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PBF Energy Reports $1.53 Billion in Q3 Net Income Attributable to PBF Energy

Revenue reached $12.13 billion, up 58.6% year over year, while non-GAAP EPS beat estimates by $1.67.

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Refinery towers and pipework rise above the Delaware River near Delaware City, Delaware. (AI-generated image / EconoTimes)
Refinery towers and pipework rise above the Delaware River near Delaware City, Delaware. (AI-generated image / EconoTimes)

PBF Energy recorded $1.53 billion in net income attributable to PBF Energy for the third quarter, as revenue climbed to $12.13 billion on 58.6% year-over-year growth.

The comparison-period net income figure was $170.1 million. PBF Energy's non-GAAP earnings per share (EPS) came in at $12.78, $1.67 above estimates; revenue exceeded estimates by $1.35 billion.

Operating income came to $2.10 billion, versus $285.9 million for the comparison. PBF Energy is an independent U.S. petroleum refiner.

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