earnings
confidence high
sentiment positive
materiality 0.70
PBF Energy Q1 GAAP net income $198.3M ($1.65/sh); adj loss $0.88/sh, dividend $0.275
PBF Energy Inc.
2026-Q1 EPS reported
$1.65
revenue$7,904,300,000
- GAAP net income of $198.3M ($1.65 EPS) vs Q1 2025 net loss of $401.8M (-$3.53); ops income $299.6M.
- Excluding special items, adjusted fully-converted net loss $102.4M (-$0.88/sh) vs prior year loss $353.6M (-$3.09).
- Martinez refinery restart expected to reach full planned rates in early May; received $106.5M insurance installment, total $1.0B.
- Declared quarterly dividend $0.275/sh, payable May 29 to holders of record May 14.
- Q2 throughput guidance 850k-910k bpd; RBI program run-rate cost improvements targeted >$350M by year-end 2026.