PBF Energy Reports Q4 Income of $128 Million, Significant Recovery from Losses
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Should l Buy PBF?
Source: Newsfilter
- Quarterly Revenue Surge: PBF Energy reported fourth-quarter 2025 income from operations of $128 million, a significant recovery from a $383.2 million loss in Q4 2024, indicating strong performance amid market recovery, which is expected to boost investor confidence.
- Annual Loss Reduction: The company recorded a full-year operational loss of $54.3 million for 2025, a substantial improvement from a $699 million loss in 2024, reflecting positive progress in cost control and operational efficiency, enhancing expectations for future profitability.
- Dividend Declaration: PBF announced a quarterly dividend of $0.275 per share to be paid on March 11, 2026, demonstrating a commitment to shareholder returns, which is likely to attract more long-term investors.
- Martinez Refinery Restart Progress: The Martinez refinery is on track for completion by February 16, 2026, with subsequent startup expected to enhance production capacity and market competitiveness, supporting the company's long-term growth in the refining sector.
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Analyst Views on PBF
Wall Street analysts forecast PBF stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PBF is 32.22 USD with a low forecast of 23.00 USD and a high forecast of 42.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
2 Buy
5 Hold
2 Sell
Hold
Current: 34.480
Low
23.00
Averages
32.22
High
42.00
Current: 34.480
Low
23.00
Averages
32.22
High
42.00
About PBF
PBF Energy Inc. is an independent refiner in North America, operating, through its subsidiaries, oil refineries and related facilities in California, Delaware, Louisiana, New Jersey and Ohio. The Company operates as a refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products. It operates through two segments: Refining and Logistics. The Refining segment includes the operations of its oil refineries and related facilities in Delaware City, Delaware, Paulsboro, New Jersey, Toledo, Ohio, Chalmette, Louisiana, Torrance, California and Martinez, California. The Logistics segment includes the operations of PBF Logistics LP, an indirect wholly owned subsidiary of PBF Energy and PBF LLC, which owns or leases, operates, develops, and acquires crude oil and refined petroleum products terminals, pipelines, storage facilities, and similar logistics assets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
PBF Energy Set to Announce Q4 Earnings on February 12
- Earnings Announcement Schedule: PBF Energy is set to release its Q4 2023 earnings report on February 12 before market open, with a consensus EPS estimate of -$0.11, reflecting a significant year-over-year increase of 96.1%, indicating potential recovery in profitability.
- Revenue Expectations: The revenue estimate stands at $7.08 billion, representing a 3.7% year-over-year decline, which suggests that despite facing challenges, the company maintains relative revenue stability in the current market environment.
- Historical Performance Review: Over the past two years, PBF Energy has beaten EPS estimates 50% of the time and revenue estimates 88% of the time, demonstrating a degree of resilience and adaptability in its financial performance.
- Estimation Revision Dynamics: In the last three months, EPS estimates have seen 12 upward revisions with no downward adjustments, reflecting analysts' optimistic outlook on the company's future profitability, while revenue estimates have experienced 3 upward and 5 downward revisions, indicating a cautious market sentiment regarding revenue growth.
See More
PBF Energy Declares Quarterly Dividend of $0.275 per Share
- Quarterly Dividend Announcement: PBF Energy has declared a quarterly dividend of $0.275 per share, consistent with previous distributions, indicating the company's stability and commitment to shareholder returns in the current market environment.
- Dividend Yield: The forward yield of 3.08% offers investors a relatively attractive return, reflecting the company's dedication to shareholder value amidst fluctuating market conditions.
- Payment Schedule: The dividend is payable on March 11, with a record date of February 25 and an ex-dividend date also set for February 25, ensuring shareholders receive their returns promptly.
- Financial Performance Exceeds Expectations: PBF Energy reported a non-GAAP EPS of $0.66, beating expectations by $0.77, while revenue reached $7.14 billion, exceeding forecasts by $60 million, showcasing the company's resilience and profitability even in challenging circumstances.
See More
PBF Energy Q4 Earnings Exceed Expectations
- Earnings Beat: PBF Energy reported a Q4 non-GAAP EPS of $0.66, surpassing expectations by $0.77, indicating strong profitability despite revenue challenges.
- Revenue Decline: The company recorded Q4 revenue of $7.14 billion, a 2.9% year-over-year decrease, yet it exceeded market expectations by $60 million, demonstrating resilience in a tough market environment.
