PBF Energy Inc (NYSE:PBF) declared a dividend on Thursday, October 31st, Fidelity reports. Investors of record on Thursday, November 14th will be paid a dividend of 0.30 per share by the oil and gas company on Tuesday, November 26th. The ex-dividend date is Wednesday, November 13th. This is a positive change from PBF Energy’s previous dividend of $0.29.
NYSE PBF traded up $0.60 on Tuesday, reaching $33.29. 281,756 shares of the stock traded hands, compared to its average volume of 1,744,266. PBF Energy has a 12 month low of $21.09 and a 12 month high of $40.91. The firm’s fifty day simple moving average is $29.28 and its 200 day simple moving average is $27.63. The company has a market cap of $3.92 billion, a price-to-earnings ratio of 10.21, a P/E/G ratio of 6.18 and a beta of 1.65. The company has a quick ratio of 0.64, a current ratio of 1.56 and a debt-to-equity ratio of 0.65.
PBF Energy (NYSE:PBF) last announced its quarterly earnings data on Thursday, October 31st. The oil and gas company reported $0.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.59 by $0.07. PBF Energy had a positive return on equity of 4.77% and a negative net margin of 0.36%. The business had revenue of $6.43 billion during the quarter, compared to analyst estimates of $6.29 billion. During the same period last year, the company earned $1.13 earnings per share. PBF Energy’s quarterly revenue was down 15.9% compared to the same quarter last year. As a group, equities research analysts forecast that PBF Energy will post 0.77 EPS for the current fiscal year.
In other news, insider Carso S.A. De C.V. Inversora bought 52,385 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were acquired at an average cost of $21.75 per share, with a total value of $1,139,373.75. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last ninety days, insiders bought 1,114,653 shares of company stock worth $26,184,844. 3.50% of the stock is currently owned by company insiders.
PBF Energy Company Profile
PBF Energy, Inc engages in the operation of a petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. It operates through the Refining and Logistics segments. The Refining segment refines crude oil and other feedstocks into petroleum products.
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