Edward Kosnik - PBF Energy Lead Independent Director

PBF Stock  USD 31.78  0.21  0.66%   

Director

Mr. Edward F. Kosnik is an Independent Director of PBF Energy Inc. Mr. Kosnik has served as a director of PBF Energy since February 20, 2013. Since May 2016, Mr. Kosnik has served as the Chairman of our Audit Committee and our Lead Director. For almost 30 years he worked in various fields including banking, insurance, real estate, technology, manufacturing and energy, holding positions that included Chairman, President and CEO, and CFO. Before his retirement in 2001, he most recently served in positions including President and Chief Executive Officer of Berwind Corporationrationration, a diversified, industrial real estate and financial services company, from 1997 until 2001. Previously he served as Executive Vice President and CFO of Alexander and Alexander Inc. from 1994 to 1997 and as Chairman, President and CEO of JWP Inc. from 1992 to 1994. In addition, Mr. Kosnik has served on the boards and audit committees of Steelpath MLP Funds Trust from January 2010 to December 2012, Semgroup Energy Partners LP from July 2008 to November 2009, Premcor Inc. from November 2004 to September 2005, and Buckeye Partners LP from December 1986 to September 2007. Mr. Kosnik also served on Marquette Universitys Board of Trustees and its audit committee from September 2006 to September 2009. since 2017.
Age 74
Tenure 7 years
Address One Sylvan Way, Parsippany, NJ, United States, 07054
Phone973 455 7500
Webhttps://www.pbfenergy.com
Kosnik earned a bachelor degree from Marquette University and a M.B.A. from the Wharton School at the University of Pennsylvania. Following his graduation from Marquette, he served as an officer in the United States Navy.

PBF Energy Management Efficiency

The company has Return on Asset of (0.013) % which means that on every $100 spent on assets, it lost $0.013. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.046) %, meaning that it generated no profit with money invested by stockholders. PBF Energy's management efficiency ratios could be used to measure how well PBF Energy manages its routine affairs as well as how well it operates its assets and liabilities. The PBF Energy's current Return On Tangible Assets is estimated to increase to 0.16. The PBF Energy's current Return On Capital Employed is estimated to increase to 0.30. At this time, PBF Energy's Intangible Assets are most likely to increase significantly in the upcoming years. The PBF Energy's current Net Tangible Assets is estimated to increase to about 6 B, while Non Current Assets Total are projected to decrease to roughly 4.3 B.
PBF Energy has 2.04 B in debt with debt to equity (D/E) ratio of 1.05, which is OK given its current industry classification. PBF Energy has a current ratio of 1.06, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for PBF to invest in growth at high rates of return.

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PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey. PBF Energy operates under Oil Gas Refining Marketing classification in the United States and is traded on New York Stock Exchange. It employs 3418 people. PBF Energy (PBF) is traded on New York Stock Exchange in USA. It is located in One Sylvan Way, Parsippany, NJ, United States, 07054 and employs 3,776 people. PBF Energy is listed under Oil & Gas Refining & Marketing category by Fama And French industry classification.

Management Performance

PBF Energy Leadership Team

Elected by the shareholders, the PBF Energy's board of directors comprises two types of representatives: PBF Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PBF. The board's role is to monitor PBF Energy's management team and ensure that shareholders' interests are well served. PBF Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PBF Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kimberly Lubel, Independent Director
Robert Lavinia, Independent Director
T Davis, Senior Vice President, Supply, Trading and Optimization
S Edwards, Lead Independent Director
Trecia Canty, Senior Vice President, General Counsel, Corporate Secretary
Thomas OConnor, Senior Vice President, Commodity Risk and Strategy
Spencer Abraham, Independent Director
Wendy Tai, Senior Resources
Thomas Nimbley, Chairman of the Board, Chief Executive Officer
Charles Young, Chief Financial Officer, Senior Vice President
Erik Young, CFO and Sr. VP
George Ogden, Independent Director
Paul Davis, Co-Head of Commercial and VP of Crude Oil and Feedstocks
Timothy Davis, Trading Supply
Edward Kosnik, Lead Independent Director
John Barone, Chief Controller
Matthew Lucey, CEO President
Thomas OMalley, Executive Chairman and Chairman of PBF Logistics
Karen CPA, Senior CFO
Michael Bukowski, Senior Refining
James Fedena, Renewable Logistics
Steven Steach, Senior Refining
Paul Donahue, Independent Director
William Hantke, Independent Director
Karen Davis, Independent Director
Colin Murray, Director - Investor Relations
Wayne Budd, Independent Director
Herman Seedorf, Senior Vice President - Refining

PBF Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PBF Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether PBF Energy is a strong investment it is important to analyze PBF Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PBF Energy's future performance. For an informed investment choice regarding PBF Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PBF Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in PBF Stock please use our How to Invest in PBF Energy guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PBF Energy. If investors know PBF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PBF Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.70)
Dividend Share
1
Earnings Share
(2.34)
Revenue Per Share
295.208
Quarterly Revenue Growth
(0.22)
The market value of PBF Energy is measured differently than its book value, which is the value of PBF that is recorded on the company's balance sheet. Investors also form their own opinion of PBF Energy's value that differs from its market value or its book value, called intrinsic value, which is PBF Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PBF Energy's market value can be influenced by many factors that don't directly affect PBF Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PBF Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PBF Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PBF Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.