secwatch.observer — SEC 8-K summary
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Issuer:     PBF Energy Inc. (PBF)
CIK:        0001534504
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001534504-24-000037
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534504/000153450424000037/0001534504-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534504/000153450424000037/pbf-20241031.htm
  HTML page:      https://secwatch.observer/filing/0001534504-24-000037

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