PBF Energy
PBFMarket price data through July 31, 2026.
Performance
Aug 2021 – Jul 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- 0%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$72
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- August 2026
- The month this stock first became a Benson pick.
- Tracking duration
- 0 months
- How long Benson has been tracking this pick.
About PBF Energy
PBF Energy runs oil refineries, the industrial plants that turn crude oil into gasoline, diesel and jet fuel. It makes money on the gap between what it pays for crude and what it sells the finished fuel for. That gap is currently the widest it has been in years.
The case for and against
Both sides of the story, in plain English.
- Printing Cash Now
Refining margins are running around 28 to 30 dollars a barrel, extraordinary levels by any historical measure. Operating costs have fallen to roughly 8 dollars a barrel following the restart of the Martinez refinery. The company is positioned to generate at least 1 billion dollars of free cash flow in a single quarter.
- Supply Squeeze
A five month conflict has closed the Strait of Hormuz, cutting both crude and refined fuel supplies to Asia. Asian refineries are running at reduced rates to conserve inventory, which leaves American refiners as some of the only ones operating at full speed. That imbalance is what is driving the profits.
- This Is A Peak
Refining is deeply cyclical and this looks like the top of the cycle. The last time margins spiked like this, during the Russia Ukraine conflict, the boom ended when new capacity came online and margins collapsed. Investors who bought after that peak lost between 50 and 75 percent.
- Weak Underneath
Revenue is down 11 percent year over year and net margins are under 4 percent, which shows how little the business earns once the unusual conditions fade. The company was burning cash through 2025 and the balance sheet took real damage before this run began.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-07-31. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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