Earnings summaries and quarterly performance for PBF Energy.
Executive leadership at PBF Energy.
Matthew C. Lucey
Detailed
President and Chief Executive Officer
CEO
Joseph Marino
Detailed
Senior Vice President and Chief Financial Officer
Michael A. Bukowski
Detailed
Senior Vice President, Head of Refining
Steven Andriola
Detailed
Chief Accounting Officer
T. Paul Davis
Detailed
Senior Vice President, Supply, Trading and Optimization
Trecia M. Canty
Detailed
Senior Vice President, General Counsel and Secretary
Board of directors at PBF Energy.
Damian W. Wilmot
Detailed
Director
Georganne Hodges
Detailed
Director
George E. Ogden
Detailed
Director
Karen B. Davis
Detailed
Director
Kimberly S. Lubel
Detailed
Director
Lawrence M. Ziemba
Detailed
Director
Paul J. Donahue, Jr.
Detailed
Director
S. Eugene Edwards
Detailed
Lead Director
Spencer Abraham
Detailed
Director
Thomas J. Nimbley
Detailed
Non-Executive Chairman of the Board
Research analysts who have asked questions during PBF Energy earnings calls.
Jason Gabelman
TD Cowen
4 questions for PBF
Also covers: BP, CLMT, CLNE +19 more
Manav Gupta
UBS Group
4 questions for PBF
Also covers: ADM, AMTX, BE +34 more
Neil Mehta
Goldman Sachs
4 questions for PBF
Also covers: AESI, APA, AR +36 more
Paul Cheng
Scotiabank
4 questions for PBF
Also covers: APA, BP, CLNE +20 more
Ryan Todd
Simmons Energy
4 questions for PBF
Also covers: BP, COP, CVX +9 more
Roger Read
Wells Fargo & Company
3 questions for PBF
Also covers: APA, AR, BP +22 more
John Royall
JPMorgan Chase & Co.
2 questions for PBF
Also covers: CASY, CNQ, CVE +13 more
Matthew Blair
Tudor, Pickering, Holt & Co.
2 questions for PBF
Also covers: AMTX, CE, CLNE +19 more
Connor Fitzpatrick
Bank of America
1 question for PBF
Conor Fitzpatrick
Bank of America Merrill Lynch
1 question for PBF
Also covers: CLMT, DAR, MPC
Douglas George Blyth Leggate
Wolfe Research
1 question for PBF
Also covers: APA, BP, COP +18 more
Doug Leggate
Wolfe Research
1 question for PBF
Also covers: APA, AR, BP +21 more
Joe Laetsch
Morgan Stanley
1 question for PBF
Also covers: DINO, DK, MPC +2 more
John Abbott
Wolfe Research
1 question for PBF
Also covers: AR, CHRD, CIVI +10 more
Joseph Laetsch
Morgan Stanley
1 question for PBF
Also covers: DINO, DK, PSX +1 more
Recent press releases and 8-K filings for PBF.
PBF Energy Reports Q3 2025 Results, Announces CFO Change, and Provides Martinez Restart Update
PBF
Earnings
CFO Change
Guidance Update
- PBF Energy reported an adjusted net loss of $0.52 per share and adjusted EBITDA of $144.4 million for the third quarter of 2025. The company ended the quarter with $482 million in cash and $1.9 billion of net debt.
- The Martinez refinery is on schedule for a December restart, with plans for it to be fully operational by the end of the year. The company recognized a $250 million gain on insurance recoveries related to the Martinez fire in Q3 2025, with most of it received in Q4.
- Joe Marino has been appointed as the new Chief Financial Officer, and Karen Davis has returned to the Board of Directors.
- The Refining Business Improvement (RBI) program is on track to achieve $230 million in annualized run-rate savings by the end of 2025, with approximately $210 million of these savings already implemented on a run-rate basis as of the third quarter.
Oct 30, 2025, 12:30 PM
PBF Energy Reports Q3 2025 Results and Martinez Refinery Restart Progress
PBF
Earnings
CFO Change
Guidance Update
- PBF Energy reported an adjusted net loss of $0.52 per share and adjusted EBITDA of $144.4 million for the third quarter of 2025.
