PBF Energy Announces First Quarter 2026 Results, Declares Dividend of $0.275 per Share and Update on Restart of Martinez Refinery

About this update from Pbf Energy Inc.

[{"type":"list","items":[{"val":[{"type":"text","content":"First quarter income from operations of $299.6 million (excluding special items, first quarter loss from operations of $108.4 million, including a $208.8 million mark-to-market derivative loss)","length":193,"tagName":"p"}]},{"val":[{"type":"text","content":"Martinez Refinery restart progressing with full planned rates expected in early May","length":83,"tagName":"p"}]},{"val":[{"type":"text","content":"Declared quarterly dividend of $0.275 per share","length":47,"tagName":"p"}]},{"val":[{"type":"text","content":"PBF received a fourth unallocated installment of $106.5 million related to the Martinez refinery fire","length":101,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":424,"olType":false},{"type":"text","content":"PARSIPPANY, N.J., April 30, 2026 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported first quarter 2026 income from operations of $299.6 million as compared to loss from operations of $511.2 million for the first quarter of 2025. Excluding special items, first quarter 2026 loss from operations was $108.4 million as compared to loss from operations of $441.8 million for the first quarter of 2025.","length":405,"tagName":"p"},{"type":"image","alt":"PBF Energy (PRNewsfoto/PBF Energy Inc.)","displaySize":"","headline":null,"caption":"PBF Energy (PRNewsfoto/PBF Energy Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":321,"url":"https://media.zenfs.com/en/prnewswire.com/9f2e1b81078f4ba13406c4f8193b1b00"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/FO6JaJhyta0C24iuk02qbA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTU2Ng--/https://media.zenfs.com/en/prnewswire.com/9f2e1b81078f4ba13406c4f8193b1b00","width":400,"height":321}},"href":"https://mma.prnewswire.com/media/2303474/PBF_R_Blu_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The company reported first quarter 2026 net income of $200.2 million and net income attributable to PBF Energy Inc. of $198.3 million or $1.65 per share. This compares to net loss of $405.9 million and net loss attributable to PBF Energy Inc. of $401.8 million or $(3.53) per share for the first quarter 2025. Non-cash special items included in the first quarter 2026 results, which increased net income by a net, after-tax benefit of $302.0 million, or $2.53 per share, primarily con...

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