NYSEEnergyOil & Gas Refining & MarketingS&P MidCap 400
$67.27
-1.10 (-1.61%)
Close of Nov 06, 2026 · end-of-day data
PBF 8-K filings in 2026
Every material Form 8-K PBF Energy filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
PBF Energy's Compensation Committee approved 2026 long-term incentive awards effective October 27, 2026, for CEO Matthew C. Lucey and three other senior officers. The awards are split between restricted stock, performance share units and cash performance units, with payouts tied to TSR over 2027 through 2029, so they link executive pay to future shareholder returns.
CEO Matthew C. Lucey received a 2026 long-term incentive award of $8,484,700.
Joseph Marino, T. Paul Davis and Trecia Canty each received awards of $2,500,000.
Awards are 40% restricted stock, 30% performance share units and 30% performance units with a $1.00 target value.
Performance awards vest December 31, 2029, and can pay from zero to 200 percent of target based on TSR.
PBF Energy reported third-quarter 2026 income from operations of $2,100.9 million, up from $285.9 million a year earlier, and net income attributable to PBF Energy of $1,529.3 million, or $12.54 per diluted share, compared with $1.45 a year earlier. The company also raised its quarterly dividend 18% to $0.325 per share, and it kept its 2026 capital spending guidance of $825 million to $875 million unchanged.
Third-quarter revenues were $12.1 billion, up from $7.7 billion a year earlier.
Adjusted fully-converted EPS excluding special items was $12.78, compared with a loss of $0.52 per share in the third quarter of 2025.
Quarterly dividend of $0.325 per share is payable November 24, 2026, to holders of record on November 12, 2026.
Quarter-end cash was $2.5 billion and total debt was $2.1 billion, leaving $426 million of net cash.
PBF Holding Company, a subsidiary of PBF Energy, entered into an amended and restated asset-based revolving credit agreement on September 30, 2026, with Bank of America as administrative agent. The facility replaces the existing agreement dated August 23, 2023, and offers a maximum commitment of $4.0 billion. The filing says the new facility carries reduced commitment fees on unused amounts, while interest rates and letter of credit fees are generally consistent with the prior agreement.
Maximum commitment of $4.0 billion under the 2026 Revolving Loan
Maturity date of September 30, 2031
Reduced commitment fees on the unused portion compared with the Existing Credit Agreement
Interest rates and letter of credit fees generally consistent with the prior agreement
PBF Holding Company LLC, a subsidiary of PBF Energy Inc., issued $550.0 million of 0% Exchangeable Senior Notes due 2032 in a private placement under Rule 144A, including $50 million from the initial purchasers' option. The Issuers expect net proceeds of approximately $533.6 million, to be used for capped call transactions, redeeming the 7.875% senior notes due 2030, and general corporate purposes, and the notes can be exchanged into PBF Energy Class A common stock at an initial exchange price of about $96.80 per share.
Principal amount: $550.0 million, maturing January 15, 2032; the notes do not bear regular interest
Estimated net proceeds: approximately $533.6 million after discounts and estimated offering expenses
Proceeds fund capped call costs, full redemption of the 7.875% senior notes due 2030, and general corporate purposes
PBF Energy agreed to file a shelf or resale registration statement covering shares issuable on exchange by December 31, 2026
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.
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.
PBF Energy's subsidiary PBF Holding issued $500.0 million of 7.250% senior unsecured notes due June 1, 2034, netting about $492.7 million after discounts and expenses. The company plans to use the proceeds and available cash to fully redeem its outstanding 6.00% senior notes due 2028, which refinances existing debt and adds $500.0 million of new long-term borrowing.
Notes: $500.0 million principal, 7.250%, due June 1, 2034; interest paid semi-annually from December 1, 2026
Net proceeds of approximately $492.7 million after initial purchasers' discount and offering expenses
Proceeds and available cash to fund full redemption of 6.00% senior unsecured notes due 2028
Indenture includes limits on additional debt, dividends and share repurchases, asset sales and affiliate transactions
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.
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.
PBF Energy reported fourth-quarter 2025 net income attributable to shareholders of $78.4 million, or $0.66 per diluted share, compared with a loss of $289.3 million, or $(2.54) per share, a year earlier. Results were helped by a $393.5 million gain on insurance recoveries tied to the February 2025 Martinez refinery fire, while fourth-quarter revenue fell to $7.14 billion from $7.35 billion. The company also declared a $0.275 quarterly dividend.
Q4 2025 income from operations of $128.0 million, vs. a loss of $383.2 million in Q4 2024; excluding special items, $99.4 million
Q4 insurance recoveries gain of $393.5 million; full-year 2025 loss from operations of $54.3 million vs. $699.0 million loss in 2024
Full-year 2025 revenues of $29.33 billion, down from $33.12 billion in 2024
Quarterly dividend of $0.275 per share payable March 11, 2026, to holders of record February 25, 2026
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every PBF Energy filing is on SEC EDGAR ↗. 8-K briefs of other companies →