PBF Energy is one of North America's largest independent petroleum refiners and suppliers. Founded in 2008, the company has grown from 11 employees to thousands working across offices and facilities throughout the United States. It owns and operates six domestic refineries with a combined processing capacity of approximately 1,000,000 barrels per day, serving markets across the Northeast, Midwest, Gulf Coast, and West Coast, as well as Canada, Mexico, and other international destinations.
The company operates through two business segments: Refining, which produces petroleum products from crude oil and other feedstocks, and Logistics (PBFX), which operates crude oil and refined products terminals, pipelines, and storage facilities. Its refinery locations span Delaware City, Delaware; Paulsboro, New Jersey; Toledo, Ohio; Chalmette, Louisiana; Torrance, California; and Martinez, California. The company's combined operations reflect a weighted average Nelson Complexity Index of 12.7, indicating substantial technical sophistication in its refining capabilities.
PBF Energy maintains comprehensive preventive maintenance programs and places emphasis on rigorous employee training and development. The company describes itself as dedicated to enhancing the reliability, security, and safety of its operations. It trades on the New York Stock Exchange under the ticker PBF.
