Sunday, May 25, 2025
U.S. refiner PBF energy deepens losses for third straight quarter- oil and gas 360

U.S. refiner PBF Energy deepens losses for third straight quarter

(Oil Price) – PBF Energy (NYSE: PBF) on Thursday reported a loss for the fourth quarter amid falling refining margins, booking widening losses for the third consecutive quarter. PBF Energy said that its adjusted fully converted net loss for the fourth quarter of 2024, excluding special items, was $324.5 million, or a loss of $2.82 per share. The loss was in

Corporate Governance Update: Directors and Officers Announced this Week

PBF Energy Inc. (ticker: PBF): George E. Ogden has been elected as an independent director, effective January 1, 2018 Eagle Energy Inc. (ticker: EGL): F. Wayne McWhorter will be appointed as a director of Eagle effective January 1, 2018 Enerplus Corporation (ticker: ERF): Jeff Sheets appointed to the board of directors, effective December 7, 2017. David Barr will retire from

PBF Purchases 189 MBOPD of Refining Capacity

PBF purchases Chalmette Refinery and other assets for $322 million PBF Energy (ticker: PBF) announced today that its subsidiary has signed an agreement to purchase Chalmette Refining, LLC in New Orleans, Louisiana for $322 million plus working capital including inventory to be valued at closing, according to a company press release.  The purchase includes the refinery, which has a 189