PBF Energy A

PBF Energy’s stock climbed to an all-time high of $68.50; market capitalization is around $7.55 billion. Over the past year the stock rose 180.31%, and year-to-date it is up 137%. InvestingPro currently rates the stock as overvalued (P/E 16.75). In the second quarter PBF reported adjusted earnings of $6.22 per share on revenue of $11.68 billion, comfortably beating analysts’ expectations. » More on de.investing.com

PBF Energy’s stock climbed to a new yearly high of $61.09, up more than 120% year-to-date and roughly 144.5% over the past year. Market capitalization rose to $7.23 billion, while InvestingPro notes the stock may be trading above its fair value. PBF also issued $500 million of senior notes with a 7.25% coupon (maturing 2034). Analyst opinions vary: Mizuho raised its price target to $57 (Neutral), TD Cowen at Hold/$39, and Freedom Broker put a Hold/$42. » More on de.investing.com

Rising oil prices are lifting the energy sector, particularly the Oil & Gas Refining & Marketing industry. PBF Energy has gained about 53% over one month and is benefiting significantly from the comeback of the Martinez refinery, which was brought back into operation after a fire. The company operates six sites with a total capacity of roughly 1 million barrels of crude oil per day and is targeting a positive turnaround in 2026. » More on finanzen.net