PBF Energy Inc (N:PBF)
Business Focus: Oil & Gas Refining and Marketing
Feb 15, 2024 05:30 am ET
PBF Energy Reports Fourth Quarter and Full Year 2023 Results, Declares Dividend of $0.25 per Share and Announces Increased Share Repurchase Authorization
Fourth quarter loss from operations of $47.2 million (excluding special items, fourth quarter loss from operations of $46.1 million)Full year income from operations of $2,951.5 million (excluding special items, full year income from operations of $2,017.6 million)Year-ending consolidated cash balance of approximately $1.8 billionReturned more than $180 million to stockholders through dividends and share buybacks in the fourth quarter and approximately $640 million in the yearIncreased total outstanding share repurchase authorization to over $1 billion with new $750 million approvalPARSIPPANY
Dec 18, 2023 12:05 pm ET
PBF Energy to Participate in Industry Conferences
PARSIPPANY, N.J., Dec. 18, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Sankey Research Energy Conference on January 3, 2024, and the Goldman Sachs Energy, CleanTech & Utilities Conference on January 4th and 5th, 2024.
Dec 06, 2023 02:59 pm ET
PBF Energy to Release Fourth Quarter 2023 Earnings Results
PARSIPPANY, N.J., Dec. 6, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the fourth quarter and full-year 2023 on Thursday, February 15, 2024. The company will host a conference call and webcast regarding quarterly and annual results and other business matters on Thursday, February 15, 2024, at 8:30 a.m. ET.
Nov 02, 2023 06:30 am ET
PBF Energy Announces Third Quarter 2023 Results and Declares Dividend of $0.25 per Share
Third quarter income from operations of $1,077.1 million (excluding special items, third quarter income from operations of $1,145.6 million)Increased quarterly dividend by 25% to $0.25 per shareReduced debt by approximately $170 millionSt. Bernard Renewables reports profitability in first full quarter of operationsRepurchased approximately 14.3 million shares for approximately $590 million, from inception to datePARSIPPANY, N.J., Nov. 2, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported third quarter 2023 income from operations of $1,077.1 million as compared to income from oper
Jun 29, 2023 08:56 pm ET
PBF Energy to Release Second Quarter 2023 Earnings Results
PARSIPPANY, N.J., June 29, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the second quarter 2023 on Thursday, August 3, 2023. The company will host a conference call and webcast regarding quarterly results and other business matters on Thursday, August 3, 2023, at 8:30 a.m. ET.
Jun 28, 2023 08:00 am ET
Eni Sustainable Mobility and PBF Energy Announce Closing of St. Bernard Biorefinery Partnership
ROME and PARSIPPANY, N.J., June 28, 2023 /PRNewswire/ -- Eni Sustainable Mobility Spa and PBF Energy Inc. (NYSE: PBF) today announced the closing of a 50-50 joint venture partnership in St. Bernard Renewables LLC (SBR), an operating biorefinery co-located with PBF's Chalmette Refinery in Louisiana (US). PBF's affiliate contributed the biorefinery and other assets comprising the business to SBR and Eni Sustainable Mobility's affiliate has committed to make capital reimbursements and contributions totaling $835 million to PBF, of which $431 million was paid at closing. The remainder of the tot
Jun 27, 2023 07:30 am ET
Planet Based Foods Partners with Green Spoon Sales to Stimulate U.S. Retail Growth
VANCOUVER, BC, June 27, 2023 /CNW/ - Planet Based Foods Global Inc. (CSE: PBF) (OTCQB: PBFFF) (FRA: AZ0) ("PBFG," "Planet Based Foods" or the "Company"), a Company that offers a wide range of hemp-based food alternatives, announced today that it will partner with Green Spoon Sales ("Green Spoon") to help stimulate U.S. retail growth. This strategic partnership aims to leverage Green Spoon Sales' expertise and distribution network to accelerate the presence and availability of the Company's hemp-based food alternatives across the United States, further fueling the Company's growth trajectory.
Jun 27, 2023 07:30 am ET
Planet Based Foods Partners with Green Spoon Sales to Stimulate U.S. Retail Growth
VANCOUVER, BC, June 27, 2023 /PRNewswire/ - Planet Based Foods Global Inc. (CSE: PBF) (OTCQB: PBFFF) (FRA: AZ0) ("PBFG," "Planet Based Foods" or the "Company"), a Company that offers a wide range of hemp-based food alternatives, announced today that it will partner with Green Spoon Sales ("Green Spoon") to help stimulate U.S. retail growth. This strategic partnership aims to leverage Green Spoon Sales' expertise and distribution network to accelerate the presence and availability of the Company's hemp-based food alternatives across the United States, further fueling the Company's growth traj
Jun 15, 2023 05:00 pm ET
PBF Energy to Participate in the J.P. Morgan Energy, Power and Renewables Conference
PARSIPPANY, N.J., June 15, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the J.P. Morgan Energy, Power and Renewables Conference on June 21, 2023.
May 16, 2023 05:00 pm ET
PBF Energy to Participate in the Wells Fargo Energy Conference
PARSIPPANY, N.J., May 16, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Wells Fargo Energy Conference on May 23, 2023.
May 05, 2023 06:30 am ET
PBF Energy Announces First Quarter 2023 Results and Declares Dividend of $0.20 per Share
First quarter income from operations of $532.4 million (excluding special items, first quarter income from operations of $516.1 million)Increased share repurchase authorization to $1.0 billionRepurchased over 8.8 million shares for approximately $346 million, to dateReduced consolidated debt by $525 million during the first quarter and $2.8 billion over the last 12 monthsPARSIPPANY, N.J., May 5, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported first quarter 2023 income from operations of $532.4 million as compared to income from operations of $91.0 million for the first quarter
May 04, 2023 09:00 am ET
PBF Energy Announces CEO Transition Plans
Tom Nimbley to transition to Executive Chairman of the Board of Directors; steps down as Chief Executive Officer on July 1 after over a decade of leading companyMatthew C. Lucey, current President, will assume President and Chief Executive Officer rolePARSIPPANY, N.J., May 4, 2023 /PRNewswire/ -- The Board of Directors of PBF Energy Inc. (NYSE: PBF) has named its current President, Matthew C. Lucey, as President and Chief Executive Officer and appointed him to the Board, effective July 1, 2023. Mr. Lucey will succeed current CEO Tom Nimbley, who will continue as Executive Chairman of the Bo
Mar 24, 2023 02:55 pm ET
PBF Energy to Release First Quarter 2023 Earnings Results
PARSIPPANY, N.J., March 24, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the first quarter 2023 on Friday, May 5, 2023. The company will host a conference call and webcast regarding quarterly results and other business matters on Friday, May 5, 2023, at 8:30 a.m. ET.
Mar 16, 2023 04:30 pm ET
PBF Energy to Participate in the Annual Piper Sandler Energy Conference
PARSIPPANY, N.J., March 16, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Annual Piper Sandler Energy Conference on March 20 and 21, 2023.
Mar 14, 2023 04:30 pm ET
PBF Energy Announces Appointment of Georganne Hodges and Damian W. Wilmot as Directors
PARSIPPANY, N.J., March 14, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced that Georganne Hodges and Damian W. Wilmot have been appointed as independent directors effective as of March 15, 2023.
Feb 17, 2023 08:33 am ET
PBF Energy to Participate in Industry Conferences
PARSIPPANY, N.J., Feb. 17, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Morgan Stanley Global Energy & Power Conference on March 1, 2023 and the BofA Securities Virtual Refining Conference on March 2, 2023.
Feb 16, 2023 05:45 am ET
PBF Energy Reports Fourth Quarter 2022 Results and Declares Dividend of $0.20 per Share and Announces Partnership for St. Bernard Renewables Project
Fourth quarter income from operations of $955.6 million (excluding special items, fourth quarter income from operations of $873.0 million)Year-ending consolidated cash balance of approximately $2.2 billionReduced consolidated debt in 2022 by more than $2.3 billionRepurchased over 5 million shares for approximately $189 million to dateCompleted purchase of remaining public stake in PBF Logistics LPAnnounces partnership with Eni Sustainable Mobility for St. Bernard Renewables ProjectPARSIPPANY, N.J., Feb. 16, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported fourth quarter 2022 i
Feb 16, 2023 05:41 am ET
Eni Sustainable Mobility and PBF Energy Announce Partnership for St. Bernard Biorefinery in the US
ROME and PARSIPPANY, N.J., Feb. 16, 2023 /PRNewswire/ -- Eni Sustainable Mobility and PBF Energy Inc. (NYSE: PBF) today announced they have entered into definitive agreements to partner in a 50-50 joint venture, St. Bernard Renewables LLC (SBR), for the biorefinery currently under construction co-located with PBF's Chalmette Refinery in Louisiana (US). Upon consummation of the transaction, which is subject to customary closing conditions, including regulatory approvals, Eni Sustainable Mobility will contribute capital totaling $835 million plus up to additional $50 million that is subject to
Jan 04, 2023 10:14 am ET
PBF Energy to Release Fourth Quarter 2022 Earnings Results
PARSIPPANY, N.J., Jan. 4, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the fourth quarter 2022 on Thursday, February 16, 2023. The company will host a conference call and webcast regarding quarterly results and other business matters on Thursday, February 16, 2023, at 8:30 a.m. ET.
