How Volatile is PBF Energy Compared with Peers?



PBF Energy stock’s beta

In this part, we’ll compare PBF Energy (PBF) stock’s beta with that of other downstream stocks. We’ve considered the 90-day beta, which depicts how much a stock moves with a given move in the market (SPY) (SPX-INDEX) for 90 days. PBF Energy’s 90-day beta was 2.1.

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Peers’ beta

PBF’s beta is higher than that of peers Tesoro (TSO), Valero Energy (VLO), and Phillips 66 (PSX), whose betas are 1.4, 1.7, and 1.2, respectively. Contrarily, Delek US Holdings (DK), CVR Refining (CVRR), and Alon USA Energy (ALJ) have higher betas, of 2.7, 3.2, and 2.5, respectively.


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