U.S. diesel prices reached $6.276/gallon in October 2026, with tight global supply and elevated crack spreads expected to persist through 2027. Sky Quarry's Eagle Springs Refinery in Nevada began production with crack spreads of $133-$136/barrel, while major refiners including PBF Energy, CVR Energy, Marathon Petroleum, and Calumet reported strong second-quarter results driven by robust refining margins amid global distillate fuel shortages.
PBF
PBF ENERGY INC. · NYSE
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20 latestPBF Energy is expected to report Q3 2026 earnings of $11.12 per share, representing a 2238.5% year-over-year increase, with revenues projected at $10.34 billion, up 35.1%. The company has a positive Earnings ESP of +0.34% combined with a Zacks Rank #1, suggesting a likely earnings beat. PBF Energy has beaten consensus estimates in 3 of the last 4 quarters, most recently delivering a 53.58% surprise.
PBF Energy is highlighted as a strong momentum pick with a Zacks Rank #1 (Strong Buy) rating and Momentum Style Score of B. The stock has significantly outperformed the market and its industry, rising 36.07% over the past quarter and 195.79% over the past year. Earnings estimates have been revised upward over the past two months, with consensus estimates increasing from $16.57 to $24.88.
Zacks recommends PBF Energy (PBF) as a top growth stock, citing its Grade A Growth Score and Zacks Rank #1 rating. The company is projected to achieve 697.9% EPS growth this year, significantly outpacing the industry average of 228.3%, with strong asset utilization and positive earnings estimate revisions.
PBF Energy Inc., an independent crude oil refiner, has been identified as a #1 Strong Buy on the Zacks Rank with a VGM Score of A. The company is forecasted to achieve 697.8% year-over-year earnings growth for the current fiscal year, with five analysts revising earnings estimates upward in the last 60 days. The Zacks Consensus Estimate has increased to $24.69 per share for fiscal 2026.
PBF Energy (PBF), an independent crude oil refiner, has been added to the Zacks Rank #1 (Strong Buy) list. Five analysts revised earnings estimates upward in the last 60 days, with consensus estimates increasing to $24.69 per share.
The company is expected to see 697.8% earnings growth and 33.4% revenue growth for fiscal 2026, with a 123.4% average earnings surprise. PBF has gained 17.9% over the past four weeks, significantly outperforming the S&P 500's 1.4% gain.
Amid elevated market volatility and high oil prices driven by Middle East tensions, investors are advised to increase allocation to low-beta stocks. Four energy companies—BP, PBF Energy, Valero Energy, and Marathon Petroleum—are highlighted as strong candidates due to their low volatility relative to the market and positive fundamentals including upcoming production projects, high refinery utilization, diverse crude sourcing, and strong cash flow generation.
PBF Energy shares surged 189.4% over the past year, outperforming peers and the industry. The company's Martinez refinery restart, stronger diesel margins, and cost-saving initiatives support projected 698% earnings growth in 2026. Despite significant appreciation, PBF trades at a discount (5.69X EV/EBITDA vs. industry 6.25X), offering attractive valuation for investors.
A comparison of two oil and gas refining stocks shows PBF Energy presents a better value opportunity than Neste OYJ. Both companies hold a Zacks Rank #1 (Strong Buy) with positive earnings outlooks, but PBF's superior valuation metrics—including a forward P/E of 3.41 versus NTOIY's 10.26, a PEG ratio of 0.06 versus 0.18, and a P/B ratio of 1.53 versus 2.81—earn it an A Value grade compared to NTOIY's C grade.
The article identifies five stocks with low price-to-sales ratios and strong fundamentals as potential value investments: HF Sinclair, Innoviva, Par Pacific Holdings, Genworth Financial, and PBF Energy. All five companies meet screening criteria including low valuations relative to industry peers, solid financial metrics, and positive Zacks Rank ratings, suggesting they may offer attractive returns for value-focused investors.
Hewlett Packard Enterprise, PBF Energy, and NetApp have all reached all-time highs following strong quarterly results. HPE reported 34% YoY revenue growth to $12.2B and 55% EPS growth, driven by Cloud & AI and Networking businesses.
