---
schema_version: "secwatch.filing_event.v1"
accession: "0001534504-23-000009"
form_type: "8-K"
ticker: "PBF"
cik: "0001534504"
company_name: "PBF Energy Inc."
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:21:14.086405+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# PBF Energy Q4 operating income $955.6M, adj EPS $4.41; declares $0.20 dividend; JV with Eni for renewables

## Summary
- Q4 income from operations $955.6M ($873.0M ex-special items); net income $637.8M ($4.86 per share).
- Adjusted fully-converted EPS $4.41 vs $1.28 in Q4 2021; full-year 2022 adjusted EPS $23.36.
- Declares quarterly dividend of $0.20 per share, payable March 16, 2023 to holders of record March 1.
- Announces 50-50 JV with Eni Sustainable Mobility for St. Bernard Renewables; Eni to contribute $835M plus up to $50M.
- Reduced consolidated debt by over $2.3B in 2022; repurchased ~$189M in shares to date.

## SEC filing metadata
- accession: 0001534504-23-000009
- form_type: 8-K
- ticker: PBF
- cik: 0001534504
- company_name: PBF Energy Inc.
- filed_at: 2023-02-16T23:59:59+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/1534504/000153450423000009/0001534504-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534504/000153450423000009/pbf-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001534504-23-000009
- JSON: https://secwatch.observer/filing/0001534504-23-000009.json
- Plain text: https://secwatch.observer/filing/0001534504-23-000009.txt

## Key facts
- Earnings Releases
  PBF Energy Inc. reported fourth quarter ended December 31, 2022 results: net income $656.1 million, EPS $4.86 per share.
  - Period: fourth quarter ended December 31, 2022
  - Net income: $656.1 million
  - EPS: $4.86 per share
  - Result: reported results
  source text: The company reported fourth quarter 2022 net income of $656.1 million and net income attributable to PBF Energy Inc. of $637.8 million or $4.86 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534504/000153450423000009/0001534504-23-000009-index.htm

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