COMPARE · Reviewed August 3, 2026

PBF vs VET

Verdict: Side-by-side breakdown using the Bull Rankings model. PBF scored 66.2, VET scored 65.4 — PBF leads.
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Different reporting periods. PBF's fundamentals are as of June 2026, but VET's are as of December 2025 — a 6-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
PBF
PBF Energy Inc.
Oil & Gas Refining & Marketing · Quality-Growth
66.2
$67.91 · $8.0B
fundamentals as of
Score gap
0.8
PBF leads
VET
Vermilion Energy Inc.
Oil & Gas E&P · Quality-Growth
65.4
$11.55 · $1.8B
fundamentals as of
THE BULL RANKINGS SCORECARD66/ 100 · BULL SCOREPEER MEDIANQUALITY68GROWTH50VALUE85
THE BULL RANKINGS SCORECARD65/ 100 · BULL SCOREPEER MEDIANQUALITY65GROWTH50VALUE100
PBF
stronger →← stronger
VET
68
Qualityreturns · margins · balance sheet
65
50
Growthrevenue & earnings expansion
50
85
Valuevaluation vs sector peers
100
PBF and VET split the three pillars evenly.
PBF
VET
$743mC+
FCF
$1.0bC+
+13.5%B+
Rev
+14.1%B+
0.64B
D/E
0.63B
6.0xA
P/E
P/S
1.3xB+
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
PBF
VET
11% below
Price vs fair valuelower is cheaper
91% below
~-4%/yr
Growth the price implies10-yr FCF · lower = less priced in
decline
+25%
1-yr DCF upside
+838%
+13%
5-yr DCF upside
+981%
-3%
10-yr DCF upside
+1226%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
PBF
Why this score
  • Cyclical growth
VET
Why this score
  • Raising its dividend
  • Cyclical growth
  • Short track record
  • Foreign reporter (CAD)
PBFPBF Energy Inc.
Oil & Gas Refining & Marketing · $67.91 · beta 0.08
Why now
Oil & Gas Refining & Marketing · market cap $8.0b. 9% off the 52-week high of $74.74. Revenue growing +14%, comfortably above the S&P median. 13 sell-side analysts rate this a Hold with a mean 1-yr target of $60.54 (implying -11% upside).
Moat
ROE 21% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately.
Risk
Net margin 3.9% is thin — operating leverage cuts both ways; input-cost inflation or pricing pressure hits the bottom line first. Commodity exposure — earnings power tracks the price of the underlying commodity, not management execution. A 15-20% move in the commodity reprices the equity well before fundamentals catch up.
VETVermilion Energy Inc.
Oil & Gas E&P · $11.55 · beta 0.49
Why now
Oil & Gas E&P · market cap $1.8b. Down 22% from 52-week high of $14.82 — deep drawdown territory. Revenue growing +14%, comfortably above the S&P median.
Moat
Turnaround / out-of-favor name — GAAP-unprofitable for now, so the durability case is forward-looking: it rests on a recovery (margin normalization, a cyclical upturn or restructuring) or an un-monetized asset (IP / network effects / first-mover position) rather than on current reported results.
Risk
Currently unprofitable (margin -37.0%) — path to GAAP profitability is the core thesis risk. ROE -29% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate. Jurisdictional + permitting risk — mining and extraction operations concentrate exposure to political stability, royalty regimes, and environmental review timelines that can stall production for years.
Generating verdict… typically 5–10 seconds
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