7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 
      
    		                                                   
      cash flows from operating activities:
    		                                                   
      net income
    		171,700,000 -5,400,000 -405,900,000 -292,600,000 -289,100,000 -66,000,000 107,500,000 -48,400,000 794,100,000 1,030,400,000 385,900,000 656,100,000 1,084,200,000 1,235,800,000 -3,300,000 189,100,000 78,700,000 69,900,000 -22,200,000 -286,000,000 -397,800,000 413,000,000 -1,062,500,000 69,100,000 86,300,000 -21,600,000 241,400,000 -346,673,000 192,466,000 287,687,000 41,811,000 260,386,000 347,226,000 -104,151,000 -20,030,000 71,762,000 56,444,000 120,648,000 -23,336,000 -121,541,000 55,495,000 158,460,000 103,119,000 -320,849,000 170,012,000 45,836,000 183,272,000 102,097,000 -64,894,000 107,171,000 69,711,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                   
      depreciation and amortization
    		167,400,000 166,300,000 175,200,000 166,900,000 165,600,000 162,000,000 148,500,000 143,300,000 148,600,000 149,600,000 150,100,000 145,000,000 135,900,000 128,400,000 124,600,000 122,600,000 120,300,000 119,200,000 121,700,000 189,200,000 137,900,000 131,000,000 123,000,000 116,200,000 112,900,000 109,800,000 108,600,000 100,933,000 95,380,000 94,290,000 87,993,000 84,808,000 80,457,000 71,068,000 63,527,000 62,037,000 58,388,000 53,928,000 58,595,000 55,495,000 50,670,000 50,947,000 49,892,000 46,662,000 70,110,000 36,589,000 34,848,000 31,584,000 29,064,000 29,211,000 28,142,000 
      stock-based compensation
    		8,400,000 10,000,000 11,400,000 14,200,000 9,100,000 8,600,000 12,400,000 23,800,000 8,800,000 9,700,000 9,200,000 29,400,000 6,900,000 10,300,000 7,700,000 10,900,000 6,900,000 10,400,000 7,400,000 5,100,000 10,400,000 9,100,000 9,600,000 8,900,000 8,400,000 12,000,000 8,000,000 7,361,000 5,591,000 7,945,000 5,072,000 8,784,000 4,222,000 7,817,000 6,025,000 6,325,000 3,622,000 9,359,000 3,350,000 4,740,000 3,363,000 2,439,000 2,955,000 1,804,000 2,454,000 1,503,000 1,420,000 1,003,000 773,000 957,000 1,020,000 
      deferred income taxes
    		63,800,000 -5,400,000 -142,400,000 -122,600,000 -125,900,000 4,100,000 5,200,000 120,700,000 104,700,000 269,200,000 42,400,000 254,700,000 105,300,000 66,300,000 -6,100,000 3,200,000 12,000,000 4,200,000 -7,700,000 2,700,000 235,600,000 138,100,000 -374,800,000 14,100,000 21,400,000 -10,300,000 78,500,000 -134,272,000 61,278,000 94,876,000 10,859,000 202,508,000 203,789,000 -72,944,000 -19,520,000 50,327,000 101,458,000 40,019,000 52,954,000 -32,945,000 -46,668,000 50,838,000 23,168,000 -120,105,000 35,628,000 2,130,000 32,960,000 17,579,000 -17,567,000 9,225,000 7,444,000 
      non-cash change in inventory repurchase obligations
    		        16,600,000 12,700,000 -4,200,000 15,700,000 -17,700,000 37,300,000 -40,700,000 -54,400,000 3,800,000 34,200,000 8,000,000 6,500,000 6,600,000 42,200,000 -67,900,000 14,000,000 -23,600,000 20,800,000 14,200,000 -42,491,000 8,163,000 -6,287,000 8,825,000 40,438,000 -23,552,000 20,017,000 -23,124,000 136,000 3,145,000 -8,975,000 35,147,000 10,019,000 -35,833,000 22,694,000 66,509,000 -61,644,000 -23,629,000 9,490,000 -17,463,000 -7,130,000    
      change in fair value of contingent consideration
    		   0 0 0 -3,300,000 -78,200,000 65,300,000 -16,600,000 -16,300,000 -82,600,000 3,000,000 77,600,000 50,300,000 6,200,000 100,000 -4,000,000 30,100,000 -200,000 -28,600,000 -12,100,000 -52,800,000                             
      pension and other post-retirement benefit costs
    		13,200,000 13,100,000 13,100,000 13,000,000 12,900,000 13,000,000 13,000,000 12,000,000 12,000,000 11,900,000 12,000,000 11,900,000 11,900,000 11,900,000 11,900,000 12,800,000 12,700,000 12,500,000 12,800,000 14,200,000 14,200,000 14,200,000 13,100,000 11,200,000 11,200,000 11,200,000 11,200,000 11,845,000 11,845,000 11,846,000 11,845,000 10,560,000 10,561,000 10,561,000 10,560,000                 
      gain on insurance recoveries
    		-250,000,000                                                   
      insurance proceeds
    		0                                                   
      income from equity method investment
    		19,700,000 4,300,000 17,000,000   12,400,000 800,000 59,900,000                                            
      loss on formation of sbr equity method investment
    		      8,700,000                                             
      (gain) loss on sale of assets
    		-94,000,000       0 100,000 200,000 -1,600,000                 -22,000                        
      changes in operating assets and liabilities:
    		                                                   