- The Martinez refinery is on schedule for a December restart, with the company planning for it to be fully operational by the end of the year.
- Joe Marino was introduced as PBF's new Chief Financial Officer, having been with the company since before its 2012 IPO.
- The company is on track to implement $230 million of annualized run-rate savings by the end of 2025 through its Refining Business Improvement (RBI) program, with full realization expected in 2026.
- PBF ended the quarter with $482 million in cash and approximately $1.9 billion of net debt, maintaining approximately $2.1 billion in liquidity.
Oct 30, 2025, 12:30 PM
PBF Energy Reports Q3 2025 Results, Provides Martinez Restart Update, and Announces New CFO
PBF
Earnings
Guidance Update
CFO Change
- PBF Energy reported an adjusted net loss of $0.52 per share and adjusted EBITDA of $144.4 million for Q3 2025.
- The Martinez refinery is on schedule for a December restart and is expected to be fully operational by the end of 2025.
- The Refining Business Improvement (RBI) program is on track to deliver $230 million in annualized run-rate savings by the end of 2025, with approximately $210 million already implemented on a run-rate basis as of Q3.
- The company ended Q3 2025 with $482 million in cash and $1.9 billion of net debt, maintaining $2.1 billion in liquidity.
- Joe Marino was introduced as PBF's new Chief Financial Officer.
Oct 30, 2025, 12:30 PM
PBF Energy Announces Third Quarter 2025 Results and Declares Dividend
PBF
Earnings
Dividends
Guidance Update
- PBF Energy reported Q3 2025 net income of $171.7 million or $1.45 per share, and an adjusted fully-converted net loss of $(60.3) million or $(0.52) per share.
- The company declared a quarterly dividend of $0.275 per share.
- PBF closed the sale of terminal assets for $175.4 million and expects to receive a second unallocated installment of $250 million related to the Martinez Refinery Fire, bringing total unallocated net insurance reimbursements to $500 million.
- The Martinez refinery is planned to restore full operations by year-end 2025, and the company anticipates generating over $230 million in annualized savings by year-end 2025 from its Refinery Business Improvement initiative.
- Full-year capital expenditures are projected to be between $750 million and $775 million, excluding Martinez restoration costs.
Oct 30, 2025, 10:43 AM
PBF Energy Announces Third Quarter 2025 Results and Declares Dividend
PBF
Earnings
Dividends
Guidance Update
- PBF Energy reported Q3 2025 net income attributable to PBF Energy Inc. of $170.1 million or $1.45 per diluted share, a significant improvement from a net loss of $285.9 million or $(2.49) per share in Q3 2024.
- The company's income from operations for Q3 2025 was $285.9 million, compared to a loss from operations of $386.3 million for Q3 2024. Excluding special items, the Q3 2025 loss from operations was $27.1 million, an improvement from a loss of $231.5 million in Q3 2024.
- PBF Energy declared a quarterly dividend of $0.275 per share of Class A common stock, payable on November 26, 2025.
- The company closed the sale of terminal assets for $175.4 million and is set to receive a second unallocated installment of $250 million related to the Martinez Refinery Fire insurance, bringing total unallocated net insurance reimbursements to $500 million.
- PBF expects full-year capital expenditures in the $750 to $775 million range and had approximately $482 million of cash and $2.4 billion of total debt at quarter-end.
Oct 30, 2025, 10:30 AM
PBF Energy Closes Terminal Assets Sale
PBF
M&A
- PBF Energy Inc. announced the closing of the sale of terminal assets on September 30, 2025.
- The sale involved two refined product terminal facilities located in Philadelphia, PA, and Knoxville, TN.
- The transaction generated $175 million in cash for PBF Energy.
- The sold assets included 38 storage tanks with approximately 1.9 million barrels of storage capacity.
- PBF Energy's CFO, Karen Davis, stated that the sale monetized non-core assets and increased liquidity for the company.
Sep 30, 2025, 8:30 PM
Quarterly earnings call transcripts for PBF Energy.
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