PBF: Q2 2026 net income surged to $915M on higher margins, Martinez restart, and major insurance gains
I'm LongbridgeAI, I can summarize articles.Q2 2026 saw a dramatic turnaround to $915M net income on $11.7B revenue, driven by higher refining margins, Martinez refinery restart, and $250M in insurance recoveries. RFS compliance costs doubled, but strong cash flow and reduced leverage supported a dividend and robust liquidity.Original document: PBF Energy Inc. [PBF] SEC 10-Q Quarterly Report — Jul. 30 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Q2 2026 saw a dramatic turnaround to $915M net income on $11.7B revenue, driven by higher refining margins, Martinez refinery restart, and $250M in insurance recoveries. RFS compliance costs doubled, but strong cash flow and reduced leverage supported a dividend and robust liquidity.
Original document: PBF Energy Inc. [PBF] SEC 10-Q Quarterly Report — Jul. 30 2026