OakChart

PBF Energy Inc

PBFEnergy·Oil & Gas Refining & Marketing·USA·Mid·NYSE·Nov 11 • 10:36 AM ET

69.31+3.40 (5.15%)
2026-11-11 16:36 CET
Market cap
7,996.53 USD m
Revenue, TTM
38,854.90 USD m
Net income, TTM
2,712.30 USD m
Free cash flow, TTM
2,682.70 USD m
EPS diluted, TTM
22.40
P/E
3.09
Compare

Price

PBF against its 20, 50 and 200-day averages
2050200beat
40.0060.0080.004.7M9.4MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26PBFclose 69.3120-day 75.9850-day 77.37200-day 55.1869.3152w high

25.0% under the 52-week high of 92.46 on 14 Oct 2026. 52-week low 25.62 on 18 Dec 2025. Last 15 sessions, 26.9% high to low

Profile

PBF
52-week range, 65% of the way up
25.6292.46

PBF Energy, Inc. engages in the operation of a petroleum refinery and supplies unbranded transportation fuels, heating oil, petrochemical feed stocks, lubricants, and other petroleum products in the United States. It operates through the Refining and Logistics segments. The Refining segment is involved in refining crude oil and other feed stocks into petroleum products. The Logistics segment includes owning, leasing, operation, development, and acquisition of crude oil and refined petroleum products terminals, pipelines, storage facilities, and logistics assets. The company was founded on March 1, 2008 and is headquartered in Parsippany, NJ.

IndexRUT
Employees3678
IPODec 13, 2012
Beta0.14
ATR, 14d4.74
Rel volume0.58
Short float10.57%
Insider own13.51%
Inst own87.86%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap8.41B
Enterprise Value8.72B
Income2.71B
Sales38.85B
Book/sh65.58
Cash/sh20.97
Dividend Est.1.14 (1.64%)
Dividend TTM1.10 (1.59%)
Dividend Ex-DateNov 12, 2026
Dividend Gr. 3/5Y76.52% 29.67%
Payout-
Employees3678
IPODec 13, 2012

Ratios

P/E3.09
Forward P/E3.44
PEG-
P/S0.22
P/B1.06
P/C3.30
P/FCF3.13
EV/EBITDA2.24
EV/Sales0.22
Quick Ratio0.96
Current Ratio1.59
Debt/Eq0.34
LT Debt/Eq0.32
Option/ShortYes / Yes

Earnings

EPS (ttm)22.40
EPS next Y20.14
EPS next Q8.82
EPS this Y746.25%
EPS next Y-24.55%
EPS next 5Y-
EPS past 3/5Y- 34.60%
Sales past 3/5Y-14.44% 14.18%
EPS Y/Y TTM590.01%
Sales Y/Y TTM31.51%
EPS Q/Q763.70%
Sales Q/Q58.58%
EarningsOct 29 BMO
EPS/Sales Surpr.14.98% 14.50%

Ownership

Insider Own13.51%
Insider Trans-30.49%
Inst Own87.86%
Inst Trans1.03%
ROA17.92%
ROE41.13%
ROIC25.90%
Gross Margin9.59%
Oper. Margin8.37%
Profit Margin6.98%
SMA20-8.79%
SMA50-10.42%
SMA20025.59%
Trades-

Technical

Shs Outstand121.33M
Shs Float104.93M
Short Float10.57%
Short Ratio3.54
Short Interest11.09M
52W High92.46 -25.04%
52W Low25.62 170.52%
Volatility6.78% 6.28%
ATR (14)4.74
RSI (14)42.28
Beta0.14
Rel Volume0.58
Avg Volume3.14M
Volume383,325

Performance

Perf Week-4.56%
Perf Month-23.98%
Perf Quarter-6.80%
Perf Half Y69.33%
Perf YTD155.56%
Perf Year72.23%
Perf 3Y58.13%
Perf 5Y364.53%
Perf 10Y175.68%
Recom3.35
Target Price82.79
Prev Close65.91
Price69.31
Change %5.15%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Jul 17, 2026InitiatedEEvercore ISIIn-line$58-16.3%
Jun 29, 2026UpgradeTTD CowenSell → Hold$39-43.7%
Apr 10, 2026ResumedGGoldmanNeutral$49-29.3%
Jan 08, 2026UpgradePPiper SandlerUnderweight → Overweight$40-42.3%
Dec 12, 2025UpgradeMMizuhoUnderperform → Neutral$38-45.2%
Dec 08, 2025DowngradeWWolfe ResearchPeer Perform → Underperform$23-66.8%
Oct 31, 2025ReiteratedTTD CowenSell$22 → $25-63.9%
Oct 03, 2025DowngradeMMorgan StanleyEqual-Weight → Underweight$27-61.0%
Sep 15, 2025DowngradeTTudor, Pickering, Holt & Co.Hold → Sell$24-65.4%
May 13, 2025UpgradeUUBSNeutral → Buy$26-62.5%

