PBF Energy

#2496

Rank

$5.03B

MarketCap US

US United States

Country

Summary
PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products. The company sells its products in Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, and Mexico. It also offers various rail, truck, and marine terminaling services, as well as pipeline transportation and storage services. As of December 31, 2021, the company owned and operated six oil refineries and related assets. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey.

History

PBF Energy was founded in 2008 by Tom O 'Malley and other senior members who had collectively spent over 20 years in the refining business. Since its inception, PBF Energy has become one of the largest independent refiners in North America, and today operates seven refineries in the United States, including Oregon,California, and Pennsylvania. The company also provides logistical services to its customers.


Mission
Our mission is to identify attractive acquisition opportunities in the petroleum refining industry in North America and execute acquisitions that provide superior returns to our investors, provide employees with a safe and rewarding workplace, and become a positive influence in the communities where we do business.

Vision
Our vision is to become a global leader in energy, by providing innovative and sustainable solutions to meet the needs of our customers.

Key Team

Mr. Timothy Paul Davis (Sr. VP of Supply, Trading & Optimization)

Mr. Thomas L. O'Connor (Sr. VP of Commodity Risk & Strategy)

Mr. John Barone (Chief Accounting Officer & Controller)

Ms. Wendy Ho Tai (Sr. VP of HR)

Mr. Colin Murray (Sr. Director of Investor Relations)

Mr. Steven G. Steach (Sr. VP of Refining)

Ms. Trecia M. Canty (Sr. VP, Gen. Counsel & Sec.)


Recognition and Awards
PBF Energy has been the recipient of several awards, including 'Employer of the Year' from the Oregon Business Council, 'Outstanding Benefit Program of the Year' from the National Association of Refiners and 'Supplier of the Year' from the American Petroleum Institute.

References
PBF Energy
Leadership team

Mr. Thomas J. Nimbley (CEO & Chairman)

Mr. Matthew C. Lucey (Pres)

Mr. C. Erik Young (Sr. VP & CFO)

Products/ Services
Biofuel, Energy, Natural Resources, Oil and Gas, Transportation
Number of Employees
1,000 - 20,000
Headquarters
Parsippany, New Jersey, United States
Established
2008
Company Registration
SEC CIK number: 0001534504
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
PBF
Social Media
Fri Feb 23 2024
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