Reddit Posts
MGY: Golden opp to rake in some Serious dough
PBF Stock: Have You Seen What The Price Has Been Up To?
$PBF Energy - Near 20% Short Interest w/ Heavy Institutional Holdings
Eyeing all oil stocks with high short interest
$PBF.c partners with online vegan marketplace: Vejii
Planet Based Foods introduces new CFO Robbie Rech $PBF $PBF.c
Dividend Plays with strong momentum and Big Gaps up to Pre-Pandemic levels
$PBF - heading to $22 - go refinery
$PBF - Revenge of Refinery - pt. 3
PBF - Revenge of Refinery - Pt. 3
$PBF - Revenge of Refinery - Pt. 3
$PBF - time to buy refinery - key facts - Pt. 2
PBF gas refinery may be new meme stock, shorted stock & everyday 5 to 7% up down normally.
$PBF - time to buy refinery - key facts
Next Meme Stock would be PBF Energy (PBF)
$DM YOLO - DD Included. 3D Printer? More like money printer 💸🖨
$DM Short Squeeze Candidate: come get your tendies and Lambo Urus here
$DM Short Squeeze Candidate: come get your tendies and Lambo Urus here
$DM Short Squeeze Imminent: come get your tendies and Lambo Urus here
Why Small-Cap Energy Stocks Could Lead and What to do About It - $VKIN
Next potential short squeeze stocks after GME and AMC:
Tossing my small-street hat in the ring. No hype, just my moves in my betting account and some commentary, assuming you do better DD on 10k's and Free Level 2 analysis at TD.
Mentions
Thanks for this breakdown. I’m looking at building a heavy position in the oil and gas space and am looking at a few stocks that I’ll be researching and by researching I mean reading a few seeking alpha articles to see what metrics I should be focusing on and then try to deduce their financial statements. Am I headed in the right direction with these companies? Talos Energy PBF ENERGY HF Sinclair Corporation Delek US Holdings
## Update: Took profits on several shortly after Party Pooper Powell blurted that he doesn't want us all making money this holiday season... Closed calls early for profit today: BBIO CHRW EL GH PBF LLY GOOG EBAY ALNY I recognize that these may be premature, but it was also done to reduced my exposure and risk going into tomorrow. I dumped a bunch of my long positions as well.
Adding $PBF — my DD got nuked but Chevron's El Segundo refinery is literally on fire right this second. P66 already shut down. CA refining capacity is collapsing and Wall Street hasn’t caught on. PBF owns Torrance + Martinez (restarting soon). I'm buying before the market wakes up.
What's your take on PBF?
I own a lot of PBF, but calls are far more expensive wrt IV
Don’t know PBF looks like a better reward to risk
At least my PBF has been consistent
Anyone taking a look at PBF? Oil refinery business that is down nearly 9% after earnings miss higher net loss than expected. Basically at the same price as pre pandemic. Carlos Sim, Mexican billionaire has a significant stake in this and is still buying
I never traded stock. In VSTS I closed just before expiration, in ATEC original position expired but sold a lot of 5 and 7.5 puts which expired worthless, and in PBF I sold a lot of 32 and 30 puts to make a lot more than the original cost of the vertical. In retrospect trading stock would have been a great trade.
Oil (especially refiners) might be getting sold off especially hard lately due to both mutual funds' annual rebalancing and premature celebration about Israel/Iran. 52 week lows for DINO and PBF. LYB also.
PBF earnings tomorrow I know it’s a long shot but I’m all in cause I hate money
DLO, EPM, WULF, CORZ, OKLO, GCT, PBF, EOSE, FORD. Most are not short squeeze, but rather continuous money makers. Go take a look, see which chart speaks to you. Not all will.
He is buying oil companies: PBF, Talos, Petrobal, and has interests in Pemex. Similar to Warren Buffett, he finds the prices in the energy sector attractive at this moment. Geopolitical risks could increase the value of refineries in the USA, ia energy demand, diversification, gas natural demand…
I'm bag holding PBF. Usually my Carlos Slim copy trades are doing well, but this shit is down now 18% since I bought
Anyone here bought PBF together with Carlos? Not looking good tbh
I’m in on PBF Energy Inc because its price has been pretty cyclical over the last year @44.5+some random insider buy
Anyone having an eye on PBF? Heavy institutions buys after a huge drop in value. Last time they did this they timed the bottom perfectly beginning this year and it mooned. Will have a closer look tomorrow, but looks interesting *
Options are too volatile in this moment. Better to buy the underlying stock…. I opened positions in PBF, DINO, MPC, MRO, SM, EOG, APA, DVN, PXD
Entered positions in XOM, PXD, SM, DINO, PBF, APA, DVN, MRO, EOG, MPC
These are my current positions: PBF, DINO, MPC, SM, PXD, EOG, MRO, DVN, APA.
