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PBF Stock - PBF Energy Inc.


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PBF Profile

PBF Energy Inc. logo

PBF Energy Inc., along with its subsidiaries, is actively involved in the refining and distribution of petroleum products. The company operates through two distinct segments: Refining and Logistics. Within the Refining segment, PBF Energy manufactures a wide array of products including gasoline, ultra-low-sulfur diesel, heating oil, jet fuel, lubricants, petrochemicals, and asphalt. Additionally, it produces unbranded transportation fuels, petrochemical feedstocks, blending components, and various other petroleum derivatives.

Geographically, PBF Energy markets and sells its products across key regions in the United States such as the Northeast, Midwest, Gulf Coast, and West Coast. It also extends its distribution footprint into Canada and Mexico, ensuring a comprehensive reach across North America. Beyond refining operations, the company offers extensive logistical support through rail, truck, and marine terminaling services, complemented by pipeline transportation and storage solutions.

As of December 31, 2021, PBF Energy owns and operates a total of six oil refineries and associated assets, strategically positioned to optimize production and distribution efficiencies. Founded in 2008 and headquartered in Parsippany, New Jersey, the company continues to play a pivotal role in the energy sector, leveraging its integrated capabilities to meet the evolving demands of the petroleum industry.

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