PBF Energy Q2 adjusted EPS $2.29; closes Eni biorefinery partnership; declares $0.20 dividend

PBF Energy Inc.

2023-Q2 EPS reported $10.67 revenue$18,452,600,000

Q2 net income $1,020.4M ($7.88/sh); adjusted fully-converted EPS $2.29 vs $10.58 YoY.
Closed Eni 50-50 biorefinery partnership; received $431M at close in Q2 and $414.6M in Q3.
St. Bernard Renewables operational; first renewable diesel sold in July 2023.
Repurchased ~$440M in shares (11.3M shares) to date, including $100M in Q2.
Declared $0.20/share quarterly dividend payable Aug 31 to holders of record Aug 17.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

PBF Energy Inc. reported second quarter ended June 30, 2023 results: net income net income attributable to PBF Energy Inc. of $1,020.4 million or $7.88 per share, EPS $7.88 per share.

Period: second quarter ended June 30, 2023
Net income: net income attributable to PBF Energy Inc. of $1,020.4 million or $7.88 per share
EPS: $7.88 per share
Result: reported results

Exact text from the filing

The company reported second quarter 2023 net income of $1,030.4 million and net income attributable to PBF Energy Inc. of $1,020.4 million or $7.88 per share.

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9 earnings releases filed in the last 30 days. Browse all earnings releases →

PBF Energy Inc. filing history →

Source: SEC EDGAR

accession 0001534504-23-000041

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