Why PBF Energy Stock Is Surging On Venezuela Catalyst
PBF Energy rose 14% due to upgrade to 'Overweight' with $40 target. Strategic advantage noted in boosting Venezuelan crude imports.
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PBF
PBF Energy Inc. · NYSE · Energy
Price$78.30+1.58% · +$1.22
Market cap9.28BEquity value
P / E-40.4Trailing ratio
Volume2.78MLatest session
Market data
TradingViewPBF price chart
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1 min delayedLatest PBF price-moving signals
Browse public PBF signals with their source context and measured market impact. Open any signal for its permanent analysis page.
U.S. Poised for Major Oil Investments in Post-Maduro Venezuela
U.S. forces captured Venezuelan President Nicolas Maduro. President Trump plans for U.S. oil companies to invest in Venezuela. No disruption in global oil markets is expected from these developments.
View signal analysisOver $40M Bet On PBF Energy? Check Out These 4 Stocks Executives Are Buying
PBF Energy’s 10% owner purchased 1.21 million shares at $33.25. The purchase signifies confidence in PBF's future prospects. PBF will announce Q3 2024 earnings on October 31.
View signal analysisAround $9M Bet On PBF Energy? Check Out These 3 Stocks Executives Are Buying
PBF's 10% owner acquired 267,000 shares at $32.93 each, totaling $8.8 million. PBF Energy reported upbeat quarterly sales on August 1, indicating positive performance. Insider purchases often signal confidence and potential growth in company prospects.
View signal analysisPBF Energy's (PBF) Q1 Earnings Beat on Higher Throughput
- PBF Energy reported Q1 earnings of 86 cents per share, beating estimates but lower YoY. - Total revenues declined to $8,646 million, beating estimates due to higher volumes and lower costs. - Operating income from Refining segment down to $170.6 million, lower margins impacted results. - PBF expects total throughput volumes of 870,000-930,000 barrels per day in Q2. - PBF has a Zacks Rank #2 (Buy), investors can also consider SM, EOG, and Valero. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Investment Analysis
View signal analysisPBF Energy (PBF) Q1 Earnings and Revenues Surpass Estimates
1. PBF Energy reported quarterly earnings of $0.86 per share, exceeding expectations. 2. Company's revenue totaled $8.65 billion, surpassing Zacks Consensus Estimate. 3. Investors should monitor management's commentary for future price movement indicators. 4. Zacks Rank is currently at #2 (Buy) for PBF Energy stock. 5. Par Petroleum is expected to report quarterly earnings of $0.75 per share. Price Impact Rating: bullish Impact Horizon Rating: short-term Type: Earnings
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