Pbf Energy — Investor Presentation (January 2020)

5 slides from Pbf Energy's investor presentation, Jan 6, 2020

Slide 1: PBF Energy
PBF Energy January 2020 1
Slide 2: Safe Harbor Statements
Safe Harbor Statements This presentation contains forward-looking statements made by PBF Energy Inc. (“PBF Energy”), the indirect parent of PBF Logistics LP (“PBFX”, or “Partnership”, and together with PBF Energy, the “Companies”, or “PBF”), and their management teams. Such statements are based on c
Slide 3: PBF Energy 2020 Guidance
PBF Energy 2020 Guidance (Figures in millions except per barrel amounts) FY 2020E Q1-2020E East Coast Throughput 350,000 – 370,000 bpd 350,000 – 370,000 bpd Mid-Continent Throughput 140,000 – 150,000 bpd 110,000 – 120,000 bpd Gulf Coast Throughput 185,000 – 195,000 bpd 185,000 – 195,000 bpd West Coa
Slide 4: PBF Logistics 2020 Guidance
PBF Logistics 2020 Guidance ($ in millions, rounded) FY 2020E Guidance Revenues $390 Operating expenses $135 SG&A (excludes stock-based and incentive compensation) $20 D&A $40 Interest expense, net $55 Net Income $140 EBITDA $235 Less: Earnings attributable to CPI earn-out $10 EBITDA to the Partners
Slide 5: Non-GAAP Financial Measures
Non-GAAP Financial Measures Our management uses EBITDA (earnings before interest, income taxes, depreciation and amortization) as a measure of operating performance to assist in comparing performance from period to period on a consistent basis and to readily view operating trends, as a measure for p