earnings
confidence high
sentiment negative
materiality 0.80
PBF Energy Q2 net loss $5.2M ($0.05/sh); adj. loss $1.03/sh; declares $0.275 dividend
PBF Energy Inc.
2025-Q2 EPS reported
-$3.58
revenue$14,541,700,000
- Q2 2025 GAAP income from operations $43.0M; adjusted loss from ops $110.0M; net loss $5.2M ($0.05/sh) vs loss $65.2M ($0.56/sh) in Q2 2024.
- Adjusted fully-converted net loss $118.5M ($1.03/sh) excluding special items; special items included $113.2M after-tax benefit from Martinez insurance and SBR inventory adj.
- Quarterly dividend of $0.275 per share declared, payable Aug 28 to holders of record Aug 14.
- Martinez refinery partial ops restored at 85k-105k bpd; restart of remaining units expected by year-end 2025; received $250M net insurance proceeds in Q2.
- Sold two terminal assets in Philadelphia and Knoxville for $175M; Q3 close expected. Full-year capex guided $750-775M.
item 2.02item 9.01