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 (NYSE:PBF) has announced a significant leadership transition, with Joseph Marino appointed as Chief Financial Officer effective October 1, 2025, succeeding Karen B. Davis who will retire from her executive role. Davis will rejoin the company's Board of Directors, where she previously served from January 2020 through December 2022.
Marino, 46, currently serves as PBF's Treasurer, a position he has held since 2020. He joined the company in 2011 and has held various finance and accounting roles, including Assistant Controller from 2015 to 2020. Prior to PBF, he worked at Ernst & Young LLP, bringing extensive experience in oil and gas, industrial products, retail consumer products, and health science industries.
PBF Energy (NYSE:PBF) announced its participation in the upcoming 2025 Citi Natural Resources Conference, scheduled for August 11-13, 2025. The company's management team will be presenting at the event, and any presentation materials will be accessible to investors through the Investor Relations section of PBF Energy's website.
PBF Energy (NYSE:PBF) reported Q2 2025 results with income from operations of $43.0 million, compared to a loss of $74.6 million in Q2 2024. Excluding special items, the company posted a Q2 2025 loss from operations of $110.0 million. Net loss was $5.4 million, or $(0.05) per share.
The company declared a quarterly dividend of $0.275 per share and announced partial restoration of its Martinez refinery operations following a February 2025 fire. The facility is operating at 85,000-105,000 barrels per day, with full operations expected by year-end 2025. Insurance proceeds of $280 million were received.
PBF plans to sell two refined product terminals for $175 million and expects to generate over $200 million in cost savings by end-2025 through its Refinery Business Improvement initiative. The company maintains $591 million in cash and $2.4 billion in total debt.
[ "Received $280 million in insurance proceeds ($250 million net) for Martinez fire damage", "Expected cost savings of over $200 million by end-2025 and $350 million by end-2026", "Strategic sale of two terminal facilities for $175 million", "Maintains strong liquidity with $591 million cash position", "Performance improved across all regions in Q2", "St. Bernard Renewables averaged 14,200 barrels per day of renewable diesel production" ]PBF Energy (NYSE: PBF) has announced its management team's upcoming participation in two industry conferences. The team will attend the Goldman Sachs Tenth Annual Leveraged Finance Conference on May 28-29, 2025, and the Bank of America Energy and Power Credit Conference on June 4, 2025. Any presentation materials from these events will be accessible to investors through the Investor Relations section of PBF Energy's website at www.pbfenergy.com.
PBF Energy (NYSE:PBF) has scheduled the release of its first quarter 2025 earnings results for Thursday, May 1, 2025. The company will conduct a conference call and webcast to discuss the quarterly results and other business matters on the same day at 8:30 a.m. ET.
Interested parties can access the webcast through PBF Energy's website at pbfenergy.com. Additionally, participants can join via phone by dialing (800) 549-8228 or (646) 564-2877. An audio replay will be made available approximately two hours after the call's conclusion on the company's website.
PBF Energy (NYSE:PBF) has announced its upcoming participation in the Piper Sandler 25th Annual Energy Conference scheduled for March 18, 2025. The company's management team will be present at the event, representing one of the notable energy sector participants at this milestone conference.
Any presentation materials from the conference will be accessible to investors and interested parties through the Investor Relations section on PBF Energy's official website at www.pbfenergy.com.
PBF Energy (NYSE:PBF) has announced the pricing of an upsized $800 million senior notes offering through its indirect subsidiary, PBF Holding Company The notes, due 2030, carry a 9.875% interest rate and are priced at 98.563% of face value.
The offering, expected to close on March 17, 2025, will be co-issued by PBF Finance The proceeds will be used to repay outstanding borrowings under its asset-based revolving credit facility and for general corporate purposes. The notes will be offered privately to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S of the Securities Act.