Peers

Mkt cap
TickerCompanyMkt cap
DINOHF Sinclair Corp17.40B
CVICVR Energy Inc4.04B
DKDelek US Holdings Inc4.02B
MPCMarathon Petroleum Corp108.47B
VLOValero Energy Corp100.84B
PARRPar Pacific Holdings Inc3.50B
PSXPhillips 66100.07B
SUNSunoco LP13.32B
CLMTCalumet Inc3.25B
XOMExxonMobil Holdings Corp679.44B

Insider trading

latest 14 of 100
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Davis Karen BerrimanDirectorNov 03 '26Sale77.587,361571,10372,627Nov 04 04:08 PM
Davis Karen BerrimanDirectorNov 02 '26Sale77.184,756367,06879,988Nov 04 04:08 PM
Andriola Steven JohnController & CAONov 02 '26Sale76.692,522193,41216,659Nov 03 04:40 PM
Karen B. DavisDirectorNov 02 '26Proposed Sale77.1817,3501,339,073Nov 02 05:04 PM
Andriola Steven JohnOfficerNov 02 '26Proposed Sale76.692,522193,412Nov 02 10:58 AM
Control Empresarial de CapitalAdd'l Rep. Persons-see Ex.99-1Oct 08 '26Sale88.03170,00014,965,43413,326,127Oct 13 04:47 PM
Control Empresarial de CapitalAdd'l Rep. Persons-see Ex.99-1Oct 05 '26Sale84.13120,00010,095,09613,496,127Oct 07 04:14 PM
Control Empresarial de CapitalAdd'l Rep. Persons-see Ex.99-1Oct 01 '26Sale82.00100,0008,200,00013,616,127Oct 05 06:31 PM
Control Empresarial de CapitalAdd'l Rep. Persons-see Ex.99-1Sep 11 '26Sale80.60150,00012,089,97013,716,127Sep 15 04:31 PM
Control Empresarial de CapitalAdd'l Rep. Persons-see Ex.99-1Sep 10 '26Sale77.78315,77624,560,98413,866,127Sep 11 07:13 PM
Control Empresarial de CapitalAdd'l Rep. Persons-see Ex.99-1Sep 09 '26Sale77.233,494269,83114,181,903Sep 11 07:13 PM
Control Empresarial de CapitalAdd'l Rep. Persons-see Ex.99-1Sep 02 '26Sale77.02100,0007,702,15114,185,397Sep 04 04:05 PM
Nimbley Thomas J.DirectorAug 18 '26Option Exercise6.72125,000840,000918,737Aug 19 05:10 PM
Nimbley Thomas J.DirectorAug 19 '26Option Exercise6.72116,008779,574909,745Aug 19 05:10 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 124.48B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
IWMiShares Russell 2000 Index FundAUM: 77.38B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
DFSVUS Small Cap Value Portfolio ETF Class Shares-
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
XOPState Street SPDR S&P Oil & Gas Exploration & Production ETFAUM: 3.96B
VXFVanguard Extended Market Index ETFAUM: 30.47B
XMMOInvesco S&P MidCap Momentum ETFAUM: 6.37B
DFATU.S. Targeted Value Portfolio-ETF Class Shares-

