Welcome to our dedicated page for Pbf Energy news (Ticker: PBF), a resource for investors and traders seeking the latest updates and insights on Pbf Energy stock.
PBF Energy Inc (NYSE: PBF) is a leading independent refiner of crude oil and supplier of petroleum products across North America, operating integrated refining and logistics assets. This page provides investors and industry observers with a centralized source for all official company announcements, including earnings reports, operational updates, and strategic developments.
Access real-time updates on PBF Energy's refining activities, logistics expansions through its PBFX segment, and market-moving news. Our curated collection includes press releases on acquisitions, partnership agreements, sustainability initiatives, and financial performance – all essential for informed analysis of this energy sector player.
Key news categories cover refinery operations across Delaware, Ohio, New Jersey, California, and Louisiana; supply chain optimizations; and strategic growth efforts in petroleum refining. Bookmark this page to monitor how PBF Energy navigates evolving energy markets through its dual focus on operational efficiency and infrastructure investments.
PBF Energy Inc. announced the election of Paul Donahue as an independent director, effective January 1, 2022. Donahue brings over 33 years of experience in finance and the energy sector, previously serving as Head of Americas Equity Capital Markets at Morgan Stanley. Thomas J. Nimbley, CEO, expressed confidence in Donahue's capabilities to enhance the board. PBF Energy is a leading independent refiner in North America, with operations across several states and substantial interests in PBF Logistics LP (NYSE: PBFX).
PBF Energy Inc. (NYSE: PBF) will release its fourth-quarter 2021 earnings results on February 10, 2022, at 8:30 a.m. ET. A conference call will follow, which can be accessed via PBF's website or by phone at (877) 869-3847 or (201) 689-8261. The audio replay will be available shortly after the call. PBF Energy is a premier independent refiner in North America, with operational facilities in states including California, Delaware, and New Jersey. It also holds around 48% of the limited partnership interest in PBF Logistics LP (NYSE: PBFX).
PBF Energy Inc. (NYSE:PBF) announced its participation in two upcoming virtual conferences: the Sankey Research Virtual Refining Conference on January 3, 2022, and the Goldman Sachs Global Energy and Clean Technology Conference on January 5-6, 2022. PBF Energy operates major oil refineries across North America, including facilities in California, Delaware, Louisiana, New Jersey, and Ohio. The company aims to ensure safe and environmentally responsible operations while delivering value to investors. Additionally, PBF Energy holds approximately 48% of PBF Logistics LP (NYSE: PBFX).
PBF Energy Inc. (NYSE:PBF) will participate in the Cowen 2021 Energy Summit virtually on December 2, 2021. This event will feature members of the management team engaging with investors and industry analysts. PBF Energy is one of the largest independent refiners in North America, with operations across several states including California, Delaware, Louisiana, New Jersey, and Ohio. The company holds a significant interest in PBF Logistics LP (NYSE: PBFX), reinforcing its position in the energy sector.
PBF Energy reported a third quarter 2021 income from operations of $100.9 million, rebounding from a loss of $342.7 million in Q3 2020. Net income was $78.7 million, or $0.49 per share, compared to a net loss of $397.8 million in the same period last year. The results reflect improved demand, despite challenges from Hurricane Ida and regulatory issues impacting the refining sector. The company has reduced consolidated debt by approximately $304 million and maintains operational liquidity over $2.6 billion. PBF plans a renewable fuels project at its Chalmette refinery to enhance growth.
PBF Energy Inc. (NYSE:PBF) will announce its third-quarter earnings on October 28, 2021. A conference call and webcast for discussing quarterly results and other business matters will follow at 8:30 a.m. ET. Investors can access the call via PBF Energy's website or by phone at (877) 869-3847. PBF Energy is a leading independent refiner in North America, operating refineries across states like California, Delaware, and Louisiana. The company also holds a significant stake in PBF Logistics LP (NYSE:PBFX).
PBF Energy Inc. (NYSE:PBF) will participate in the Barclays CEO Energy-Power Conference on September 9, 2021. The company, a leading independent refiner in North America, operates refineries across several states including California, Delaware, and Louisiana. PBF Energy emphasizes safe and environmentally responsible operations while also owning about 48% of the limited partnership interest of PBF Logistics LP (NYSE:PBFX). For further details, visit the official press release.
PBF Energy Inc. reported second quarter 2021 income from operations of $147.5 million, a significant decrease from $620.8 million in Q2 2020. Excluding special items, the loss from operations was $120.5 million, improving from a loss of $433.7 million year-over-year. The net income for Q2 2021 was $69.9 million, with $47.9 million attributable to PBF Energy or $0.39 per share. Despite improving demand, PBF faces headwinds from rising compliance costs under the RFS program. The company ended Q2 with $1.4 billion in cash and $2.6 billion in operational liquidity to support future operations.
PBF Energy Inc. (NYSE:PBF) has commented on the Bay Area Air Quality Management District's decision to adopt Proposed Amended Rule 6-5, regulating particulate emissions from refinery Fluid Catalytic Cracking units. Paul Davis, President of PBF Energy's Western Region, noted that the company has been proactively involved in the rule-making process. The new rule mandates refineries to achieve specific emissions standards by 2026 without requiring particular technologies. PBF plans to implement projects to reduce emissions at its Martinez refinery closer to the desired levels by early 2022.
PBF Energy Inc. (NYSE:PBF) announced participation in the J.P. Morgan Energy, Power and Renewables Conference on June 22, 2021. The management team will represent one of the largest independent refiners in North America, which operates oil refineries in states like California, Delaware, Louisiana, New Jersey, and Ohio. PBF Energy also owns about 48% of PBF Logistics LP (NYSE:PBFX). The company focuses on safe and environmentally responsible operations while providing superior returns to investors.