Jan 03, 2023 12:08 pm ET
PBF Energy Announces Notice of Full Redemption for PBF Logistics LP 6.875% Senior Notes due 2023
PARSIPPANY, N.J., Jan. 3, 2023 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that its indirect subsidiary, PBF Logistics LP ("PBF Logistics"), delivered a notice of full redemption of all of the $525 million in aggregate principal amount outstanding of its 6.875% Senior Notes due 2023 (the "Notes") issued by PBF Logistics and PBF Logistics Finance Corporation. The Notes will be redeemed on February 3, 2023 at a redemption price of 100%, plus accrued and unpaid interest to the date of redemption. Deutsche Bank Trust Company Americas is the trustee for the Notes and is serving
Dec 21, 2022 03:15 pm ET
PBF Energy Announces Appointment of Lawrence M. Ziemba as Director
PARSIPPANY, N.J., Dec. 21, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced that Lawrence M. Ziemba has been elected as an independent director effective January 1, 2023.
Dec 19, 2022 02:14 pm ET
PBF Energy to Participate in Industry Conferences
PARSIPPANY, N.J., Dec. 19, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that members of its management team will participate in the Sankey Research Virtual Refining Conference on January 3, 2023 and the Goldman Sachs Global Energy and Clean Technology Conference on January 5-6, 2023.
Dec 12, 2022 10:13 am ET
PBF Energy Announces $500 Million Share Repurchase Program
PARSIPPANY, N.J., Dec. 12, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that its board of directors has authorized the repurchase of up to $500 million of PBF Class A common stock.
Dec 07, 2022 03:15 pm ET
PBF Energy Names Karen B. Davis as Interim Chief Financial Officer
PARSIPPANY, N.J., Dec. 7, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that Karen B. Davis will assume the role of Chief Financial Officer, on an interim basis, of PBF Energy Inc., effective January 1, 2023.
Nov 30, 2022 04:10 pm ET
TortoiseEcofin Announces Constituent Changes Due to Corporate Action
OVERLAND PARK, KS / ACCESSWIRE / November 30, 2022 / TortoiseEcofin today announced that PBF Logistics LP (NYSE:PBFX) will be removed from the Tortoise MLP Index® (TMLP), and the Tortoise North American Pipeline IndexSM (TNAP), as a result of the approved merger with PBF Energy Inc (NYSE:PBF). As part of the transaction PBF will acquire all of the outstanding common units representing limited partner interests of PBFX it does not already own effective December 1, 2022. Due to the acquisition, PBFX will be removed from both indices at
Nov 30, 2022 01:46 pm ET
PBF Energy Completes Acquisition of PBF Logistics
PBF Logistics Unitholders Approve Transaction
Nov 29, 2022 03:50 pm ET
PBF Energy Announces the Retirement of Robert Lavinia
PARSIPPANY, N.J., Nov. 29, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that independent director, Robert Lavinia, has announced his retirement from the Board of Directors effective December 31, 2022.
Nov 29, 2022 03:36 pm ET
PBF Energy and PBF Logistics Announce the Departure of Chief Financial Officer
PARSIPPANY, N.J., Nov. 29, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) and PBF Logistics LP (NYSE: PBFX) today announced that C. Erik Young, Chief Financial Officer, has resigned to pursue other professional opportunities. Mr. Young's resignation will be effective December 20, 2022. A search for potential internal and external candidates to replace Mr. Young will be conducted.
Nov 28, 2022 05:53 pm ET
Nexstar Media Group and PBF Energy Set to Join S&P MidCap 400; Sabre and Nu Skin Enterprises to Join S&P SmallCap 600
NEW YORK, Nov. 28, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the opening of trading on Thursday, December 1:
Oct 27, 2022 06:30 am ET
PBF Energy Announces Third Quarter 2022 Results and Declares Dividend of $0.20 per Share
Third quarter income from operations of $1,400.0 million (excluding special items, third quarter income from operations of $1,403.0 million)Announces reinstatement of regular quarterly dividend of $0.20 per shareNet debt to capitalization reduced to 1% versus 59% at year-end 2021, excluding special itemsPARSIPPANY, N.J., Oct. 27, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported third quarter 2022 income from operations of $1,400.0 million as compared to income from operations of $100.9 million for the third quarter of 2021. Excluding special items, third quarter 2022 income fro
Oct 27, 2022 06:30 am ET
PBF Logistics Declares Quarterly Distribution of $0.30 per Unit and Announces Third Quarter 2022 Earnings Results
Third quarter net income attributable to the limited partners of $34.9 million, or $0.55 per common unit, EBITDA attributable to PBFX of $53.8 million and Adjusted EBITDA of $54.6 millionYear-to-date debt reduced by $100.0 million through repayments on the revolving credit facilityDeclares quarterly distribution of $0.30 per unitPARSIPPANY, N.J., Oct. 27, 2022 /PRNewswire/ -- PBF Logistics LP (NYSE:PBFX, the "Partnership") today announced third quarter 2022 net income attributable to the limited partners of $34.9 million, or $0.55 per common unit. During the quarter, the Partnership generate
Sep 30, 2022 12:24 pm ET
PBF Energy to Release Third Quarter 2022 Earnings Results
PARSIPPANY, N.J., Sept. 30, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the third quarter 2022 on Thursday, October 27, 2022. The company will host a conference call and webcast regarding quarterly results and other business matters on Thursday, October 27, 2022, at 8:30 a.m. ET.
Sep 21, 2022 08:31 am ET
Thinking about buying stock in RA Medical Systems, FREYR Battery, PBF Energy, Coty, or Syros Pharmaceuticals?
NEW YORK, Sept. 21, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for RMED, FREY, PBF, COTY, and SYRS.
Sep 02, 2022 04:30 pm ET
PBF Energy to Participate in Industry Conferences
PARSIPPANY, N.J., Sept. 2, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that members of its management team will participate in the Barclays Energy-Power Conference on September 7, 2022 and the Wells Fargo Leveraged Finance Conference on September 8, 2022.
Aug 24, 2022 03:52 pm ET
PBF LOGISTICS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PBF Logistics LP - PBFX
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of PBF Logistics LP (NYSE: PBFX) to PBF Energy Inc. (NYSE: PBF). Under the terms of the proposed transaction, shareholders of PBF Logistics will receive $9.25 in cash and 0.270 shares of PBF Energy Class A common stock for each share of PBF Logistics that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Jul 28, 2022 09:00 pm ET
PBF LOGISTICS LP ALERT: Bragar Eagel & Squire, P.C. Investigates Merger of PBFX and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of PBF Logistics LP (NYSE: PBFX) (“PBF Logistics”) breached their fiduciary duties or violated...
Jul 28, 2022 05:14 pm ET
SHAREHOLDER ALERT: Weiss Law Investigates PBF Logistics LP
NEW YORK, July 28, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of the implied covenant of good faith and fair dealing and other violations of law by the board of directors of PBF Logistics LP ("PBF Logistics" or the "Company") (NYSE: PBFX) in connection with the proposed acquisition of the Company by PBF Energy Inc. ("PBF Energy") (NYSE: PBF). Under the terms of the merger agreement, each outstanding common unit of PBF Logistics that PBF Energy does not own will be converted into 0.270 shares of PBF Energy Class A common stock and $9.25 in cash, without interest. Curre
Jul 28, 2022 06:05 am ET
PBF Energy Announces Second Quarter 2022 Results
Second quarter income from operations of $1,706.6 million (excluding special items, second quarter income from operations of $1,784.2 million)Reduced consolidated debt by more than $2.2 billion including a $900 million revolving credit facility repayment, $45 million debt reduction at PBF Logistics and the redemption of $1.25 billion senior secured notes on July 11, 2022Net debt to capitalization reduced to 24% versus 59% at year-end 2021, excluding special itemsPBF Energy Announces Agreement to Acquire Remaining Public Stake in PBF Logistics LPPARSIPPANY, N.J., July 28, 2022 /PRNewswire/ --
Jul 28, 2022 06:00 am ET
PBF Energy Announces Agreement to Acquire Remaining Public Stake in PBF Logistics LP
PARSIPPANY, N.J., July 28, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) and PBF Logistics LP (NYSE: PBFX) today announced a definitive agreement and plan of merger pursuant to which PBF Energy will acquire all of the outstanding common units representing limited partner interests of PBF Logistics it does not already own directly or indirectly for a combination of PBF Energy Class A common stock and cash. PBF Energy beneficially owns approximately 47.7% of the outstanding common units of PBF Logistics as of July 22, 2022.
Jul 11, 2022 10:34 am ET
PBF Energy Announces Full Redemption of $1.25 Billion of PBF Holding 9.25% Senior Secured Notes due 2025
PARSIPPANY, N.J., July 11, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), has fully redeemed all of the $1.25 billion in aggregate principal amount outstanding of its 9.25% Senior Secured Notes due 2025 (the "Notes") issued by PBF Holding and PBF Finance Corporation. The Notes were redeemed at a redemption price of 104.625%, plus accrued and unpaid interest through July 11, 2022.
Jun 28, 2022 05:00 pm ET
PBF Energy to Release Second Quarter 2022 Earnings Results
PARSIPPANY, NJ, June 28, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the second quarter 2022 on Thursday, July 28, 2022. The company will host a conference call and webcast regarding quarterly results and other business matters on Thursday, July 28, 2022, at 8:30 a.m. ET.
Jun 17, 2022 05:30 pm ET
PBF Energy to Participate in the J.P. Morgan Energy, Power and Renewables Conference
PARSIPPANY, N.J., June 17, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the J.P. Morgan Energy, Power and Renewables Conference on June 22, 2022.
Jun 09, 2022 07:00 am ET
PBF Energy Announces Notice of Full Redemption for PBF Holding 9.25% Senior Secured Notes due 2025
PARSIPPANY, N.J., June 9, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), delivered a notice of full redemption of all of the $1.25 billion in aggregate principal amount outstanding of its 9.25% Senior Secured Notes due 2025 (the "Notes") issued by PBF Holding and PBF Finance Corporation. The Notes will be redeemed on July 11, 2022 at a redemption price of 104.625%, plus accrued and unpaid interest to the date of redemption. Wilmington Trust, National Association is the trustee for the Notes and is servi
Jun 03, 2022 05:30 pm ET
PBF Energy to Participate in the Bank of America Energy Credit Conference
PARSIPPANY, N.J., June 3, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Bank of America Energy Credit Conference on June 8, 2022.
