PBF Energy — Third Quarter 2026 Earnings Summary

PBF Energy reported third quarter 2026 income from operations of $2.1 billion, a significant increase from the $285.9 million reported in the same period of 2025. The company declared a quarterly dividend of $0.325 per share, representing an 18% increase, and reduced its net debt by approximately $1.2 billion during the quarter. Net income attributable to PBF Energy Inc. reached $1.53 billion, or $12.54 per share, driven by strong refining fundamentals and insurance recoveries related to the Martinez refinery fire. Additionally, the company completed several major turnarounds and adjusted its 2026 capital expenditure guidance to remain between $825 million and $875 million.