PBF Energy Inc - Company Profile

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PBF Energy Inc: Segment Analysis

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Business Description

PBF Energy Inc (PBF Energy) is one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products. It serves customers in the US, Canada, Mexico and other international markets.

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Business Segments

Overview

Processes crude oil and offers ultra-low-sulfur diesel (ULSD), gasoline, heating oil, petrochemicals, jet fuel, lubricants, and asphalt. The company serves customers in the US, Canada, and Mexico, and has the capability to ship products to other international markets. The company operates six refineries, including the Delaware City refinery, Paulsboro refinery, Toledo refinery, Chalmette refinery, Torrance refinery, and Martinez refinery. Delaware City Refinery: Processes a variety of medium to heavy, sour crude oils, but can also run light, sweet crude oils. It sources crude oil through rail, ship, or barge at its docks on the Delaware River. Paulsboro Refinery: Processes medium and heavy, sour crude oils, as well as light and sweet crude oils. It receives crude and feedstock via its marine terminal on the Delaware River. Toledo Refinery: Primarily processes light, sweet crudes from Canada, the Mid-Continent, the Bakken region, and the US Gulf Coast. Crude is delivered through pipelines and a truck unloading facility. Chalmette Refinery: Capable of processing both light and heavy crude oil. It sources crude from connections to the CAM Pipeline and MOEM Pipeline, and via waterborne deliveries. Torrance Refinery: Processes heavy and medium crude oils. It sources crude through its own pipeline connections, waterborne deliveries, and truck racks.

Performance

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Overview

Operates through PBF Logistics LP (PBFX), which owns or leases, operates, develops, and acquires crude oil and refined products terminals, pipelines, storage facilities, and similar logistics assets. Engages in the receiving, handling, storage, and transferring of crude oil, refined products, natural gas, and intermediates from sources located throughout the US and Canada.

Performance

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