Current PBF Stock Info

PBF purchases Chalmette Refinery and other assets for $322 million
PBF Energy (ticker: PBF) announced today that its subsidiary has signed an agreement to purchase Chalmette Refining, LLC in New Orleans, Louisiana for $322 million plus working capital including inventory to be valued at closing, according to a company press release.  The purchase includes the refinery, which has a 189 MBOPD throughput capacity, and related logistics assets from ExxonMobil (ticker: XOM) and PDV Chalmette, LLC.

The transaction is expected to be 20% accretive ...

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