
PBF Energy Inc., operating through its subsidiaries, primarily focuses on the refinement and distribution of various petroleum products. Its business is structured into two core segments: Refining and Logistics. The company's extensive product portfolio encompasses gasoline, ultra-low-sulfur diesel, heating oil, standard diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt. Additionally, it provides unbranded transportation fuels, essential petrochemical feedstocks, blending components, and other petroleum derivatives. PBF Energy distributes these products across the United States…

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.

PBF Energy (PBF) has reached record share prices, driven by unprecedented crack spreads and supply disruptions. I expect PBF to generate at least $1B in Q2 free cash flow, a dramatic turnaround from prior negative FCF. Despite the strong near-term performance, I recommend SELLING PBF, viewing it as a cyclical trade rather than a long-term investment.

SOXX dips into a bear market

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Crack spreads are the key profitability metric for refiners like PBF. Geopolitical tensions in the Strait of Hormuz are driving up spreads and benefiting PBF.