PBF Energy Q3 operating income $285.9 million vs. prior-year loss; revenue falls
PBF Energy reported third quarter 2025 income from operations of $285.9 million and diluted earnings of $1.45 per share, compared with an operating loss of $386.3 million and a loss of $2.49 per share a year earlier. Revenue fell to $7,651.1 million from $8,382.3 million, and the reported profit was driven largely by $250.0 million of insurance recovery gains tied to the Martinez refinery fire. The company also declared a $0.275 per share quarterly dividend.
Key points
- Q3 2025 revenue was $7,651.1 million, down from $8,382.3 million in Q3 2024.
- Excluding special items, Q3 2025 adjusted fully-converted net loss was $60.3 million, or $(0.52) per share, versus $(1.50) per share a year earlier.
- Special items increased Q3 2025 net income by a net after-tax benefit of $231.6 million, or $1.97 per share.
- The Martinez refinery is expected to be restored to full operations by year-end 2025, and the $0.275 dividend is payable November 26, 2025, to holders of record on November 14, 2025.
The filing
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 October 30, 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.