PBF Energy traded at $40.69 this Tuesday June 23rd, increasing $1.40 or 3.56 percent since the previous trading session. Looking back, over the last four weeks, PBF Energy gained 6.35 percent. Over the last 12 months, its price rose by 86.22 percent. Looking ahead, we forecast PBF Energy to be priced at 36.52 by the end of this quarter and at 34.31 in one year, according to Trading Economics global macro models projections and analysts expectations.
PBF Energy Inc. (PBF Energy) is a holding company. The Company is an independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products. The Company operates through two segments: Refining and Logistics. The Refining segment produces a range of products at each of its refineries, including gasoline, ultra-low-sulfur diesel (ULSD), heating oil, jet fuel, lubricants, petrochemicals and asphalt. Its Logistics segment owns, operates, develops and acquires crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets. The Company sells its products throughout the Northeast, Midwest, Gulf Coast and West Coast of the United States, as well as in other regions of the United States, Canada and Mexico and are able to ship products to other international destinations.