Exports Fuel Investment in U.S. Petcoke Expansions, Upgrades, an Industrial Info News Alert
PBF Energy Inc. Class A (PBF)
Last pbf energy inc. class a earnings: 2/13 06:30 am
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Source: Business Wire
SUGAR LAND, Texas--(BUSINESS WIRE)--The U.S. Energy Information Administration (EIA) recently reported annual production of U.S. petroleum coke (petcoke) remained relatively unchanged from 2014 through 2023, averaging 46 million tons, according to U.S. Census Bureau data. Petcoke, which is extracted from petroleum during the refining process, isn't a popular product in the U.S. due to its high carbon content, but it is popular overseas because of its high heat content and low price. Indeed, almost 90% of the petcoke produced in the U.S. in 2023 was exported.Industrial Info is tracking more than $830 million worth of active and proposed projects for petroleum-coking units across the U.S., the bulk of which are for unit upgrades.PBF Energy Incorporated (NYSE:PBF) (Parsippany, New Jersey) currently accounts for more investment in petcoke projects than any other parent company, according to Industrial Info's Global Market Intelligence (GMI) Project Database, with a pair of upgrades at
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PBF
News
- Exports Fuel Investment in U.S. Petcoke Expansions, Upgrades, an Industrial Info News Alert [Yahoo! Finance]Yahoo! Finance
- PBF Energy to Participate in the TD Cowen Energy ConferencePR Newswire
- PBF Energy Inc. (NYSE:PBF) Pays A US$0.275 Dividend In Just Four Days [Yahoo! Finance]Yahoo! Finance
- PBF Energy Inc. (NYSE: PBF) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- PBF Energy Inc. (NYSE: PBF) had its price target lowered by analysts at Mizuho from $36.00 to $33.00. They now have a "neutral" rating on the stock.MarketBeat
PBF
Earnings
- 10/31/24 - Miss
PBF
Sec Filings
- 11/15/24 - Form 4
- 11/13/24 - Form 4
- 11/7/24 - Form 4
- PBF's page on the SEC website