About PBF Energy
PBF Energy operates six oil refineries across the United States, processing over 1,000,000 barrels of crude oil daily. The company specializes in refining various types of crude oil into products like gasoline, diesel, and jet fuel, utilizing sophisticated facilities with a high Nelson Complexity Index. PBF Energy distinguishes itself from competitors by maximizing the yield of high-value products and maintaining a strong logistics network for crude oil shipments. The company's goal is to optimize its refining operations and manage its financial health while serving a diverse client base.
None, New JerseyHeadquarters
2008Year Founded
IPOCompany Stage
Energy, Financial ServicesIndustries
1,001-5,000Employees
Benefits
Health Insurance
Risks
Increasing competition from renewable energy sources may impact PBF Energy's market share.
Volatility in crude oil prices can significantly affect PBF Energy's profit margins.
Stringent environmental regulations could lead to increased compliance costs for PBF Energy.
Differentiation
PBF Energy operates six strategically located refineries across the United States.
The company's refineries have a high Nelson Complexity Index of 12.8.
PBF Energy specializes in processing various types of crude oil, including sour and sweet.
Upsides
PBF Energy's joint venture in sustainable fuels aligns with growing renewable diesel demand.
Increased crude oil prices could improve PBF Energy's profit margins.
Digital transformation trends could enhance PBF Energy's operational efficiency.
Funding
Total raised$1
StageIPO
POST IPO EQUITY
8/31/2023$1