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AI brief of an SEC Form 8-K · PBF Energy (PBF)

PBF Energy posts $289.3 million Q4 loss; Martinez refinery fire halts operations

Negative Impact 4 of 5 earnings Written later

PBF Energy reported a fourth-quarter 2024 net loss attributable to the company of $289.3 million, or $(2.54) per share, compared with a $48.4 million loss, or $(0.40) per share, a year earlier. Revenue fell to $7.35 billion from $9.14 billion, and the company said a February 1, 2025 fire at its Martinez refinery led to a temporary shutdown, with repair costs and shutdown length not yet estimable and guidance excluding Martinez after January 31, 2025.

Key points

  • Q4 2024 loss from operations was $383.2 million, versus a $47.2 million loss in Q4 2023
  • Q4 2024 revenues were $7,351.3 million, down from $9,138.7 million a year earlier
  • Quarterly dividend of $0.275 per share is payable March 14, 2025 to holders of record on February 27, 2025
  • Full-year 2024 loss from operations was $699.0 million, versus income of $2,951.5 million in 2023

The filing

CompanyPBF Energy (PBF)
Form8-K, current report
Filed with the SECFeb 13, 2025, 6:45 AM ET
Accession number0001534504-25-000009

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 13, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.