PBF
PBF Energy, Inc.
September 15, 2026 · intraday
- Rarity
- 1.06
- Peak move
- +8.02%
- Float cap
- $5.8B
PBF Energy, Inc. is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products. It sells these products throughout the Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in Canada and Mexico and other international destinations. The company operates six domestic oil refineries and logistics assets that include terminals, pipelines, and storage facilities.
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What we found
10 events · 3 from SEC or newswire · 0 timed with the moveinsider_saleInsider Control Empresarial De Capital sold 315,776 PBF Energy shares at an average $77.78 for about $24.56 million on Sept 10 and 3,494 shares at $77.23 for about $269,842 on Sept 9, leaving it with about 13,866,127 shares, as disclosed in SEC filings.
- Key event
convertible_offeringPBF Energy subsidiaries PBF Holding and PBF Finance priced $500 million of 0% exchangeable senior notes due 2032, with an initial exchange price of about $96.80 per share, a $123.20 capped-call cap, and a $50 million purchaser option, to fund repayment of the 7.875% senior notes due 2030.
SEC8-K 0001193125-26-391405wireprnewswire.comWebinvestors.pbfenergy.comWebmorningstar.comWebadvfn.comWebmarketwatch.com acquisition_acquirerPBF Energy subsidiary PBF Energy Company LLC completed the $387 million acquisition of two hydrogen production units at its Torrance refinery from Air Products West Coast Hydrogen on September 9, 2026, paying $44.8 million cash at closing and recording about $342.2 million of promissory note debt, with the deal signed July 20.
debt_financingPBF Holding issued a conditional notice to redeem all $500 million of its 7.875% senior unsecured notes due 2030 at 103.938% of principal plus accrued interest on September 24, 2026, conditioned on completing at least $500 million in debt financings.
SEC8-K 0001193125-26-389847Webearningsfeed.comWebus.kabutan.jpWebebs.publicnow.comWebstock.mk.co.krWebdatatooza.com- Key event
convertible_offeringPBF Energy's subsidiaries PBF Holding and PBF Finance announced a private offering of $500 million in senior unsecured exchangeable notes due 2032, with a $50 million purchaser option and capped call transactions to limit dilution, to fund redemption of the 7.875% notes due 2030.
SEC8-K 0001193125-26-389847Webgurufocus.comWebprnewswire.comWebadvfn.comWebus.kabutan.jpWebbarchart.comWebin.marketscreener.com analyst_ratingMorgan Stanley analyst Joe Laetsch maintained an Underweight rating on PBF Energy and raised the price target to $76 from $38.
- Key event
debt_financingPBF Energy said it intends to use net proceeds from its $500 million exchangeable notes offering, plus cash, to fund the repayment or redemption of all of its outstanding 7.875% senior unsecured notes due 2030, and to pay costs of related capped call transactions.
analyst_ratingMorgan Stanley lowered its price target on PBF Energy to $76 from $38 while maintaining an Underweight/Sell rating.
commodity_eventOil prices surged past $100 per barrel on September 9, 2026, with Brent crude hitting its highest level since July, driven by escalating U.S.-Iran geopolitical tensions.
operational_disruptionAn operating unit at PBF Energy's 189,000 bpd Chalmette refinery in St. Bernard Parish, Louisiana exploded and caught fire around 1:00 PM local time on Sept 8, forcing multiple units to low-load operation, with the fire contained and no casualties.