PBF Energy Inc - Class A
NYSE: PBF
$43.43
-$2.32 (-5.1%)
Closing Price on July 5, 2024
PBF Articles
Are the refiners getting up there in valuation? The answer is probably yes, but the companies have pulled back from 52-week highs and are poised to keep the winning ways going.
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Exxon Mobil's troubled 155,000-barrel per day refinery in Torrance, Calif., is being sold to PBF Energy for $537.5 million.
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With the refiners starting to come back, these top stocks to buy make good sense for long-term energy investors.
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PBF Energy has agreed to purchase Chalmette Refining from co-owners Exxon Mobil and Petróleos de Venezuela.
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In an energy sector that has struggled, the refiners have shined, and Cowen analysts have been spot-on in their assessment of the top stocks.
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Monday's top analyst upgrades and downgrades include Amazon.com, BlackBerry, F5 Networks, J.P. Morgan, Juniper Networks and United Continental.
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In an energy sector that has struggled, the refiners have shined, and Cowen analysts are focused on six top stocks to buy.
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Cowen analysts are keeping a positive view on the refining sector due to solid underlying earnings potential and the developing theme of logistics growth.
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In a new research report, the team at Cowen submit that crude export regulations are largely unchanged and permits for condensate export do not constitute precedent.
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Analysts at Cowen say that, while second-quarter earnings estimates are coming down, they believe asset quality will be rewarded and see the crude pricing upside as setting up a buying opportunity.
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As the argument heats up on whether the United States should revoke its 40-year ban on crude oil exports, interest groups will be choosing sides and adding their voices to the discussion. Monday's...
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Source: ThinkstockIt was only a matter of time. In the wake of the 1973 OPEC oil embargo, the U.S. enacted a law in 1975 that prohibits (with minor exceptions) exporting U.S. crude oil. But as U.S....
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Source: courtesy BP plcU.S. crude oil refiners’ stocks are surging Friday following the release of the International Energy Agency’s (IEA) October Oil Market Report. U.S. refinery throughput in...
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Source: ThinkstockShould you chase short sellers, particularly in the energy business? That is what you have to ask yourself after a Credit Suisse report on the sector. Oil has remained above $100 a...
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Source: ThinkstockEach of the independent refiners to report second-quarter earnings so far have shown year-over-year declines, reflective of a sluggish demand environment, rapidly compressing crude...
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