Yes. Also buy some selected stock like PBF, DINO, MPC, MRO, SM, EOG, DVN, APA, PXD (which will soon merge with XOM btw)
Oil is in a new undetected (yet) boom. My favorite tickers are PBF, DINO, PXD, SM, MRO, EOG, APA, DVN
PBF, DINO, SM, MRO, EOG, APA, DVN… these are few good examples. Not financial advise
PBF, MPC, DINO. All petroleum refineries basically
Any reason for the pump today? Been holding PBF for a while.
PBF Energy is where it's at today.
Also and especially downstream like DINO and PBF
Sure man it'll be rough math but my source is Roaring Kitty - Tools Part 3 of 3 (spreadsheets) recorded on 6/23/20 according to him: port % / ticker / price in video / High of Stock since that video 2.17 TSE $22.51 High of $76 2.01 RRC $5.84 High of $36 1.93 PTEN $4.21 High of \~$20 1.92 PBF $12.06 High of $56 1.9 NGD $1.27 High of \~$2.3 1.57 RFP $2.18 #Can't find the high, think the stock was delisted but I did this before and this doesn't seem familiar, pretty sure it was higher although let's just assume it's a loss for the heck of it 1.55 CNR $5.96 can't find, stock was renamed 1.54 PUMP $5.44 High of \~$15 1.4 OVV $10.38 High of \~$60 1.33 FTK $0.98 High of $18 1.26 WTTR $5.12 High of \~$9.50 1.23 MAC $8.98 hIGH OF \~$22 might have done smth wrong and not accounting for weird conditions but there ya go
Thoughts on that PBF 53 mil insider buy
$53 million insider buy? PBF is on fire! I'm buying in first thing tomorrow.
Hello, can anyone please help me replicate the screening criteria used by an article from a banned site? Each year, the robot (theoretically) buys the 10 cheapest stocks among all U.S. stocks with a market value of $500 million or more, positive earnings, and debt less than equity. My measure of cheapness is the stock’s price/earnings (P/E) ratio — stock price divided by the past four quarters’ earnings. These filters selected these stocks: SWN, GPOR, CNX, SPB, SPHR, PBF, CHK, SBOW, SD, BTU. Market Cap is an obvious filter, and "debt less than equity" would be Debt/Equity Under 1. What filter would correlate with "positive earnings"? Thanks.
Suez Canal is being heavily affected by the Muslim terrorists. This will cause oil to surge in 2024. Buy DINO, PBF, PXD, MRO, APA, DVN, SM.
Sell now, buy DINO and PBF
I bought PBF this morning 
PBF [https://www.youtube.com/watch?v=UNl9RqjLCwc](https://www.youtube.com/watch?v=UNl9RqjLCwc)
Yea it’s like buying LLY after a huge run up with Oil right now. Only thing I’m liking is the refiners MPC, VLO, PBF.
$PBF 
Bought PBF on Friday 
PBF for the summer rally 
Only hope is refiners pull a nice upswing this summer like PBF, VLO
For the dummies (that's all of you); $PBF makes gasoline (a good chunk of US production). They dumped all their debt in 2019/20 bankruptcy. Now they're making money hand over fist. Anything under $40 is a steal.
$PBF under $40 with a ridiculously expensive summer coming. I'll take all of it.
Great time to enter positions in some of the depressed oil stocks, such PXD, DVN, SM, MRO, APA, EOG… Downstream is also at good entry points now with DINO and PBF 😎
Crude to $100+ in the summer. I've bet on that. I'm heavy into refiners like VLO, PSX, and PBF and oilfield equipment and services like SLB, CHX, and WHD. But really, I think who will benefit the most is a company with cheap access to an easy source of oil and can refine in house like SU or CVE.
