---
schema_version: "secwatch.filing_event.v1"
accession: "0001534504-22-000044"
form_type: "8-K"
ticker: "PBF"
cik: "0001534504"
company_name: "PBF Energy Inc."
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:30:35.368816+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# PBF Energy Q2 income from operations $1.7B, EPS $9.65; announces acquisition of PBF Logistics units

## Summary
- Q2 2022 income from operations $1,706.6M vs $147.5M YoY; net income $1,235.8M ($9.65/share).
- Adjusted fully-converted net income $1,329.2M ($10.58/share) vs net loss of $152.6M in Q2 2021.
- Reduced consolidated debt by over $2.2B in Q2; net debt to capitalization improved to 24% from 59% at year-end 2021.
- Agreed to acquire remaining ~52% public stake in PBF Logistics LP (NYSE:PBFX) for a mix of PBF stock and cash.
- Full-year 2022 refining capex expected $500-550M; throughput guidance 895,000-955,000 bpd.

## SEC filing metadata
- accession: 0001534504-22-000044
- form_type: 8-K
- ticker: PBF
- cik: 0001534504
- company_name: PBF Energy Inc.
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534504/000153450422000044/0001534504-22-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534504/000153450422000044/pbf-20220728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001534504-22-000044
- JSON: https://secwatch.observer/filing/0001534504-22-000044.json
- Plain text: https://secwatch.observer/filing/0001534504-22-000044.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.