News

latest 14 of 206
  • PBF Energy Beats As Windfall Cracks Turn Into Net Cash And An 18% Dividend Hike, But The Stock Has Already Retreated From Its Highs (Earnings Whispers)
  • PBF Energy: Q3 Earnings Snapshot (Associated Press)
  • PBF Energy Announces Third Quarter 2026 Results, Declares Dividend of $0.325 per Share (PR Newswire)
  • PBF Energy Must Prove Its Martinez-Fueled Profit Surge Can Nearly Double Again (Earnings Whispers)
  • What Did Valero Stock Investors Miss Before The Run? (Trefis)
  • Loading…
  • Insiders Are Selling Refiners and Skipping Banks. What Should Investors Do? (BeInCrypto)
  • 3 Buy-Rated Stocks Eclipsing All-Time Highs (Zacks)
  • PBF Energy to Release Third Quarter 2026 Earnings Results (PR Newswire)
  • These Energy Stocks Just Delivered Massive September Gains (GuruFocus.com)
  • West Coast Refinery Closures Put Nevada's Fuel Supply Under Pressure (PR Newswire)
  • White House calls report of 90-day diesel exports ban "fake news" (Investing.com)
  • PBF Energy Announces Pricing of $500 Million of 0% Exchangeable Notes due 2032 (PR Newswire) -10.09% +6.14%
  • PBF Energy Announces Intention to Offer $500 Million of Exchangeable Notes due 2032 (PR Newswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-2912.78011.11512.54012,13310,59615
2026Q22026-07-306.2204.1497.54111,6789,60614
2026Q12026-04-30-0.880-0.8011.6557,9047,32413
2025Q42026-02-120.490-0.0950.6627,1407,10914
2025Q32025-10-30-0.520-0.7531.4527,6517,50614
2025Q22025-07-31-1.030-1.256-0.0467,4756,96914
2025Q12025-05-01-3.090-3.297-3.5337,0666,65215
2024Q42025-02-13-2.820-2.809-2.5367,3517,41815
2024Q32024-10-31-1.500-1.408-2.4878,3828,27015
2024Q22024-08-01-0.540-0.161-0.5588,7368,63812
2024Q12024-05-020.8500.6930.8618,6468,32714
2023Q42024-02-15-0.4100.200-0.4039,1398,85213
2023Q32023-11-026.6104.8496.10710,73410,05814
2023Q22023-08-032.2902.1957.8789,1588,93414
2023Q12023-05-052.7602.5972.8609,2958,39114
2022Q42023-02-164.4104.9124.82810,8469,59813

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY0.9000.8092.64424,50824,298
2020FY-11.780-10.826-11.64415,11614,891
2021FY-2.500-3.0251.89827,25326,264
2022FY23.36023.93622.84046,83045,724
2023FY11.32011.85816.51838,32538,026
2024FY-3.890-3.913-4.59733,11533,198
2025FY-4.130-4.690-1.39029,33229,354
2026FY-26.690--42,547
2027FY-20.138--38,248
2028FY-7.069--35,735
2029FY-7.510---
2030FY-4.180--32,084

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-0498011,0417,50013,929
2026Q4S2026-11-0298011,0087,50013,929
2026Q4S2026-10-3098010,9477,50013,929
2026Q4S2026-10-2997010,4397,50013,929
2026Q4S2026-10-2097010,1967,50013,612
2026Q4S2026-10-1697010,1457,50013,612
2026Q4S2026-10-1497010,0087,50013,612
2026Q4S2026-10-139709,9817,50013,371
2026Q4S2026-10-089809,9817,50013,371
2026Q4S2026-10-079809,8657,50013,371
2026Q4S2026-10-069809,7767,50013,371
2026Q4S2026-10-019809,3557,50013,371
2026Q4S2026-09-309709,3367,50013,371
2026Q4S2026-09-119708,8117,50011,233

Estimate history

EPS, annual3.7281.1032.644-11.6441.89822.8416.518-4.597-1.39322.4
Period201720182019202020212022202320242025TTM
EPS, quarterly-2.487-2.536-3.533-0.0461.4520.6621.6557.54112.543
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual21786.63727186.09324508.215115.927253.446830.338324.833115.329332.338854.9
Period201720182019202020212022202320242025TTM
Sales, quarterly8382.37351.37066.47475.37651.17139.57904.311678.312132.8
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual110.566119.874119.805120.102120.32129.639120.441115.312116.937121.325
Period201720182019202020212022202320242025MRQ
Shares, quarterly115.123115.312115.657115.762115.852116.937118.297118.516121.325
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue38,854.9029,332.3033,115.3038,324.8046,830.3027,253.4015,115.9024,508.2027,186.09
Cost of Goods Sold Incl. D&A35,128.8029,918.4033,513.0035,975.8042,127.7026,296.1016,801.3023,642.4026,418.03
Gross Profit3,726.10-586.10-397.702,349.004,702.60957.30-1,685.40865.80768.06
Selling, General and Administrative Excl. Other473.20332.30260.40362.50468.70247.30236.00272.40274.06
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income3,252.90-918.40-658.101,986.504,233.90710.00-1,921.40593.40494.00
Interest Expense264.50205.90123.2063.80246.00317.50258.20159.60169.91
Unusual Expense-442.60-833.20-6.90-1,004.40147.9027.407.20-16.00173.39
Net Income Before Taxes3,622.50-234.60-768.602,885.803,557.60327.60-1,331.20479.50208.80
Income Taxes884.90-74.10-228.40723.80584.8012.102.10104.3033.51
Consolidated Net Income2,737.50-160.60-540.102,162.002,972.80315.50-1,333.40374.70174.54
Net Income From Continuing Operations2,712.30-158.60-533.702,140.502,876.80231.00-1,392.50318.90127.57
Net Income2,712.30-158.60-533.902,140.502,876.80231.00-1,392.50318.90127.57
EPS (Recurring)19.67-6.47-4.6411.1323.662.05-11.602.552.13
EPS (Basic, Before Extraordinaries)22.75-1.39-4.5917.1323.471.92-11.642.661.11
EPS (Diluted)22.40-1.39-4.6016.5222.841.90-11.642.641.10
EBITDA3,894.60-273.70-30.302,558.004,745.001,176.80-1,358.401,029.50863.76
Non-Operating Income (Expense)95.5056.505.80-41.30-282.40-37.50855.6029.7058.10
Other After Tax Adjustments-0.10-0.100.100.000.000.00-0.10-0.50-0.75
Stock Option Compensation Expense26.8630.8127.8140.6942.9025.9924.9727.235.89
Price To Earnings Ratio2.942.94-2.032.126.86-11.9027.98
Price To Sales Ratio0.240.110.090.150.110.060.060.160.14
Gross Margin9.59-2.00-1.206.1310.043.51-11.153.532.83
Operating Margin8.37-3.13-1.995.189.042.61-12.712.421.82
Net Margin6.98-0.54-1.615.596.140.85-9.211.300.47
Shares Outstanding121.33116.94115.31120.44129.64120.32120.10119.80119.87
Market Capitalization7,996.537,996.533,056.525,371.965,687.671,559.59852.913,759.513,916.81