Oil stocks for the next 4-5 years at least, maybe 10: -PXD and DVN (these also have very high dividend; - EOG, MRO, APA (very healthy company all around); - DINO, MRC, PBF (downstream Uber ales...) Currently very depressed prices may be a good entry point also for SM, which made me a lot of money last year
I'm heavy into refiners and oil services. Not so sure about BOIL. Right now, I have VLO, PSX, PBF because they are the largest independent refiners in the US, I have SU because they would benefit a lot from cheap access to oil sands in Canada and they are fully integrated, so they can refine what they mine, and then on the services and equipment side I have SLB, CHX, and WHD because they have good financials. Who runs the oil machines and who runs the shops that sell the oil companies the shovels? Granted, I'm just a random guy in Reddit, so please do your own homework and DD.
Alright, I just bought PSX, PBF, and CORR. This summer's gonna bring a lot of change. I'll bet on that.
1). That's not true at all - oil prices were well over $100 for a lot of last year and were only kept on check with SPR releases. 2). Why would anybody inveat billions of dollars in US refining capacity today? You know we already produce more refined products in the US than we consume - right? 3). Why is the government heavily subsidizing renewable diesel which reduces diesel refining capacity by 60-75% when compared to Petroleum? Do you even know why the bottleneck WAS refining? Because European nat gas prices were too high making Europe short on refining, China was refusing to export refined product despite having spare refining capacity, we lost Russia's refined product exports much more than crude oil, commodity flows became less efficient and chaotic due to the war, and a lot of refining capacity got permenantly shut in due to hurricane damage and a weak supply outlook during the pandemic. The Middle East and Latin America are investing heavily in refining capacity. But why would an American company build a refinery today? It's a couple billion dollar investment, takes multiple years, historical refining margins are marginal, and you have a whole wing of the political system in America dancing on the oil industry's "grave" simultaneously demanding they never invest capital in oil again and subsidizing the shit out of EVs and blaming oil companies for high prices for not investing enough. Anyways, ever heard of Delek? CVR? Hunt? PBF? CHS? Sinclair Oil? United Refining? PDV? Goodway Refining, Vertex Energy, Petro Star, Flint Hills Resources? Kern Oil & Refining co, San Joaquin Refining co? Greka Energy, world Oil corp, Suncor, Drlaware City Refining co, Nustar Asphalt refining, Par Hawaii Refining, Countrymark Co-op, Calimet Specialty Products, Calcaseiu refining, etc... That's not nearly all of the companies that I bet you've never heard of that own one or more refineries in the US. Again, you have no idea what you are talking about. But I'm sure the answer is really simple.
Riding a PBF call, Jesus take the wheel
Posting [this article](https://rbnenergy.com/cracking-up-whats-driving-us-refiners-sky-high-crack-spreads) that explains why >Over the past few weeks, many U.S. refiners reported even-stronger-than-expected first-quarter results, and it’s likely their good fortune will continue. Why? Despite the skyrocketing price of crude oil — refiners’ primary feedstock — the prices of the gasoline and diesel they produce have risen even more. And it’s that now-yawning gap between crude oil and refined-products prices that’s been driving refining margins — and refiners’ profits — to near-historic levels. Refining margins, like the character and capabilities of thoroughbreds like “Rich Strike” in Saturday’s amazing Kentucky Derby, are unique to each refinery because of their different sizes, equipment and crude slates (among other things), but there’s a tried-and-true way to estimate the refining sector’s general profitability, as we discuss in today’s blog on U.S. refiners’ sky-high crack spreads. >It’s been quite an earnings season for many U.S. refiners. One after another, they’ve reported first-quarter results that exceeded even Wall Street’s energy-boom-time expectations. And in each case, as you might have guessed, the improved results were fueled by sharply higher refining margins — namely, the money refiners make on each barrel of crude oil they process into gasoline, diesel, jet fuel and other products. Valero Energy and Phillips 66, for example, both said that their refining margins in the first quarter were more than double those of a year earlier, when COVID was still weighing heavily on fuel demand. PBF Energy’s margins more than tripled. >For many years now, we’ve blogged about the crack