PBF Energy showed a dramatic turnaround with adjusted EPS of $6.22 versus a loss last year, benefiting from favorable refining margins. NetApp posted 30% YoY revenue growth to $2.0B with 75% EPS growth, highlighted by record all-flash array revenue. All three stocks hold Zacks Rank #1 (Strong Buy) ratings.
Hewlett Packard Enterprise (HPE), PBF Energy (PBF), and NetApp (NTAP) are trading at or near all-time highs following strong quarterly results and positive earnings revisions. HPE reported 34% YoY revenue growth and 55% EPS growth driven by Cloud & AI and Networking businesses.
PBF Energy posted a dramatic turnaround with adjusted EPS of $6.22 versus a loss last year, benefiting from favorable refining margins. NetApp delivered 30% YoY revenue growth and 75% earnings growth, with record performance in all-flash arrays and public cloud services. All three stocks hold Zacks Rank #1 (Strong Buy) ratings.
A $1,000 investment in PBF Energy made in October 2016 would be worth $3,636.93 as of October 2, 2026, representing a 263.69% gain and outperforming the S&P 500's 253.57% return. The independent refiner operates six refineries across the U.S. and benefits from tight product markets and restored West Coast capacity, though risks include renewable fuel compliance costs and regulatory investigations.
Zacks highlights four GARP (growth at a reasonable price) stocks as attractive investment opportunities in a challenging market environment marked by elevated Treasury yields and inflation concerns. The featured stocks—Marathon Petroleum, PBF Energy, Ultrapar Participacoes, and Repsol—combine reasonable valuations with solid earnings growth potential, offering a hybrid approach between value and growth investing strategies.
The article recommends a GARP (Growth at a Reasonable Price) investment strategy that combines value and growth investing principles. Four stocks are highlighted as meeting screening criteria with low PEG ratios, discounted valuations, and strong growth potential: Marathon Petroleum (53.3% expected growth), PBF Energy (55.2% five-year growth), Ultrapar Participações (21.4% growth), and Repsol (21% growth). All four stocks carry Zacks Rank #1 or #2 ratings with Value and Growth scores of A or B.
PBF Energy is recommended as a growth stock with a Zacks Rank #1 (Strong Buy) and Growth Score of A. The company demonstrates exceptional earnings growth prospects with projected EPS growth of 647.5% versus industry average of 193.8%, efficient asset utilization with an S/TA ratio of 2.48 compared to industry average of 1.77, and positive earnings estimate revisions with current-year estimates surging 43.7% over the past month.
Zacks Premium offers investment research tools including the Zacks Rank and Style Scores to help investors identify high-performing stocks. The Zacks Rank #1 (Strong Buy) stocks have averaged +23.8% annual returns since 1988, outperforming the S&P 500.
Style Scores rate stocks on value, growth, and momentum characteristics to help narrow down the best investment opportunities. PBF Energy is highlighted as a #1 Strong Buy with an A VGM Score.
Zacks Premium offers Style Scores (Value, Growth, Momentum, and VGM) that work alongside the Zacks Rank to help investors identify stocks with the highest probability of outperformance. The Zacks Rank #1 (Strong Buy) stocks have averaged +23.8% annual returns since 1988. PBF Energy is highlighted as a #1 Strong Buy with an A VGM Score and attractive valuation metrics.
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HF Sinclair (DINO) is expected to report Q3 2026 earnings on Oct. 28 with projected EPS of $7.99 (up 227.5% YoY) and revenues of $7.5B (up 2.8% YoY). Strong refining margins are supported by supply disruptions, constrained capacity, and low inventories, though elevated crude oil prices may offset gains. The stock trades at a premium valuation (EV/EBITDA of 6.64X) but maintains a Zacks Rank #1 rating.
Valero Energy (VLO) reported exceptional third-quarter 2026 results with adjusted EPS surging 553% to $23.90 and revenues jumping 43.3% to $46.10 billion. The company benefited from substantially stronger refining margins, particularly in gasoline and distillate products, with refining margin per barrel reaching $39.24. Renewable diesel and ethanol segments also showed improved profitability, while operating cash flow hit $6.93 billion.
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