      accounts receivable
    		-1,800,000 9,700,000 30,200,000 81,400,000 263,800,000 -331,000,000 183,300,000 220,900,000 -214,800,000 -184,600,000 272,300,000 173,800,000 337,300,000 -152,400,000 -537,500,000 -220,800,000 -49,000,000 -144,300,000 -350,600,000 -48,300,000 -35,600,000 10,000,000 396,000,000 45,500,000 110,000,000 -120,400,000 -151,200,000 349,604,000 -33,737,000 -203,019,000 121,497,000 -176,539,000 -164,371,000 -1,429,000 9,962,000 33,463,000 -5,772,000 -106,342,000 -86,765,000 -58,009,000 144,603,000 -99,042,000 110,084,000 147,130,000 14,827,000 -183,585,000 67,006,000 -18,768,000 13,473,000 71,494,000 -159,050,000 
      inventories
    		27,200,000 120,900,000 -295,500,000 165,000,000 104,000,000 27,000,000 291,900,000 -2,200,000 -263,200,000 -52,300,000 -91,300,000 -74,100,000 286,900,000 -82,900,000 -388,400,000 326,300,000 -195,200,000 -59,800,000 -220,600,000 222,900,000 144,500,000 -49,500,000 74,300,000 -18,700,000 137,000,000 70,100,000 -194,700,000 43,541,000 33,972,000 197,469,000 -278,294,000 294,484,000 -170,451,000 59,699,000 -238,437,000 182,550,000 -28,527,000 78,544,000 4,035,000 -161,062,000 -26,211,000 -83,612,000 -1,007,000 -15,493,000 -129,444,000 -149,120,000 -99,974,000 14,826,000 214,203,000 -205,098,000 22,060,000 
      prepaid and other current assets
    		70,700,000 31,800,000 -64,500,000 32,900,000 25,100,000 4,600,000 -42,700,000 29,100,000 -92,600,000 55,300,000 -93,800,000 263,200,000 -129,500,000 22,000,000 -161,100,000 50,800,000 17,000,000 -5,100,000 -78,900,000 21,000,000 32,900,000 -9,100,000 -46,600,000 4,700,000 33,100,000 34,400,000 -69,500,000 8,007,000 -6,339,000 32,823,000 -24,384,000                     
      accounts payable
    		-130,100,000 60,300,000 133,800,000 -223,800,000 -168,400,000 224,400,000 -28,900,000 -285,700,000 613,700,000 -100,900,000 -102,400,000 -80,300,000 -412,300,000 -286,900,000 683,800,000 446,500,000 -339,200,000 80,400,000 293,000,000 191,900,000 -206,300,000 7,700,000 -199,900,000 80,700,000 90,300,000 -79,600,000 46,100,000 -1,820,000 -171,529,000 29,775,000 31,907,000 137,075,000 36,331,000 48,240,000 -187,042,000 166,176,000 -6,796,000 -14,391,000 72,577,000 98,205,000 -141,864,000 41,481,000 -22,113,000 8,983,000 -12,900,000 92,366,000 -155,474,000 -161,629,000 336,355,000 -248,653,000 116,163,000 
      accrued expenses
    		900,000 -114,000,000 -12,700,000 -21,600,000 -246,100,000 431,700,000 -639,900,000 168,400,000 -625,000,000 -137,800,000 -149,100,000 -160,200,000 -122,600,000 618,100,000 545,700,000 -776,800,000 691,300,000 245,400,000 638,000,000 278,100,000 203,900,000 -4,600,000 -361,400,000 123,100,000 -112,800,000 -26,700,000 224,500,000 -545,959,000 311,251,000 15,875,000 -8,278,000 -56,313,000 302,368,000 -80,380,000 193,874,000 -91,374,000 151,849,000 166,720,000 -9,375,000 268,239,000 -245,136,000 135,705,000 -195,613,000 -246,738,000 26,677,000 85,148,000 196,698,000 160,668,000 -144,456,000 42,560,000 150,707,000 
