PBF Energy Inc. (PBF) Q3 2024 Earnings Call Transcript
PBF Energy (PBF) came out with a quarterly loss of $1.50 per share versus the Zacks Consensus Estimate of a loss of $1.40. This compares to earnings of $6.61 per share a year ago.
PBF Energy posted a bigger-than-expected third-quarter loss on Thursday as the U.S. refiner took a hit from weak fuel demand which shrunk refining margins.
Third quarter loss from operations of $386.3 million (excluding special items, third quarter loss from operations of $231.5 million) Announces 10% increase to quarterly dividend to $0.275 per share T
Declining crack spreads have the potential to widen the quarterly loss for PBF. I expect this to be the second consecutive quarter PBF operates at a loss. Negative earnings significantly alter the typ
PBF Energy (PBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
24/7 Wall St. Insights Summer gave way to autumn this past week, and notable insider buying continued.

Insiders Can't Get Enough of These 6 Stocks

09:15am, Sunday, 15'th Sep 2024
24/7 Wall St. Insights September may be a scary month for investors, but that hasn't stopped insiders from further boosting their stakes, some of them in energy companies.
24/7 Wall St. Insights Mexican billionaire Carlos Slim and other beneficial owners returned to boost stakes in energy companies and more.
Although U.S. stocks closed mixed on Thursday, there were a few notable insider trades.
PARSIPPANY, N.J. , Sept. 3, 2024 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the third quarter 2024 on Thursday, October 31, 2024.
PBF Energy is trading at a significant discount to its tangible book value, presenting a favorable investment opportunity in the refining sector. The company is nearly debt-free, with strong cash flow
Although U.S. stocks closed lower on Wednesday, there were a few notable insider trades.

Insider Buying in These 4 Energy Stocks Surges

09:15am, Sunday, 11'th Aug 2024
24/7 Wall St. Insights There were notable insider purchases in a handful of energy companies last week, as well as at a leading fintech firm and a casino operator.
PBF Energy (PBF) Q2 earnings get affected by lower throughput volumes and a fall in refining margins. Increased total costs and expenses also impact earnings.
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