May 25, 2022 05:18 pm ET
PBF Energy Announces Successful Renewal and Extension of Credit Facility, Total Availability Increases to $4.3 Billion
PARSIPPANY, N.J., May 25, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that its subsidiary, PBF Holding Company LLC, successfully completed a multi-year extension of its asset-based revolving credit facility ("Credit Facility"), with an aggregate commitment of $4.3 billion. The Credit Facility includes two committed tranches, an extended tranche of $2.75 billion that will mature in January 2025 and an existing tranche of $1.55 billion that retains the current maturity date in May 2023. The extended tranche of the Credit Facility may be increased under the accordion by up
Apr 28, 2022 06:30 am ET
PBF Energy Announces First Quarter 2022 Results
First quarter income from operations of $91.0 million (excluding special items, first quarter income from operations of $141.3 million)Reduced consolidated debt by approximately $55 million in 2022 and approximately $390 million in 15 monthsFirst quarter consolidated ending cash balance of approximately $1.4 billionPARSIPPANY, N.J., April 28, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported first quarter 2022 income from operations of $91.0 million as compared to income from operations of $57.7 million for the first quarter of 2021. Excluding special items, first quarter 2022 i
Mar 30, 2022 05:55 pm ET
PBF Energy to Release First Quarter 2022 Earnings Results
PARSIPPANY, N.J., March 30, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the first quarter 2022 on Thursday, April 28, 2022. The company will host a conference call and webcast regarding quarterly results and other business matters on Thursday, April 28, 2022, at 8:30 a.m. ET.
Mar 21, 2022 12:32 pm ET
PBF Energy to Participate in the Scotia Howard Weil Energy Conference
PARSIPPANY, N.J., March 21, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Scotia Howard Weil Energy Conference on March 22, 2022.
Feb 24, 2022 09:18 am ET
PBF Energy to Participate in Industry Conferences
PARSIPPANY, N.J., Feb. 24, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Credit Suisse Annual Energy Summit on March 1, 2022 and the Bank of America Refining Conference on March 10, 2022.
Feb 10, 2022 05:30 am ET
PBF Energy Reports Fourth Quarter 2021 Results
PARSIPPANY, N.J., Feb. 10, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported fourth quarter 2021 income from operations of $291.1 million as compared to loss from operations of $328.1 million for the fourth quarter of 2020. Excluding special items, fourth quarter 2021 income from operations was $294.5 million as compared to loss from operations of $499.3 million for the fourth quarter of 2020. PBF Energy's financial results reflect the consolidation of PBF Logistics LP (NYSE: PBFX), a master limited partnership of which PBF indirectly owns the general partner and approximately 4
Dec 23, 2021 03:30 pm ET
PBF Energy Announces Appointment of Paul Donahue as Director
PARSIPPANY, N.J., Dec. 23, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced that Paul Donahue has been elected as an independent director effective January 1, 2022.
Dec 22, 2021 04:18 pm ET
PBF Energy to Release Fourth Quarter 2021 Earnings Results
PARSIPPANY, N.J., Dec. 22, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the fourth quarter 2021 on Thursday, February 10, 2022. The company will host a conference call and webcast regarding quarterly results and other business matters on Thursday, February 10, 2022, at 8:30 a.m. ET.
Dec 22, 2021 04:17 pm ET
PBF Energy to Participate in Industry Conferences
PARSIPPANY, N.J., Dec. 22, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in 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, virtually.
Nov 23, 2021 04:00 pm ET
PBF Energy to Participate in Cowen 2021 Energy Summit
PARSIPPANY, N.J., Nov. 23, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Cowen 2021 Energy Summit on December 2, 2021, virtually.
Oct 28, 2021 06:30 am ET
PBF Energy Announces Third Quarter 2021 Results
PARSIPPANY, N.J., Oct. 28, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported third quarter 2021 income from operations of $100.9 million as compared to loss from operations of $342.7 million for the third quarter of 2020. Excluding special items, third quarter 2021 income from operations was $101.0 million as compared to a loss from operations of $374.2 million for the third quarter of 2020. PBF Energy's financial results reflect the consolidation of PBF Logistics LP (NYSE: PBFX), a master limited partnership of which PBF Energy indirectly owns the general partner and approximat
Sep 16, 2021 04:15 pm ET
PBF Energy to Release Third Quarter 2021 Earnings Results
PARSIPPANY, N.J., Sept. 16, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the third quarter 2021 on Thursday, October 28, 2021. The company will host a conference call and webcast regarding quarterly results and other business matters on Thursday, October 28, 2021, at 8:30 a.m. ET.
Sep 03, 2021 05:00 pm ET
PBF Energy to Participate in Barclays CEO Energy-Power Conference
PARSIPPANY, N.J., Sept. 3, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Barclays CEO Energy-Power Conference on September 9, 2021.
Jul 29, 2021 06:30 am ET
PBF Energy Announces Second Quarter 2021 Results
PARSIPPANY, N.J., July 29, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported second quarter 2021 income from operations of $147.5 million as compared to income from operations of $620.8 million for the second quarter of 2020. Excluding special items, second quarter 2021 loss from operations was $120.5 million as compared to a loss from operations of $433.7 million for the second quarter of 2020. PBF Energy's financial results reflect the consolidation of PBF Logistics LP (NYSE: PBFX), a master limited partnership of which PBF Energy indirectly owns the general partner and approx
Jul 21, 2021 08:11 pm ET
PBF Energy Comments on Bay Area Air Quality Management District Decision
PARSIPPANY, N.J., July 21, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today commented on the Bay Area Air Quality Management District (BAAQMD) Board members' decision to adopt Proposed Amended Rule (PAR) 6-5 related to particulate emissions from refinery Fluid Catalytic Cracking (FCC) units in the Bay Area.
Jun 18, 2021 05:30 pm ET
PBF Energy to Participate in the J.P. Morgan Energy, Power and Renewables Conference
PARSIPPANY, N.J., June 18, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the J.P. Morgan Energy, Power and Renewables Conference on June 22, 2021.
Jun 18, 2021 04:37 pm ET
PBF Energy to Release Second Quarter 2021 Earnings Results
PARSIPPANY, N.J., June 18, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the second quarter 2021 on Thursday, July 29, 2021. The company will host a conference call and webcast regarding quarterly results and other business matters on Thursday, July 29, 2021, at 8:30 a.m. ET.
Feb 11, 2021 05:30 am ET
PBF Energy Reports Fourth Quarter 2020 Results
PARSIPPANY, N.J., Feb. 11, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported fourth quarter 2020 loss from operations of $328.1 million as compared to income from operations of $123.0 million for the fourth quarter of 2019. Excluding special items, fourth quarter 2020 loss from operations was $499.3 million as compared to income from operations of $149.8 million for the fourth quarter of 2019. PBF Energy's financial results reflect the consolidation of PBF Logistics LP (NYSE: PBFX), a master limited partnership of which PBF indirectly owned the general partner and appr
Jan 05, 2021 04:40 pm ET
PBF Energy to Release Fourth Quarter 2020 Earnings Results
PARSIPPANY, N.J., Jan. 5, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the fourth quarter 2020 on Thursday, February 11, 2021. The company will host a conference call and webcast regarding quarterly results and other business matters on Thursday, February 11, 2021, at 8:30 a.m. ET.
Dec 30, 2020 05:08 pm ET
PBF Energy to Participate in Virtual Investor Conferences
PARSIPPANY, N.J., Dec. 30, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Sankey Research Virtual Refining Conference on January 4, 2021, the 3rd Annual Mizuho Virtual Refining Conference on January 5, 2021, and the Goldman Sachs Global Energy Conference 2021 on January 6, 2021.
Dec 16, 2020 02:52 pm ET
PBF Energy Announces Pricing of $250 Million Add-on Offering of 9.25% Senior Secured Notes Due 2025
PARSIPPANY, N.J., Dec. 16, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), priced an add-on offering of $250.0 million in aggregate principal amount of 9.25% senior secured notes due 2025 (the "Notes") at an issue price of 100.25% of their face value. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding. The Notes will be issued as additional notes under the existing indenture pursuant to which PBF Holding and PBF Finance Corporation previously iss
Dec 16, 2020 06:56 am ET
PBF Energy Announces $250 Million Add-on Offering of 9.25% Senior Secured Notes Due 2025
PARSIPPANY, N.J., Dec. 16, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), intends to commence an add-on offering, subject to market and other conditions, of $250.0 million in aggregate principal amount of 9.25% senior secured notes due 2025 (the "Notes"). The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding. The Notes will be issued as additional notes under the existing indenture pursuant to which PBF Holding and PBF Finance Corporation previousl
Dec 01, 2020 08:48 am ET
PBF Energy to Participate in the Cowen 2020 Energy Conference
PARSIPPANY, N.J., Dec. 1, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that the company's management will be participating in the Cowen 2020 Energy Conference on December 3, 2020.
