PBF Energy Inc. reported a significant turnaround in the third quarter of 2025, achieving net income of $171.7 million and income from operations of $285.9 million, compared to losses in the prior year. This improvement was largely due to substantial gains from insurance recoveries related to the Martinez refinery fire and the sale of terminal assets, alongside favorable market conditions in some regions. However, the company still faced pressures from narrow light-heavy differentials and ongoing limited operations at the Martinez refinery.

PBF Energy reported a net loss of $5.4 million and income from operations of $43.0 million for the second quarter of 2025. The company saw improved performance across all regions, successfully restoring partial operations at the Martinez refinery after a fire. Despite challenges in feedstock markets, PBF Energy remains focused on conservative balance sheet management, debt reduction, and implementing its Refinery Business Improvement initiative to generate cost savings.

PBF Energy reported a significant net loss and loss from operations in the first quarter of 2025, primarily due to a fire at its Martinez refinery and scheduled maintenance. Despite these challenges, the company announced a quarterly dividend and the sale of terminal assets, highlighting a focus on balance sheet management and business improvement initiatives.

PBF Energy faced a challenging Q4 2024 with a significant decline in revenue and widening losses. Lower refining margins, inventory adjustments, and operational disruptions, including a fire at the Martinez refinery, heavily impacted results.

PBF Energy reported a loss from operations of $386.3 million for the third quarter of 2024. Despite a weak refining environment, PBF's refineries ran well with no major maintenance or significant unplanned downtime. The company increased its quarterly dividend by 10% to $0.275 per share.

PBF Energy reported a net loss of $65.2 million, or $(0.56) per share, for the second quarter of 2024, compared to a net income of $1,020.4 million, or $7.88 per share, for the second quarter of 2023. The loss from operations was $74.6 million, compared to income from operations of $1,389.2 million in the same period last year. Market conditions coupled with maintenance activity impacted capture rates and reduced realized margins.

PBF Energy Inc. reported a first quarter 2024 income from operations of $145.1 million, compared to $532.4 million for the first quarter of 2023. Net income attributable to PBF Energy Inc. was $106.6 million, or $0.86 per share, compared to $382.1 million, or $2.86 per share for the first quarter 2023. The company repurchased approximately 2.6 million shares for approximately $125 million and announced a quarterly dividend of $0.25 per share.