Welcome to our dedicated page for Pbf Energy news (Ticker: PBF), a resource for investors and traders seeking the latest updates and insights on Pbf Energy stock.
PBF Energy Inc. (NYSE: PBF) is one of the largest independent petroleum refiners in North America, operating refineries and related facilities in California, Delaware, Louisiana, New Jersey and Ohio. The PBF Energy news feed on this page brings together company-issued press releases and other coverage that reflect how this refining and logistics business evolves over time.
Readers can follow PBF Energy news related to refinery operations, financial performance, capital allocation and strategic initiatives. Recent communications have included updates on the Martinez, California refinery following a February 1, 2025 fire, including rebuild progress, expected throughput ranges and the role of property and business interruption insurance in addressing repair costs and downtime. The company also reports on the sale of non-core terminal assets, dividend declarations and guidance for refining throughput across its East Coast, Mid-continent, Gulf Coast and West Coast regions.
News items frequently cover quarterly earnings announcements, where PBF discusses income from operations, net income or loss, and the impact of special items such as insurance recoveries, asset sales and costs associated with specific events or initiatives. Releases also describe the company’s Refining Business Improvement initiative, which focuses on improving reliability and efficiency across its refining system, and provide context on capital expenditure plans and turnaround schedules.
PBF Energy regularly announces participation in industry and investor conferences, such as events hosted by Goldman Sachs, TD Cowen, Mizuho and Citi, where members of management present the company’s outlook and strategy. Updates on corporate governance and leadership, including changes in senior finance roles and long-term incentive awards for named executive officers, are also disclosed through news and related SEC filings. Investors and observers can use this page to track these developments and review the company’s own descriptions of its refining operations, logistics activities and its 50% partnership in the St. Bernard Renewables joint venture focused on next generation sustainable fuels.
PBF Energy Inc. (NYSE:PBF) announced its participation in two upcoming virtual conferences: the Sankey Research Virtual Refining Conference on January 3, 2022, and the Goldman Sachs Global Energy and Clean Technology Conference on January 5-6, 2022. PBF Energy operates major oil refineries across North America, including facilities in California, Delaware, Louisiana, New Jersey, and Ohio. The company aims to ensure safe and environmentally responsible operations while delivering value to investors. Additionally, PBF Energy holds approximately 48% of PBF Logistics LP (NYSE: PBFX).
PBF Energy Inc. (NYSE:PBF) will participate in the Cowen 2021 Energy Summit virtually on December 2, 2021. This event will feature members of the management team engaging with investors and industry analysts. PBF Energy is one of the largest independent refiners in North America, with operations across several states including California, Delaware, Louisiana, New Jersey, and Ohio. The company holds a significant interest in PBF Logistics LP (NYSE: PBFX), reinforcing its position in the energy sector.
PBF Energy reported a third quarter 2021 income from operations of $100.9 million, rebounding from a loss of $342.7 million in Q3 2020. Net income was $78.7 million, or $0.49 per share, compared to a net loss of $397.8 million in the same period last year. The results reflect improved demand, despite challenges from Hurricane Ida and regulatory issues impacting the refining sector. The company has reduced consolidated debt by approximately $304 million and maintains operational liquidity over $2.6 billion. PBF plans a renewable fuels project at its Chalmette refinery to enhance growth.
PBF Energy Inc. (NYSE:PBF) will announce its third-quarter earnings on October 28, 2021. A conference call and webcast for discussing quarterly results and other business matters will follow at 8:30 a.m. ET. Investors can access the call via PBF Energy's website or by phone at (877) 869-3847. PBF Energy is a leading independent refiner in North America, operating refineries across states like California, Delaware, and Louisiana. The company also holds a significant stake in PBF Logistics LP (NYSE:PBFX).
PBF Energy Inc. (NYSE:PBF) will participate in the Barclays CEO Energy-Power Conference on September 9, 2021. The company, a leading independent refiner in North America, operates refineries across several states including California, Delaware, and Louisiana. PBF Energy emphasizes safe and environmentally responsible operations while also owning about 48% of the limited partnership interest of PBF Logistics LP (NYSE:PBFX). For further details, visit the official press release.
PBF Energy Inc. reported second quarter 2021 income from operations of $147.5 million, a significant decrease from $620.8 million in Q2 2020. Excluding special items, the loss from operations was $120.5 million, improving from a loss of $433.7 million year-over-year. The net income for Q2 2021 was $69.9 million, with $47.9 million attributable to PBF Energy or $0.39 per share. Despite improving demand, PBF faces headwinds from rising compliance costs under the RFS program. The company ended Q2 with $1.4 billion in cash and $2.6 billion in operational liquidity to support future operations.
PBF Energy Inc. (NYSE:PBF) has commented on the Bay Area Air Quality Management District's decision to adopt Proposed Amended Rule 6-5, regulating particulate emissions from refinery Fluid Catalytic Cracking units. Paul Davis, President of PBF Energy's Western Region, noted that the company has been proactively involved in the rule-making process. The new rule mandates refineries to achieve specific emissions standards by 2026 without requiring particular technologies. PBF plans to implement projects to reduce emissions at its Martinez refinery closer to the desired levels by early 2022.
PBF Energy Inc. (NYSE:PBF) announced participation in the J.P. Morgan Energy, Power and Renewables Conference on June 22, 2021. The management team will represent one of the largest independent refiners in North America, which operates oil refineries in states like California, Delaware, Louisiana, New Jersey, and Ohio. PBF Energy also owns about 48% of PBF Logistics LP (NYSE:PBFX). The company focuses on safe and environmentally responsible operations while providing superior returns to investors.
PBF Energy Inc. (NYSE:PBF) will release its second quarter 2021 earnings results on Thursday, July 29, 2021. A conference call and webcast to discuss these results will also take place on the same day at 8:30 a.m. ET. Interested parties can access the call via PBF Energy's website or by dialing the provided numbers. PBF Energy is a major North American independent refiner, operating refineries in multiple states and holding approximately 48% of PBF Logistics LP (NYSE:PBFX).
PBF Energy Inc. (NYSE:PBF) will participate in the Virtual Wells Fargo Energy Conference on June 2, 2021. This event provides a platform for the company’s management team to engage with investors and analysts.
PBF Energy is one of North America's largest independent refiners, with operations across California, Delaware, Louisiana, New Jersey, and Ohio. The company emphasizes safety, reliability, and environmental responsibility in its operations. Additionally, PBF Energy holds approximately 48% of the limited partnership interest in PBF Logistics LP (NYSE: PBFX).