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If You Invested $1000 in PBF Energy a Decade Ago, This is How Much It'd Be Worth Now
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How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries.
Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.
What if you'd invested in PBF Energy (PBF - Free Report) ten years ago? It may not have been easy to hold on to PBF for all that time, but if you did, how much would your investment be worth today?
PBF Energy's Business In-Depth
With that in mind, let's take a look at PBF Energy's main business drivers.
PBF Energy Inc. is a leading independent refiner of crude oil based in Parsippany, New Jersey. Through six oil refineries and associated infrastructure in the United States, the company produces unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products. The refineries can collectively process about 1,000,000 barrels of crude oil per day.
The refining system is spread across California, Louisiana, New Jersey, Delaware and Ohio. The Torrance, California refinery has a daily processing capacity of 155,000 barrels of crude. The six refineries are Delaware City, Paulsboro, Toledo, Chalmette, Torrance and Martinez.
Delaware City Refinery spans about 5,000 acres and is connected to large pipeline networks with rail, truck, tanker and marine access. It has a complex system that can process heavier crude with higher sulfur content. Paulsboro Refinery is about 30 miles away, spans about 950 acres in Paulsboro, New Jersey, and is one of two East Coast refineries with coking capacity.
The company purchases crude oil, other feedstocks and blending components from third party suppliers. It sells products throughout the Northeast, Midwest, Gulf Coast and West Coast of the United States, and also into other regions, Canada and Mexico.
PBF Energy has an ownership interest of 48% in PBF Logistics LP, a master limited partnership. Through this stake, the company operates crude oil and refined petroleum product pipelines, storage facilities and terminals, most of which are located at or near the refineries. PBF Energy is also a 50% partner in St. Bernard Renewables, a joint venture focused on renewable diesel production.
PBF Energy conducts business through two reportable segments, Refining and Logistics. Revenues in the Refining segment were $29,297.7 million in 2025, contributing a significant portion of total revenues. The Logistics segment generated profit of $383.5 million in 2025, accounting for a smaller portion of overall results. Logistics revenues are largely fee-based and supported by transportation, terminaling and storage services under commercial agreements.
Bottom Line
While anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in PBF Energy ten years ago, you're probably feeling pretty good about your investment today.
A $1000 investment made in September 2016 would be worth $3,645.25, or a gain of 264.53%, as of September 14, 2026, according to our calculations. This return excludes dividends but includes price appreciation.
Compare this to the S&P 500's rally of 259.85% and gold's return of 217.11% over the same time frame.
Looking ahead, analysts are expecting more upside for PBF.
PBF Energy's diversified, complex refining system is positioned to benefit from tight product markets and disrupted global trade flows. The Martinez refinery is back at full operations, restoring West Coast capacity and supporting higher system utilization. Deleveraging has materially strengthened the balance sheet, while the Refining Business Improvement program continues to lower costs and improve reliability. The six-refinery footprint and crude flexibility should support margin capture across regions. This combination improves resilience through refining cycles. Risks remain from elevated renewable fuel compliance costs, ongoing Martinez regulatory investigations, and planned maintenance and operational disruptions. Overall, greater asset availability, cost discipline and financial flexibility support the Outperform view.
The stock has jumped 8.98% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 4 higher, for fiscal 2026; the consensus estimate has moved up as well.
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If You Invested $1000 in PBF Energy a Decade Ago, This is How Much It'd Be Worth Now
How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries.
Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.
What if you'd invested in PBF Energy (PBF - Free Report) ten years ago? It may not have been easy to hold on to PBF for all that time, but if you did, how much would your investment be worth today?
PBF Energy's Business In-Depth
With that in mind, let's take a look at PBF Energy's main business drivers.
PBF Energy Inc. is a leading independent refiner of crude oil based in Parsippany, New Jersey. Through six oil refineries and associated infrastructure in the United States, the company produces unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products. The refineries can collectively process about 1,000,000 barrels of crude oil per day.
The refining system is spread across California, Louisiana, New Jersey, Delaware and Ohio. The Torrance, California refinery has a daily processing capacity of 155,000 barrels of crude. The six refineries are Delaware City, Paulsboro, Toledo, Chalmette, Torrance and Martinez.
Delaware City Refinery spans about 5,000 acres and is connected to large pipeline networks with rail, truck, tanker and marine access. It has a complex system that can process heavier crude with higher sulfur content. Paulsboro Refinery is about 30 miles away, spans about 950 acres in Paulsboro, New Jersey, and is one of two East Coast refineries with coking capacity.
The company purchases crude oil, other feedstocks and blending components from third party suppliers. It sells products throughout the Northeast, Midwest, Gulf Coast and West Coast of the United States, and also into other regions, Canada and Mexico.
PBF Energy has an ownership interest of 48% in PBF Logistics LP, a master limited partnership. Through this stake, the company operates crude oil and refined petroleum product pipelines, storage facilities and terminals, most of which are located at or near the refineries. PBF Energy is also a 50% partner in St. Bernard Renewables, a joint venture focused on renewable diesel production.
PBF Energy conducts business through two reportable segments, Refining and Logistics. Revenues in the Refining segment were $29,297.7 million in 2025, contributing a significant portion of total revenues. The Logistics segment generated profit of $383.5 million in 2025, accounting for a smaller portion of overall results. Logistics revenues are largely fee-based and supported by transportation, terminaling and storage services under commercial agreements.
Bottom Line
While anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in PBF Energy ten years ago, you're probably feeling pretty good about your investment today.
A $1000 investment made in September 2016 would be worth $3,645.25, or a gain of 264.53%, as of September 14, 2026, according to our calculations. This return excludes dividends but includes price appreciation.
Compare this to the S&P 500's rally of 259.85% and gold's return of 217.11% over the same time frame.
Looking ahead, analysts are expecting more upside for PBF.
PBF Energy's diversified, complex refining system is positioned to benefit from tight product markets and disrupted global trade flows. The Martinez refinery is back at full operations, restoring West Coast capacity and supporting higher system utilization. Deleveraging has materially strengthened the balance sheet, while the Refining Business Improvement program continues to lower costs and improve reliability. The six-refinery footprint and crude flexibility should support margin capture across regions. This combination improves resilience through refining cycles. Risks remain from elevated renewable fuel compliance costs, ongoing Martinez regulatory investigations, and planned maintenance and operational disruptions. Overall, greater asset availability, cost discipline and financial flexibility support the Outperform view.
The stock has jumped 8.98% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 4 higher, for fiscal 2026; the consensus estimate has moved up as well.