PBF Logistics (PBFX) Tops Q4 EPS by 4c

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PBF Energy Reports First Quarter 2015 Results, Announces Potential Drop-down Transaction and Declares Dividend of $0.30 Per Share

April 30, 2015 6:30 AM EDT

First Quarter EBITDA of $200.9 million, excluding special items First Quarter Adjusted Fully-converted EPS of $0.87, based on Adjusted Fully-converted Net Income of $79.3 million, excluding special items (GAAP EPS of $1.04, based on GAAP Net Income of $87.3 million) Announces Potential Sale of Delaware City Products Pipeline and Truck Rack to PBF Logistics Increases backlog of MLP-qualifying EBITDA to approximately $200 million Declares quarterly dividend of $0.30 per share

PARSIPPANY, N.J.--(BUSINESS WIRE)-- PBF Energy Inc. (NYSE:... More