      deferred revenue
    		-20,900,000 -14,100,000 19,900,000 3,300,000 19,500,000 -53,900,000 10,800,000 -15,600,000 4,300,000 1,300,000 33,500,000 -34,200,000 -10,800,000 29,700,000 13,200,000 400,000 13,500,000 7,100,000 -25,500,000 23,700,000 3,000,000 -16,100,000 16,500,000 7,100,000 -12,200,000 -41,200,000 46,400,000 6,932,000 8,345,000 -1,553,000 -2,571,000 4,646,000 -1,874,000 2,212,000 -9,343,000 331,000 4,513,000 5,294,000 -889,000 -131,000 -3,044,000 1,132,000 4,859,000 -522,000 -4,385,000 -239,000 -1,393,000 5,884,000 -182,067,000 -28,398,000 1,804,000 
      payment related to tax receivable agreement
    		0 0 -125,400,000 0 0 0 -44,800,000                                             
      other assets and liabilities
    		-20,500,000 -15,200,000 -15,600,000 4,200,000 -22,400,000 -11,800,000 -7,200,000 -55,600,000 -40,100,000 -10,600,000 -8,400,000 300,000 27,200,000 -14,900,000 -12,100,000 3,600,000 -34,000,000 -21,900,000 -23,000,000 -2,800,000 -33,500,000 -16,700,000 -10,100,000 -5,800,000 -20,600,000 -18,300,000 -10,500,000 14,823,000 3,694,000 -6,858,000 -4,128,000 4,305,000 -16,716,000 -15,088,000 -25,573,000 -1,567,000 -14,063,000 -12,960,000 800,000 -12,522,000 -16,548,000 -3,390,000 -1,962,000 13,547,000 -12,431,000 481,000 -3,667,000 -467,000 -10,712,000 -436,000 -9,101,000 
      net cash from operating activities
    		25,700,000 191,100,000 -661,400,000 -329,700,000 -68,000,000 425,300,000 15,800,000 305,900,000 526,900,000 68,100,000 437,600,000 1,123,100,000 1,379,900,000 1,956,700,000 312,300,000 151,600,000 261,000,000 78,400,000 -13,700,000 161,000,000 -163,800,000 -393,000,000 -235,800,000 501,300,000 459,600,000 122,500,000 -149,900,000 117,609,000                        
      capex
    		-148,500,000 -156,100,000 -111,000,000 0 -101,800,000 -53,500,000 -139,600,000 -81,700,000 -130,800,000 -207,300,000 -239,800,000 -241,800,000 -165,000,000 -108,200,000 -118,300,000 -107,100,000 -57,400,000 -47,200,000 -37,400,000 -38,200,000 -37,600,000 -55,100,000 -65,300,000 -95,900,000 -102,900,000 -100,700,000 -105,400,000 -125,307,000                        
      free cash flows
    		-122,800,000 35,000,000 -772,400,000 -329,700,000 -169,800,000 371,800,000 -123,800,000 224,200,000 396,100,000 -139,200,000 197,800,000 881,300,000 1,214,900,000 1,848,500,000 194,000,000 44,500,000 203,600,000 31,200,000 -51,100,000 122,800,000 -201,400,000 -448,100,000 -301,100,000 405,400,000 356,700,000 21,800,000 -255,300,000 -7,698,000                        
      cash flows from investing activities:
    		                                                   
