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PBF Logistics LP (NYSE: PBFX) will release its fourth quarter 2021 earnings results on February 10, 2022, followed by a conference call and webcast at 11:00 a.m. ET. Investors can access the live call by calling (877) 407-8029 or (201) 689-8029. The audio replay will be available shortly after the call via the company’s website. PBF Logistics, based in Parsippany, New Jersey, operates in oil and refined petroleum logistics, focusing on growth through acquisitions and development.
PBF Logistics LP (NYSE:PBFX) will participate in the Wells Fargo Midstream, Utility and Renewable Symposium on December 9, 2021. The partnership focuses on owning, leasing, operating, and developing logistics assets related to crude oil and refined petroleum products. Headquartered in Parsippany, New Jersey, PBF Logistics aims for fee-based growth. This participation highlights the company's commitment to engaging with industry stakeholders and focusing on opportunities in the midstream sector.
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 Logistics LP (NYSE:PBFX) reported a strong third quarter 2021, achieving net income of $36.7 million or $0.58 per common unit. Cash from operations was $53.4 million, with EBITDA of $56.8 million and adjusted EBITDA of $57.9 million. Distributable cash flow stood at $46.8 million. The Partnership declared a quarterly distribution of $0.30 per unit, with $399.6 million in liquidity as of September 30, 2021. The company remains focused on strengthening its balance sheet and maintaining operational excellence.
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 Logistics LP (NYSE: PBFX) announced it will release its third quarter 2021 earnings results on October 28, 2021. A conference call and webcast are scheduled for the same day at 11:00 a.m. ET to discuss the quarterly results and other business matters. Investors can access the call via telephone or through the company's website. PBF Logistics is a growth-oriented master limited partnership focused on owning and operating logistics assets related to crude oil and refined petroleum products.
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 Logistics LP (NYSE:PBFX) reported a net income of $37.1 million, or $0.59 per common unit for Q2 2021. The Partnership generated $35.5 million in cash from operations, $57.0 million in EBITDA, and $48.5 million in distributable cash flow. A cash distribution of $0.30 per unit was declared, payable on August 26, 2021, to unitholders of record by August 12, 2021. As of June 30, 2021, liquidity stood at approximately $368.4 million. The focus remains on strengthening the balance sheet and ensuring reliable operations.
