|Day's Range||19.84 - 20.47|
|52 Week Range||19.47 - 30.98|
|PE Ratio (TTM)||11.61|
|Earnings Date||Jul 27, 2017 - Jul 31, 2017|
|Dividend & Yield||1.20 (5.96%)|
|1y Target Est||25.94|
PARSIPPANY, N.J., May 26, 2017 /PRNewswire/ -- PBF Energy Inc. (PBF) today announced that the previously announced cash tender offer (the "offer") by its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), to purchase any and all of the outstanding 8.25% Senior Secured Notes due 2020 (CUSIP:69318FAB4) (the "Notes") issued by PBF Holding and PBF Finance Corporation expired at 5:00 p.m., New York City time, on May 26, 2017 (the "Expiration Time"). According to information provided by Global Bondholder Services Corporation, the depositary and information agent for the tender offer, $247,835,000 aggregate principal amount of the Notes were validly tendered on or before the Expiration Time and not validly withdrawn, which amount excludes $5,102,000 aggregate principal amount of the Notes that remain subject to guaranteed delivery procedures.
Short interest as a percentage of outstanding shares in MPC fell from 2.3% in mid-April to 2.1% in mid-May. Usually, this indicates bearishness on a stock.
PARSIPPANY, N.J., May 22, 2017 /PRNewswire/ -- PBF Energy Inc. (PBF) ("PBF Energy") announced today that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), priced $725 million in aggregate principal amount of 7.25% senior notes due 2025 (the "Notes") in a private offering. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding. PBF Holding intends to use the net proceeds from the offering to fund the previously announced cash tender offer for any and all of its outstanding 8.25% senior secured notes due 2020 (the "2020 Notes"), pay the related redemption price and accrued and unpaid interest for any 2020 Notes that remain outstanding after the completion or termination of the tender offer, and for general corporate purposes.