PBMRF (PBMRF)

PBF Energy stock slipped 1.1% to US$72.28 even as the company reported one of the heaviest hitting refinery earnings results on the market this season. The headline is simple. Q2 delivered refinery level profits that put Basic EPS at US$7.66 and net income at US$906.4m, powered by strong crack ...

PBF Energy Inc. PBF reported second-quarter 2026 adjusted earnings of $6.22 per share, reversing the year-ago loss of $1.03. The bottom line beat the Zacks Consensus Estimate of $4.05 by 53.6%.Revenues surged 56.2% year over year to $11.68 billion and surpassed the consensus estimate of $8.11 ...

The downgrade reflects the view that the stock’s recent rally has priced in unusually strong conditions driven by temporary factors. In other recent news, PBF Energy reported impressive second-quarter earnings, significantly surpassing analyst expectations.

Adjusted earnings climbed 10% to CAD 415 million. The Calgary-based midstream company said it remains on track to meet its 2026 outlook, reaffirming adjusted EBITDA guidance of CAD 4.35 billion to CAD 4.55 billion and saying it is trending toward the midpoint. The stock was unchanged at $24.99, ...

Price target in focus: $80 per share — a round-number psychological milestone roughly 9% above PBF Energy's latest closing price near $73. Strongest bullish factors: A massive Q2 2026 earnings beat ($6.22 EPS vs. $4.15 estimated), the successful restart of the Martinez refinery, rapidly improving ..…