      expenditures for property, plant, and equipment
    		-148,500,000 -156,100,000 -111,000,000  -101,800,000 -53,500,000 -139,600,000                                             
      expenditures for deferred turnaround costs
    		-98,500,000 -105,400,000 -92,700,000 -129,000,000 -47,500,000 -259,600,000 -140,600,000 -150,600,000 -54,900,000 -140,300,000 -127,700,000 -71,300,000 -73,500,000 -84,600,000 -82,200,000 -53,100,000 -26,100,000 -21,700,000 -16,800,000 -12,300,000 -16,600,000 -90,100,000 -69,100,000 -16,700,000 -20,700,000 -128,900,000 -133,000,000 -64,999,000 -21,835,000 -120,394,000 -58,800,000 -37,516,000 -127,223,000 -150,004,000 -64,371,000 -59,728,000 -32,287,000 -23,902,000 -82,747,000 -13,851,000 -16,807,000 -4,542,000 -18,376,000 -79,265,000 -18,999,000 -16,296,000 -23,128,000     
      expenditures for other assets
    		-12,200,000 -25,200,000 -14,600,000 -12,400,000 -3,500,000 -20,300,000 -4,500,000 -1,000,000 -4,500,000 -19,400,000 -15,600,000 -14,100,000 -8,300,000 -18,600,000 -25,000,000 -8,300,000 -4,100,000 -10,200,000 -6,300,000 600,000 -2,500,000 -2,600,000 -4,600,000 -6,500,000 -4,300,000 -11,700,000 -22,200,000 -109,000 -4,589,000 -2,813,000 -9,544,000 -47,000 -7,349,000 -8,900,000 -14,847,000 -14,771,000 -6,410,000 -4,162,000 -17,163,000 -961,000 -1,851,000 -466,000 -4,958,000 -3,809,000 -5,275,000 -1,014,000 -7,157,000 -22,108,000 -7,495,000 -2,254,000 -835,000 
      proceeds from sale of assets
    		       0 0 0 4,400,000         13,700,000 0   0    0        11,662,000 6,170,000   0 30,139,000 60,513,000 77,618,000 128,311,000 36,584,000 0 37,759,000 71,602,000    
      equity method investment - contribution
    		   0    0                                            
      equity method investment - return of capital
    		800,000 900,000 800,000 900,000 400,000 200,000 300,000 500,000 414,500,000                                           
      net cash from investing activities
    		-88,100,000 -153,800,000 -217,500,000 -236,500,000 -187,400,000 -333,200,000 -284,400,000 -232,800,000 208,900,000 64,000,000 -378,700,000 -327,200,000 -246,800,000 -211,400,000 -225,500,000 -161,300,000 -87,600,000 -79,100,000 -60,500,000 -36,200,000 -56,700,000 381,600,000 -1,315,200,000 -119,100,000 -91,600,000 -241,300,000 -260,600,000 -265,760,000 -54,596,000 -271,961,000 -93,280,000 -77,093,000 -181,277,000 -239,667,000 -188,974,000 -146,982,000 -1,011,196,000 -89,878,000 -145,879,000 -645,171,000 -53,367,000 -65,468,000 -48,107,000 -142,296,000 -86,172,000 -382,486,000 -52,653,000 -115,751,000 -84,799,000 -53,571,000 -59,153,000 
      cash flows from financing activities:
    		                                                   