Nov 10, 2020 07:30 am ET
PBF Holding Company LLC Announces Extension of Exchange Offer for 6.00% Senior Notes Due 2028
PARSIPPANY, N.J., Nov. 10, 2020 /PRNewswire/ -- PBF Holding Company LLC announced today that it has extended the deadline with respect to its offer to exchange $1,000,000,000 of its 6.00% Senior Notes due 2028 (new notes), which have been registered under the Securities Act of 1933 (Securities Act), for $1,000,000,000 of its issued and outstanding 6.00% Senior Notes due 2028, which are not registered under the Securities Act (old notes). As a result of the extension, the exchange offer is now scheduled to expire at 5:00 p.m., New York City time, on November 24, 2020, unless further extended
Oct 29, 2020 06:30 am ET
PBF Energy Announces East Coast Refining Reconfiguration and Reports Third Quarter 2020 Results
PARSIPPANY, N.J., Oct. 29, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported a third quarter 2020 loss from operations of $342.7 million as compared to income from operations of $151.9 million for the third quarter of 2019. Excluding special items, third quarter 2020 loss from operations was $374.2 million as compared to income from operations of $165.8 million for the third quarter of 2019. PBF Energy's financial results reflect the consolidation of PBF Logistics LP (NYSE: PBFX), a master limited partnership of which PBF indirectly owns the general partner and approximately 48%
Jul 31, 2020 06:30 am ET
PBF Energy Reports Second Quarter 2020 Results
PARSIPPANY, N.J., July 31, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported second quarter 2020 income from operations of $620.8 million as compared to income from operations of $9.5 million for the second quarter of 2019. Excluding special items, second quarter 2020 loss from operations was $433.7 million as compared to income from operations of $191.5 million for the second quarter of 2019. PBF Energy's financial results reflect the consolidation of PBF Logistics LP (NYSE: PBFX), a master limited partnership of which PBF indirectly owns the general partner and approxim
Jun 12, 2020 03:14 pm ET
PBF Energy to Release Second Quarter 2020 Earnings Results
PARSIPPANY, N.J., June 12, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the second quarter 2020 on Friday, July 31, 2020. The company will host a conference call and webcast regarding quarterly results and other business matters on Friday, July 31, 2020, at 8:30 a.m. ET.
May 15, 2020 06:30 am ET
PBF Energy Reports First Quarter 2020 Results
PARSIPPANY, N.J., May 15, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported first quarter 2020 loss from operations of $1,366.8 million as compared to income from operations of $364.6 million for the first quarter of 2019. Excluding special items, first quarter 2020 loss from operations was $134.0 million as compared to loss from operations of $141.4 million for the first quarter of 2019. PBF Energy's financial results reflect the consolidation of PBF Logistics LP (NYSE: PBFX), a master limited partnership of which PBF indirectly owns the general partner and approximately 48% o
May 08, 2020 05:00 pm ET
PBF Energy Announces Change to a Virtual Meeting Format for 2020 Annual Meeting of Stockholders on June 4, 2020
PARSIPPANY, N.J., May 8, 2020 /PRNewswire/ -- To protect the health and safety of its stockholders, employees and other stakeholders during the coronavirus pandemic, PBF Energy Inc. (NYSE: PBF) today announced that that its 2020 Annual Meeting of Stockholders will be conducted through an online virtual meeting, and will not include an in-person event. The previously announced date and time of the 2020 Annual Meeting (June 4, 2020, at 10:00 a.m. Eastern Time), and the business items to be considered at the 2020 Annual Meeting, remain the same. However, stockholders will not be able to attend
May 07, 2020 06:25 pm ET
PBF Energy Announces Pricing of $1.0 Billion of Senior Secured Notes due 2025
PARSIPPANY, N.J., May 7, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), priced $1.0 billion in aggregate principal amount of 9.25% senior secured notes due 2025 (the "Notes") in a private offering. The offering is expected to close on May 13, 2020, subject to customary closing conditions. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding. PBF Holding intends to use the net proceeds from the offering for general corporate purposes.
May 07, 2020 08:40 am ET
PBF Energy Announces Date Change for First Quarter 2020 Earnings Release and Call
PARSIPPANY, N.J., May 7, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it has changed the date of its previously announced earnings release and earnings call and will now report its results for the first quarter 2020 on Friday, May 15, 2020. The company will host a conference call and webcast regarding quarterly results and other business matters on Friday, May 15, 2020, at 8:30 a.m. ET.
May 07, 2020 08:33 am ET
PBF Energy Announces Intention to Offer $1,000.0 million of Senior Secured Notes
PARSIPPANY, N.J., May 7, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), intends to offer, subject to market and other conditions, $1,000.0 million in aggregate principal amount of senior secured notes due 2025 (the "Notes") in a private offering. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding. Completion of the offering is subject to, among other things, pricing and market conditions. PBF Holding intends to use the net proceeds from the offe
Apr 20, 2020 07:00 am ET
Air Products Completes Acquisition of Five Operating Hydrogen Plants for $530 Million from PBF Energy
LEHIGH VALLEY, Pa., April 20, 2020 /PRNewswire/ -- Air Products (NYSE: APD) today announced it has completed the $530 million acquisition of five steam methane reformer (SMR) hydrogen production plants from PBF Energy Inc. (NYSE: PBF), and has commenced the long-term supply of hydrogen from those plants to PBF refineries. The newly acquired Air Products' SMRs, with a combined production capacity of almost 300 million standard cubic feet per day, are located in Torrance and Martinez, California and Delaware City, Delaware. Air Products initially announced this now closed deal on March 30.
Apr 20, 2020 07:00 am ET
PBF Energy Completes Sale of Five Operating Hydrogen Plants for $530 Million to Air Products
PARSIPPANY, N.J., April 20, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced it has completed, and received the $530 million consideration for, the sale of five steam methane reformer (SMR) hydrogen production plants to Air Products (NYSE: APD). PBF Energy has entered into long-term supply agreements with Air Products at the Martinez, Torrance and Delaware City refineries.
Apr 15, 2020 05:30 pm ET
PBF Energy to Release First Quarter 2020 Earnings Results
PARSIPPANY, N.J., April 15, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the first quarter 2020 on Friday, May 8, 2020. The company will host a conference call and webcast regarding quarterly results and other business matters on Friday, May 8, 2020, at 8:30 a.m. ET.
Mar 30, 2020 07:00 am ET
Air Products Signs Agreements to Acquire Five Operating Hydrogen Plants for $530 Million and Long-Term Hydrogen Supply to PBF Energy
LEHIGH VALLEY, Pa., March 30, 2020 /PRNewswire/ -- Air Products (NYSE: APD) today announced it has signed agreements with PBF Energy Inc. (NYSE: PBF) that include the $530 million purchase of five hydrogen steam methane reformer (SMR) hydrogen production plants and the long-term supply of hydrogen from those already operating plants to PBF refineries. The SMRs, with a combined nearly 300 million standard cubic feet per day of production capacity, are located in Torrance and Martinez, California and Delaware City, Delaware. The deal is targeted to close during the third quarter of Air Product
Mar 30, 2020 06:59 am ET
PBF Energy Announces Planned $530 million Hydrogen Plant Sales, Reduction in 2020 Cash Outlays by Over $500 million through Lowered Capital and Operating Expenses, Dividend Suspension and Other Deferr
PARSIPPANY, N.J., March 30, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced a number of decisive steps taken as part of a strategic plan for PBF to navigate current extraordinary and volatile markets. The company has taken the following aggressive steps to increase PBF's flexibility and responsiveness:
Mar 25, 2020 07:49 pm ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PBF Energy Inc. - PBF
NEW YORK, March 25, 2020 /CNW/ -- Pomerantz LLP is investigating claims on behalf of investors of PBF Energy Inc. ("PBF" or the "Company") (NYSE: PBF) Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 9980.
Mar 25, 2020 07:49 pm ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PBF Energy Inc. - PBF
NEW YORK, March 25, 2020 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of PBF Energy Inc. ("PBF" or the "Company") (NYSE: PBF) Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 9980.
Mar 17, 2020 08:04 pm ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PBF Energy Inc. - PBF
Pomerantz LLP is investigating claims on behalf of investors of PBF Energy Inc. (“PBF” or the “Company”) (NYSE: PBF) Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 9980. The...
Mar 13, 2020 03:11 pm ET
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against PBF Energy Inc and Encourages Investors with Losses to Contact the Firm
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of PBF Energy Inc (“PBF” or “the Company”) (NYSE:
Mar 12, 2020 05:26 pm ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PBF Energy Inc. - PBF
Pomerantz LLP is investigating claims on behalf of investors of PBF Energy Inc. (“PBF” or the “Company”) (NYSE: PBF) Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 9980. The...
Oct 31, 2019 06:30 am ET
PBF Energy Reports Third Quarter 2019 Results, Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., Oct. 31, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported third quarter 2019 income from operations of $151.9 million as compared to income from operations of $286.3 million for the third quarter of 2018. Excluding special items, third quarter 2019 income from operations was $165.8 million as compared to income from operations of $232.3 million for the third quarter of 2018. PBF Energy's financial results reflect the consolidation of PBF Logistics LP (NYSE: PBFX), a master limited partnership of which PBF indirectly owns the general partner and approximately
Aug 30, 2019 06:33 pm ET
PBF Energy to Participate in the Barclays CEO Energy-Power Conference
PARSIPPANY, N.J., Aug. 30, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be attending the Barclays CEO Energy-Power Conference being held on September 3-5, 2019.
Aug 01, 2019 06:30 am ET
PBF Energy Reports Second Quarter 2019 Results, Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., Aug. 1, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported second quarter 2019 income from operations of $9.5 million as compared to income from operations of $422.3 million for the second quarter of 2018. Excluding special items, second quarter 2019 income from operations was $191.5 million as compared to income from operations of $264.3 million for the second quarter of 2018. PBF Energy's financial results reflect the consolidation of PBF Logistics LP (NYSE: PBFX), a master limited partnership of which PBF indirectly owns the general partner and approximately
Jul 16, 2019 12:11 pm ET
PBF Energy to Release Third Quarter 2019 Earnings Results
PARSIPPANY, N.J., July 16, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the third quarter 2019 on Thursday, October 31, 2019. The company will host a conference call and webcast regarding third quarter results and other business matters on Thursday, October 31, 2019, at 8:30 a.m. ET.
