earnings
confidence high
sentiment negative
materiality 0.85
PBF Energy Q1 2025 loss from operations $511.2M; declares $0.275 dividend, sells terminals for $175M
PBF Energy Inc.
2025-Q1 EPS reported
-$3.53
revenue$7,066,400,000
- Q1 2025 loss from operations $511.2M vs income $145.1M in Q1 2024; net loss $401.8M ($3.53/share).
- Partial operations restored at Martinez refinery after Feb fire; full restoration expected in Q4 2025.
- Received $250M net insurance installment for Martinez; property coverage subject to $30M deductible.
- Sold two terminal facilities (Philadelphia and Knoxville) for $175M; includes 1.9M barrels storage.
- Declared quarterly dividend $0.275/share, payable May 29, 2025 to holders on May 15.