      dividend payments
    		-31,400,000 -31,300,000 -31,300,000 -31,400,000 -28,700,000 -29,300,000 -29,600,000 -30,300,000 -24,600,000 -25,100,000 -25,800,000         0 0 0 -35,900,000 -35,900,000 -35,900,000 -35,800,000 -35,900,000 -35,880,000 -35,860,000 -33,929,000 -33,226,000 -32,963,000 -32,916,000 -32,907,000 -32,900,000 -29,443,000 -29,347,000 -29,354,000 -29,342,000 -29,297,000 -25,742,000 -25,812,000 -25,733,000 -24,984,000 -26,327,000 -20,901,000 -16,401,000 -11,875,000 -11,874,000   
      distributions to pbf energy company llc members other than pbf energy
    		-200,000 -300,000 -200,000 -200,000 -300,000 -200,000 -900,000 -300,000 -2,800,000 -2,000,000 -200,000         0 0 0 -400,000 -500,000 -300,000 -2,000,000 -400,000 -362,000 -362,000 -390,000 -972,000 -1,136,000 -1,148,000 -1,148,000 -1,152,000                 
      proceeds from 2030 9.875% senior notes
    		0 0 788,500,000                                                 
      proceeds from revolver borrowings
    		725,000,000 1,200,000,000 1,150,000,000         0        0 300,000,000 0 1,150,000,000 0 100,000,000 675,000,000 575,000,000     0 200,000,000 90,000,000 200,000,000 0 0       0 0 130,000,000 265,000,000 705,000,000 585,000,000   
      repayments of revolver borrowings
    		-725,000,000 -1,050,000,000 -1,150,000,000         0 -400,000,000       0 0 -300,000,000 -250,000,000 0 -100,000,000 -925,000,000 -325,000,000     0 -200,000,000 -90,000,000 -200,000,000         0 0 -130,000,000 -280,000,000 -705,000,000 -665,000,000   
      payments on financing leases
    		-2,700,000 -2,700,000 -3,000,000 -3,100,000 -3,000,000 -3,100,000 -3,000,000 -3,000,000 -5,300,000 -2,900,000 -2,900,000 -2,800,000 -2,800,000 -2,700,000 -3,000,000 -7,100,000 -3,600,000 -3,600,000 -3,500,000 -3,500,000 -3,200,000                               
      proceeds from insurance premium financing
    		-1,300,000 0 100,700,000 105,500,000 -28,400,000 -32,100,000 78,200,000 4,300,000 -26,300,000 -26,200,000 61,200,000 -8,400,000 -21,900,000 -14,900,000 47,300,000  -21,000,000 -20,900,000 48,900,000  -21,100,000 -11,500,000 45,300,000  -11,400,000 -11,300,000 30,200,000  -10,439,000 -10,438,000 27,836,000                     
      payments of insurance premium financing
    		-12,300,000 -30,200,000 -26,600,000                                                 
      transactions in connection with stock-based compensation plans
    		1,600,000 0 -4,700,000 -4,300,000 300,000 -1,600,000 7,000,000 -2,900,000 20,800,000 6,000,000 14,400,000                                         
      share repurchases of pbf energy’s class a common stock
    		   -29,000,000 -75,000,000 -100,100,000 -125,000,000                                             
      deferred financing costs and other
    		0 -700,000 -12,000,000 0 0 0 -100,000 0 -34,300,000 -1,000,000 -500,000 -34,000,000 10,500,000 -7,200,000 -600,000 -1,500,000 0 1,100,000 -800,000 -4,100,000 -3,200,000 -16,200,000 -11,500,000 2,200,000 500,000   -289,000 -2,926,000   -3,707,000 -1,010,000       -8,184,000 -1,509,000 -7,752,000 -383,000 -122,000 -8,395,000 -2,427,000 -3,092,000 -375,000 590,000 -526,000 -733,000 
      net cash from financing activities
    		-46,300,000 84,800,000 811,400,000 125,600,000 -135,100,000 -166,400,000 -73,400,000 -182,100,000 -360,200,000 -231,300,000 -646,400,000 -500,900,000 -1,398,800,000 -1,005,600,000 6,300,000 -121,300,000 -180,600,000 -60,800,000 5,900,000 202,100,000 277,900,000 514,500,000 1,458,200,000 -103,600,000 -35,800,000 -95,400,000 231,500,000 -313,763,000 223,026,000 -5,994,000 -31,345,000 -14,415,000 -47,751,000 -24,092,000 -85,845,000 4,132,000 51,585,000 525,761,000 -37,523,000 796,637,000 -20,350,000 54,640,000 -32,791,000 -40,588,000 59,117,000 557,409,000 -47,753,000 -13,444,000 -109,796,000 -30,020,000 -33,709,000 
      net change in cash and cash equivalents
    		-108,700,000 122,100,000 -67,500,000 -440,600,000 -390,500,000 -74,300,000 -342,000,000 -109,000,000 375,600,000 -99,200,000 -587,500,000 295,000,000 -265,700,000 739,700,000 93,100,000                                     
      cash and cash equivalents, beginning of period
    		0 0 536,100,000 0 0 0 1,783,500,000 0 0 0 2,203,600,000 0 0 0 1,341,500,000 0 0 0 1,609,500,000  0 0 814,900,000  0 0 597,300,000  0 0 573,021,000  0 0 746,274,000  0 0 944,320,000             
      cash and cash equivalents, end of period
    		-108,700,000 122,100,000 468,600,000 -440,600,000 -390,500,000 -74,300,000 1,441,500,000 -109,000,000 375,600,000 -99,200,000 1,616,100,000 295,000,000 -265,700,000 739,700,000 1,434,600,000 -131,000,000 -7,200,000 -61,500,000 1,541,200,000  57,400,000 503,100,000 722,100,000  332,200,000 -214,200,000 418,300,000  580,871,000 115,366,000 362,963,000  127,860,000 -133,060,000 306,091,000  -787,533,000 672,614,000 740,321,000             
      supplemental cash flow disclosures
    		                                                   