spread, which you might call a rule-of-thumb approach to estimating the profitability of the refining sector by comparing the price of crude to the prices of gasoline and diesel, the two largest outputs of a typical refinery. And there are at least a few approaches to compute the crack spread. >A common approach is to use the 3-2-1 crack spread, which represents the operation of a hypothetical refinery that makes twice as much gasoline as diesel from three barrels of crude. In other words, a 3-2-1 crack spread is the difference between the cost of three barrels of crude and the sum of two barrels of gasoline plus one barrel of diesel. We often use the 3-2-1 crack spread because, back in the good ol’ days, a typical refinery produced about twice as much gasoline as diesel. But we also look at the 2-1-1 crack spread — the difference between the cost of two barrels of crude and the sum of one barrel of gasoline and one barrel of diesel — because that one-to-one gasoline-to-diesel output ratio is often a little closer to reality these days. >Whichever measure you use, it’s important to remember that a generic crack spread is just a rough (though helpful) estimation of refining margins and profitability, and that individual refinery results are affected by a number of other factors. These include (as we said) the specifics of the refinery (size, equipment, crude slate) as well as production costs and the Renewable Volume Obligations (RVOs) that refiners (and fuel importers) need to meet regarding the blending of biofuels >RVOs, for example, add an estimated $8/bbl to refiners’ costs these days, which is not chump change in the world of refining margins. [Figure 1](https://imgur.com/a/gDvHBcw) shows the monthly average 3-2-1 crack spread (green line) and 2-1-1 crack spread (blue line) for the Gulf Coast, where just over half of U.S. refinery capacity is located, as well as what each of those crack spreads would be if an $8/bbl RVO cost is factored in (dashed green line for the 3-2-1 crack spread with RVO and dashed blue line for 2-1-1 crack spread with RVO). As you can see, including RVOs shrinks crack spreads substantially but doesn’t change the fact that they have recently soared to unprecedented levels. >The margins for producing diesel increased almost exponentially earlier this spring before waning slightly the past couple of weeks. (Now it’s gasoline margins that are on a tear, as we’ll discuss in an upcoming blog — last week, the June contract for RBOB, the benchmark blend for gasoline trading, soared by 10%.) [Figure 2](https://imgur.com/a/M054MCw) below shows two close relatives of the crack spread: the gasoline crack and the diesel crack, which (no surprise here) track the difference between the price of a barrel of crude oil and a barrel of either gasoline or diesel. As you can see, the Gulf Coast gasoline crack (teal line) and diesel crack (purple line) have jumped up and down quite a bit since 2007, even going negative from time to time — negative margins, like a $100 bet on a last-place horse at Churchill Downs, are no fun at all for refiners — but they have generally stayed in the $0-to-$20/bbl range over that 15-year period. Until 2022, that is. >Since January, the average monthly gasoline crack has more than doubled, from about $17/bbl to ~$40/bbl so far in May. But that gain is nothin’ compared to the rise in the diesel crack. It’s up from $23/bbl in January (already the highest diesel crack since October 2019) to nearly $70/bbl so far in May —three times where it stood at the start of the year and by far the highest diesel crack ever. >So, why are U.S. crack spreads, gasoline cracks, diesel cracks, and refiners’ actual refining margins so high? The bottom line is that the global refining sector is having trouble keeping up with rising demand for gasoline, jet fuel and diesel. >There’s a long list of reasons why. Some are mundane things, like the Northern Hemisphere just finishing up a heating season that used a lot of diesel. Or, in the U.S., the rebound in jet-fuel demand, which has led many refineries here to shift at least some of their yield from diesel to jet fuel. Or U.S. diesel inventories being at unusually low levels. Then there’s the decline in refining capacity in the U.S. and abroad. Since July 2020, U.S. atmospheric distillation capacity is down by 1 MMb/d to less than 18 MMb/d and, with many refiners casting wary eyes on ESG and the energy transition, more refinery closures (like the recent announcement by LyondellBasell) or conversions to bio-refineries may be on the way. Also, there have been significant refinery closures in Europe, Japan, Australia/New Zealand, the Philippines, Singapore and South Africa since COVID hit. >All of that is important, but