Is PBF Energy (PBF) Now Attractive After Recent Share Price Jump And Refining Headlines
-
If you are wondering whether PBF Energy at around US$32.77 is genuinely good value or just looks cheap on the surface, this article is for you.
-
The stock has recently seen a 14.9% return over the last 7 days, 3.2% over the past month, 14.9% year to date and 22.4% over the past year. However, the 3 year return is negative at 9.8% and the 5 year return is very large.
-
Recent news coverage has focused on PBF Energy’s position within the US refining space and how investors are reacting to changes in fuel demand and refining margins. This context helps explain why the share price has moved sharply in the short term while longer term returns have been mixed.
-
Our valuation model gives PBF Energy a score of 3 out of 6 on our…
