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

PBF Energy posts Q1 net income of $198.3 million versus prior-year loss

Positive Impact 3 of 5 earnings Written later

PBF Energy reported first quarter 2026 net income attributable to shareholders of $198.3 million, or $1.65 per diluted share, compared with a net loss of $401.8 million, or $(3.53) per share, a year earlier. Non-cash special items, including inventory adjustments and insurance gains, added a net after-tax $302.0 million, and excluding them the company still reported an adjusted loss of $102.4 million, or $(0.88) per share, which was smaller than the prior-year loss. The company also declared a $0.275 quarterly dividend and said the Martinez refinery is expected to reach full planned rates in early May.

Key points

  • Revenues were $7,904.3 million in the first quarter of 2026, up from $7,066.4 million a year earlier.
  • Income from operations was $299.6 million, compared with a loss of $511.2 million in the first quarter of 2025; excluding special items, the loss was $108.4 million.
  • Quarterly dividend of $0.275 per share is payable May 29, 2026, to holders of record on May 14, 2026.
  • Second-quarter 2026 throughput guidance is 850,000 to 910,000 barrels per day, and Martinez is expected to reach full planned rates in early May.

The filing

CompanyPBF Energy (PBF)
Form8-K, current report
Filed with the SECApr 30, 2026, 6:41 AM ET
Accession number0001534504-26-000016

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 April 30, 2026.

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.