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PBF Energy gains on smaller-than-expected Q1 loss

ReutersMay 1, 2025 2:55 PM

Shares of U.S.-based refiner PBF Energy PBF.N rise 3.8% to $17.83

Company reports smaller-than-expected Q1 adjusted loss of $3.09/share vs est of $3.12/share - data compiled by LSEG

PBF posts Q1 net loss attributable to the company of $401.8 million compared with net income of $106.6 million a year ago

Q1 crude oil and feedstocks throughput fell to 730,400 barrels of oil per day from 897,400 bpd a year earlier

Including session's moves, shares are down 33.95% YTD

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