PBF Energy Q2 operating income $1.27 billion vs. $43.0 million a year earlier
PBF Energy reported second quarter 2026 income from operations of $1,272.1 million, compared with $43.0 million a year earlier, and net income attributable to PBF Energy Inc. of $906.4 million, or $7.54 per diluted share. Results include a $250.0 million gain on insurance recoveries tied to the Martinez refinery fire; excluding special items, operating income was $1,054.0 million. The company also declared a $0.275 quarterly dividend and reduced its 2026 capital expenditure guidance to $825-$875 million, excluding Martinez rebuild capital.
Key points
- Revenues were $11,678.3 million in Q2 2026, up from $7,475.3 million in Q2 2025.
- Diluted earnings were $7.54 per share, compared with a loss of $(0.05) per share a year earlier; excluding special items, adjusted fully-converted EPS was $6.22.
- Quarterly dividend of $0.275 per share is payable August 28, 2026, to holders of record on August 14, 2026.
- 2026 capital expenditure guidance was lowered to $825-$875 million, excluding Martinez rebuild capital.
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 July 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.