TD Cowen reiterated coverage on PBF Energy with a new price target
$PBF
Integrated oil Companies
Energy
TD Cowen reiterated coverage of PBF Energy with a rating of Hold and set a new price target of $27.00 from $32.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/11/2025 | $19.00 → $17.00 | Sell | TD Cowen |
| 12/20/2024 | $27.00 → $20.00 | Hold → Sell | TD Cowen |
| 12/16/2024 | $33.00 → $31.00 | Neutral → Underperform | Mizuho |
| 12/9/2024 | $39.00 → $34.00 | Overweight → Equal Weight | Wells Fargo |
| 11/1/2024 | $32.00 → $27.00 | Hold | TD Cowen |
| 10/17/2024 | $25.00 | Underperform | BofA Securities |
| 10/4/2024 | $42.00 → $35.00 | Outperform → Market Perform | BMO Capital Markets |
| 10/2/2024 | $53.00 → $40.00 | Overweight → Neutral | JP Morgan |
4 - PBF Energy Inc. (0001534504) (Issuer)
4 - PBF Energy Inc. (0001534504) (Issuer)
4 - PBF Energy Inc. (0001534504) (Issuer)
8-K - PBF Energy Inc. (0001534504) (Filer)
SCHEDULE 13D/A - PBF Energy Inc. (0001534504) (Subject)
10-K - PBF Energy Inc. (0001534504) (Filer)
PARSIPPANY, N.J., March 12, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), priced $800 million in aggregate principal amount of 9.875% senior notes due 2030 (the "Notes") at an issue price of 98.563% in a private offering. The offering is expected to close on March 17, 2025, subject to customary closing conditions. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding. PBF Holding intends to use the net proceeds from the offering to repay outstanding borrowings under its asset based revolving credit facility and for general corporate purposes.
PARSIPPANY, N.J., March 12, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), intends to offer, subject to market and other conditions, $750 million in aggregate principal amount of senior notes due 2030 (the "Notes") in a private offering. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding. Completion of the offering is subject to, among other things, pricing and market conditions. PBF Holding intends to use the net proceeds from the proposed offering to repay outstanding borrowings under its asset based revolving credit facility and for general c
PARSIPPANY, N.J., March 11, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that Thomas J. Nimbley will retire from his position as Executive Chairman of the company and its subsidiaries on June 30, 2025. Mr. Nimbley is standing for re-election as a director at the company's 2025 Annual Meeting of Stockholders and will become non-executive Chairman of the Board effective July 1, 2025 assuming his re-election. Mr. Nimbley retired as PBF Energy's CEO effective on June 30, 2023 and has served as Executive Chairman of the Board since that time. Gene Edwards, PB
4 - PBF Energy Inc. (0001534504) (Issuer)
4 - PBF Energy Inc. (0001534504) (Issuer)
4 - PBF Energy Inc. (0001534504) (Issuer)
PARSIPPANY, N.J., March 11, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that Thomas J. Nimbley will retire from his position as Executive Chairman of the company and its subsidiaries on June 30, 2025. Mr. Nimbley is standing for re-election as a director at the company's 2025 Annual Meeting of Stockholders and will become non-executive Chairman of the Board effective July 1, 2025 assuming his re-election. Mr. Nimbley retired as PBF Energy's CEO effective on June 30, 2023 and has served as Executive Chairman of the Board since that time. Gene Edwards, PB
PARSIPPANY, N.J., March 6, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that, based on assessments to date, it intends to proceed with the repairs needed to restart its 157,000 barrel per day refinery in Martinez, CA. The refinery was damaged by a fire on February 1, 2025, and remains temporarily shut down. The restart of the refinery will be in two stages. Certain units, including the crude unit, are expected to restart early in the second quarter of 2025. Restart of the remaining units, which primarily includes the units that were scheduled for turnaround in the first quarter, should occur by the fourth quarter of 2025. Total throughput during stage one is expected to be
Fourth quarter loss from operations of $383.2 million (excluding special items, fourth quarter loss from operations of $427.9 million)Full year loss from operations of $699.0 million (excluding special items, full year loss from operations of $588.0 million)Declares quarterly dividend of $0.275 per shareReturned more than $60 million to stockholders through dividends and share buybacks in the fourth quarter and approximately $450 million in the yearPARSIPPANY, N.J., Feb. 13, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported fourth quarter 2024 loss from operations of $383.2 million as compared to loss from operations of $47.2 million for the fourth quarter of 2023. Excluding spe
NYSE American: UEC CORPUS CHRISTI, Texas, March 20, 2023 /PRNewswire/ - Uranium Energy Corp (NYSE:UEC) (the "Company" or "UEC") is pleased to announce the appointment of Trecia Canty to the Company's Board of Directors. Trecia Canty has over 25 years of experience in finance, strategic transactions, corporate governance, compliance, enterprise risk and ESG and has extensive energy industry experience, including exploration and production, public utilities, pipelines and related businesses in the United States and Canada. Ms. Canty is presently the Senior Vice President, General Counsel and Corporate Secretary and a member of the Executive Committee of PBF Energy Inc. (NYSE:PBF), a Fortune 2
PARSIPPANY, N.J., March 14, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced that Georganne Hodges and Damian W. Wilmot have been appointed as independent directors effective as of March 15, 2023. Thomas J. Nimbley, Chairman of the Board and Chief Executive Officer, commented, "We are very pleased to have Georganne and Damian join the Board of Directors of PBF Energy. Georganne has over 30 years of energy industry and financial expertise, and Damian has led cross-functional teams across a variety of disciplines, including regulatory, risk management and compliance. Th
PARSIPPANY, N.J., Dec. 21, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced that Lawrence M. Ziemba has been elected as an independent director effective January 1, 2023. Thomas J. Nimbley, Chairman of the Board and Chief Executive Officer, commented, "We are very pleased to have Larry join the Board of Directors of PBF Energy. Having served on the board of our logistics subsidiary, Larry has deep knowledge of PBF's operations and, with his extensive industry experience, will be a valuable contributor to the Board." From December 2019 to December 2022, Mr. Ziemba se
SC 13D/A - PBF Energy Inc. (0001534504) (Subject)
SC 13D/A - PBF Energy Inc. (0001534504) (Subject)
SC 13D/A - PBF Energy Inc. (0001534504) (Subject)
TD Cowen reiterated coverage of PBF Energy with a rating of Sell and set a new price target of $17.00 from $19.00 previously
TD Cowen downgraded PBF Energy from Hold to Sell and set a new price target of $20.00 from $27.00 previously
Mizuho downgraded PBF Energy from Neutral to Underperform and set a new price target of $31.00 from $33.00 previously