PBF Energy Inc. (PBF) company profile
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
- Website
- pbfenergy.com
- 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
| Name | Position | Shares owned |
|---|---|---|
| Matthew C. Lucey | CEO & President, Director | 548,540 |
| Steven John Andriola | Controller & CAO | 16,659 |
| Trecia M. Canty | SVP and General Counsel | 196,926 |
| Tai Wendy Ho | Senior Vice President, HR | 134,583 |
| Joseph Daniel Marino | SVP, Chief Financial Officer | 58,284 |
| Paul T. Davis | Senior Vice President | 189,031 |
| James E. Fedena | Senior Vice President | 132,476 |
| Michael Bukowski | SVP, Head of Refining | 80,557 |
| Connor Thomas L. O | Senior Vice President | 196,375 |
| Karen Berriman Davis | Director | 72,627 |
| Thomas J. Nimbley | Director | 909,745 |
| Kimberly S. Lubel | Director | 52,134 |
| S. Eugene Edwards | Director | 65,406 |
| Lawrence Michael Ziemba | Director | 21,016 |
| Damian W. Wilmot | Director | 18,829 |
| Georganne Hodges | Director | 19,771 |
| Paul Joseph Donahue | Director | 25,319 |
| George E. Ogden | Director | 52,959 |
| Spencer Abraham | Director | 63,364 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer 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
| Executive | Salary | Bonus | Stock awards | Other | Total | vs. 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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