it pales in comparison to the ongoing impacts of Russia’s invasion of Ukraine and the resulting energy crisis in Europe. It’s a complicated story, but we’ll keep it short. >Most cars and SUVs in Europe — and just about all trucks there — run on diesel, not gasoline, so many European refineries have historically geared their equipment, crude slates and operations to maximize diesel production (though lately some have reduced runs because high natural gas prices have significantly increased the cost of hydrocracking). What they can’t produce to meet European diesel demand has been imported, mostly from Russia (about 800 Mb/d, on average, in 2021), with smaller volumes from the Middle East, the U.S., and Asia. Our understanding is that diesel imports from Russia continue (albeit at somewhat lower levels), and that there’s a big push on in Europe to shift to other, more reliable sources of supply. Like the U.S. >As shown in [Figure 3](https://imgur.com/a/VmXRuOr), U.S. distillate exports (mostly diesel, and using a four-week average) have soared in recent months, from 682 Mb/d the last week of January (a couple of weeks before Russia’s invasion) to a near-record 1.47 MMb/d the week ended April 22 and a still-high 1.42 MMb/d the following week. A substantial portion of those increasing volumes are surely headed for Europe, and — according to Bloomberg — at least a couple of diesel shipments to Europe have sailed from New York, which historically has imported at least some diesel (and a lot of gasoline) from Europe. That’s caused the supply squeeze to be even more pronounced on the East Coast than in other areas of the U.S. >Where do we go from here? Though there has been some decline in diesel prices since the end of April, there’s little reason to believe that U.S. crack spreads, gasoline cracks or diesel cracks will revert to normal levels anytime soon, though they may come down from their recent spikes. For months to come (and maybe longer), Europe will be scrambling to find new, reliable sources for crude oil, natural gas and refined products, thereby putting upward pressure on global prices — not just for diesel, but gasoline too. >As for the longer term, the last time cracking margins surged, between mid-2011 and 2013, companies invested heavily in new units to be able to produce more, which is what ultimately caused supply to catch up with demand and prices (and crack spreads) to descend. This time it’s the opposite: Demand is exceeding supply, yet production capacity continues to shrink. That indicates that this cycle of high prices will last longer. As we’ve written about before, more and more, the question is becoming, “Will we have enough hydrocarbons to make it through the energy transition?” That’s a question we’ll be addressing directly at our School of Energy Spring 2022 conference next week. Higher-than-normal U.S. crack spreads may well become the norm, at least for a while.
PBF also seems like a discount today
If the stocks are in the slight green, sell all, buy oil stocks instead: OXY DVN SM EOG DINO ERF PBF OVV
today - PTCT - Missed earnings by a mile. That one hurt a bit. TFX - beat PBF - beat That's 10 out of 12 - Anyone who says Zacks earnings estimates are bad - is not using them correctly. I buy options like 2 weeks out that expire 5-6 weeks out....its been pretty good for me \*(Except when it's not - like when the whole market is crashing - it sucks)
Buy OXY DVN SM EOG DINO PBF ERF
I’lol be buying shares most likely, look into PBF for a possible buyback/dividend announcement. VLO & CVX, XOM for a run higher into ER
Ok got out of PBF this morning when it hit over 5%. I’m day trading oil. Next week earnings for a few oil companies. I’ll be watching VLO and PBF for an entry and possible ER plays. Oil will be volatile but the embargo might help the cause but watching the dollar and China reopening news
Made profits with PBF in the morning. It’s rough out there right now. Stay stylin’ & pimpin’ baby
>PIPE LEAK REPORTED AT PBF'S TORRANCE, CALIF. REFINERY - FIRE DEPARTMENT ^First ^Squawk ^[@FirstSquawk](http://twitter.com/FirstSquawk) ^at ^2022-10-19 ^16:47:15 ^EDT-0400
PBF is up over 200% YTD bro. Potential buybacks and dividends is the catalyst for earnings next week
I enjoyed reading your analysis. I have been enough in oil (upstream, fracturing precisely) to appreciate and corroborate the majority of your points. Just a curiosity, what do you think of DINO, ERF, PBF, EQT, RRC, SM and MTDR? I built a probably over-convoluted model, and these tickers are at the top of my ranking, together with DVN, OXY. Good luck with the next upturn ....
Good thing my premarket order never filled. Cancelled it and moved on to long calls on BLDR and PBF. Already green.
