PBF Energy Inc. (PEN)
Summary
PEN Chart
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PBF Energy Inc. Profile
| Capital Markets Industry | Financials Sector | Matthew C. Lucey CEO | XSTU Exchange | 69318G106 CUSIP |
| US Country | 3,855 Employees | 29 May 2026 Last Dividend | - Last Split | 13 Dec 2012 IPO Date |
Overview
PBF Energy Inc. operates as an integrated refinery and petroleum product supplier with a notable presence in various regions including the Northeast, Midwest, Gulf Coast, and West Coast of the United States. International operations extend to Canada, Mexico, and other global markets. Founded in 2008 and headquartered in Parsippany, New Jersey, PBF Energy Inc. stands as a pivotal player in the petroleum industry, navigating through the complexities of refining crude oil into a wide range of essential and commercial petroleum products. The company’s operations are distinctively segmented into Refining and Logistics, showcasing its comprehensive approach to refining processes and the efficient delivery of its products and services across diverse market channels.
Products and Services
- Gasoline: PBF Energy Inc. refines crude oil to produce gasoline, a primary fuel for vehicles, catering to the demand in various regions across the United States and abroad.
- Ultra-Low-Sulfur Diesel and Heating Oil: The company produces ultra-low-sulfur diesel, crucial for the transportation industry due to its lower environmental impact, and heating oil, a key product for residential and commercial heating solutions.
- Diesel Fuel, Jet Fuel, and Lubricants: PBF Energy not only caters to ground transportation needs with diesel fuel but also produces jet fuel for the aviation industry and lubricants that are essential for vehicle and machinery maintenance.
- Petrochemicals and Asphalt: Additionally, the company is involved in the production of petrochemicals used as raw materials in various industrial applications and asphalt for road construction and infrastructure projects.
- Unbranded Transportation Fuels, Petrochemical Feedstocks, and Blending Components: PBF Energy supplies unbranded transportation fuels, offering alternatives to branded fuels. It also provides petrochemical feedstocks, crucial for the petrochemical industry, and blending components used in the formulation of various types of fuels.
- Rail, Truck, and Marine Terminaling Services: Beyond its refining capacities, PBF Energy Inc. offers comprehensive terminaling services through rail, truck, and marine channels, ensuring the efficient and secure transportation of petroleum products.
- Pipeline Transportation and Storage Services: The company extends its logistic capabilities with pipeline transportation and storage services, demonstrating its versatility in handling petroleum products' logistics beyond conventional means.
