How many subsidiaries does PBF Energy Inc. file with the SEC?

48, listed in its most recent exhibit 21. All of them are incorporated in Delaware. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is PBF Energy Inc. financially healthy?

PBF Energy Inc. scores 3 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of PBF Energy Inc.?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (adding), AQR CAPITAL MANAGEMENT LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

PBF Energy Inc. (PBF)

NYSE · Common Stock · Petroleum Refining

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

petroleum refiner and supplier of unbranded transportation fuels, heating oils, lubricants, petrochemical feedstocks, and other petroleum products

Corporate structure

48 entities across 1 jurisdiction. Read directly from the company’s own 10-K EX-21 filed 2026-02-12 — see the exhibit.

Which other public companies file entities in the same places:

Delaware48

Subsidiaries of PBF Energy Inc. as disclosed in its SEC filing
Entity	Jurisdiction	Note
PBF Energy Company LLC	Delaware
PBF Holding Company LLC	Delaware
PBF Services Company LLC	Delaware
PBF Investments LLC	Delaware
Delaware City Refining Company LLC	Delaware
PBF Power Marketing LLC	Delaware
Paulsboro Refining Company LLC	Delaware
Toledo Refining Company LLC	Delaware
PBF Finance Corporation	Delaware
PBF International Inc.	Delaware
PBF Logistics GP LLC	Delaware
PBF Logistics LP	Delaware
PBF Logistics Finance Corporation	Delaware
PBF Logistics Products Terminals LLC	Delaware
PBFX Operating Company LLC	Delaware
PBF Rail Logistics Company LLC	Delaware
CPI Operations LLC	Delaware
Delaware City Terminaling Company LLC	Delaware
Delaware City Logistics Company LLC	Delaware
Delaware Pipeline Company LLC	Delaware
DCR Storage and Loading LLC	Delaware
Toledo Rail Logistics Company LLC	Delaware
Toledo Terminaling Company LLC	Delaware
PBF Transportation Company LLC	Delaware
Chalmette Refining, L.L.C.	Delaware
MOEM Pipeline LLC	Delaware
Collins Pipeline Company	Delaware
T&M Terminal Company	Delaware
PBF Energy Western Region LLC	Delaware
Torrance Refining Company LLC	Delaware
Torrance Logistics Company LLC	Delaware
Torrance Basin Pipeline Company LLC	Delaware
Torrance Pipeline Company LLC	Delaware
Torrance Valley Pipeline Company LLC	Delaware
Paulsboro Natural Gas Pipeline Company LLC	Delaware
Paulsboro Terminaling Company LLC	Delaware
Chalmette Logistics Company LLC	Delaware
PBFWR Logistics Holdings LLC	Delaware
Martinez Refining Company LLC	Delaware
Martinez Terminal Company LLC	Delaware
Martinez Pipeline Company LLC	Delaware
PBFX Ace Holdings LLC	Delaware
Chalmette Refining Services Company LLC	Delaware
PBF Green Fuels LLC	Delaware
PBF MACH 2 Holding LLC	Delaware
Delaware City Development LLC	Delaware
New Castle Campus Development LLC	Delaware
PBFX Holdings Inc.	Delaware

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

3 / 8

FAILReturn on assets positiveROA -1.2%
FAILOperating cash flow positiveOCF -78M
PASSReturn on assets improving-4.2% → -1.2%
PASSCash flow exceeds earningsOCF -78M vs NI -159M
FAILLong-term debt ratio falling11.5% → 16.5% of assets
FAILCurrent ratio improving1.25 → 1.21
PASSNo share dilution117M → 115M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improving2.61× → 2.25×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$15.1B	−$1.4B	−$827.8M	—	120,660,665
FY2021	$27.3B	$231.0M	$228.2M	—	122,638,154
FY2022	$46.8B	$2.9B	$4.1B	—	126,860,106
FY2023	$38.3B	$2.1B	$678.9M	—	130,509,448
FY2024	$33.1B	−$533.8M	−$347.5M	—	117,111,607
FY2025	$29.3B	−$158.5M	−$783.2M	—	114,915,513

Ownership flow

13 institutions tracked — 7 added, 4 reduced, 2 opened a new position.

Institutional holders of PBF Energy Inc. and their share-count change
Manager	Kind	Shares	Change	Value
FMR LLC	Active fund	2,589,479	+2,497,058	$117.9M
AQR CAPITAL MANAGEMENT LLC	Hedge fund	3,650,630	+2,070,603	$166.2M
BlackRock, Inc.	Index	13,312,561	+1,404,841	$606.0M
MORGAN STANLEY	Active fund	986,471	−551,056	$44.9M
CITADEL ADVISORS LLC	Hedge fund	1,301,038	−459,990	$59.2M
PRICE T ROWE ASSOCIATES INC /MD/	Active fund	131,793	−376,598	$6.0M
GEODE CAPITAL MANAGEMENT, LLC	Index	2,492,272	+348,795	$113.5M
JPMORGAN CHASE & CO	Active fund	552,971	+243,200	$25.9M
STATE STREET CORP	Index	5,514,966	+188,562	$251.0M
BANK OF AMERICA CORP /DE/	Active fund	685,796	−179,219	$31.2M
Bridgewater Associates, LP	Hedge fund	35,622	+26,087	$1.6M

NORGES BANK, Point72 Asset Management, L.P. hold a position with no prior filing to compare against, so their change is unknown rather than zero — and they are left out of the totals above.

From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.

Identity

CIK: 0001534504
LEI: 2549003PBEDCSZMZIY02
FIGI: BBG002832GV8
SIC: 2911 · Petroleum Refining
Incorporated: DE
Headquarters: PARSIPPANY, NJ
Founded: 2008-00-00

Ownership

Institutional: 90.4%
Institutions: 582
Insiders: 13.9%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other petroleum refining companies

PBF Energy Inc. files under SIC 2911 — all 10 petroleum refining companies compared on assets and F-score.

CHEVRON CORPCVX CONOCOPHILLIPSCOP Marathon Petroleum CorpMPC Phillips 66PSX VALERO ENERGY CORP/TXVLO SunocoCorp LLCSUNC

Questions about PBF Energy Inc.

How many subsidiaries does PBF Energy Inc. file with the SEC?: 48, listed in its most recent exhibit 21. All of them are incorporated in Delaware. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is PBF Energy Inc. financially healthy?: PBF Energy Inc. scores 3 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of PBF Energy Inc.?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (adding), AQR CAPITAL MANAGEMENT LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.