secwatch.observer — SEC 8-K summary
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Issuer:     PBF Energy Inc. (PBF)
CIK:        0001534504
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001534504-23-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534504/000153450423000009/0001534504-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534504/000153450423000009/pbf-20230216.htm
  HTML page:      https://secwatch.observer/filing/0001534504-23-000009

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