      non-cash activities:
    		                                                   
      accrued and unpaid capital expenditures
    		43,700,000 -23,800,000 101,000,000  -13,800,000 -88,800,000 159,000,000  -42,900,000 -61,700,000 171,200,000  -12,600,000 -1,200,000 120,600,000  17,000,000 2,600,000 45,400,000  -6,400,000 -95,800,000 125,700,000  -5,000,000 -79,400,000 119,300,000  28,402,000 -109,273,000 129,416,000  -92,769,000 73,471,000 55,470,000                 
      assets acquired or remeasured under operating and financing leases
    		28,100,000 13,600,000 65,700,000  56,200,000 13,500,000 124,800,000  56,400,000 122,700,000 51,400,000  6,000,000 5,600,000 24,500,000  1,400,000 24,900,000 -152,800,000                                 
      contribution of assets to sbr equity method investment
    		    0 0 -8,700,000  0                                           
      cash paid during the period for:
    		                                                   
      interest
    		89,500,000 11,900,000 48,700,000  24,700,000 22,300,000 46,300,000  51,900,000 22,300,000 32,000,000  52,300,000 115,900,000 34,600,000  44,200,000 111,200,000 41,200,000  40,800,000 56,500,000 16,500,000  9,800,000                           
      income taxes
    		700,000 2,300,000 100,000  1,100,000 13,400,000 100,000  83,800,000 123,900,000 3,500,000  61,400,000 1,800,000 100,000  600,000 2,800,000 1,900,000  900,000 500,000 100,000  300,000                           
      loss on sale of assets
    		                             594,000 79,000  28,000 29,000 883,000                 
      change in fair value of catalyst obligations
    		       0 100,000 -500,000 -700,000 1,700,000 2,600,000 -7,200,000 4,900,000 5,100,000 -17,800,000 -5,800,000 10,000,000 16,000,000 2,400,000 5,100,000 -11,700,000                             
      change in tax receivable agreement liability
    		           2,100,000 1,700,000 267,200,000 19,300,000     -132,900,000 -252,200,000 0 11,600,000     -6,130,000    -250,357,000    -16,051,000    -20,365,000    0    445,000    
      loss on extinguishment of debt
    		                                                   
      gain on formation of sbr equity method investment
    		   0 0   40,600,000 3,200,000                                           
      gain on sale of assets
    		   -300,000 0 200,000 500,000     600,000 0 200,000 100,000 -2,600,000 200,000 0 -600,000 -8,400,000                                
      expenditures for property, plant and equipment
    		       -81,700,000 -130,800,000 -207,300,000 -239,800,000 -241,800,000 -165,000,000 -108,200,000 -118,300,000 -107,100,000 -57,400,000 -47,200,000 -37,400,000 -38,200,000 -37,600,000 -55,100,000 -65,300,000 -95,900,000 -102,900,000 -100,700,000 -105,400,000 -125,307,000 -76,462,000 -90,754,000 -24,936,000 -39,530,000 -46,705,000 -110,720,000 -109,726,000 -104,112,000 -82,853,000 -68,602,000 -43,170,000 -65,055,000 -64,846,000 -121,668,000 -102,395,000 -217,514,000 -133,582,000 -65,166,000 -60,127,000 -116,488,000 -96,822,000 -48,932,000 -56,152,000 
      pbfx merger transaction payment
    		                                                   
