PBF Energy Q3 net loss $289.1M; dividend up 10% to $0.275

PBF Energy Inc.

2024-Q3 EPS reported -$2.09 revenue$25,764,000,000

Q3 loss from operations of $386.3M vs income of $1,077.1M in Q3 2023.
Net loss attributable to PBF Energy $285.9M, or $(2.49) per share; adjusted loss $(1.50) per share.
Quarterly dividend increased 10% to $0.275 per share, payable Nov 27 to holders of record Nov 13.
Repurchased ~2.0M shares for ~$75M during Q3; cash $977M, total debt $1.3B at quarter-end.
Q4 throughput guidance 840k-900k bpd; full-year refining capex expected ~$850M.

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