May 01, 2019 06:30 am ET
PBF Energy Reports First Quarter 2019 Results, Announces Drop-down of Remaining 50% Interest in Torrance Valley Pipeline Company and Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., May 1, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported first quarter 2019 income from operations of $364.6 million as compared to income from operations of $95.7 million for the first quarter of 2018. Excluding special items, first quarter 2019 loss from operations was $141.4 million as compared to income from operations of $8.0 million for the first quarter of 2018. PBF Energy's financial results reflect the consolidation of PBF Logistics LP (NYSE: PBFX), a master limited partnership of which PBF indirectly owns the general partner and approximately 54.1% o
Apr 24, 2019 06:56 pm ET
PBF Logistics Announces Acquisition of Remaining 50% Interest in Torrance Valley Pipeline Company and Provides First Quarter Interim Update
PARSIPPANY, N.J., April 24, 2019 /PRNewswire/ -- PBF Logistics LP (NYSE: PBFX) (the "Partnership" or "PBF Logistics") announced today the execution of definitive agreements for the acquisition of the remaining fifty percent interest in Torrance Valley Pipeline Company LLC ("TVPC") from an affiliate of PBF Energy Inc. (NYSE: PBF) for total consideration of approximately $200 million in cash. The Partnership and PBF Energy currently anticipate closing of the transaction to occur in the second quarter, subject to customary closing conditions. The acquisition is expected to be financed through a
Apr 11, 2019 08:50 am ET
Consolidated Research: 2019 Summary Expectations for Tetra Tech, PBF Energy, 3PEA international, Intevac, Lilis Energy, and American Superconductor — Fundamental Analysis, Key Performance Indications
In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of Tetra Tech, Inc. (NASDAQ:TTEK), PBF Energy Inc. (NYSE:PBF), 3PEA international,...
Mar 22, 2019 11:03 am ET
PBF Energy to Attend Industry Conferences
PARSIPPANY, N.J., March 22, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be attending the Scotia Howard Weil Energy Conference being held on March 24-26, 2019, and the Mizuho Energy Summit on March 31 to April 1, 2019.
Mar 13, 2019 05:22 pm ET
PBF Energy to Release First Quarter 2019 Earnings Results
PARSIPPANY, N.J., March 13, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the first quarter 2019 on Wednesday, May 1, 2019. The company will host a conference call and webcast regarding first quarter results and other business matters on Wednesday, May 1, 2019, at 8:30 a.m. ET.
Feb 28, 2019 08:49 pm ET
PBF Energy and PBF Logistics Close Previously Announced IDR Simplification
PARSIPPANY, N.J., Feb. 28, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) ("PBF Energy") and PBF Logistics LP (NYSE:PBFX) ("PBF Logistics") today closed the IDR Simplification transaction previously announced on February 14, 2019. As a result, PBF Energy holds approximately 30 million PBF Logistics common units, representing 54% of the outstanding common units, with a market value of approximately $655 million based on today's closing price of $21.84.
Feb 21, 2019 04:26 pm ET
PBF Energy to Attend Industry Conferences
PARSIPPANY, N.J., Feb. 21, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be attending the Simmons Energy Conference being held on February 26-28, 2019, and the Bank of America Merrill Lynch 2019 Refining Conference on March 7, 2019.
Feb 14, 2019 05:30 am ET
PBF Energy Reports Fourth Quarter 2018 Results, Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., Feb. 14, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported fourth quarter 2018 loss from operations of $446.2 million as compared to income from operations of $254.6 million for the fourth quarter of 2017. Excluding special items, fourth quarter 2018 income from operations was $213.2 million as compared to income from operations of $57.0 million for the fourth quarter of 2017.
Feb 08, 2019 08:25 am ET
Factors of Influence in 2019, Key Indicators and Opportunity within Helmerich & Payne, Genworth Financial, PBF Energy, EastGroup Properties, Helix Energy, and The Clorox — New Research Emphasizes Econ
In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of Helmerich & Payne, Inc. (NYSE:HP), Genworth Financial, Inc. (NYSE:GNW), PBF...
Jan 02, 2019 04:41 pm ET
PBF Energy to Attend Energy Industry Events
PARSIPPANY, N.J., Jan. 2, 2019 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be participating in the Mizuho Securities Virtual Refining Conference on January 3, 2019, and attending the Goldman Sachs Global Energy Conference on January 8, 2019.
Dec 19, 2018 03:56 pm ET
PBF Energy to Release Fourth Quarter 2018 Earnings Results
PARSIPPANY, N.J., Dec. 19, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the fourth quarter 2018 on Thursday, February 14, 2019. The company will host a conference call and webcast regarding fourth quarter results and other business matters on Thursday, February 14, 2019, at 8:30 a.m. ET.
Nov 27, 2018 08:00 am ET
Linde to partner with Delaware City Refining Company to establish new hydrogen production facilities
BRIDGEWATER, N.J. and PARSIPPANY, N.J., Nov. 27, 2018 /PRNewswire/ -- Linde and PBF Energy (NYSE:PBF) are pleased to jointly announce that the companies and their guests broke ground yesterday for a new hydrogen plant that is being built in Delaware City, DE, in partnership with PBF subsidiary Delaware City Refining Company (DCRC). Delaware Gov. John Carney; U.S. Senators Tom Carper (D-DE) and Chris Coons (D-DE); Delaware City Mayor Stanley E. Green; and other dignitaries joined executives from Linde, PBF Energy, and DCRC in the groundbreaking ceremony. Also in attendance were Kevin Herbein
Nov 27, 2018 08:00 am ET
Linde to partner with Delaware City Refining Company to establish new hydrogen production facilities
BRIDGEWATER, N.J. and PARSIPPANY, N.J., Nov. 27, 2018 /PRNewswire/ -- Linde and PBF Energy (NYSE: PBF) are pleased to jointly announce that the companies and their guests broke ground yesterday for a new hydrogen plant that is being built in Delaware City, DE, in partnership with PBF subsidiary Delaware City Refining Company (DCRC). Delaware Gov. John Carney; U.S. Senators Tom Carper (D-DE) and Chris Coons (D-DE); Delaware City Mayor Stanley E. Green; and other dignitaries joined executives from Linde, PBF Energy, and DCRC in the groundbreaking ceremony. Also in attendance were Kevin Herbei
Nov 08, 2018 07:30 am ET
Detailed Research: Economic Perspectives on Gogo, Aevi Genomic Medicine, PBF Energy, SiteOne Landscape Supply, Douglas Dynamics, and Dine Brands Global — What Drives Growth in Today's Competitive Land
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Gogo Inc. (NASDAQ:GOGO), Aevi Genomic Medicine, Inc. (NASDAQ:GNMX), PBF...
Oct 31, 2018 06:30 am ET
PBF Energy Reports Third Quarter 2018 Results, Announces Approval of Chalmette Coker Restart and Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., Oct. 31, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported third quarter 2018 income from operations of $286.4 million as compared to income from operations of $587.3 million for the third quarter of 2017. Excluding special items, third quarter 2018 income from operations was $232.4 million as compared to income from operations of $322.2 million for the third quarter of 2017. PBF Energy's financial results reflect the consolidation of PBF Logistics LP (NYSE: PBFX), a master limited partnership of which PBF indirectly owns the general partner and approximately
Oct 02, 2018 07:40 am ET
Market Trends Toward New Normal in SiteOne Landscape Supply, Telephone and Data, HealthEquity, PBF Energy, Granite Construction, and IDACORP — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of SiteOne Landscape Supply, Inc. (NYSE:SITE), Telephone and Data Systems,...
Sep 18, 2018 05:46 pm ET
PBF Energy to Release Third Quarter 2018 Earnings Results
PARSIPPANY, N.J., Sept. 18, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the third quarter 2018 on Wednesday, October 31, 2018. The company will host a conference call and webcast regarding third quarter results and other business matters on Wednesday, October 31, 2018, at 8:30 a.m. ET.
Aug 29, 2018 02:18 pm ET
PBF Energy to Participate in the Barclays CEO Energy-Power Conference
PARSIPPANY, N.J., Aug. 29, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that the company's management will be participating in the Barclays CEO Energy-Power Conference on September 5, 2018.
Aug 10, 2018 08:08 am ET
PBF Energy Prices Public Offering of 6,000,000 Shares of its Class A Common Stock
PARSIPPANY, N.J., Aug. 10, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) ("PBF Energy") announced today that it has priced its previously announced underwritten public offering (the "Offering") of 6 million shares of its Class A common stock for total gross proceeds of approximately $291 million. The underwriter of the Offering will have a thirty day option to purchase up to 900,000 additional shares. The Offering is expected to close on August 14, 2018, subject to customary closing conditions.
Aug 09, 2018 04:33 pm ET
PBF Energy Announces Public Offering of its Class A Common Stock
PARSIPPANY, N.J., Aug. 9, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) ("PBF Energy") announced today that it has commenced an underwritten public offering (the "Offering") of 6 million shares of its Class A common stock. The underwriter of the Offering will have a thirty day option to purchase up to 900,000 additional shares.
Aug 02, 2018 06:30 am ET
PBF Energy Reports Second Quarter 2018 Results, Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., Aug. 2, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported second quarter 2018 income from operations of $422.3 million as compared to loss from operations of $111.0 million for the second quarter of 2017. Excluding special items, second quarter 2018 income from operations was $264.3 million as compared to income from operations of $40.0 million for the second quarter of 2017. Special items in the second quarter 2018 results, which increased operating income, include a net, non-cash, after-tax gain of $116.3 million, or $1.00 per share, lower-of-cost-or-market
Jun 26, 2018 07:50 am ET
Analysis: Positioning to Benefit within PBF Energy, Callaway Golf, Total System Services, Comcast, The Cheesecake Factory, and Clovis Oncology — Research Highlights Growth, Revenue, and Consolidated R
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of PBF Energy Inc. (NYSE:PBF), Callaway Golf Company (NYSE:ELY), Total System...