- Cash and Debt Position: At year-end, PBF Energy had approximately $530 million in cash and $1.62 billion in net debt, reflecting robust liquidity management that supports future investments and operations.
- Dividend Payments: In 2025, the company paid approximately $126 million in dividends, showcasing its commitment to shareholders despite operational losses, maintaining a level of dividend distribution capability.
See More
PBF Energy Reports Q4 Earnings Exceeding Expectations
- Net Income Performance: PBF Energy reported a fourth-quarter net income of $78.4 million, translating to earnings of 66 cents per share, which exceeded Wall Street expectations and indicates strong market performance.
- Adjusted Earnings: The adjusted earnings per share stood at 49 cents, significantly surpassing analysts' expectations of a 15-cent loss per share, demonstrating notable progress in cost control and operational efficiency.
- Revenue Growth: The company achieved fourth-quarter revenue of $7.14 billion, exceeding analyst forecasts of $6.98 billion, reflecting robust demand in the refining sector and an improving market environment.
- Annual Performance Overview: Despite reporting an annual loss of $158.5 million, or $1.39 per share, total revenue reached $29.33 billion, indicating that the company maintained a high revenue level even in challenging circumstances.
See More
PBF Energy Reports Significant Q4 2025 Earnings Recovery
- Revenue Recovery: PBF Energy reported fourth quarter 2025 income from operations of $128 million, a significant turnaround from a loss of $383.2 million in Q4 2024, indicating strong performance in a recovering market that is likely to boost investor confidence.
- Net Income Positive: The company posted a net income of $79.1 million for Q4 2025, translating to earnings per share of $0.66, a stark contrast to the net loss of $292.6 million and loss per share of $2.54 in Q4 2024, reflecting a substantial improvement in profitability.
- Insurance Recoveries Support: In Q4 2025, PBF received a net insurance benefit of $21 million primarily related to the recovery from the Martinez refinery fire, which is expected to further alleviate financial pressures and expedite the restoration process.
- Positive Future Outlook: PBF anticipates achieving $350 million in cost improvements in 2026, and with the full restoration of the Martinez refinery, the company's operational efficiency and market competitiveness are set to significantly enhance, supporting future growth.
See More
PBF Energy Reports Q4 Income of $128 Million, Significant Recovery from Losses
- Quarterly Revenue Surge: PBF Energy reported fourth-quarter 2025 income from operations of $128 million, a significant recovery from a $383.2 million loss in Q4 2024, indicating strong performance amid market recovery, which is expected to boost investor confidence.
- Annual Loss Reduction: The company recorded a full-year operational loss of $54.3 million for 2025, a substantial improvement from a $699 million loss in 2024, reflecting positive progress in cost control and operational efficiency, enhancing expectations for future profitability.
- Dividend Declaration: PBF announced a quarterly dividend of $0.275 per share to be paid on March 11, 2026, demonstrating a commitment to shareholder returns, which is likely to attract more long-term investors.
- Martinez Refinery Restart Progress: The Martinez refinery is on track for completion by February 16, 2026, with subsequent startup expected to enhance production capacity and market competitiveness, supporting the company's long-term growth in the refining sector.
See More
PBF Energy Set to Announce Q4 Earnings on February 12
- Earnings Announcement Schedule: PBF Energy is set to release its Q4 2023 earnings report on February 12 before market open, with a consensus EPS estimate of -$0.11, reflecting a significant year-over-year increase of 96.1%, indicating potential recovery in profitability.
- Revenue Expectations: The revenue estimate stands at $7.08 billion, representing a 3.7% year-over-year decline, which suggests that despite facing challenges, the company maintains relative revenue stability in the current market environment.
- Historical Performance Review: Over the past two years, PBF Energy has beaten EPS estimates 50% of the time and revenue estimates 88% of the time, demonstrating a degree of resilience and adaptability in its financial performance.
- Estimation Revision Dynamics: In the last three months, EPS estimates have seen 12 upward revisions with no downward adjustments, reflecting analysts' optimistic outlook on the company's future profitability, while revenue estimates have experienced 3 upward and 5 downward revisions, indicating a cautious market sentiment regarding revenue growth.
