Refining margins expected to hold through 2027 as global product restocking continues.
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PBF Energy (NYSE:PBF) reported second-quarter adjusted net income of $6.22 per share and adjusted EBITDA of $1.24 billion, as management pointed to strong refined-product markets, low inventories and global supply disruptions as key drivers of the quarter. Chief Executive Officer Matt Lucey said di
Moby summary of PBF Energy Inc.'s Q2 2026 earnings call
Refining margins expected to hold through 2027 as global product restocking continues.
PBF Energy slashes net debt by over $1.4 billion and expects elevated refining margins to persist into 2027, while navigating geopolitical risks and operational challenges.
PBF Energy (PBF) delivered earnings and revenue surprises of +53.58% and +37.19%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
📈 Follow our live markets data and coverage. Investors hear a lot about the price of oil, despite the fact that they don’t buy, sell or consume it directly. The process of turning crude into the products actually used to keep the modern world moving is almost an afterthought.
U.S. oil refinery stocks such as Valero Energy rose Wednesday after President Donald Trump said the Iran ceasefire is "over."
PBF Energy (NYSE:PBF) reported a first-quarter 2026 adjusted net loss of $0.88 per share and adjusted EBITDA of $68.7 million as the company worked through a delayed restart at its Martinez, California refinery and navigated sharp volatility tied to the conflict in the Middle East. Martinez restart
Moby summary of PBF Energy Inc.'s Q1 2026 earnings call
Within PBF, the spotlight is squarely on Martinez. This could not be coming at a better time for the West Coast and California markets. The events in the Middle East have caused the largest disruption ever in the oil markets and the effects are indeed dramatic and constructive for PBF.