 May 24
ARS
2023 FY
Annual report to shareholders
15 Mar 24
DEFA14A
Additional proxy soliciting materials
15 Mar 24
DEF 14A
Definitive proxy
15 Mar 24
8-K
Changes in Registrant's Certifying Accountant
16 Feb 24
10-K
2023 FY
Annual report
15 Feb 24
8-K
Results of Operations and Financial Condition
15 Feb 24
8-K
Departure of Directors or Certain Officers
2 Feb 24
Transcripts
PBF
Earnings call transcript
2023 Q4
15 Feb 24
PBF
Earnings call transcript
2023 Q3
2 Nov 23
PBF
Earnings call transcript
2023 Q2
3 Aug 23
PBF
Earnings call transcript
2023 Q1
5 May 23
PBF
Earnings call transcript
2021 Q4
10 Feb 22
PBF
Earnings call transcript
2020 Q2
31 Jul 20
PBF
Earnings call transcript
2020 Q1
15 May 20
PBF
Earnings call transcript
2019 Q4
13 Feb 20
PBF
Earnings call transcript
2019 Q3
31 Oct 19
PBF
Earnings call transcript
2019 Q2
1 Aug 19
Latest ownership filings
4
Change in insider ownership
7 Jun 24
4
Change in insider ownership
5 Jun 24
4
Thomas J. Nimbley
20 May 24
4
Lawrence Michael Ziemba
2 May 24
4
S EUGENE EDWARDS
2 May 24
4
Damian W. Wilmot
2 May 24
4
Georganne Hodges
2 May 24
4
PAUL JOSEPH DONAHUE
2 May 24
4
George E. Ogden
2 May 24
4
Kimberly S Lubel
2 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.44 bn | 1.44 bn | 1.44 bn | 1.44 bn | 1.44 bn | 1.44 bn |
Cash burn (monthly) | 114.00 mm | 14.55 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 262.59 mm | 33.51 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.18 bn | 1.41 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 10.3 | 96.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
93.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 384 |
Opened positions | 77 |
Closed positions | 42 |
Increased positions | 113 |
Reduced positions | 154 |
13F shares | Current |
---|---|
Total value | 5.21 tn |
Total shares | 110.23 mm |
Total puts | 2.43 mm |
Total calls | 5.03 mm |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 13.70 mm | $733.22 bn |
Helu Carlos Slim | 12.58 mm | $571.37 mm |
Vanguard | 11.63 mm | $622.61 bn |
Dimensional Fund Advisors | 7.26 mm | $388.70 bn |
STT State Street | 5.57 mm | $297.96 bn |
Arrowstreet Capital, Limited Partnership | 3.38 mm | $179.84 bn |
BK Bank Of New York Mellon | 3.33 mm | $178.37 bn |
Geode Capital Management | 2.64 mm | $141.46 bn |
GS Goldman Sachs | 2.47 mm | $132.22 bn |
MS Morgan Stanley | 1.91 mm | $102.46 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Jun 24 | Carso, S.A. de C.V. Inversora | Class A Common Shares (as defined in Exhibit 99.1 hereto) | Buy | Acquire P | No | No | 45.3654 | 200,000 | 9.07 mm | 14,824,198 |
4 Jun 24 | Carso, S.A. de C.V. Inversora | Class A Common Shares (as defined in Exhibit 99.1 hereto) | Buy | Acquire P | No | No | 45.2659 | 195,000 | 8.83 mm | 14,624,198 |
3 Jun 24 | Carso, S.A. de C.V. Inversora | Class A Common Shares (as defined in Exhibit 99.1 hereto) | Buy | Acquire P | No | No | 44.9633 | 84,000 | 3.78 mm | 14,429,198 |
17 May 24 | Nimbley Thomas J. | Class A Common Stock | Payment of exercise | Dispose F | No | No | 50.58 | 37,373 | 1.89 mm | 726,004 |
17 May 24 | Nimbley Thomas J. | Class A Common Stock | Option exercise | Acquire M | No | No | 24.43 | 50,000 | 1.22 mm | 763,377 |
17 May 24 | Nimbley Thomas J. | Employee Stock Options Class A Common Stock | Option exercise | Dispose M | No | No | 24.43 | 50,000 | 1.22 mm | 0 |
30 Apr 24 | Spencer Abraham | Class A Common Stock | Payment of exercise | Dispose F | No | No | 53.27 | 912 | 48.58 k | 52,964 |
30 Apr 24 | Spencer Abraham | Class A Common Stock | Grant | Acquire A | No | No | 0 | 3,286 | 0.00 | 53,876 |
30 Apr 24 | Kimberly S Lubel | Class A Common Stock | Payment of exercise | Dispose F | No | No | 53.27 | 723 | 38.51 k | 39,976 |
30 Apr 24 | Kimberly S Lubel | Class A Common Stock | Grant | Acquire A | No | No | 0 | 3,286 | 0.00 | 40,699 |