PBF Energy Reports First Quarter 2020 Results

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Mizuho Securities Reiterates Buy Rating on PBF Energy (PBF) Following 1Q

May 18, 2020 6:58 AM EDT

Mizuho Securities analyst Paul Sankey reiterated a Buy rating and $20.00 price target on PBF Energy (NYSE: PBF) following the company's 1Q earnings report. PBF Energy reported 1Q20 EPS of $(1.19) vs consensus of $(1.09).

PBF expects near-term throughput to be in the 650k-750k b/d range,... More

PBF Energy (PBF) Reports Q1 Revenues Miss

May 15, 2020 6:34 AM EDT

PBF Energy (NYSE: PBF) reported Q1 revenue for the quarter came in at $5.26 billion versus the consensus estimate of $5.55 billion.

Tom Nimbley, PBF Energy's Chairman and CEO, said, "2020 has presented unexpected and unprecedented challenges and PBF has responded by taking several significant... More