Highest-materiality recent filing
PBF Energy Q1 GAAP net income $198.3M ($1.65/sh); adj loss $0.88/sh, dividend $0.275
GAAP net income of $198.3M ($1.65 EPS) vs Q1 2025 net loss of $401.8M (-$3.53); ops income $299.6M.
PBF Energy shareholders elect all 11 directors, approve all proposals at 2026 annual meeting
All 11 director nominees elected with at least 83.1M votes in favor; Lawrence M. Ziemba had highest against count at 13.9M.
Q4 income from operations $128.0M (ex-specials $99.4M); net income $78.4M ($0.66/share) vs Q4 2024 loss of $289.3M ($2.54/share loss).
PBF delays Martinez restart to March 2026; issues 2026 throughput guidance
Martinez refinery restart delayed to early March 2026; previously expected year-end 2025.
PBF Energy reports Q3 net income of $171.7M vs year-ago loss; declares $0.275 dividend
Net income $171.7M ($1.45/share) vs net loss $289.1M ($(2.49)/share) in Q3 2024.
PBF Energy approves long-term incentive grants to named executives; CEO Lucey gets $5.8M total
CEO Matthew Lucey: $2.3M restricted stock, $1.73M PSUs, $1.73M performance units; total ~$5.8M.
PBF Energy CFO Karen Davis to retire Sept 30; Treasurer Joseph Marino named successor
Karen B. Davis retires as CFO/CAO effective Sept 30, 2025; will join Board as non-independent director Oct 1.
PBF Energy Q2 net loss $5.2M ($0.05/sh); adj. loss $1.03/sh; declares $0.275 dividend
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.
PBF Energy stockholders elect all 10 directors, approve say-on-pay and 2025 equity plan
All 10 director nominees elected; Lawrence Ziemba received 76.0M for, 22.7M against.
PBF Energy Q1 2025 loss from operations $511.2M; declares $0.275 dividend, sells terminals for $175M
Q1 2025 loss from operations $511.2M vs income $145.1M in Q1 2024; net loss $401.8M ($3.53/share).
PBF Energy closes $800M 9.875% senior notes offering due 2030, proceeds to repay revolver
Issued $800M aggregate principal of 9.875% Senior Notes due 2030 at issue price of 98.563%.
PBF Energy subsidiary prices $800M 9.875% senior notes due 2030
Upsized $800M aggregate principal of 9.875% senior unsecured notes due 2030 priced at 98.563%.
PBF Energy announces $750M senior notes offering due 2030 to repay ABL borrowings
PBF Holding and PBF Finance to offer $750M aggregate principal of senior unsecured notes due 2030.
Employment agreement with Thomas Nimbley will terminate on June 30, 2025, ending his employment.
PBF Energy intends to restart Martinez refinery in two stages; insurance coverage expected
Refinery (157,000 bpd) shut since Feb 1 fire; crude unit restart early Q2 2025, full restart by Q4 2025.
PBF Energy Q4 loss $383.2M, dividend $0.275, Martinez refinery fire
Q4 loss from operations $383.2M vs $47.2M loss in Q4 2023; net loss $289.3M ($2.54/share).
PBF Energy issues FY2025 guidance in investor presentation; figures not disclosed in filing
Issued investor presentation with 2025 financial guidance on January 3, 2025.
PBF grants ~$15.8M in long-term equity and cash incentive awards to named executives for 2025-2027
Approximately $7.4M in restricted stock granted to CEO, Executive Chairman, and four other named executive officers.
PBF Energy Q3 net loss $289.1M; dividend up 10% to $0.275
Q3 loss from operations of $386.3M vs income of $1,077.1M in Q3 2023.
PBF Energy Q2 2024 net loss $0.56/share vs profit $7.88 last year; declares $0.25 dividend
Q2 2024 loss from operations $74.6M vs income $1,389.2M in Q2 2023; net loss $66.0M, EPS $(0.56) vs net income $1,030.4M, EPS $7.88.
PBF Energy Q1 operating income falls to $145M from $532M; EPS $0.86 vs $2.86
Net income $106.6M ($0.86/sh) vs $382.1M ($2.86/sh) in Q1 2023; adjusted EPS $0.85.
PBF Energy annual meeting elects directors; say-on-pay and auditor ratification approved
All 10 director nominees elected; Spencer Abraham received 17.3M against votes and S. Eugene Edwards 16.8M against.
On March 10, 2025, subject to his re-election at the 2025 Annual Meeting, the Board of Directors of PBF Energy approved Mr. Nimbley’s appointment as PBF Energy’s non-executive Chairman of the Board effective July 1, 2025 (the “Effective Date”).
Max materiality 0.90 · Median 0.68 · Most common event earnings