NYSE:PBFOil and Gas
PBF Energy (PBF) Returns To Quarterly Profit Challenging Trailing Loss Narrative
PBF Energy (PBF) has opened FY 2025 with a sharp swing back into the black in the third quarter, reporting revenue of US$7.7b and EPS of US$1.47 on net income of US$170.1m. The company has seen quarterly revenue move from US$8.7b in Q2 2024 to US$7.1b in Q1 2025 and then to US$7.7b in Q3 2025, while EPS has ranged from a loss of US$3.53 in Q1 2025 to a modest loss of US$0.05 in Q2 2025 before returning to positive territory in Q3. This sets up a results season where margin reset and the route...