PARSIPPANY, N.J., April 1, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the first quarter 2025 on Thursday, May 1, 2025. The company will host a conference call and webcast regarding results and other business matters on Thursday, May 1, 2025, at 8:30 a.m. ET. PBF Energy Inc. (NYSE: PBF) is one of the largest independent refiners in North America, operating, through its subsidiaries, oil refineries and related facilities in California, Delawar ...

Toronto, Ontario--(Newsfile Corp. - Le 20 mars/March 2025) - Effective immediately, Planet Based Foods Global Inc. will be reinstated for trading. The Company has rectified the situation that gave rise to the suspension. _________________________________ Avec effet immédiat, Planet Based Foods Global Inc. sera réintégrée à la négociation. La Société a rectifié la situation qui a donné lieu à la suspension. Date : Le 20 mars/March 2025 Symbol(s)/Symbole(s) : PBF   ...

Company Overview - PBF Energy Inc. is one of the largest independent refiners in North America, operating oil refineries and related facilities in California, Delaware, Louisiana, New Jersey, and Ohio [2] - The company's mission includes operating facilities in a safe, reliable, and environmentally responsible manner, providing a rewarding workplace for employees, positively influencing local communities, and delivering superior returns to investors [2] Recent Developments - PBF Energy's management team will participate in the Piper Sandler 25th Annual Energy Conference on March 18, 2025 [1] - Presentation materials from the conference will be available on the Investor Relations section of the PBF Energy website [1] Joint Ventures - PBF Energy is a 50% partner in the St. Bernard Renewables joint venture, which focuses on the production of next-generation sustainable fuels [3]

Core Viewpoint - PBF Energy Inc. announced the pricing of $800 million in senior notes with a 9.875% interest rate, due in 2030, to be used for repaying borrowings and general corporate purposes [1]. Group 1: Financial Details - The senior notes were priced at an issue price of 98.563% [1]. - The offering is expected to close on March 17, 2025, subject to customary closing conditions [1]. - The net proceeds from the offering will be used to repay outstanding borrowings under an asset-based revolving credit facility [1]. Group 2: Offering Structure - The notes will be offered in a private placement and are expected to be resold to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the United States under Regulation S [2]. - The offering will be made only by means of a private offering memorandum and has not been registered under the Securities Act [2]. Group 3: Company Overview - PBF Energy Inc. is one of the largest independent refiners in North America, operating oil refineries and related facilities across several states [5]. - The company aims to operate its facilities safely and responsibly while providing superior returns to investors [5]. - PBF Energy is also a 50% partner in the St. Bernard Renewables joint venture, focusing on sustainable fuels production [6].

PARSIPPANY, N.J., March 12, 2025 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) ("PBF Energy") today announced that its indirect subsidiary, PBF Holding Company LLC ("PBF Holding"), intends to offer, subject to market and other conditions, $750 million in aggregate principal amount of senior notes due 2030 (the "Notes") in a private offering. The Notes will be co-issued by PBF Finance Corporation, a wholly owned subsidiary of PBF Holding. Completion of the offering is subject to, among other things, pricing and ...

Company Leadership Transition - Thomas J. Nimbley will retire as Executive Chairman of PBF Energy Inc. on June 30, 2025, and will assume the role of non-executive Chairman of the Board if re-elected at the 2025 Annual Meeting of Stockholders [1] - Nimbley served as CEO from June 2010 to June 2023 and has been Executive Chairman since then, overseeing the growth of PBF Energy from a start-up to one of the largest independent refiners in the U.S. with a refining system of six refineries and a combined throughput of approximately 1 million barrels per day [2] Company Overview - PBF Energy Inc. is one of the largest independent refiners in North America, operating oil refineries and related facilities in California, Delaware, Louisiana, New Jersey, and Ohio [4] - The company aims to operate its facilities safely and responsibly, provide a rewarding workplace for employees, positively influence local communities, and deliver superior returns to investors [4] Joint Ventures and Future Plans - PBF Energy is a 50% partner in the St. Bernard Renewables joint venture, which focuses on the production of next-generation sustainable fuels [5]

PBF Energy Inc. (PBF) has announced plans to repair and restart its 157,000 barrel-per-day Martinez refinery in California, which was damaged by a fire on Feb. 1. The restart will take place in two stages, with key units, including the crude unit, expected to resume operations in second-quarter 2025. The refinery will initially operate at a reduced throughput of 85,000 to 105,000 barrels per day, producing limited gasoline, jet fuel and intermediates.The second stage of the restart will focus on units that ...

Core Viewpoint - PBF Energy Inc. plans to repair and restart its 157,000 barrel per day refinery in Martinez, CA, which was damaged by a fire on February 1, 2025, with a two-stage restart process expected to begin in Q2 2025 and complete by Q4 2025 [1][2][3] Group 1: Refinery Operations - The refinery's restart will occur in two stages, with certain units, including the crude unit, expected to restart early in Q2 2025, while remaining units are anticipated to restart by Q4 2025 [1] - During the first stage, throughput is expected to range from 85,000 to 105,000 barrels per day, producing limited quantities of gasoline, jet fuel, and intermediates [1] - The timing of the restart is contingent on various factors, including regulatory permitting and the availability of critical equipment [1] Group 2: Financial Impact and Insurance - The cost of repairs is expected to be largely covered by insurance, with a deductible and retentions totaling $30 million [2] - Business interruption insurance is anticipated to significantly offset financial losses incurred during the downtime, covering ongoing costs and potential lost margin opportunities from April 3, 2025, until operations are fully restored [2] Group 3: Company Commitment and Community Impact - The company emphasizes its commitment to restoring operations safely and responsibly, expressing gratitude to first responders and acknowledging the inconvenience caused to the community [3] - PBF Energy aims to maintain jobs for employees and continue providing critical transportation fuels, particularly for California [3] Group 4: Company Overview - PBF Energy Inc. is one of the largest independent refiners in North America, operating refineries and related facilities across several states [5] - The company's mission includes operating facilities safely and reliably, providing a rewarding workplace for employees, and delivering superior returns to investors [5] - PBF Energy is also a 50% partner in the St. Bernard Renewables joint venture, focusing on sustainable fuel production [6]

Group 1 - PBF Energy Inc. will participate in the Raymond James Institutional Investor Conference on March 3-4, 2025, and the Wolfe Research Refining Conference on March 6, 2025 [1] - Company presentation materials will be available on the Investor Relations section of the PBF Energy website [1] - PBF Energy is one of the largest independent refiners in North America, operating oil refineries and related facilities in multiple states [2] Group 2 - The company's mission includes operating facilities in a safe and environmentally responsible manner, providing a rewarding workplace, positively influencing communities, and delivering superior returns to investors [2] - PBF Energy is a 50% partner in the St. Bernard Renewables joint venture, which focuses on producing next-generation sustainable fuels [3]

Group 1 - The article discusses the financial challenges faced by PBF Energy due to weak crack spreads, which are impacting the company's cash reserves accumulated previously [1] - The author emphasizes the importance of evaluating potential equities in the power and energy industries for long-term investment opportunities [1] - The focus is on income-producing equities and rental real estate properties as viable options for cash flow and long-term appreciation [1] Group 2 - The article does not provide any specific financial data or performance metrics related to PBF Energy or the broader industry [2][3]