VLO, MPC, PBF, PSX. CVX & XOM own refineries as well but have a more complete outlook in the oil industry
The physical oil market is extremely disconnected from paper markets and there will be a come to Jesus moment. As some historical context for last time differentials were this high LA CARBOB 9/27/19 was +110 9/30/19 was +127.50 10/1/19 was +122.625 SF CARBOB 9/27/19 was +120 9/30/19 was +117.50 10/1/19 was 119.75 As reported in 2019: Trading sources cited active refiner buying on a combination of an outsized California gasoline draw, refinery issues and a complete lack of import. Unplanned flaring and various degrees of outages were reducing production at PBF's Torrance, Chevron's El Segundo, Valero's Benicia and Marathon Petroleum's L.A. refineries, West Coast trading sources cited. These are unprecedented levels and the consumer hasn’t even seen the price increases yet which will be in the weeks to come. In conclusion be long oil short everything else.
PBF or MPC Is it impossible to get LUKOY?
Refinery stocks like VLO and PBF dipped and went right back up. Gasoline will hit a floor and start moving higher again.
# Tickers of Interest **Gamma Max Cross** * [XP](https://options.hardyrekshin.com/#XP) 08/19 23P for $1.00 or less * [DUK](https://options.hardyrekshin.com/#DUK) 09/16 110P for $2.30 or less * [PBF](https://options.hardyrekshin.com/#PBF) 08/19 32P for $1.55 or less * [BXMT](https://options.hardyrekshin.com/#BXMT) 08/19 30P for $0.35 or less * [DAC](https://options.hardyrekshin.com/#DAC) 09/16 70P for $2.75 or less **Delta Neutral Cross** * [USO](https://options.hardyrekshin.com/#USO) 08/19 73.5P for $2.55 or less * [CRM](https://options.hardyrekshin.com/#CRM) 08/19 190C for $5.45 or less * [JNJ](https://options.hardyrekshin.com/#JNJ) 10/21 170/175 strangle for $9.10 or less combined * [EBAY](https://options.hardyrekshin.com/#EBAY) 09/16 47.5P for $1.40 or less * [PAAS](https://options.hardyrekshin.com/#PAAS) 09/16 19P for $0.95 or less # Trading Thesis Technical analysis and indicator based trading tend to use past price performance in order to predict important price levels today. This analysis is based on the option open interest. With that option open interest, it calculates portfolio-level greeks--notably Delta and Gamma. More importantly, once the portfolio level greeks are established, I can now simulate the change in greeks at different price points. From there, I can find the price levels where portfolio-level gamma is the highest, and the portfolio-level delta is close to 0. For some tickers, the underlying price reacts strongly off of delta neutral, gamma max, and sometimes both. It's the reaction off of these price levels in the past that is being used to drive trading signals. The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV. # FAQ * These plays are mostly puts. Are you a gay bear? * No. It so happens that the companies have had some recent run-up which implies they are overextended. These trades are primarily some form of mean-reversion either toward or away from an important price level. * Are you entering all these plays? * No. There have been a dearth of plays in the WSB morning talks, and so I opened up my bag of tools slightly wider to point out more plays with a probable edge to help lead apes to more gain porn. Go through this curated list of plays, pick the ones you like based on whatever additional analysis you use, and get that gain porn.
PBF Energy just reported $10.58 EPS, stock priced at $34 premarket.
EOG and FANG have nice movements On the refiner side PBF regularly has very large swings although it’s a shithole company
Your right Price-to-earnings is much more important and thats why $VTNR will be worth a lot more then now with the same earnings as PBF. Your probably new to investing, but I can give you some good advice on what to look out for.
Who tf values an oil co on rev. Absolute clown town valuation. They have 1 tiny (75kbpd) refinery. It’s a refinery for ants. If you think vtnr’s margins are good look at any other refiner. Even a shitco like PBF is printing cash and they do 10x the bpd.
Lots of refiner hurricane FUD check out the relative strength of inland refiners PBF MPC
Not all of it though. Bayway takes alot from north and west african crude and fuel oil out algeria. PBF paulsboro and del city takes some saudi, some canadian and some mexican. Delta trainer is mostly domestic for jet production with random slugs from saudis and west africa and other random bits they use for blending.
Have you looked at gas prices lately? $110 oil is only $2.60/gallon and a lot of the rest is going to the refiners. So the problem with shorting them basis trailing 12mo earnings, is that the consensus FORWARD 12-mo estimate puts VLO at 6x or 7x earnings and the earnings keep getting revised higher. PBF is trading like 3x forward 12 month earnings. 2q refiner earnings reports and forward guidance are going to be wild
PBF puts at 9:30 sharp maybe
$PBF is such a shitter company but man they're flying.
he just might be right this time. $VTNR and $PBF to the moon.