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue12,132.8011,678.307,904.307,139.507,651.107,475.307,066.407,351.30
Cost of Goods Sold Incl. D&A9,881.2010,545.907,420.807,280.907,617.707,545.507,488.907,663.20
Gross Profit2,251.601,132.40483.50-141.4033.40-70.20-422.50-311.90
Selling, General and Administrative Excl. Other127.40148.6089.60107.6074.0080.3070.4066.80
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income2,124.20983.80393.90-249.00-40.60-150.50-492.90-378.70
Interest Expense43.8042.0042.1040.6050.3053.8036.9030.50
Unusual Expense113.00-258.60102.30-399.30-252.20-197.601.300.00
Net Income Before Taxes2,047.101,229.20258.5087.70236.00-10.50-547.80-405.30
Income Taxes503.80314.2058.308.6064.30-5.10-141.90-112.70
Consolidated Net Income1,543.30915.00200.2079.00171.70-5.40-405.90-292.50
Net Income From Continuing Operations1,529.30906.40198.3078.30170.10-5.20-401.80-289.20
Net Income1,529.30906.40198.3078.30170.10-5.20-401.80-289.20
EPS (Recurring)13.195.992.25-1.68-0.04-1.25-3.52-2.54
EPS (Basic, Before Extraordinaries)12.737.661.690.671.47-0.05-3.53-2.53
EPS (Diluted)12.547.541.660.661.45-0.05-3.53-2.54
EBITDA2,294.801,146.90552.70-99.80122.1011.00-321.60-215.40
Non-Operating Income (Expense)79.7028.809.00-22.0074.70-3.80-16.703.90
Other After Tax Adjustments0.000.000.00-0.100.000.000.000.10
Stock Option Compensation Expense6.167.905.537.275.216.646.9512.17
Price To Earnings Ratio2.9412.23------
Price To Sales Ratio0.240.160.190.110.120.080.070.09
Gross Margin18.569.706.12-1.980.44-0.94-5.98-4.24
Operating Margin17.518.424.98-3.49-0.53-2.01-6.98-5.15
Net Margin12.607.762.511.102.22-0.07-5.69-3.93
Shares Outstanding121.33118.52118.30116.94115.85115.76115.66115.31
Market Capitalization7,996.535,385.385,568.063,141.773,490.642,506.072,207.723,056.52