See More
PBF Energy Declares Quarterly Dividend of $0.275 per Share
- Quarterly Dividend Announcement: PBF Energy has declared a quarterly dividend of $0.275 per share, consistent with previous distributions, indicating the company's stability and commitment to shareholder returns in the current market environment.
- Dividend Yield: The forward yield of 3.08% offers investors a relatively attractive return, reflecting the company's dedication to shareholder value amidst fluctuating market conditions.
- Payment Schedule: The dividend is payable on March 11, with a record date of February 25 and an ex-dividend date also set for February 25, ensuring shareholders receive their returns promptly.
- Financial Performance Exceeds Expectations: PBF Energy reported a non-GAAP EPS of $0.66, beating expectations by $0.77, while revenue reached $7.14 billion, exceeding forecasts by $60 million, showcasing the company's resilience and profitability even in challenging circumstances.
See More
PBF Energy Q4 Earnings Exceed Expectations
- Earnings Beat: PBF Energy reported a Q4 non-GAAP EPS of $0.66, surpassing expectations by $0.77, indicating strong profitability despite revenue challenges.
- Revenue Decline: The company recorded Q4 revenue of $7.14 billion, a 2.9% year-over-year decrease, yet it exceeded market expectations by $60 million, demonstrating resilience in a tough market environment.
- Cash and Debt Position: At year-end, PBF Energy had approximately $530 million in cash and $1.62 billion in net debt, reflecting robust liquidity management that supports future investments and operations.
- Dividend Payments: In 2025, the company paid approximately $126 million in dividends, showcasing its commitment to shareholders despite operational losses, maintaining a level of dividend distribution capability.
See More
PBF Energy Reports Q4 Earnings Exceeding Expectations
- Net Income Performance: PBF Energy reported a fourth-quarter net income of $78.4 million, translating to earnings of 66 cents per share, which exceeded Wall Street expectations and indicates strong market performance.
- Adjusted Earnings: The adjusted earnings per share stood at 49 cents, significantly surpassing analysts' expectations of a 15-cent loss per share, demonstrating notable progress in cost control and operational efficiency.
- Revenue Growth: The company achieved fourth-quarter revenue of $7.14 billion, exceeding analyst forecasts of $6.98 billion, reflecting robust demand in the refining sector and an improving market environment.
- Annual Performance Overview: Despite reporting an annual loss of $158.5 million, or $1.39 per share, total revenue reached $29.33 billion, indicating that the company maintained a high revenue level even in challenging circumstances.
See More
PBF Energy Reports Significant Q4 2025 Earnings Recovery
- Revenue Recovery: PBF Energy reported fourth quarter 2025 income from operations of $128 million, a significant turnaround from a loss of $383.2 million in Q4 2024, indicating strong performance in a recovering market that is likely to boost investor confidence.
- Net Income Positive: The company posted a net income of $79.1 million for Q4 2025, translating to earnings per share of $0.66, a stark contrast to the net loss of $292.6 million and loss per share of $2.54 in Q4 2024, reflecting a substantial improvement in profitability.
- Insurance Recoveries Support: In Q4 2025, PBF received a net insurance benefit of $21 million primarily related to the recovery from the Martinez refinery fire, which is expected to further alleviate financial pressures and expedite the restoration process.
- Positive Future Outlook: PBF anticipates achieving $350 million in cost improvements in 2026, and with the full restoration of the Martinez refinery, the company's operational efficiency and market competitiveness are set to significantly enhance, supporting future growth.
See More
PBF Energy Reports Q4 Income of $128 Million, Significant Recovery from Losses
- Quarterly Revenue Surge: PBF Energy reported fourth-quarter 2025 income from operations of $128 million, a significant recovery from a $383.2 million loss in Q4 2024, indicating strong performance amid market recovery, which is expected to boost investor confidence.
- Annual Loss Reduction: The company recorded a full-year operational loss of $54.3 million for 2025, a substantial improvement from a $699 million loss in 2024, reflecting positive progress in cost control and operational efficiency, enhancing expectations for future profitability.
- Dividend Declaration: PBF announced a quarterly dividend of $0.275 per share to be paid on March 11, 2026, demonstrating a commitment to shareholder returns, which is likely to attract more long-term investors.
- Martinez Refinery Restart Progress: The Martinez refinery is on track for completion by February 16, 2026, with subsequent startup expected to enhance production capacity and market competitiveness, supporting the company's long-term growth in the refining sector.
See More
