Company research
PBF Holding Co LLC
CIK 1566011
Filing activity
Latest filing
50 filings on record · 8-K, 10-Q, 10-K, CT ORDER.
About the company
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, Delaware, Louisiana, New Jersey and Ohio. Our mission is to operate our facilities in a safe, reliable and environmentally responsible manner, provide employees with a safe and rewarding workplace, become a positive influence in the communities where we do business, and provide superior returns to our investors.
Recent filings
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities
Items 1.01, 2.03, 3.02, 9.01
Other Events
Items 8.01, 9.01
Regulation FD Disclosure · Other Events
Items 7.01, 8.01, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Show 5 more recent filings
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
Other Events
Items 8.01, 9.01
Regulation FD Disclosure · Other Events
Items 7.01, 8.01, 9.01
10-Q filing
8-K filing
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 11,706,300,000Source | 11,231,800,000Source | 12,924,100,000Source | 13,150,200,000Source |
| Property, Plant and Equipment, NetUSD | 4,810,400,000Source | 4,267,300,000Source | 4,145,500,000Source | 4,601,800,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 503,000,000Source | 515,200,000Source | 1,760,800,000Source | 2,153,900,000Source |
| Inventory, NetUSD | 2,563,100,000Source | 2,595,300,000Source | 3,183,100,000Source | 2,763,600,000Source |
| Assets, CurrentUSD | 4,419,500,000Source | 4,432,900,000Source | 6,480,300,000Source | 6,494,500,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 183,900,000Source | 156,400,000Source | 173,000,000Source | 119,000,000Source |
| Other Assets, NoncurrentUSD | 1,461,000,000Source | 1,367,200,000Source | 1,129,300,000Source | 954,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 6,933,200,000Source | 6,239,900,000Source | 6,762,300,000Source | 7,533,100,000Source |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)USD | 667,800,000Source | 1,422,300,000Source | 2,868,800,000Source | 2,649,600,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 10,000,000Source | -13,300,000Source | -18,800,000Source | -4,400,000Source |
| Stockholders' Equity Attributable to ParentUSD | 4,760,300,000Source | 4,979,200,000Source | 6,148,700,000Source | 5,604,900,000Source |
| Liabilities and EquityUSD | 11,706,300,000Source | 11,231,800,000Source | 12,924,100,000Source | 13,150,200,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 3,833,100,000Source | 3,624,300,000Source | 4,296,300,000Source | 4,779,200,000Source |
| Operating Lease, Liability, CurrentUSD | 325,400,000Source | 301,200,000Source | 239,800,000Source | 165,000,000Source |
| Accounts Payable, CurrentUSD | 794,400,000Source | 727,100,000Source | 952,900,000Source | 847,500,000Source |
| Operating Lease, Liability, NoncurrentUSD | 656,100,000Source | 827,400,000Source | 880,000,000Source | 869,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 21,100,000Source | 18,800,000Source | 24,800,000Source | 21,000,000Source |
| Other Liabilities, NoncurrentUSD | 248,800,000Source | 276,700,000Source | 269,200,000Source | 371,100,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 12,800,000Source | 12,700,000Source | 13,100,000Source | 12,200,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 2,614,200,000Source | 2,465,300,000Source | 2,968,000,000Source | 3,691,000,000Source |
| Deferred Revenue, CurrentUSD | 20,800,000Source | 43,300,000Source | 63,600,000Source | 37,500,000Source |
| Deferred Tax Liabilities, NetUSD | 21,100,000Source | 18,800,000Source | 24,800,000Source | 21,000,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 2,148,300,000Source | 1,457,300,000Source | 1,245,900,000Source | 1,434,900,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -481,300,000Source | -895,900,000Source | 1,803,800,000Source | 3,708,900,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 370,400,000Source | 357,000,000Source | 313,500,000Source | 261,500,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 39,000,000Source | 44,300,000Source | 51,500,000Source | 44,100,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -20,900,000Source | -195,100,000Source | -115,500,000Source | 179,600,000Source |
| Increase (Decrease) in InventoriesUSD | 280,800,000Source | -587,900,000Source | 334,100,000Source | 258,500,000Source |
| Increase (Decrease) in Accounts PayableUSD | 6,600,000Source | -199,400,000Source | 125,900,000Source | -97,700,000Source |
| Deferred Income Tax Expense (Benefit)USD | 2,200,000Source | -5,900,000Source | 3,700,000Source | -3,200,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -274,300,000Source | -136,800,000Source | 1,478,000,000Source | 4,696,200,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -611,100,000Source | -1,001,800,000Source | -1,157,300,000Source | -1,003,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 687,400,000Source | 384,400,000Source | 647,700,000Source | 625,400,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 873,200,000Source | -107,000,000Source | -713,800,000Source | -2,845,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -12,700,000Source | -100,000Source | -35,800,000Source | -31,300,000Source |
| Repayments of Long-term DebtUSD | 0Source | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -12,200,000Source | -1,245,600,000Source | -393,100,000Source | 848,200,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 503,000,000Source | 515,200,000Source | 1,760,800,000Source | 2,153,900,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 151,800,000Source | 93,200,000Source | 95,500,000Source | 211,500,000Source |
| Income Taxes Paid, NetUSD | 800,000Source | 800,000Source | 1,600,000Source | 800,000Source |
| Additional Financial Items | ||||