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments527.90536.101,783.502,203.601,341.501,609.50814.90597.29573.02
Short Term Receivables1,166.701,165.001,362.501,456.301,277.60512.90835.00718.21952.55
Inventories2,563.102,595.303,183.102,763.602,505.101,686.202,122.201,865.832,213.80
Other Current Assets194.10247.50267.50122.8075.0058.8051.6055.6163.59
Total Current Assets4,451.804,543.906,596.606,546.305,199.203,867.403,823.703,236.933,802.96
Net Property, Plant & Equipment6,277.505,913.005,767.206,040.105,619.305,760.204,353.803,820.893,479.21
Total Investments and Advances826.30866.80881.000.000.000.000.000.000.00
Intangible Assets-226.60216.40236.20203.80192.70176.50169.42151.04
Deferred Tax Assets1,134.30922.90644.80785.301,050.30-0.0048.5053.64
Other Assets1,464.301,152.90926.60726.50619.10679.50778.40729.67631.14
Total Assets14,154.2013,626.1015,032.6014,334.4012,691.7010,499.809,132.408,005.418,117.99
Short Term Debt Incl. Current Port. of LT Debt196.60199.00143.40596.4076.00100.2078.602.3816.61
Accounts Payable801.20735.60959.00854.60911.70407.00601.40488.43578.55
Income Tax Payable--0.0016.50-----
Other Current Liabilities2,671.502,691.503,114.903,733.202,772.001,944.301,829.201,643.701,823.79
Total Current Liabilities3,669.303,626.104,217.305,200.703,759.702,451.502,509.202,134.512,418.95
Long Term Debt2,717.102,114.901,900.802,045.504,936.805,477.902,316.401,931.322,175.04
Provision for Risks Charges38.6039.00141.20290.00207.30237.40213.10231.53225.51
Deferred Tax Liabilities1,897.901,758.901,718.101,320.701,161.7099.6096.9040.3733.16
Other Liabilities381.40408.60423.90421.5093.4031.10411.30419.21362.39
Total Liabilities8,704.307,947.508,401.309,278.4010,158.908,297.505,546.904,756.945,215.04
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity5,319.505,544.206,488.304,929.201,926.201,642.803,039.602,676.472,336.65
Total Shareholders Equity5,319.505,544.206,488.304,929.201,926.201,642.803,039.602,676.472,336.65
Accumulated Minority Interest130.40134.40143.00126.80606.60559.50545.90572.01566.29
Total Equity5,449.905,678.606,631.305,056.002,532.802,202.303,585.503,248.482,902.95
Total Liabilities & Stockholders Equity14,154.2013,626.1015,032.6014,334.4012,691.7010,499.809,132.408,005.418,117.99
Book Value Per Share45.4948.0853.8738.0216.0113.6825.3722.3321.13
Tangible Book Value Per Share45.4946.1152.0736.2014.3212.0723.9020.9119.77
Full-Time Employees3,6783,8553,7763,6163,4183,7293,4423,2663,165
Price to Book Ratio1.010.520.801.180.810.521.241.461.84
Return on Assets-1.14-3.7214.5821.291.99-14.193.721.585.27
Return on Equity-2.92-8.8737.5083.9312.94-59.4811.165.0919.01
Return on Invested Capital-1.97-6.9725.5241.253.37-19.565.952.779.19
Quick Ratio0.510.540.810.730.720.890.680.640.66
Current Ratio1.211.251.561.261.381.581.521.521.57

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income2,737.60-160.50-540.202,162.002,972.80315.50-1,333.30375.20175.29
Depreciation660.30662.80643.00591.60533.90483.80581.10447.50378.60
Other Funds (Non Cash)-257.40-95.30150.80-786.60571.90-602.30-469.00-168.50324.92
Funds from Operations3,548.30329.1014.402,504.004,498.80208.70-1,219.60757.90911.55
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital65.40-404.2030.40-1,127.20341.00268.60585.90170.80-78.95
Cash from Operating Activities3,613.70-75.1044.801,376.804,839.80477.30-633.70928.70832.60
Capital Expenditures-994.70-782.30-431.60-700.10-699.30-278.00-205.30-449.60-334.51
Net Assets From Acquisitions0.000.000.000.000.000.00-1,176.200.00-133.34
Sale of Fixed Assets and Businesses0.00170.300.004.400.007.20543.1036.3048.29
Purchase or Sale of Investments-0.30-21.60-33.20830.600.000.000.000.000.00
Purchase of Investments-25.00-25.00-35.00-15.400.000.000.000.000.00
Sale Or Maturity of Investments24.703.401.80846.000.000.000.000.000.00
Other Uses-388.10-379.50-576.70-473.50-311.60-117.70-188.10-299.30-266.03
Other Sources654.50532.900.000.000.000.000.000.00-
Cash from Investing Activities-728.60-480.20-1,041.50-338.60-1,010.90-388.50-1,026.50-712.60-685.60
Cash Dividends Paid-128.00-125.60-119.00-105.80-24.700.00-35.90-143.50-138.90
Change in Capital Stock0.000.00-329.10-532.50-156.400.00-1.60127.60327.85
Repurchase of Common Pref Stock0.000.00-329.10-532.50-156.400.00-1.60-4.90-8.21
Sale of Common Pref Stock0.000.000.000.000.000.000.00132.50336.07
Proceedsfrom Stock Options0.000.000.000.000.000.000.00132.50322.10
Issuance or Reduction of Debt, Net-662.00677.30187.80-711.80-2,400.80-303.702,530.50120.00-245.24
Change in Long Term Debt-662.00677.30187.80-711.80-2,400.80-303.702,530.50120.00-245.24
Issuance of Long Term Debt2,300.004,013.50200.00496.60400.000.003,800.601,578.00170.00
Reduction of Long Term Debt-2,962.00-3,336.20-12.20-1,208.40-2,800.80-303.70-1,270.10-1,458.00-415.24
Net Financing Active Other Cash Flow-32.80-4.609.60-108.20-384.90-53.10-38.20-102.60-66.45
Other Financing Activities Uses-207.70-120.20-113.60-121.20-387.00-53.10-90.10-104.20-66.45
Cash from Financing Activities-822.80547.10-250.70-1,458.30-2,966.80-356.802,454.801.50-122.73
Net Change in Cash2,062.30-8.20-1,247.40-420.10862.10-268.00794.60217.6024.27
Free Cash Flow2,682.70-780.30-346.10717.204,206.50228.20-829.90523.80515.14
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow3.70--9.381.246.97-10.0510.31
Deferred Taxes & Investment Tax Credit--77.90-239.20537.00420.2011.701.60103.7032.74

