PBF Energy Inc. PBF

PBF There is also an unusual rumor that supposedly they hedged wrong but that was not their fault the virus happen.

PBF energy may have hedge in the low 50s for oil then the virus took over and either had to do one or two things sit on that oil or sell it at a loss in the low 20s.

My guess is they are sitting on it because they have not Sold a large quantity of products in regards to gasoline or diesel in March.

All these numbers I believe will be lumped into a single aggregate you really will not be able to tell the difference.... just giving a little bit of color.

They may be OK at that point...but the through output of volume I believe in my humble opinion should be Maybe a low volumel.

Well the market like that hard to tell but knowing them it may go down as a negative.?

PBF plants I believe have been in what is called recycle for the past 30 days what that means is this they are not selling hardly anything in the past 30 days...recycle the term use just to keep the equipment loose and able to run at some point.
That has been that way for the last 30 days in April I think.?

And mid March they did not selling anything throughout most of their facilities just running in recycle.

So it appears to be they technically only ran for January and February all out.. but in mid-March they did not sell hardly any jet fuel or gasoline I think.

In my humble opinion I do not think this quarter is going to be outstanding.

Added more shares

Why isn’t my order being filled @ 6.56?

750 shares at 7.70

E/R tomorrow! Get ready to buy the dip!