PBF Energy (PBF) Tops Q2 EPS by $3.10

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Go back to PBF Energy (PBF) Tops Q2 EPS by $3.10

PBF Energy Announces Second Quarter 2022 Results

July 28, 2022 6:05 AM EDT

Second quarter income from operations of $1,706.6 million (excluding special items, second quarter income from operations of $1,784.2 million)Reduced consolidated debt by more than $2.2 billion including a $900 million revolving credit facility repayment, $45 million debt reduction at PBF Logistics and the redemption of $1.25 billion senior secured notes on July 11, 2022Net debt to capitalization reduced to 24% versus 59% at year-end 2021, excluding special itemsPBF Energy Announces Agreement to Acquire Remaining Public Stake in PBF Logistics LP

PARSIPPANY, N.J., July 28, 2022 /PRNewswire/ -- PBF Energy... More