PBF Energy (PBF) Misses Q3 EPS by 56c, Revenues Miss
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PBF Energy Announces East Coast Refining Reconfiguration and Reports Third Quarter 2020 Results
October 29, 2020 6:30 AM EDTPARSIPPANY, N.J., Oct. 29, 2020 /PRNewswire/ --Â PBF Energy Inc. (NYSE: PBF) today reported a third quarter 2020 loss from operations of $342.7 million as compared to income from operations of $151.9 million for the third quarter of 2019. Excluding special items, third quarter 2020 loss from operations was $374.2 million as compared to income from operations of $165.8 million for the third 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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