Jun 25, 2018 02:22 pm ET
PBF Energy to Release Second Quarter 2018 Earnings Results
PARSIPPANY, N.J., June 25, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the second quarter 2018 on Thursday, August 2, 2018. The company will host a conference call and webcast regarding second quarter results and other business matters on Thursday, August 2, 2018, at 8:30 a.m. ET.
Jun 15, 2018 12:32 pm ET
PBF Energy to Attend the 2018 J.P. Morgan Energy Conference
PARSIPPANY, N.J., June 15, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that the company's management will be attending the 2018 J.P. Morgan Energy Conference on June 19, 2018, taking place in New York, New York.
Jun 08, 2018 01:34 pm ET
PBF Energy to Attend the Wells Fargo West Coast Energy Conference
PARSIPPANY, N.J., June 8, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be attending the Wells Fargo West Coast Energy Conference on June 12, 2018, taking place in San Francisco, California.
May 08, 2018 08:30 am ET
Investor Expectations to Drive Momentum within Masco, Murphy Oil, NGL Energy Partners LP, PBF Energy, PDL BioPharma, and Phillips 66 — Discovering Underlying Factors of Influence
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Masco Corporation (NYSE:MAS), Murphy Oil Corporation (NYSE:MUR), NGL...
May 03, 2018 06:30 am ET
PBF Energy Reports First Quarter 2018 Results, Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., May 3, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported first quarter 2018 income from operations of $95.7 million as compared to income from operations of $0.8 million for the first quarter of 2017. Excluding special items, first quarter 2018 income from operations was $8.0 million as compared to income from operations of $16.8 million for the first quarter of 2017. Special items in the first quarter 2018 results, which increased operating income, include a net, non-cash, after-tax gain of $64.5 million, or $0.56 per share, lower-of-cost-or-market ("LCM") in
May 03, 2018 06:30 am ET
PBF Logistics Increases Quarterly Distribution to $0.49 per Unit and Announces First Quarter 2018 Earnings Results
PARSIPPANY, N.J., May 3, 2018 /PRNewswire/ -- PBF Logistics LP (NYSE: PBFX, the "Partnership") today announced first quarter 2018 net income attributable to the limited partners of $18.3 million, or $0.43 per common unit, net of the General Partner interest. During the quarter, the Partnership generated cash from operations of approximately $44.1 million, earnings before interest, income taxes, depreciation, and amortization ("EBITDA") of $36.3 million and distributable cash flow of $26.2 million.
Apr 16, 2018 04:15 pm ET
PBF Logistics Announces Multi-Asset Growth Acquisitions
PARSIPPANY, N.J., April 16, 2018 /PRNewswire/ -- PBF Logistics LP, including wholly-owned subsidiaries, (NYSE: PBFX, the "Partnership" or "PBF Logistics") announced today that it has entered into multiple agreements delivering accretive growth to the Partnership. PBF Logistics acquired, effective today, the third-party Cummins Terminal, located in Knoxville, TN. Additionally, the Partnership has reached an agreement to acquire several development assets from subsidiaries of PBF Energy Inc. (NYSE: PBF, "PBF Energy"), its sponsor. The execution of definitive agreements for, and the clos
Mar 28, 2018 04:40 pm ET
PBF Energy to Release First Quarter 2018 Earnings Results
PARSIPPANY, N.J., March 28, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the first quarter 2018 on Thursday, May 3, 2018. The company will host a conference call and webcast regarding first quarter results and other business matters on Thursday, May 3, 2018, at 8:30 a.m. ET.
Mar 23, 2018 12:19 pm ET
PBF Energy to Attend the Scotia Howard Weil Energy Conference
PARSIPPANY, N.J., March 23, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be attending the Scotia Howard Weil 2018 Energy Conference from March 25, to March 27, 2018, taking place in New Orleans, Louisiana.
Mar 07, 2018 07:45 am ET
Report: Developing Opportunities within Seattle Genetics, PBF Energy, Chipotle Mexican Grill, CIT Group Inc (DEL), PDL BioPharma, and Dollar General — Future Expectations, Projections Moving into 2018
NEW YORK, March 07, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Seattle Genetics, Inc. (NASDAQ:SGEN), PBF Energy...
Mar 05, 2018 04:54 pm ET
PBF Energy to Attend Bank of America Merrill Lynch Refining Conference
PARSIPPANY, N.J., March 5, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that the company's management will be participating in meetings with investors at the Bank of America Merrill Lynch 2018 Refining Conference on March 8, 2018 taking place in New York, New York.
Feb 15, 2018 06:20 am ET
PBF Energy, Inc. Class A to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 15, 2018 / PBF Energy, Inc. Class A (NYSE: PBF) will be discussing their earnings results in their Q4 Earnings Call to be held on February 15, 2018 at 8:30 AM Eastern Time.
Feb 15, 2018 05:30 am ET
PBF Energy Reports Fourth Quarter 2017 Results, Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., Feb. 15, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported fourth quarter 2017 income from operations of $253.5 million as compared to income from operations of $139.8 million for the fourth quarter of 2016. The company reported fourth quarter 2017 net income of $260.4 million, and net income attributable to PBF Energy Inc. of $241.9 million or $2.14 per share. This compares to net income of $71.8 million, and net income attributable to PBF Energy Inc. of $54.6 million or $0.54 per share for the fourth quarter 2016. Net income attributable to PBF Energy Inc. f
Jan 12, 2018 04:12 pm ET
PBF Energy to Release Fourth Quarter 2017 Earnings Results
PARSIPPANY, N.J., Jan. 12, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the fourth quarter 2017 on Thursday, February 15, 2018. The company will host a conference call and webcast regarding fourth quarter results and other business matters on Thursday, February 15, 2018, at 8:30 a.m. ET.
Dec 28, 2017 06:00 am ET
PBF Energy to Attend Industry Conferences
PARSIPPANY, N.J., Dec. 28, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that the company's management will be participating in meetings with investors at the Wolfe Research Refining Conference on January 3, 2018 taking place in Boston, Massachusetts and the Goldman Sachs Global Energy Conference on January 10, 2016 taking place in Miami, Florida.
Dec 08, 2017 05:50 am ET
PBF Energy Announces Election of George E. Ogden as Director
PARSIPPANY, N.J., Dec, 8, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced that George E. Ogden has been elected as an independent director effective January 1, 2018.
Nov 20, 2017 03:53 pm ET
PBF Holding Company LLC Announces Extension of Exchange Offer for 7.25% Senior Notes Due 2025
PARSIPPANY, N.J., Nov. 20, 2017 /PRNewswire/ -- PBF Holding Company LLC announced today that it has extended the deadline with respect to its offer to exchange $725,000,000 of its 7.25% Senior Notes due 2025 (new notes), which have been registered under the Securities Act of 1933 (Securities Act), for $725,000,000 of its issued and outstanding 7.25% Senior Notes due 2025, which are not registered under the Securities Act (old notes). As a result of the extension, the exchange offer is now scheduled to expire at 5:00 p.m., New York City time, on December 4, 2017, unless further extended.
Nov 09, 2017 08:00 am ET
Research Report Identifies Quintiles IMS Holdings, CommScope, KapStone Paper and Packaging, Cadence, ILG, and PBF with Renewed Outlook – Fundamental Analysis, Calculating Forward Movement
NEW YORK, Nov. 09, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Quintiles IMS Holdings, Inc. (NYSE:Q), CommScope...
Nov 02, 2017 07:30 am ET
PBF Energy Reports Third Quarter 2017 Results, Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., Nov. 2, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported third quarter 2017 income from operations of $587.2 million as compared to income from operations of $129.7 million for the third quarter of 2016. Excluding special items, third quarter 2017 income from operations was $322.1 million as compared to income from operations of $25.7 million for the third quarter of 2016. Special items in the third quarter 2017 results, which increased operating income, include a net, non-cash, after-tax gain of $160.7 million, or $1.41 per share, lower-of-cost-or-market ("L
Sep 19, 2017 04:55 pm ET
PBF Energy to Release Third Quarter 2017 Earnings Results
PARSIPPANY, N.J., Sept. 19, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the third quarter 2017 on Thursday, November 2, 2017. The company will host a conference call and webcast regarding third quarter results and other business matters on Thursday, November 2, 2017, at 8:30 a.m. ET.
Sep 01, 2017 01:02 pm ET
PBF Energy to Participate in the Barclays CEO Energy-Power Conference
PARSIPPANY, N.J., Sept. 1, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that the company's management will be participating in the Barclays CEO Energy-Power Conference on September 6, 2017.
Aug 03, 2017 07:30 am ET
PBF Energy Reports Second Quarter 2017 Results, Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., Aug. 3, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported second quarter 2017 loss from operations of $111.1 million as compared to income from operations of $234.8 million for the second quarter of 2016. Excluding special items, second quarter 2017 income from operations was $39.9 million as compared to income from operations of $77.0 million for the second quarter of 2016. Special items in the second quarter 2017 results include a net, non-cash, after-tax loss of $91.6 million, or $0.81 per share, lower-of-cost-or-market ("LCM") inventory adjustment which de
Aug 02, 2017 01:15 pm ET
PBF Energy Announces Election of Kimberly S. Lubel as Director
PARSIPPANY, N.J., Aug. 2, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced that Kimberly S. Lubel has been elected as an independent director effective August 2, 2017.
Jun 23, 2017 05:30 pm ET
PBF Energy to Attend J.P. Morgan Energy Conference
PARSIPPANY, N.J., June 23, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be presenting and participating in meetings with investors at the J.P. Morgan Energy Equity Conference on June 28, 2017.
