Pbf Energy Inc. (PBF)

The company now

PBF Energy reported third-quarter 2026 net income of $1,543.3 million on 29 October 2026, against $171.7 million a year earlier 1.

Revenue was $12.1 billion, up 57.1 percent from the third quarter of 2025 2. Gross refining margin, the profit from refining before running costs and depreciation, was $34.56 per barrel against $9.00 a year earlier 2.

The company's filing credits wider crack spreads, the gap between the price of crude oil and the fuels made from it, and conflicts abroad that squeezed global supply 2. Throughput also rose because the Martinez refinery in California, shut by a fire on 1 February 2025, was back at full operations in May 2026 2.

Cash ended the quarter near $2.5 billion against $2.1 billion of debt, which the company calls $426 million of net cash 1. The board raised the quarterly dividend 18 percent to $0.325 per share 1. On 26 October 2026 PBF redeemed all $800.0 million of its 9.875% notes due 2030 from cash on hand 2.

The company expects to finalize its Martinez fire insurance claim before the end of 2026 1. Government investigations of that fire and of a 2022 catalyst release have no penalty estimate yet 2.

As of Oct 30, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.