PBF Energy (PBF) : During the past 4 weeks, traders have been relatively bearish on PBF Energy (PBF), hence the stock is down -12.83% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.16% relative to the S&P 500. The stock has risen by 0.32% in the past week indicating that the buyers are active at lower levels, but the stock is down -9.02% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 4.62% and the 50-Day Moving Average is 14.12%.
PBF Energy (NYSE:PBF): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $22.04 and $21.72 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $22.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.98, notching a gain of 0.73% for the day. The total traded volume was 2,956,385 . The stock had closed at $21.82 on the previous day.
The company Insiders own 5.7% of PBF Energy shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 60% . During last six month period, the net percent change held by insiders has seen a change of 60%. In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (President) of Pbf Energy Inc., Lucey Matthew C. had purchased shares worth of $275,000 in a transaction dated on June 1, 2016. A total of 10,000 shares were purchased at a price of $27.5 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
PBF Energy Inc. (PBF) is a petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products. PBF owns and operates three domestic oil refineries and related assets with a combined processing capacity, known as throughput, of approximately 540,000bpd, and a weighted average Nelson Complexity Index of 11.3. PBF Energys three refineries are located in Toledo, Ohio, Delaware City, Delaware and Paulsboro, New Jersey. The Company operates in two business segments: Refining and Logistics. The Companys three oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products, and are aggregated into the Refining segment. PBFX operates logistical assets , such as crude oil and refined petroleum products terminals, pipelines, and storage facilities, which are aggregated into the Logistics segment.