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments2,544.30894.10541.80527.90482.00590.70
Short Term Receivables2,070.801,839.201,936.901,166.701,376.801,125.10
Inventories3,215.102,893.903,078.202,563.102,742.602,769.90
Other Current Assets201.00205.20274.40194.10209.50280.10
Total Current Assets8,031.205,832.405,831.304,451.804,810.904,765.80
Net Property, Plant & Equipment6,741.706,505.606,505.406,277.505,965.905,947.60
Total Investments and Advances896.90859.60833.40826.30823.30843.90
Deferred Tax Assets---1,134.30--
Other Assets1,564.201,521.101,548.501,464.301,440.801,423.10
Total Assets17,234.0014,718.7014,718.6014,154.2013,040.9012,980.40
Short Term Debt Incl. Current Port. of LT Debt196.70187.90211.40196.60185.30200.50
Accounts Payable750.90788.60862.40801.20822.10928.00
Income Tax Payable361.20-----
Other Current Liabilities3,731.803,407.603,362.802,671.502,489.402,503.10
Total Current Liabilities5,040.604,384.104,436.603,669.303,496.803,631.60
Long Term Debt2,514.302,327.103,390.202,717.102,988.103,002.20
Provision for Risks Charges108.70108.60108.6038.60109.80110.00
Deferred Tax Liabilities1,157.801,040.50821.501,897.90752.00688.20
Other Liabilities308.80313.00309.00381.40329.50332.10
Total Liabilities9,130.208,173.309,065.908,704.307,676.207,764.10
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity7,956.006,407.005,520.605,319.505,233.705,086.60
Total Shareholders Equity7,956.006,407.005,520.605,319.505,233.705,086.60
Accumulated Minority Interest147.80138.40132.10130.40131.00129.70
Total Equity8,103.806,545.405,652.705,449.905,364.705,216.30
Total Liabilities & Stockholders Equity17,234.0014,718.7014,718.6014,154.2013,040.9012,980.40
Book Value Per Share65.5854.0646.6745.4945.1843.94
Tangible Book Value Per Share65.5854.0646.6745.4945.1843.94
Full-Time Employees---3,678--
Price to Book Ratio1.010.981.050.600.690.49
Return on Assets17.929.773.18-1.14-4.02-7.26
Return on Equity41.1323.558.30-2.92-9.47-17.30
Return on Invested Capital14.6110.382.230.972.07-0.06
Quick Ratio0.960.670.620.510.590.55
Current Ratio1.591.331.311.211.381.31

