Welcome to our dedicated page for PBF Energy SEC filings (Ticker: PBF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
PBF Energy Inc. filings document regulatory disclosures for an operating petroleum refiner and its consolidated indirect subsidiary, PBF Holding Company LLC. Recent Form 8-K reports furnish quarterly and annual operating results, dividend announcements, refinery operating updates, financial guidance materials and related exhibits.
The company's proxy materials and meeting reports cover annual stockholder voting, board elections, independent auditor ratification and governance matters. Other filings describe executive compensation arrangements, long-term incentive awards, restricted shares, performance share units, performance units and the company's Class A common stock capital structure.
PBF Energy Inc. (PBF) submitted a Form 144 reporting a proposed sale of 30,000 Class A shares through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $1,020,000 and approximately 115,698,631 shares outstanding. The filing indicates the shares were acquired by an option granted on 10/27/2015 and will be sold on or about 09/25/2025 for cash. The filer represents no undisclosed material adverse information and reports no other sales in the past three months.
PBF Energy (PBF) posted a weak Q2-25 as the Martinez refinery fire and softer crack spreads dragged results. Revenue fell 14.5% YoY to $7.48 bn and six-month sales dropped 16% to $14.54 bn. A $189 mm insurance gain tied to the Martinez incident limited the quarterly net loss to $5.2 mm (-$0.05/sh) versus a $65 mm loss last year, but YTD loss widened to $407 mm (-$3.58/sh) compared with a $41 mm profit in 1H-24.
Cash & leverage: Cash rose to $590.7 mm, aided by a $250 mm insurance advance, yet operating cash flow swung to a use of $470 mm (vs. +$441 mm). PBF issued $800 mm 9.875% senior notes, lifting long-term debt to $2.39 bn (vs. $1.46 bn 12/24) and interest expense to $53.8 mm for the quarter. Net debt/total capital is now ~27%.
Martinez update: Units unaffected by the 1-Feb fire restarted in April; full restart targeted by year-end 2025. The company incurred $108.5 mm in fire-related OPEX YTD and expects most repair costs to be covered by property and business-interruption insurance (subject to a $30 mm deductible and 60-day BI waiting period).
Other highlights:
- Quarterly dividend maintained at $0.275/sh; no Q2 buybacks (remaining authorization $ ~700 mm).
- RIN & emissions obligation grew to $521 mm.
- Working-capital build and higher turnaround spend drove negative free cash flow.
Outlook: Key swing factors are timing of Martinez restart, insurance reimbursements, crack spread recovery and RIN pricing. Management affirms compliance with all debt covenants.
PBF Energy Inc. (PBF) – Form 4 insider filing dated 07/03/2025
Director Thomas J. Nimbley reported two transactions that occurred on 07/01/2025:
- Acquisition (Code A): 7,859 Class A common shares were granted as restricted stock under the 2025 Equity Incentive Plan at $0 cost.
- Disposition (Code F): 3,835 shares were automatically sold at $22.27 per share to satisfy tax-withholding obligations associated with the award.
After these transactions, Nimbley’s direct ownership increased by 4,024 shares to 853,437 shares. No derivative securities were reported.
The net share increase indicates continued equity alignment by a board member, while the share sale appears routine for tax coverage.