Pbf Energy Stock Intrinsic Value – Raymond James Financial Services Advisors Sells 7635 Shares of PBF Energy
June 18, 2023
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Raymond James Financial Services Advisors Inc. recently sold 7635 shares of PBF ($NYSE:PBF) Energy Inc., a company that is engaged in the refining and supply of petroleum products. PBF Energy Inc. has operations across the United States, as well as in Canada and the Caribbean. The company operates in three segments: Refining, Logistics, and Retail. Its Refining segment processes crude oil and other feedstocks into gasoline, diesel, heating oil, jet fuel, and other petroleum-based products.
Its Logistics segment involves pipelines, terminals, storage tanks, railcars, marine vessels, and trucks that are used to purchase, store, transport, and distribute its products. Its Retail segment operates company-operated retail service stations that offer fuel and convenience merchandise.
Market Price
The stock opened at $38.6 and closed at $38.5, down 1.8% from the prior closing price of $39.2. This sale comes amidst a decline in PBF Energy Inc.’s stock prices in the past few days, with investors likely waiting for news of potential shifts in the energy market to determine whether or not to buy in. This stock sale is likely an effort to take a conservative approach and minimize risk until more information is available. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Pbf Energy. More…
| Total Revenues | Net Income | Net Margin |
| 46.98k | 3.28k | 7.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Pbf Energy. More…
| Operations | Investing | Financing |
| 4.9k | -1.16k | -3.55k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Pbf Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.14k | 7.87k | 40.6 |
Key Ratios Snapshot
Some of the financial key ratios for Pbf Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 24.1% | 89.4% | 9.1% |
| FCF Margin | ROE | ROA |
| 8.8% | 53.0% | 20.3% |
Analysis – Pbf Energy Stock Intrinsic Value
At GoodWhale, we recently conducted an analysis of PBF ENERGY‘s wellbeing. Using our proprietary Valuation Line, we calculated the intrinsic value of its share to be around $30.8. Currently, PBF ENERGY stock is traded at $38.5, meaning that it is overvalued by 25.0%. More…
Peers
PBF Energy Inc is an American holding company that owns and operates oil refineries and is headquartered in Parsippany-Troy Hills, New Jersey. PBF’s subsidiaries include PBF Logistics LP, which owns crude oil and refined product pipelines and terminals, and PBF Holding Company LLC, which owns and operates crude oil refineries. As of December 31, 2019, PBF Energy Inc. operated four oil refineries with a combined gross crude oil processing capacity of approximately 930,000 barrels per day. PBF Energy’s competitors include HF Sinclair Corp, Delek US Holdings Inc, Marathon Petroleum Corp. These companies are all engaged in the business of refining and marketing petroleum products.
– HF Sinclair Corp ($NYSE:DINO)
Sinclair Broadcast Group, Inc. is one of the largest and most diversified television broadcasting companies in the United States. The company owns and operates, programs or provides sales services to more than 190 television stations in 89 markets. Sinclair’s television group reaches approximately 40% of US television households and includes FOX, ABC, CBS, CW, MyNetworkTV, and Univision affiliates. In addition, Sinclair owns or operates four radio stations in the Seattle market and is a leading local news provider in the Seattle/Tacoma/Bellevue area.
– Delek US Holdings Inc ($NYSE:DK)
Delek US Holdings Inc. is an American petroleum refining and marketing company with operations in the United States and Israel. It has a market cap of 2.07B as of 2022 and a Return on Equity of 34.19%. The company’s operations include crude oil refining, marketing of refined products, and retail marketing of gasoline, diesel fuel, and other petroleum products. Delek US Holdings Inc. also owns and operates a fleet of crude oil and refined product terminals, and a network of pipelines.
– Marathon Petroleum Corp ($NYSE:MPC)
Marathon Petroleum Corp is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011. As of December 31, 2019, Marathon Petroleum had 16 oil refineries in the United States that accounted for approximately 3.1 million barrels per day of crude oil processing capacity. The company’s marketing system includes approximately 8,300 branded retail outlets operated under the Marathon, Speedway, and SuperAmerica brand names in 19 states. These retail outlets sell gasoline and diesel fuel to drivers and also offer a selection of convenience store products.
Summary
PBF Energy Inc. (PBF) has recently seen a decrease in its share price, with Raymond James Financial Services Advisors Inc. selling 7635 shares. This is indicative of a bearish outlook for the company, as the investors are likely decreasing their exposure to the energy sector. Investors should consider the current market conditions, as well as PBF’s financial performance and outlook, before making any decisions.
Recent data suggests that PBF’s revenue and earnings have been falling over the past few quarters, and that its balance sheet is fairly leveraged, with long-term debt making up a significant portion of its total assets. Investors should also pay close attention to PBF’s plans for future capital expenditures, in order to assess the company’s ability to generate positive returns on investments going forward.