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income1,543.30915.00200.2079.10171.70-5.40
Depreciation175.10167.80163.50153.90167.40166.30
Other Funds (Non Cash)45.70-138.10-377.80212.80-301.10-43.80
Funds from Operations1,888.901,163.7043.80451.90101.80111.70
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital55.70428.70-339.70-79.30-74.5079.40
Cash from Operating Activities1,944.601,592.40-295.90372.6027.30191.10
Capital Expenditures-168.60-138.80-372.60-314.70-160.70-181.30
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.00170.300.00
Purchase or Sale of Investments21.301.301.20-24.100.800.90
Purchase of Investments0.000.000.00-25.000.000.00
Sale Or Maturity of Investments21.301.301.200.900.800.90
Other Uses-62.80-105.50-136.90-82.90-98.50-105.40
Other Sources8.40138.70106.50400.900.00132.00
Cash from Investing Activities-201.70-104.30-401.80-20.80-88.10-153.80
Cash Dividends Paid-32.70-32.00-31.70-31.60-31.40-31.30
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.000.000.000.000.000.00
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-1.60-1,054.60647.00-252.80-2.70147.30
Change in Long Term Debt-1.60-1,054.60647.00-252.80-2.70147.30
Issuance of Long Term Debt550.00700.00900.00150.00725.001,200.00
Reduction of Long Term Debt-551.60-1,754.60-253.00-402.80-727.70-1,052.70
Net Financing Active Other Cash Flow-58.40-49.2096.30-21.50-13.80-31.20
Other Financing Activities Uses-75.30-49.20-45.50-37.70-12.50-31.20
Cash from Financing Activities-92.70-1,135.80711.60-305.90-47.9084.80
Net Change in Cash1,650.20352.3013.9045.90-108.70122.10
Free Cash Flow1,779.701,465.30-645.3083.00-121.2035.00
Price to Free Cash Flow3.708.41----

Revenue breakdown

Asphalt and Residual Oil2024: 1.94B 2025: 1.26B
Chemicals2024: 662.80M 2025: 539.00M
Consolidation, Policy2024: 37.40M 2025: 34.60M
Feedstocks and Other2024: 1.45B 2025: 1.35B
Gasoline And Distillate2024: 28.65B 2025: 25.81B
Lubricants2024: 373.90M 2025: 330.30M
United States2024: 33.12B 2025: 29.33B
Consolidation, Policy2024: -349.40M 2025: -348.90M
Prior to elimination2024: 33.46B 2025: 29.68B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3010.57%11.1M104.9M3.24M
2026-10-1510.95%11.2M102.5M3.32M
2026-09-3011.59%11.8M102.1M3.32M
2026-09-1511.06%11.3M102.1M3.18M
2026-08-3111.27%11.5M101.7M2.89M
2026-08-1410.89%11.1M101.5M2.93M
2026-07-3111.00%11.0M100.3M2.92M
2026-07-1512.60%12.6M99.9M2.96M
2026-06-3014.40%14.2M98.8M3.02M
2026-06-1514.17%13.8M97.4M3.21M
2026-05-2913.92%13.5M97.3M3.69M
2026-05-1513.48%13.1M97.0M3.68M
2026-04-3011.74%11.4M96.9M3.67M
2026-04-1514.04%12.2M86.6M3.57M
2026-03-3114.96%12.9M86.2M3.85M
2026-03-1317.74%15.3M86.2M3.52M
2026-02-2725.40%21.9M86.2M3.10M
2026-02-1321.94%18.9M86.0M3.06M
2026-01-3022.98%19.2M83.6M3.02M
2026-01-1524.00%19.9M82.8M2.99M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call35.0031.7035.400.003.2530.000.000.993-0.0220.002
call40.0026.8029.7030.702.0922.000.000.991-0.0220.002
call45.0021.8024.9038.901.8862.000.000.971-0.0620.007
call50.0016.8019.4020.170.89318.000.000.964-0.0590.009
call55.0011.9015.2032.631.30710.000.000.896-0.1400.020
call60.007.909.8010.350.75823.000.000.826-0.1700.028
call65.003.506.603.600.95667.000.000.701-0.1930.038
call67.502.704.602.500.95189.000.000.598-0.2480.042
call70.002.153.102.600.7763187.000.503-0.2160.044
call72.501.052.101.600.77027410.000.410-0.2180.042
call75.001.001.351.400.7891,0932.000.297-0.1740.038
call77.500.701.000.750.8172,6442.000.210-0.1430.031
call80.000.400.550.480.7764,0461.000.135-0.1020.024
call82.500.250.500.400.8652,1742.000.115-0.1010.021
call85.000.150.300.250.8563,14213.000.075-0.0740.016
call87.500.000.300.300.8852,0630.000.052-0.0570.012
call90.000.050.450.161.0333,3830.000.065-0.0790.014
call92.500.000.200.151.0311300.000.046-0.0600.010
call95.000.000.300.051.1051,7170.000.043-0.0610.010
call97.500.000.750.171.1772730.000.041-0.0620.010
call1000.000.600.051.2588802.000.039-0.0640.009
call1050.000.750.051.37811810.000.036-0.0660.009
call1100.000.150.101.4331,7160.000.027-0.0540.007
call1150.000.750.201.54567.000.000.025-0.0550.006
call1200.000.200.021.6501000.000.024-0.0560.006
call1250.000.751.141.7443.000.000.023-0.0570.006
call1300.000.750.051.84447.000.000.022-0.0580.006
put35.000.000.250.101.87315.000.00-0.007-0.0210.002
put40.000.000.050.052.4616920.00-0.056-0.1660.012
put45.000.000.300.091.5392911.00-0.028-0.0600.007
put50.000.000.150.141.2151720.00-0.035-0.0570.009
put55.000.150.650.381.2713600.00-0.104-0.1370.020
put60.000.401.201.001.0823540.00-0.174-0.1660.028
put65.001.702.002.000.90083431.00-0.299-0.1890.038
put67.502.303.902.781.1146,8771.00-0.401-0.2430.042
put70.003.704.804.651.0266132.00-0.497-0.2110.044
put72.505.007.608.011.3302910.00-0.590-0.2130.042
put75.007.408.609.501.1792980.00-0.702-0.1680.038
put77.508.7011.7012.351.5026,6270.00-0.788-0.1370.032
put80.0011.5012.9014.501.3292290.00-0.864-0.0960.024
put82.5013.8015.6016.801.50477.000.00-0.885-0.0960.021
put85.0016.3018.2020.011.6882390.00-0.924-0.0670.016
put87.5018.5021.1013.421.92729.000.00-0.930-0.0700.015
put90.0020.5023.7021.912.0761210.00-0.935-0.0720.014
put92.5022.8026.100.002.1630.000.00-0.954-0.0530.010
put95.0025.5028.6015.982.27341.000.00-0.956-0.0540.010
put97.5028.2031.000.002.3220.000.00-0.959-0.0550.010
put10030.8033.500.002.4480.000.00-0.961-0.0560.009
put10535.7038.500.002.6350.000.00-0.964-0.0570.009
put11040.7043.500.002.8090.000.00-0.973-0.0450.007
put11545.1048.6044.003.0030.000.00-0.974-0.0460.006
put12050.5053.500.003.1220.000.00-0.975-0.0460.006
put12555.7058.500.003.2340.000.00-0.977-0.0470.006
put13060.2063.500.003.3990.000.00-0.978-0.0470.006

