secwatch.observer — SEC 8-K summary
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Issuer:     PBF Energy Inc. (PBF)
CIK:        0001534504
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0001534504-25-000045
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PBF Energy Q2 net loss $5.2M ($0.05/sh); adj. loss $1.03/sh; declares $0.275 dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534504/000153450425000045/0001534504-25-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534504/000153450425000045/pbf-20250731.htm
  HTML page:      https://secwatch.observer/filing/0001534504-25-000045

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