PBF Energy Q3 net income $786.4M, EPS $6.11; dividend raised 25% to $0.25

PBF Energy Inc.

2023-Q3 EPS reported $16.76 revenue$29,186,100,000

Q3 income from operations $1,077.1M ($1,145.6M excl. special items); YoY decline from $1,400M.
Net income attributable $786.4M or $6.11/share vs $8.40 in Q3 2022.
Quarterly dividend increased 25% to $0.25/share; payable Nov 30 to holders of record Nov 15.
Repurchased ~$115M of stock in Q3; $590M cumulative under $1B program.
St. Bernard Renewables biorefinery JV profitable first full quarter; Q4 production impacted by catalyst change.

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 0.9

PBF Energy Inc. reported the third quarter ended September 30, 2023 results: net income $794.1 million, EPS $6.11 per share.

Period: the third quarter ended September 30, 2023
Net income: $794.1 million
EPS: $6.11 per share
Result: reported results

Exact text from the filing

PBF Energy Inc. (NYSE:PBF) today reported third quarter 2023 income from operations of $1,077.1 million as compared to income from operations of $1,400.0 million for the third quarter of 2022. Excluding special items, third quarter 2023 income from operations was $1,145.6 million as compared to income from operations of $1,403.0 million for the third quarter of 2022. The company reported third quarter 2023 net income of $794.1 million and net income attributable to PBF Energy Inc. of $786.4 million or $6.11 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 0001534504-23-000049

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