Investing.com - PBF Energy (NYSE:PBF) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
PBF Energy announced earnings per share of $7.96 on revenue of $12.76. Analysts polled by Investing.com anticipated EPS of $6.18 on revenue of $10.23B.
PBF Energy shares are down 4% from the beginning of the year, still down 2.94% from its 52 week high of $46.13 set on October 20.
PBF Energy follows other major Energy sector earnings this month
PBF Energy's report follows an earnings beat by Schlumberger on October 21, who reported EPS of $0.63 on revenue of $7.5B, compared to forecasts EPS of $0.5507 on revenue of $7.1B.
Valero Energy had missed expectations on Tuesday with third quarter EPS of $7.14 on revenue of $44.45B, compared to forecast for EPS of $7.33 on revenue of $38.86B.
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