Pbf Energy Stock News

Flotilla Of 12 Tankers Carrying Russian Oil Are Approaching The US At a time when the mere thought of Russian vodka or caviar, let alone oil or gas, prompts uncontrollable shaking and revulsion, Reuters reports that no less than 12 tankers carrying Russia-linked cargoes of crude and refined products were approaching the United States on Wednesday, as suppliers rushed to deliver ahead of the U.S. government’s deadline to wind down Russian energy purchases, data from traders and Refinitiv Eikon showed. While the US recently banned Russian energy product imports due to the invasion of Ukraine, Washington’s ban gives importers a 45-day window until April 22 to discharge cargoes moving under pre-ban contracts. At least one tanker heading to the United States and carrying fuel oil has diverted, and at least two others that stopped at Russian terminals are awaiting discharge at U.S. ports. Despite the ban, Vortexa data analyzed by energy strategist Clay Seigle showed that U.S. crude and products arrivals from Russia are provisionally forecast at 18 million barrels, or 597,000 barrels per day (bpd) on average this month.

Refiners were hit particularly hard in a day that saw oil and gas related stocks post broad losses, as Valero Energy <> racked up the biggest loss of the entire S&P 500

OPEC's monthly oil report came out today, and it has a warning.

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. PBF Energy Inc. (NYSE: PBF ) traded today at a new 12-month high of $25.88. So far today approximately 632,000 shares have been exchanged, as compared to an average 30-day volume of 3.6 million shares. PBF Energy Inc. defies analysts with a current price ($25.23) 8.1% above its average consensus price target of $23.18. PBF Energy Inc. is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Ohio, Delaware, New Jersey, and Louisiana. Each of the company’s refining facilities specializes in the processing of either light, medium, or heavy crude oil. Depending on the location of the facility, crude can be received … Full story available on Benzinga.com

Gainers: Nine Energy Service (NINE) +59%. PolyMet Mining (PLM) +30%. Gevo (GEVO) +24%. PBF Energy (PBF) +21%. Fluence Energy (FLNC) +15%.Losers: Houston American Energy (HUSA) -32%

Upgrades According to Janney Montgomery Scott, the prior rating for Wintrust Financial Corp (NASDAQ: WTFC ) was changed from Neutral to Buy. Wintrust Finl earned $1.58 in the fourth quarter, compared to $1.63 in the year-ago quarter. The stock has a 52-week-high of $105.56 and a 52-week-low of $65.66. At the end of the last trading period, Wintrust Finl closed at $87.30. B of A Securities upgraded the previous rating for Delek US Holdings Inc (NYSE: DK ) from Underperform to Neutral. In the fourth quarter, Delek US Hldgs showed an EPS of $0.61, compared to $2.77 from the year-ago quarter. At the moment, the stock has a 52-week-high of $26.21 and a 52-week-low of $13.48. Delek US Hldgs closed at $18.00 at the end of the last trading period. B of A Securities upgraded the previous rating for PBF Energy Inc (NYSE: PBF ) from Neutral to Buy. For the fourth quarter, PBF Energy had an EPS of $1.28, compared to year-ago quarter EPS of $4.53. The current stock performance of PBF Energy shows a 52-week-high of $21.32 and a 52-week-low of $7.24.

Gainers Indonesia Energy Corporation Limited (NASDAQ: INDO ) shares jumped 101.8% to close at $40.77 on Friday after jumping 39% on Thursday. Mexco Energy Corporation (NYSE: MXC ) surged 84.5% to settle at $24.94 on continued momentum. Imperial Petroleum Inc. (NASDAQ: IMPP ) gained 53.6% to close at $3.38. VEON Ltd. (NASDAQ: VEON ) shares jumped 52.1% to close at $0.40 on Friday after dropping 41% on Thursday. Marine Petroleum Trust (NASDAQ: MARPS ) rose 35.3% to settle at $7.13 amid the Russia-Ukraine conflict, which has caused supply concerns. Origin Agritech Limited (NASDAQ: SEED ) gained 35.2% to close at $9.60. New Concept Energy, Inc. (NYSE: GBR ) surged 26.3% to settle at $3.80. Sweetgreen, Inc. (NYSE: SG ) jumped 25.4% to close at $26.78 after the company reported better-than-expected Q4 sales results and issued FY22 sales guidance above analyst estimates. Sidus Space, Inc. (NASDAQ: SIDU ) shares gained 22.1% to close at $5.48. Sidus Space reported a strategic partnership with Aitech Systems to support LizzeSat Constellation.

Gainers VEON Ltd. (NASDAQ: VEON ) rose 45.6% to $0.3830 after dropping 41% on Thursday. Indonesia Energy Corporation Limited (NASDAQ: INDO ) shares climbed 45.2% to $29.33 after jumping 39% on Thursday. Molecular Data Inc. (NASDAQ: MKD ) rose 22.8% to $0.2111 after declining around 6% on Thursday. Statera Biopharma, Inc. (NASDAQ: STAB ) climbed 20.6% to $0.8801. Statera Biopharma recently submitted Phase 1 clinical trial protocol to the FDA for investigational treatment of long-haul COVID-19. Sidus Space, Inc. (NASDAQ: SIDU ) shares climbed 18.7% to $5.33. Sidus Space reported a strategic partnership with Aitech Systems to support LizzeSat Constellation. Sweetgreen, Inc. (NYSE: SG ) gained 18.3% to $25.25 after the company reported better-than-expected Q4 sales results and issued FY22 sales guidance above analyst estimates. Tabula Rasa HealthCare, Inc. (NASDAQ: TRHC ) jumped 16.5% to $6.49. Tabula Rasa Healthcare recently reported better-than-expected Q4 sales results. Funko, Inc. (NASDAQ: FNKO ) rose 14.4% to $20.36 after the company reported better-than-expected Q4 adjusted EPS and sales results and issued FY22 adjusted EPS guidance above analyst estimates. agilon health, inc. (NYSE: AGL ) surged 11.6% to $21.47 after the company reported better-than-expected Q4 sales results and issued Q1 sales guidance above estimates.

PBF Energy Inc. found using ticker (PBF) now have 13 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 23 and 12 calculating the mean target price we have 17.42. With the stocks previous close at 18.45 this is indicating there is a potential downside of -5.6%. The 50 day moving average now sits at 15.48 and the 200 moving average now moves to 13.75. The market capitalisation for the company is $2,190m. Find out more information at: https://www.pbfenergy.com [stock_market_widget type="chart" template="basic" color="green" assets=PBF" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,067m based on the market concensus. PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products.

PBF earnings call for the period ending December 31, 2021.

US oil refiner PBF Energy (PBF) reported earnings before the bell, beating EPS estimates ($1.36 vs street $0.64) and flagging improved industry supply / demand fundamentals

PBF Energy Inc - Class A (PBF) shares closed today at 1.6% below its 52 week high of $20.15, giving the company a market cap of $2B. The stock is currently up 52.8% year-to-date, up 110.2% over the past 12 months, and down 7.0% over the past five years. This week, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 0.0%. Trading Activity Trading volume this week was 3.1% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.7. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Energy industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 176.4% The company's stock price performance over the past 12 months beats the peer average by 46.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

PBF Energy Inc. (PBF) CEO Tom Nimbley on Q4 2021 Results - Earnings Call Transcript

PBF Energy press release (PBF): Q4 Non-GAAP EPS of $1.28 beats by $0.64.Revenue of $8.24B (+125.1% Y/Y) beats by $1.09B.Outlook: "Our annual maintenance, environmental, regulator