PBF Energy Inc.
PBF Energy Inc. is a prominent independent petroleum refining and logistics company headquartered in Parsippany, New Jersey. Established in 2008, the company's mission is to operate its refining and logistics facilities safely, reliably, and in an environmentally responsible manner. It aims to provide a safe and rewarding workplace for its employees, act as a positive influence in the communities where it operates, and deliver superior returns to its investors.
PBF Energy's core business involves the production and supply of a diverse range of petroleum products, including transportation fuels such as gasoline, ultra-low-sulfur diesel, and jet fuel, as well as heating oils, lubricants, petrochemical feedstocks, and asphalt. The company also engages in the production of renewable diesel. Complementing its refining operations, PBF Energy provides extensive logistics services, encompassing rail, truck, and marine terminaling, along with pipeline transportation and storage. Its products are distributed across the Northeast, Midwest, Gulf Coast, and West Coast of the United States, and to other regions including Canada and Mexico, with capabilities for international shipments.
As one of North America's largest independent refiners, PBF Energy operates six domestic oil refineries across the United States. Matthew C. Lucey serves as the President and Chief Executive Officer, while Thomas J. Nimbley is the Chairman of the Board. Recent activities include the announcement of its first-quarter 2026 results on April 30, 2026, which included a dividend declaration of $0.275 per share and an update on the restart of its Martinez Refinery. The company also announced the pricing of $500 million of Senior Notes due 2034 on May 26, 2026. PBF Energy is also a 50% partner in the St. Bernard Renewables joint venture, focusing on sustainable fuel production.
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