PBF Energy (PBF) Tops Q1 EPS by 2c, Revenues Beat

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Go back to PBF Energy (PBF) Tops Q1 EPS by 2c, Revenues Beat

PBF Energy Announces First Quarter 2021 Results

April 29, 2021 6:30 AM EDT

PARSIPPANY, N.J., April 29, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today reported first quarter 2021 income from operations of $57.7 million as compared to loss from operations of $1,366.8 million for the first quarter of 2020. Excluding special items, first quarter 2021 loss from operations was $317.8 million as compared to loss from operations of $134.0 million for the first quarter of 2020. PBF Energy's financial results reflect the consolidation of PBF Logistics LP (NYSE: PBFX), a master limited partnership of which PBF Energy indirectly owns the general partner and approximately 48% of the limited partner interests as of quarter-end.

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