{
}
UBS has cut its price target for PBF Energy to $23 from $26, maintaining a Neutral rating, as the company faces increased operating expenses due to downtime at its Martinez facility. Analysts have revised earnings estimates downward, projecting a significant loss for Q1 2025, while PBF Energy plans to issue $750 million in senior notes to reduce debt. The company is also expected to restart the Martinez refinery in stages after a fire, with full operations anticipated by Q4 2025.
UBS has cut its price target for PBF Energy to $23 from $26, maintaining a Neutral rating, as the company faces increased operating expenses due to downtime at its Martinez facility. Analysts have revised earnings estimates downward, predicting a significant loss of $3.36 per share for Q1 2025, alongside a projected $800 million cash burn. PBF Energy plans to issue $750 million in senior notes to reduce debt, while its refinery is expected to restart in stages after a fire, with full operations anticipated by Q4 2025.
Valero Energy Corp
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs lowers pbf energy price target amid rising operational challenges
United States Dollar
PBF Energy Inc.
JPMorgan Chase & Co.
Valero Energy Corp
USA
Manav Gupta
Joe Biden
Show more
21:28 25.03.2025
ubs lowers pbf energy price target amid refinery challenges and losses
21:10 25.03.2025
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Retail and Consumer Goods
Global Trade Developments
Supply Chain Management
Stock Market Updates
Government Economic Policies
Industry Mergers & Acquisitions
Private Equity Deals
Energy Sector Developments
AI Applications
Fintech Startups
Funding Rounds & Investments
AI Innovations
Venture Capital Investments
Emerging Startups
Inflation and Monetary Impact
IPOs & SPACs
Decentralized Finance (DeFi) Innovations
Countries:
Companies:
Apple Inc.
Google Inc.
Tesmec S.p.A.
Amazon.com, Inc.
Microsoft Corporation
Mastercard Inc
NVIDIA Corp
Tesla, Inc.
OpenAI ERC USD
The Goldman Sachs Group, Inc.
Visa Inc.
SWIGGY LIMITED
GLOE Inc.
Ripple USD USD
NAURA Technology Group Co., Ltd.
OLA ELECTRIC MOBILITY LTD
Microsoft Corp
Micron Technology, Inc.
SAP SE
Oracle Corp
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
United Arab Emirates Dirham
British Pound Sterling
Saudi Riyal
New Zealand Dollar
Thai Baht
Vietnamese Đồng
Canadian Dollar
Indonesian Rupiah
South Korean Won
Malaysian Ringgit
Brazilian Real
Swiss Franc
Qatari Riyal
Bangladeshi Taka
Kuwaiti Dinar
People: