PBF Stock Recent News

PARSIPPANY, N.J. , May 20, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Goldman Sachs Tenth Annual Leveraged Finance Conference on May 28-29, 2025, and the Bank of America Energy and Power Credit Conference on June 4, 2025.

PBF Energy shares have plummeted 68% in the past year, exacerbated by a recent fire and higher-than-expected operating costs. Despite significant financial setbacks, insurance proceeds and asset sales are expected to bolster PBF's balance sheet and reduce debt levels. Crack spreads are recovering, and management's cost-cutting efforts aim for $350 million in savings, likely restoring positive EBITDA.

Vancouver, British Columbia--(Newsfile Corp. - May 2, 2025) - Planet Based Foods Global Inc. (CSE: PBF) (OTC Pink: PBFFF) (FSE: AZ00) (the "Company"), a company that offers a diverse portfolio of sustainable food ingredients and innovative plant-based solutions, is pleased to announce several changes to its executive leadership team and board of directors (the "Board"), effective immediately. Sigal Shapira has been named the Chief Executive Officer, President, and Director.

Reduced costs and expenses aid PBF's Q1 earnings.

PBF Energy Inc. (NYSE:PBF ) Q1 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Company Participants Colin Murray - Investor Relations Matthew Lucey - President and Chief Executive Officer Michael Bukowski - Senior Vice President, Head of Refining Karen Davis - Chief Financial Officer Thomas O'Connor - Senior Vice President, Commodity Risk and Strategy Conference Call Participants Roger Read - Wells Fargo Manav Gupta - UBS John Avedon - Wolfe Research Paul Cheng - Scotiabank Matthew Blair - TPH Neil Mehta - Goldman Sachs Ryan Todd - Piper Sandler Conor Fitzpatrick - Bank of America Jason Gabelman - TD Cowen Operator Good day everyone, and welcome to the PBF Energy First Quarter 2025 Earnings Conference Call and Webcast. At this time, all participants have been placed in a listen-only mode and the floor will be open for questions following management prepared remarks.

While the top- and bottom-line numbers for PBF Energy (PBF) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

PBF Energy (PBF) came out with a quarterly loss of $3.09 per share versus the Zacks Consensus Estimate of a loss of $3.50. This compares to earnings of $0.86 per share a year ago.

First quarter loss from operations of $511.2 million (excluding special items, first quarter loss from operations of $441.8 million) Partial operations restored at Martinez refinery Declared quarterly dividend of $0.275 per share Announces sale of terminal assets for $175 million PBF received notice that its insurers agreed to pay a net $250 million unallocated first installment of insurance proceeds related to the Martinez incident PARSIPPANY, N.J. , May 1, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today reported first quarter 2025 loss from operations of $511.2 million as compared to income from operations of $145.1 million for the first quarter of 2024.

Here's a preview of what to expect from energy stocks TRP, TRGP, and PBF ahead of their quarterly earnings reports, set to be released tomorrow.

PBF Energy (PBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.