PBF Energy Inc. (PBF): A Bull Case Theory

We came across a bullish thesis on PBF Energy Inc. (PBF) on The Chop Wood, Carry Water Newsletter’s Substack by Alexandru Dragut. In this article, we will summarize the bulls’ thesis on PBF. PBF Energy Inc. share was trading at $33.20 as of Oct 10^th. PBF’s trailing and forward P/E were 5.37 and 16.61 respectively according to Yahoo Finance.

[caption id="attachment_1235332" align="aligncenter" width="768"] An aerial view of an oil refinery, showing the production of refined petroleum products.[/caption]

PBF Energy Inc. is a leading independent petroleum refiner in the U.S.,...