| DepreciationUSD | 220,800,000Source | 214,600,000Source | 205,000,000Source | 200,400,000Source |
| Depreciation, Amortization and Accretion, NetUSD | 620,700,000Source | 600,700,000Source | 551,600,000Source | 495,600,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | -1,000,000Source | -400,000Source | 1,300,000Source | -900,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -1,000,000Source | -400,000Source | 1,300,000Source | -900,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | 0Source | -5,700,000Source | -66,100,000Source |
| General and Administrative ExpenseUSD | 322,000,000Source | 250,500,000Source | 350,200,000Source | 438,500,000Source |
| Income Tax Expense (Benefit)USD | 3,300,000Source | -5,700,000Source | 1,900,000Source | -2,700,000Source |
| Net Income (Loss) Attributable to ParentUSD | -481,400,000Source | -895,500,000Source | 1,802,900,000Source | 3,710,300,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 100,000Source | 400,000Source | 900,000Source | 1,400,000Source |
| Proceeds from Contributions from ParentUSD | 472,700,000Source | 245,000,000Source | 1,159,600,000Source | 56,400,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 29,297,700,000Source | 33,077,900,000Source | 38,288,500,000Source | 46,780,600,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)USD | -292,600,000Source | -833,300,000Source | 1,870,900,000Source | 3,972,400,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -478,000,000Source | -901,600,000Source | 1,805,700,000Source | 3,706,200,000Source |
| Income Tax Expense (Benefit)USD | 3,300,000Source | -5,700,000Source | 1,900,000Source | -2,700,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 100,000Source | 400,000Source | 900,000Source | 1,400,000Source |
| Net Income (Loss) Attributable to ParentUSD | -481,400,000Source | -895,500,000Source | 1,802,900,000Source | 3,710,300,000Source |
| Additional Financial Items | ||||
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | 26,950,200,000Source | 30,590,300,000Source | 33,000,800,000Source | 39,350,700,000Source |
| Cost, Depreciation and AmortizationUSD | 594,200,000Source | 578,400,000Source | 523,900,000Source | 466,900,000Source |
| Costs and ExpensesUSD | 29,590,300,000Source | 33,911,200,000Source | 36,417,600,000Source | 42,808,200,000Source |
| Current Income Tax Expense (Benefit)USD | 1,100,000Source | 200,000Source | -1,800,000Source | 500,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 8,400,000Source | 7,100,000Source | 8,500,000Source | 7,500,000Source |
| General and Administrative ExpenseUSD | 322,000,000Source | 250,500,000Source | 350,200,000Source | 438,500,000Source |
| Interest ExpenseUSD | 186,700,000Source | 70,700,000Source | 61,300,000Source | 206,900,000Source |
| Interest Income, OtherUSD | 17,700,000Source | 49,200,000Source | — | — |
Filing attachments
d175053dex41.htm · 8-K · 2026-09-17
EX-4.1 2 d175053dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 Execution Version INDENTURE Dated as of September 17, 2026 Among PBF HOLDING COMPANY LLC, PBF FINANCE CORPORATION, each as an Issuer, THE GUARANTORS PARTY HERETO FROM TIME TO TIME, PBF ENERGY INC. and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee 0% Exchangeable Senior Notes due 2032 TABLE OF CONTENTS …
Read attachment ↗d175358dex991.htm · 8-K · 2026-09-15
EX-99.1 2 d175358dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 PBF Energy Announces Pricing of $500 Million of 0% Exchangeable Notes due 2032 PARSIPPANY, NJ - September 14, 2026 - PBF Energy Inc. (NYSE:PBF) (“PBF Energy”) today announced that its indirect subsidiary, PBF Holding Company LLC (“PBF Holding”), priced $500 million in aggregate principal amount of 0% exchangeable notes due 2032 (the “Notes”) in a private offering exempt from registration under the Securities Act of 1933, as amended …
Read attachment ↗d179978dex991.htm · 8-K · 2026-09-14
EX-99.1 2 d179978dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Recent Developments Air Products Asset Purchase On July 20, 2026, PBF Energy Company LLC (“PBF LLC”), a subsidiary of PBF Energy, entered into an agreement with Air Products West Coast Hydrogen LLC (“AP”) to acquire two hydrogen production plants located at the Torrance refinery that were subject to operating lease arrangements as of June 30, 2026 (the “Air Products Asset Purchase”). PBF LLC closed on the Air Products Asset Purchas…
Read attachment ↗d179978dex992.htm · 8-K · 2026-09-14
EX-99.2 3 d179978dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 PBF Energy Announces Intention to Offer $500 Million of Exchangeable Notes due 2032 PARSIPPANY, NJ - September 14, 2026 - 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, $500 million in aggregate principal amount of exchangeable notes due 2032 (the “Notes”), in a private offering (the “Offering”)…
Read attachment ↗d16410dex41.htm · 8-K · 2026-05-28
EX-4.1 2 d16410dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 Execution Version INDENTURE Dated as of May 28, 2026 Among PBF HOLDING COMPANY LLC, PBF FINANCE CORPORATION, THE GUARANTORS NAMED ON THE SIGNATURE PAGES HERETO, WILMINGTON TRUST, NATIONAL ASSOCIATION, as Trustee, and DEUTSCHE BANK TRUST COMPANY AMERICAS, as Paying Agent, Registrar, Transfer Agent and Authenticating Agent 7.250% SENIOR NOTES DUE 2034 TABLE OF CONTENTS …
Read attachment ↗d149642dex991.htm · 8-K · 2026-05-27
EX-99.1 2 d149642dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 PBF Energy Announces Pricing of $500 Million of Senior Notes due 2034 PARSIPPANY, NJ - May 26, 2026 - PBF Energy Inc. (NYSE:PBF) (“PBF Energy”) today announced that its indirect subsidiary, PBF Holding Company LLC (“PBF Holding”), priced $500 million in aggregate principal amount of 7.25% senior notes due 2034 (the “Notes”) in a private offering. The offering is expected to close on May 28, 2026, subject to customary closing conditi…
Read attachment ↗