PBF Energy (PBF) Misses Q2 EPS by 21c

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PBF Energy Reports Second Quarter 2020 Results

July 31, 2020 6:30 AM EDT

PARSIPPANY, N.J., July 31, 2020 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported second quarter 2020 income from operations of $620.8 million as compared to income from operations of $9.5 million for the second quarter of 2019. Excluding special items, second quarter 2020 loss from operations was $433.7 million as compared to income from operations of $191.5 million for the second 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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