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The gross refining margin is the difference between the value of petroleum products when they leave the refinery and the value of the crude oil entering the refinery. Refining Margin per USD Barrel (USD) is calculated as the refining margin divided by the total number of barrels the company produced.
PBF Energy's Refining Margin per USD Barrel (USD) for the quarter that ended in Mar. 2026 was 3.66
, which higher from pervious quarter (Dec. 2025)'s result by -325.93%.
PBF Energy's Refining Margin per USD Barrel (USD) for the annual that ended in Dec. 2025 was -1.87
, which lower from pervious year (Dec. 2024)'s result by -65.49%.
The historical rank and industry rank for PBF Energy's Refining Margin per USD Barrel (USD) or its related term are showing as below:
PBF's Refining Margin per USD Barrel (USD) is not ranked *
in the Oil & Gas industry.
Industry Median: * Ranked among companies with meaningful Refining Margin per USD Barrel (USD) only.
PBF Energy (NYSE:PBF) Refining Margin per USD Barrel (USD) Explanation
The gross refining margin is the difference between the value of petroleum products such as gasoline and diesel when they leave the refinery and the value of the crude oil entering the refinery. Refining Margin per USD Barrel (USD) is a measure of the value contribution of the refinery per unit of input.
PBF Energy Refining Margin per USD Barrel (USD) Related Terms
PBF Energy Refining Margin per USD Barrel (USD) Historical Data
* Premium members only.
The historical data trend for PBF Energy's Refining Margin per USD Barrel (USD) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PBF Energy Refining Margin per USD Barrel (USD) Chart
PBF vs IEP, DK, PARR: Refining Margin per USD Barrel (USD) Comparison
For the Oil & Gas Refining & Marketing subindustry, PBF Energy's Refining Margin per USD Barrel (USD), along with its competitors' market caps and Refining Margin per USD Barrel (USD) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PBF Energy (NYSE:PBF) Refining Margin per USD Barrel (USD) Calculation
Refining Margin per USD Barrel (USD) is calculated as
Refining Margin per USD Barrel (USD)
=
Refining Margin
/
Total Number of Barrels
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Frequently Asked Questions
What does a Refining Margin per USD Barrel (USD) of 3.66 mean?
PBF Energy (PBF) has a Refining Margin per USD Barrel (USD) of 3.66 as of Mar. 2026. Refining Margin per USD Barrel is a measure of the value contribution of the refinery per unit of input. View historical data on PBF Energy and its competitors.
Is PBF Energy's Refining Margin per USD Barrel (USD) too high?
PBF Energy's current Refining Margin per USD Barrel (USD) is 3.66. Overall, PBF Energy has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PBF Energy's Refining Margin per USD Barrel (USD) compare to IEP and DK?
PBF Energy's Refining Margin per USD Barrel (USD) of 3.66 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Refining Margin per USD Barrel (USD) for an Oil & Gas company?
A good Refining Margin per USD Barrel (USD) depends on the Oil & Gas industry context. However, Refining Margin per USD Barrel (USD) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Refining Margin per USD Barrel (USD) mean?
A high Refining Margin per USD Barrel (USD) can signal that a stock is expensive relative to its fundamentals. Refining Margin per USD Barrel is a measure of the value contribution of the refinery per unit of input. View historical data on PBF Energy and its competitors. PBF Energy's current Refining Margin per USD Barrel (USD) is 3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBF Energy stock overvalued right now?
Based on GuruFocus' analysis, PBF Energy (PBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $33.63, compared to a current price of $60.15 — trading 78.8% above its estimated fair value. The current Refining Margin per USD Barrel (USD) is 3.66. PBF Energy's overall GF Score™ is 53/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Refining Margin per USD Barrel (USD) calculated?
Refining Margin per USD Barrel (USD) is calculated from a company's financial statements. For PBF Energy (PBF), the current Refining Margin per USD Barrel (USD) is 3.66 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PBF Energy (PBF) Overvalued in 2026?
Based on GuruFocus' analysis, PBF Energy stock appears to be overvalued.
The current stock price of $60.15 is trading 78.8% above its estimated GF Value™ of $33.63.
GuruFocus considers PBF Energy to be Significantly Overvalued.
Key valuation signals for PBF:
Refining Margin per USD Barrel (USD): 3.66
GF Value™: $33.63 vs. price of $60.15 (78.8% above fair value)
No single metric tells the full story. See the PBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines, and storage facilities. The Logistics segment consists solely of PBFX's operations.
53GF Score
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