secwatch.observer — SEC 8-K summary
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Issuer:     PBF Energy Inc. (PBF)
CIK:        0001534504
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001534504-24-000022
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PBF Energy Q1 operating income falls to $145M from $532M; EPS $0.86 vs $2.86
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- Net income $106.6M ($0.86/sh) vs $382.1M ($2.86/sh) in Q1 2023; adjusted EPS $0.85.
- Declared $0.25/sh quarterly dividend, payable May 30 to holders of record May 16.
- Repurchased 2.6M shares for ~$125M in Q1.
- SBR renewable diesel averaged 18,000 bpd; CARB provisional CI approval improves economics.
- Q2 throughput guidance 870,000-930,000 bpd; full-year refining capex $800-850M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534504/000153450424000022/0001534504-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534504/000153450424000022/pbf-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001534504-24-000022

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