PBF Energy Inc - Company Profile
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PBF Energy Inc (PBF Energy) is an independent oil refining company. It owns and operates crude oil refineries and related facilities in the US. Its refining assets include Delaware City refinery, Paulsboro refinery, Toledo refinery, Chalmette refinery and Torrance refinery. The company supplies unbranded transportation fuels, lubricant base oils, petrochemical feedstock, heating oil and other petroleum-based products. Its refineries have access to waterborne cargoes and distribution network of pipelines, barges and tankers, trucks and rail. The company sells its products through short-term contracts or on the spot market throughout the Northeast, Midwest, Gulf Coast and West Coast, and other regions in the US and Canada. PBF Energy is headquartered in Parsippany, New Jersey, the US.
PBF Energy Inc premium industry data and analytics
Products and Services
Products |
---|
Lubricant Base Oils |
Gasoline |
Reformulated gasoline (RFG): Non-VOC – Winter gasoline and VOC – Summer gasoline |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Plans/Strategy | In April, the company announced its plans to invest US$70 million in the Martinez Refinery. |
2023 | Contracts/Agreements | In June, the company and Eni Sustainable Mobility Spa announced the closing of a 50-50 joint venture partnership in St. Bernard Renewables LLC. |
2023 | Contracts/Agreements | In February, the company entered into an agreement with Eni Sustainable Mobility to form a joint venture, St. Bernard Renewables LLC. |
Competitor Comparison
Key Parameters | PBF Energy Inc | Marathon Petroleum Corp | Phillips 66 | Valero Energy Corp | HollyFrontier Corp |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Parsippany | Findlay | Houston | San Antonio | Dallas |
State/Province | New Jersey | Ohio | Texas | Texas | Texas |
No. of Employees | 3,776 | 18,200 | 14,000 | 9,886 | - |
Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Thomas J. Nimbley | Chairman; Chief Executive Officer | Executive Board | 2016 | 71 |
Karen B. Davis | Senior Vice President; Chief Financial Officer | Senior Management | 2023 | - |
Matthew C. Lucey | President | Senior Management | 2015 | 48 |
Trecia Canty | General Counsel; Senior Vice President | Senior Management | 2015 | 61 |
Jim Fedena | Senior Vice President - Logistics, Renewable Fuels, and Strategic Assets | Senior Management | 2022 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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