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-044Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-308-KCurrent report2026-10-27SEC
2026-10-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-298-KCurrent report2026-10-29SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-294Statement of changes in beneficial ownership of securities2026-10-27SEC
2026-10-148-KCurrent report2026-10-14SEC
2026-10-134Statement of changes in beneficial ownership of securities2026-10-08SEC
2026-10-074Statement of changes in beneficial ownership of securities2026-10-05SEC
2026-10-05SCHEDULE 13G/ASEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-018-KCurrent report2026-09-30SEC
2026-09-178-KCurrent report2026-09-17SEC
2026-09-158-KCurrent report2026-09-14SEC
2026-09-154Statement of changes in beneficial ownership of securities2026-09-11SEC
2026-09-148-KCurrent report2026-09-14SEC
2026-09-114Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-044Statement of changes in beneficial ownership of securities2026-09-02SEC
2026-08-19144Filing for proposed sale of securities under Rule 144.SEC
2026-08-194Statement of changes in beneficial ownership of securities2026-08-17SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-11001.13M3
2026-100033.26M3
2026-090044.62M4
2026-0800194.86M21
2026-0700108.56M8
2026-060071.93M7
2026-050019.07M2
2026-040025.18M4
2026-0300402.04M29
2026-020093.27M15
2026-010018.66M7
2025-120067.54K1
2025-110015.47M6

Institutional holders

Manager% owned
BlackRock, Inc.11.25%
GOLDMAN SACHS GROUP INC5.18%
DIMENSIONAL FUND ADVISORS LP4.90%
STATE STREET CORP4.66%
VANGUARD PORTFOLIO MANAGEMENT LLC4.57%
TWO SIGMA INVESTMENTS, LP3.98%
VANGUARD CAPITAL MANAGEMENT LLC3.50%
AQR CAPITAL MANAGEMENT LLC3.09%
GEODE CAPITAL MANAGEMENT, LLC2.50%
T. Rowe Price Investment Management, Inc.2.39%

Funds

Fund% owned
VANGUARD TOTAL STOCK MARKET INDEX FUND2.54%
iShares Core S&P Mid-Cap ETF2.44%
iShares Russell 2000 ETF2.15%
VANGUARD SMALL-CAP INDEX FUND1.84%
State Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF1.57%
Fidelity Stock Selector Small Cap Fund1.24%
VANGUARD SMALL-CAP VALUE INDEX FUND1.16%
U.S. SMALL CAP VALUE PORTFOLIO1.09%
T. Rowe Price Small-Cap Value Fund, Inc.1.03%
Fidelity Small Cap Index Fund0.91%

OakChart. PBF. Cached 15 minutes.