secwatch.observer — SEC 8-K summary
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Issuer:     PBF Energy Inc. (PBF)
CIK:        0001534504
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001534504-23-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534504/000153450423000049/0001534504-23-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534504/000153450423000049/pbf-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001534504-23-000049

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