PBF Energy (PBF) Reports Q1 Revenues Miss

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Go back to PBF Energy (PBF) Reports Q1 Revenues Miss

PBF Energy Reports First Quarter 2020 Results

May 15, 2020 6:30 AM EDT

PARSIPPANY, N.J., May 15, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported first quarter 2020 loss from operations of $1,366.8 million as compared to income from operations of $364.6 million for the first quarter of 2019. Excluding special items, first quarter 2020 loss from operations was $134.0 million as compared to loss from operations of $141.4 million for the first quarter of 2019. PBF Energy's financial results reflect the consolidation of PBF Logistics LP (NYSE: PBFX), a master limited partnership of which PBF indirectly owns the general partner and approximately 48% of the limited partner interests as of quarter-end.

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