Jun 23, 2017 12:44 pm ET
PBF Energy to Release Second Quarter 2017 Earnings Results
PARSIPPANY, N.J., June 23, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the second quarter 2017 on Thursday, August 3, 2017. The company will host a conference call and webcast regarding second quarter results and other business matters on Thursday, August 3, 2017, at 8:30 a.m. ET.
Jun 16, 2017 05:30 pm ET
PBF Energy to Attend Wells Fargo Energy Conference
PARSIPPANY, N.J., June 16, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be participating in meetings with investors at the Wells Fargo West Coast Energy Conference from June 20 to June 21, 2017.
May 26, 2017 08:34 pm ET
PBF Energy Announces Expiration and Results of Cash Tender Offer by PBF Holding for Any and All of its Outstanding 8.25% Senior Secured Notes due 2020
PARSIPPANY, N.J., May 26, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that the previously announced cash tender offer (the "offer") by its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), to purchase any and all of the outstanding 8.25% Senior Secured Notes due 2020 (CUSIP: 69318FAB4) (the "Notes") issued by PBF Holding and PBF Finance Corporation expired at 5:00 p.m., New York City time, on May 26, 2017 (the "Expiration Time").
May 22, 2017 06:14 pm ET
PBF Energy Announces Pricing of $725 Million of 7.25% Senior Notes due 2025
PARSIPPANY, N.J., May 22, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) ("PBF Energy") announced today that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), priced $725 million in aggregate principal amount of 7.25% senior notes due 2025 (the "Notes") in a private offering. The offering is expected to close on May 30, 2017, subject to customary closing conditions. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding.
May 22, 2017 07:57 am ET
PBF Energy Announces Cash Tender Offer by PBF Holding Company for Any and All of its Outstanding 8.25% Senior Secured Notes due 2020
PARSIPPANY, N.J., May 22, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), commenced a cash tender offer to purchase any and all of the $675,500,000 in aggregate principal amount outstanding of 8.25% Senior Secured Notes due 2020 (CUSIP: 69318FAB4) (the "Notes") issued by PBF Holding and PBF Finance Corporation. The tender offer is being made pursuant to an "Offer to Purchase" dated today, which sets forth a more comprehensive description of the terms of the offer. The table below sets forth information w
May 22, 2017 07:55 am ET
PBF Energy Announces Intention to Offer $725 Million of Senior Notes
PARSIPPANY, N.J., May 22, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), intends to offer, subject to market and other conditions, $725 million in aggregate principal amount of senior notes due 2025 (the "Notes") in a private offering. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding.
May 05, 2017 01:00 pm ET
PBF Energy to Attend Industry Conferences
PARSIPPANY, N.J., May 5, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be participating in meetings with investors at the Citi Global Energy and Utilities Conference on May 10, 2017, and the Morgan Stanley Refining Conference on May 11, 2017.
May 04, 2017 07:30 am ET
PBF Energy Reports First Quarter 2017 Results, Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., May 4, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported first quarter 2017 income from operations of $0.7 million as compared to a net loss from operations of $5.4 million for the first quarter of 2016. Excluding special items, first quarter 2017 income from operations was $16.7 million as compared to a loss from operations of $64.5 million for the first quarter of 2016. Special items in the first quarter 2017 results include a net, non-cash, after-tax loss of $9.7 million, or $0.09 per share, lower-of-cost-or-market ("LCM") inventory adjustment which decreas
Apr 25, 2017 06:58 pm ET
PBF Energy Set to Join S&P MidCap 400; Apollo Commercial Real Estate Finance and Waddell & Reed Financial to Join S&P SmallCap 600
NEW YORK, April 25, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open on Friday, April 28:
Apr 17, 2017 12:22 pm ET
PBF Logistics Announces Acquisition of Toledo Terminal from Sunoco Logistics
PARSIPPANY, N.J., April 17, 2017 /PRNewswire/ -- PBF Logistics LP (NYSE: PBFX) (the "Partnership") announced today that its wholly-owned subsidiary has acquired the Toledo, Ohio, refined products terminal assets of Sunoco Logistics LP ("Sunoco Logistics") for $10.0 million in cash. The Toledo Terminal is directly connected to and currently supplied by PBF Energy Inc.'s (NYSE: PBF) Toledo refinery.
Mar 24, 2017 01:14 pm ET
PBF Energy to Release First Quarter 2017 Earnings Results
PARSIPPANY, N.J., March 24, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the first quarter 2017 on Thursday, May 4, 2017. The company will host a conference call and webcast regarding first quarter results and other business matters on Thursday, May 4, 2017, at 8:30 a.m. ET.
Mar 22, 2017 02:17 pm ET
PBF Energy Will Participate in the Scotia Howard Weil 2017 Energy Conference
PARSIPPANY, N.J., March 22, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that Tom Nimbley, Chairman and Chief Executive Officer, will present at the Scotia Howard Weil Energy Conference on Monday, March 27, 2017. The company's management will also participate in meetings with investors on March 27, 2017, and March 28, 2017.
Feb 22, 2017 05:48 pm ET
PBF Energy Will Participate in the Bank of America Merrill Lynch Refining Conference
PARSIPPANY, N.J., Feb. 22, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be participating in meetings with investors at the Bank of America Merrill Lynch Refining Conference on Thursday, March 2, 2017.
Feb 16, 2017 06:30 am ET
PBF Energy Reports Fourth Quarter 2016 Results, Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., Feb. 16, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported fourth quarter 2016 income from operations of $139.8 million as compared to a loss from operations of $178.4 million for fourth quarter of 2015. Excluding special items, fourth quarter 2016 loss from operations was $60.7 million as compared to income from operations of $167.7 million for the fourth quarter of 2015. Special items in the fourth quarter 2016 results include a net, non-cash, after-tax gain of $122.2 million, or $1.17 per share, lower-of-cost-or-market ("LCM") inventory adjustment and an aft
Feb 09, 2017 08:30 am ET
Oil and Gas Stocks Worth Watching as OPEC Production Cuts Fuel Positive Outlook
PALM BEACH, Florida, February 9, 2017 /PRNewswire/ --
Jan 12, 2017 06:18 pm ET
PBF Energy to Release Fourth Quarter 2016 Earnings Results
PARSIPPANY, N.J., Jan. 12, 2017 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the fourth quarter 2016 on Thursday, February 16, 2017. The company will host a conference call and webcast regarding fourth quarter results and other business matters on Thursday, February 16, 2017, at 8:30 a.m. ET.
Jan 06, 2017 04:28 pm ET
PBF Holding Company LLC Announces Extension of Exchange Offer for 7.00% Senior Secured Notes Due 2023
PARSIPPANY, N.J, Jan. 6, 2017 /PRNewswire/ -- PBF Holding Company LLC announced today that it has extended the deadline with respect to its offer to exchange $500,000,000 of its 7.00% Senior Secured Notes due 2023 (new notes), which have been registered under the Securities Act of 1933 (Securities Act), for $500,000,000 of its issued and outstanding 7.00% Senior Secured Notes due 2023, which are not registered under the Securities Act (old notes). As a result of the extension, the exchange offer is now scheduled to expire at 12:00 a.m. midnight, New York City time, on January 12, 2017, unles
Dec 23, 2016 05:00 pm ET
PBF Energy to Attend Industry Conferences
PARSIPPANY, N.J., Dec. 23, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that the company's management will be participating in meetings with investors at the Wolfe Research Refining Conference on January 4, 2016 taking place in Boston, Massachusetts and the Goldman Sachs Global Energy Conference on January 5, 2016 taking place in Orlando, Florida.
Dec 15, 2016 09:31 am ET
InvestorsObserver releases covered-call reports for Callon Petroleum, Freeport-McMoRan, PBF Energy Inc., Universal Health Services Inc. and Yahoo!
CHICAGO, Dec. 15, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CPE, FCX, PBF, UHS, and YHOO.
Dec 13, 2016 07:45 pm ET
PBF Energy Prices Public Offering of 10,000,000 Shares of Class A Common Stock
PARSIPPANY, N.J., Dec. 13, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) ("PBF Energy") announced today that it has priced its previously announced underwritten public offering (the "Offering") of 10,000,000 shares of its Class A common stock for total gross proceeds of approximately $277.5 million. The underwriter has offered the shares at prevailing market prices or otherwise from time to time through the New York Stock Exchange, in the over-the-counter market or through negotiated transactions. The underwriter has a 30-day option to purchase up to 1,500,000 additional shares. The Offe
Dec 13, 2016 04:39 pm ET
PBF Energy Announces Public Offering of its Class A Common Stock
PARSIPPANY, N.J., Dec. 13, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) ("PBF Energy") announced today that it has commenced an underwritten public offering (the "Offering") of 10,000,000 shares of its Class A common stock. The underwriter has an option to purchase up to 1,500,000 additional shares.
Oct 28, 2016 07:30 am ET
PBF Energy Reports Third Quarter 2016 Results, Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., Oct. 28, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported a third quarter 2016 income from operations of $129.7 million as compared to income from operations of $92.3 million for third quarter of 2015. Excluding special items, third quarter 2016 income from operations was $25.7 million as compared to income from operations of $300.6 million for the third quarter of 2015. Special items in the third quarter 2016 results include a net, non-cash, after-tax gain of $62.8 million, or $0.61 per share, lower-of-cost-or-market ("LCM") inventory adjustment which increa
Sep 21, 2016 04:38 pm ET
PBF Energy to Release Third Quarter 2016 Earnings Results
PARSIPPANY, N.J., Sept. 21, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the third quarter 2016 on Friday, October 28, 2016. The company will host a conference call and webcast regarding third quarter results and other business matters on Friday, October 28, 2016, at 8:30 a.m. ET.
