PBF Energy's 15min chart shows MACD and KDJ Death Cross signals.

PBF Energy's 15-minute chart has recently exhibited two significant technical indicators, namely the MACD Death Cross and KDJ Death Cross, as of August 5, 2025, at 13:45. These indicators suggest that the stock price has the potential to continue its downward trajectory, with the momentum of the stock price shifting towards the downside and poised to further decline.

PBF Energy (NYSE: PBF) reported mixed results for its second quarter of 2025, with revenue surpassing expectations but a net loss narrowing significantly. The company's stock, however, has faced technical challenges, as indicated by the MACD and KDJ Death Crosses on its 15-minute chart as of August 5, 2025, at 13:45. These indicators suggest a potential continuation of the downward trend in stock price.

Financial Performance

PBF Energy's revenue for the second quarter 2025 was $7.48 billion, a 14% decrease from the same period in 2024. The net loss narrowed to $5.20 million, a 92% improvement from the previous quarter, with earnings per share (EPS) improving to $0.046 from $0.56 [1]. Despite these financial improvements, the stock price has declined, indicating investor concerns over broader market conditions and future profitability [2].

Operational Progress

The company's Martinez refinery is expected to fully restart by year-end, contributing to operational improvements and cost savings. PBF Energy aims to achieve $230 million in run-rate savings by 2025 through its Refining Business Improvement initiative. The company's adjusted net loss of $1.03 per share was better than analysts' expectations, and revenue growth exceeded forecasts [2].

Market Reaction and Technical Indicators

Despite better-than-expected earnings and revenue, PBF Energy's stock fell by 5.52% in pre-market trading, closing at $24.02. The MACD Death Cross and KDJ Death Cross on the 15-minute chart suggest a potential continuation of the downward trend in stock price, indicating a shift in momentum towards the downside [1].

Future Outlook

Looking ahead, PBF Energy expects a constructive refining environment, with plans to restart the Martinez refinery by year-end. The company is targeting $230 million in run-rate savings by 2025 through its Refining Business Improvement initiative. While nine analysts have recently revised their earnings estimates downward, PBF Energy maintains a "Fair" overall financial health score of 2.18 out of 5 according to InvestingPro metrics [2].

Risks and Challenges

Potential gasoline shortages in California, global distillate supply and demand imbalances, and delays in refinery restarts could impact operations. Insurance negotiations related to the Martinez incident remain unresolved, posing additional risks [2].

Conclusion

PBF Energy's second quarter results show resilience amid challenging market conditions. However, the company's stock faces technical challenges, as indicated by the MACD and KDJ Death Crosses. Investors should closely monitor the company's progress and the broader market conditions to assess future performance.

References

[1] https://finance.yahoo.com/news/pbf-energy-second-quarter-2025-123151812.html

[2] https://www.investing.com/news/transcripts/earnings-call-transcript-pbf-energy-q2-2025-reports-narrower-loss-stock-dips-93CH-4163831