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) Martinez Refinery restart progressing with full planned rates expected in early May Declared quarterly dividend of $0.275 per share PBF received a fourth unallocated installment of $106.5 million related...
Control Empresarial disposed of 200,000 shares over two days for a total consideration of approximately ~$9.30 million, based on a weighted average price of $46.50 per share. This transaction represented 1.03% of Control Empresarial's direct holdings in PBF Energy at the time of sale.
Oil, LNG, refining, shipping, and fertilizer companies could benefit from ongoing disruptions. U.S.-based producers and exporters are among those positioned to outperform due to supply chain shifts.