Sep 12, 2016 06:11 pm ET
PBF Logistics LP Announces Exercise of Option to purchase Additional Units
PARSIPPANY, N.J., Sept. 12, 2016 /PRNewswire/ -- PBF Logistics LP (NYSE:PBFX, the "Partnership") announced today that the underwriter of its previously announced registered underwritten public offering of 4,000,000 common units representing limited partner interests has exercised its option to purchase an additional 375,000 common units. Total gross proceeds (before underwriter's discounts and commissions) for the full 4,375,000 common units will be approximately $88 million.
Sep 01, 2016 03:07 pm ET
PBF Logistics Completes Acquisition of Torrance Valley Pipeline Interest
PARSIPPANY, N.J., Sept. 1, 2016 /PRNewswire/ -- PBF Logistics LP (NYSE: PBFX, the "Partnership") announced today that it acquired a 50 percent interest in Torrance Valley Pipeline Company LLC (the "TVPC") from an affiliate of PBF Energy Inc. (NYSE: PBF) for a total consideration of approximately $175.0 million in cash. The acquisition was financed with cash on hand, borrowings under its revolving credit facility and proceeds from a successful public offering of common units completed in August.
Aug 30, 2016 05:30 pm ET
PBF Energy to Participate in the Barclays CEO Energy-Power Conference
PARSIPPANY, N.J., Aug. 30, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will participate in the Barclays CEO Energy-Power Conference on September 7, 2016. The company's presentation will be available on the Investor Relations section of the PBF Energy website at www.pbfenergy.com.
Aug 12, 2016 10:10 am ET
PBF Logistics LP Prices Public Offering of 4,000,000 Common Units Representing Limited Partner Interests
PARSIPPANY, N.J., Aug. 12, 2016 /PRNewswire/ -- PBF Logistics LP (NYSE: PBFX, the "Partnership") announced today that its previously announced registered underwritten public offering of 4,000,000 common units representing limited partner interests has been priced for total gross proceeds of approximately $80,600,000. The underwriter has offered the common units at prevailing market prices or otherwise from time to time through the New York Stock Exchange, in the over-the-counter-market or through negotiated transactions. The underwriter has a 30-day option to purchase up to 600,000 addition
Aug 11, 2016 05:30 pm ET
PBF Logistics Announces Intent to Acquire Torrance Valley Pipeline Interest
PARSIPPANY, N.J., Aug. 11, 2016 /PRNewswire/ -- PBF Logistics LP (NYSE:PBFX, the "Partnership") announced today that it has entered into a letter of intent to acquire a 50 percent interest in Torrance Valley Pipeline Company LLC (the "TVPC") from an affiliate of PBF Energy Inc. (NYSE:PBF) for a total consideration of approximately $175.0 million in cash. The letter of intent sets forth the terms and conditions under which PBF Energy intends to and would be willing to enter into mutually acceptable definitive agreements containing material terms consistent with those described in this release
Jul 29, 2016 07:30 am ET
PBF Energy Reports Second Quarter 2016 Results, Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., July 29, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported a second quarter 2016 income from operations of $234.8 million as compared to income from operations of $273.8 million for the second quarter of 2015. Excluding special items, second quarter 2016 income from operations was $77.0 million as compared to income from operations of $167.8 million for the second quarter of 2015. Special items in the second quarter 2016 results include a net, non-cash, after-tax gain of $95.3 million, or $0.92 per share, lower-of-cost-or-market ("LCM") inventory adjustment whi
Jul 01, 2016 07:30 am ET
PBF Energy Completes Acquisition of the Torrance Refinery and Related Logistics Assets
PARSIPPANY, N.J., July 1, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that its subsidiary completed its acquisition of the 155,000 barrel-per-day Torrance refinery, and related logistics assets, from ExxonMobil. With the acquisition, PBF increased its total throughput capacity to approximately 900,000 barrels per day and becomes the fourth largest independent refiner in North America. The purchase price for the assets was $537.5 million, plus working capital. PBF financed the transaction with a combination of cash, including proceeds from its $350 million public equity o
Jun 23, 2016 06:21 pm ET
PBF Energy to Release Second Quarter 2016 Earnings Results
PARSIPPANY, N.J., June 23, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings for the second quarter 2016 on Friday, July 29, 2016. The company will host a conference call and webcast regarding second quarter results and other business matters on Friday, July 29, 2016, at 8:30 a.m. ET.
Jun 17, 2016 05:30 pm ET
PBF Energy to Attend Industry Conferences
PARSIPPANY, N.J., June 17, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will attend the Wells Fargo West Coast Energy Conference on June 21 – 22, 2016, and the J.P. Morgan Inaugural Energy Equity Conference on June 28, 2016.
May 27, 2016 05:30 pm ET
PBF Energy and PBF Logistics Announce Retirement of Thomas D. O'Malley
PARSIPPANY, N.J., May 27, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) and PBF Logistics LP (NYSE:PBFX) announced today that Thomas D. O'Malley, will retire from his positions at the Companies at the end of June 2016. Thomas Nimbley, Chief Executive Officer of PBF and PBFX, will also assume the title of Chairman of the Board upon Mr. O'Malley's retirement. Mr. O'Malley will continue to act as a consultant to PBF through December 2018.
May 09, 2016 05:30 pm ET
PBF Energy to Attend Morgan Stanley Refining Corporate Access Day
PARSIPPANY, N.J., May 9, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be meeting with institutional investors at the Morgan Stanley Refining Corporate Access Day on May 12, 2016.
Apr 28, 2016 07:29 am ET
PBF Energy Reports First Quarter 2016 Results, Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., April 28, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported a first quarter 2016 operating loss, excluding special items, of $64.5 million as compared to operating income of $151.2 million for the first quarter of 2015. Special items in the first quarter 2016 results include a net, non-cash, after-tax gain of $35.7 million, or $0.35 per share, lower-of-cost-or-market ("LCM") inventory adjustment which reduced the operating loss.
Mar 31, 2016 07:03 pm ET
PBF Logistics LP Announces Exercise of Option to Purchase Additional Units
PARSIPPANY, N.J., March 31, 2016 /PRNewswire/ -- PBF Logistics LP (NYSE: PBFX) (the "Partnership") announced today that the underwriter of its previously announced registered underwritten public offering of 2,500,000 common units representing limited partner interests has exercised in full its option to purchase an additional 375,000 common units. Total gross proceeds (before underwriter's discounts and commissions) for the full 2,875,000 common units will be approximately $53 million. The offering is expected to close on April 5, 2016, subject to customary closing conditions.
Mar 31, 2016 09:33 am ET
PBF Logistics LP Prices Public Offering of 2,500,000 Common Units Representing Limited Partner Interests
PARSIPPANY, N.J., March 31, 2016 /PRNewswire/ -- PBF Logistics LP (NYSE: PBFX, the "Partnership") announced today that its previously announced registered underwritten public offering of 2,500,000 common units representing limited partner interests has been priced for total gross proceeds (before underwriter's discounts and commissions) of approximately $46 million. The underwriter has offered the common units at prevailing market prices or otherwise from time to time through the New York Stock Exchange, in the over-the-counter-market or through negotiated transactions. The underwriter has a
Mar 23, 2016 04:02 pm ET
PBF Energy to Release First Quarter 2016 Earnings Results
PARSIPPANY, N.J., March 23, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings for the first quarter 2016 on Thursday, April 28, 2016. The company will host a conference call and webcast regarding first quarter results and other business matters on Thursday, April 28, 2016, at 8:30 a.m. ET.
Mar 16, 2016 07:13 pm ET
PBF Energy to Attend Scotia Howard Weil Energy Conference
PARSIPPANY, N.J., March 16, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be presenting to and meeting with investors at the Scotia Howard Weil Energy Conference on March 21 and 22, 2016.
Feb 26, 2016 05:20 pm ET
PBF Energy to Attend Bank of America Merrill Lynch Refining Conference
PARSIPPANY, N.J., Feb. 26, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be presenting to and participating in meetings with investors at the Bank of America Merrill Lynch Refining Conference to be held in New York City on March 3, 2016.
Feb 19, 2016 04:30 pm ET
PBF Energy to Attend Credit Suisse Energy Summit
PARSIPPANY, N.J., Feb. 19, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that the company's management will be presenting and participating in meetings with investors at the Credit Suisse Energy Summit taking place in Vail, Colorado, from February 23 through February 25, 2016.
Feb 11, 2016 06:30 am ET
PBF Energy Announces Retirement of Director Jefferson F. Allen; Elects Two New Board Members
PARSIPPANY, N.J., Feb. 11, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that Jefferson F. Allen will not seek re-election as a director at the end of his current term which ends at the 2016 Annual Meeting of Stockholders. Mr. Allen's decision not to seek re-election was not the result of any disagreement with the Company or the Board of Directors.
Feb 11, 2016 06:30 am ET
PBF Energy Reports Fourth Quarter and Full Year 2015 Results, Declares Dividend of $0.30 Per Share
PARSIPPANY, N.J., Feb. 11, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported fourth quarter 2015 operating income, excluding special items, of $167.7 million versus operating income of $208.6 million for the fourth quarter of 2014. Special items in the fourth quarter 2015 results include two notable non-cash, after-tax items, a $209.0 million lower-of-cost-or-market ("LCM") inventory charge and a $12.3 million benefit related to a change in a tax receivable agreement liability.
Feb 01, 2016 05:46 pm ET
PBF Energy Provides Update on Delaware City Refinery Operations
PARSIPPANY, N.J., Feb. 1, 2016 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) announced today that its Delaware City Refinery experienced a plant-wide, unplanned shutdown on January 24, 2016, due to a loss of power during a severe winter storm. The refinery was safely shutdown and there were no injuries. Given prevailing market conditions and current operational capability, the company has decided to move forward its scheduled turnaround of the Delaware City coker and other related units. Personnel are working to return non-affected units to reduced operations. We expect the refinery to complet
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