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PBF Energy Inc. (PBF) company profile

PBFNYSEPetroleum RefiningFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 18/3059% below fair value
$71.28+0.32 (+0.45%)

Close on Nov 13, 2026Market cap $8.65BP/E 3.2Yield –

About PBF Energy

Petroleum Refining, SIC 2911

PBF Energy Inc. operates as an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other refined petroleum items. The company conducts its operations across two distinct business segments: Refining and Logistics. Its Refining division focuses on processing crude oil and various feedstocks into fuels such as gasoline, ultra-low sulfur diesel, jet fuel, and asphalt, while its Logistics unit handles the receiving, storage, pipeline transit, and distribution of crude, refined oils, and intermediates. PBF Energy markets its refined output to a broad customer base, which includes major oil companies such as Shell plc, through short-term contracts, spot transactions, and dedicated offtake agreements.

The enterprise operates six domestic oil refineries with a combined processing throughput capacity of roughly 1,000,000 barrels per day, located in Delaware, New Jersey, Ohio, Louisiana, and California, alongside a 50% stake in a renewable diesel unit. Supporting its processing units, the company maintains extensive logistics infrastructure, including storage terminals and pipeline networks, and distributes petroleum products across the United States, Canada, and Mexico, with capabilities for international shipment. PBF Energy leases its primary corporate headquarters in Parsippany, New Jersey, and maintains regional corporate offices in Long Beach, California, and The Woodlands, Texas.

Summary of the business section of PBF Energy's latest annual report, written by StockData.

Company profile

Company

Legal name
PBF Energy Inc.
Founded
2008
Headquarters
Parsippany, NJ
Address
1 Sylvan Way 07054
Phone
(973) 455-7500
Employees
3,678, Dec 31, 2025
Industry
Petroleum Refining
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
KPMG LLP, Short Hills, New Jersey

Stock & identifiers

Ticker
PBF
Exchange
NYSE
IPO date
Dec 13, 2012
Shares outstanding
121M, Oct 23, 2026
Public float
$2.50B, Jun 30, 2025
Filer category
Large accelerated filer
SEC CIK
1534504
CUSIP
69318G106
ISIN
US69318G1067
FIGI
BBG002832GV8
Share class FIGI
BBG002832HM6
LEI
2549003PBEDCSZMZIY02
EIN
00-0000000

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Matthew C. LuceyCEO & President, Director548,540
Steven John AndriolaController & CAO16,659
Trecia M. CantySVP and General Counsel196,926
Tai Wendy HoSenior Vice President, HR134,583
Joseph Daniel MarinoSVP, Chief Financial Officer58,284
Paul T. DavisSenior Vice President189,031
James E. FedenaSenior Vice President132,476
Michael BukowskiSVP, Head of Refining80,557
Connor Thomas L. OSenior Vice President196,375
Karen Berriman DavisDirector72,627
Thomas J. NimbleyDirector909,745
Kimberly S. LubelDirector52,134
S. Eugene EdwardsDirector65,406
Lawrence Michael ZiembaDirector21,016
Damian W. WilmotDirector18,829
Georganne HodgesDirector19,771
Paul Joseph DonahueDirector25,319
George E. OgdenDirector52,959
Spencer AbrahamDirector63,364

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$7.89M$3.89M$2.93M$420$322
FY2024$8.84M$2.58M$4.00M$393$257
FY2023
Mr Lucey
$12.24M$13.86M$6.18M$634$282
FY2023
Mr Nimbley
$12.18M$16.16M$6.18M$634$282
FY2022$13.10M$37.97M$5.00M$577$231
FY2021$7.29M$12.42M$2.96M$183$134

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryBonusStock awardsOtherTotalvs. prior year
Matthew C. Lucey
President and Chief Executive Officer
$1.25M$312.50K$5.77M$557.52K$7.89M-11%
Joseph Marino
SVP-Chief Financial Officer
$406.25K$101.56K$2.49M$130.49K$3.13M–
T. Paul Davis
SVP-Supply, Trading and Optimization
$632.50K$158.13K$2.49M$341.70K$3.62M-3%
Trecia M. Canty
SVP-General Counsel
$632.50K$158.13K$2.49M$290.82K$3.55M-4%
Thomas O’Connor
Former SVP-Commodity Risk & Strategy
$632.50K$158.13K$2.49M$306.72K$3.58M-3%
Karen B. Davis
Former SVP- Chief Financial Officer
$495.00K––$255.02K$750.02K-81%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

IPO

From the final prospectus (Form 424B4) and the first day of trading

Offering

Type
Initial public offering
Final prospectus filed
Dec 13, 2012
Securities offered
20,500,000
Exchange
NYSE
First trading day
Dec 13, 2012
First-day close
$26.25
Lock-up ends (est.)
Jun 11, 2013

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had approximately 3,678 employees, of which 1,935 are covered by collective bargaining agreements.”

Corporate history

Events identified from SEC filings

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