PBF Energy Inc. reported earnings results for the first quarter ended March 31, 2026. For the first quarter, the company reported sales was USD 7,904.3 million compared to USD 7,066.4 million a year ago. Net income was USD 198.3 million compared to net loss of USD 401.8 million a year ago.
Basic earnings per share from continuing operations was USD 1.69 compared to basic loss per share from continuing operations of USD 3.53 a year ago. Diluted earnings per share from continuing operations was USD 1.65 compared to diluted loss per share from continuing operations of USD 3.53 a year ago.
PBF Energy Inc. is an independent refiner in North America, operating, through its subsidiaries, oil refineries and related facilities in California, Delaware, Louisiana, New Jersey and Ohio. The Company operates as a refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products. It operates through two segments: Refining and Logistics. The Refining segment includes the operations of its oil refineries and related facilities in Delaware City, Delaware, Paulsboro, New Jersey, Toledo, Ohio, Chalmette, Louisiana, Torrance, California and Martinez, California. The Logistics segment includes the operations of PBF Logistics LP, an indirect wholly owned subsidiary of PBF Energy and PBF LLC, which owns or leases, operates, develops, and acquires crude oil and refined petroleum products terminals, pipelines, storage facilities, and similar logistics assets.
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