      distributions to pbfx public unitholders
    		           -10,800,000 -9,900,000 -9,800,000 -9,800,000 -9,700,000 -9,800,000 -9,800,000 -9,700,000 -9,700,000 -9,700,000 -9,800,000 -16,700,000 -16,700,000 -16,600,000 -16,400,000 -12,800,000 -12,697,000                        
      proceeds from 2030 7.875% senior notes
    		       0                                            
      repurchase of 2028 6.00% senior notes
    		           0 0   -39,600,000                                    
      redemption of 2025 7.25% senior notes
    		       0                                            
      repurchase of 2025 7.25% senior notes
    		           0 0   -16,300,000                                    
      redemption of 2025 9.25% senior secured notes
    		           0                                        
      repayments of pbfx revolver borrowings
    		           0 -30,000,000 -45,000,000 -25,000,000 -25,000,000 -35,000,000 -25,000,000 -15,000,000 -13,000,000 -35,000,000   0 0 -89,000,000 -12,000,000 0 -34,000,000 0 -9,700,000      0    0           
      redemption of pbfx 2023 senior notes
    		       0 0 0 -525,000,000                                         
      settlements of precious metal catalyst obligations
    		                                                   
      payments of contingent consideration
    		       0 0   -400,000 0 -100,000 -2,600,000 0 0 0 -12,200,000                                 
      non-cash lower of cost or market inventory adjustment
    		               0 0 -264,000,000 -405,600,000 -423,500,000 -9,900,000 -584,200,000 1,285,600,000 26,800,000 47,000,000 182,000,000 -506,000,000 651,734,000 -54,801,000 -158,002,000 -87,653,000 -197,589,000 -265,077,000 151,095,000 16,039,000                 
      loss (income) from equity method investment
    		                                                   
      settlement of precious metal catalyst obligations
    		                                                   
      sbr contribution receivable
    		        -414,600,000                                           
      settlement of affiliate note payable to fund investment in sbr working capital
    		        0                                           
      gain on extinguishment of debt
    		           0 69,900,000                                       
      distribution to t&m and collins shareholders
    		                                                   
      repayments of pbf rail term loan
    		               -1,900,000 -1,800,000 -1,900,000 -1,800,000 -1,800,000 -1,800,000 -1,800,000 -1,800,000 -1,800,000 -1,700,000 -1,800,000 -1,700,000 -1,720,000 -1,707,000 -1,699,000 -1,686,000 -1,674,000 -1,664,000                   
      purchase of treasury stock
    		        -115,000,000 -100,000,000 -167,600,000              -100,000 -400,000 -1,000,000  -350,000 -16,000 -1,017,000                     
      impairment expense
    		                   91,800,000                                
      acquisition of martinez refinery
    		                   0 0 0 -1,176,200,000                             
      proceeds from 2025 9.25% senior secured notes
    		                   250,600,000 0                               
      proceeds from 2028 6.00% senior notes
    		                   0 0 0 1,000,000,000                             
      redemption of 2023 7.00% senior notes
    		                   0 0 0 -517,500,000                             
      proceeds from pbfx revolver borrowings
    		                   0 0 0 100,000,000 0 32,000,000 180,000,000 16,000,000 106,000,000 0       20,000,000 76,200,000   0 0   135,000,000        
      proceeds from catalyst financing arrangements
    		                   0                                
      share repurchase of pbf energy’s class a common stock
    		                                                   
      distributions to t&m and collins shareholders
    		                0                                   
      (gain) loss on extinguishment of debt
    		               -19,600,000                                    
      net proceeds from issuance of pbfx common units
    		                       0 0   0                        
      deferred payment for the east coast storage assets acquisition
    		                                                   
      taxes paid for net settlement of equity-based compensation
    		                                                   
      purchases of treasury stock
    		                                       0 -4,073,000 -3,593,000 -407,000 -110,138,000        
      net increase in cash and cash equivalents
    		                -7,200,000   326,900,000 57,400,000   278,600,000    -461,914,000        120,872,000 -787,533,000 672,614,000 -203,999,000 471,491,000 -150,993,000 174,342,000 51,607,000 -79,520,000 159,849,000 80,409,000 160,165,000 19,553,000   118,204,000 
      fair value of the martinez contingent consideration at acquisition
    		                    0 0 77,300,000                             
      debt extinguishment costs
    		                   0 0 0 22,200,000         0 0                   
      settlement of catalyst obligations
    		                                                   
      net decrease in cash and cash equivalents
    		                  -68,300,000    -92,800,000   -214,200,000 -179,000,000   115,366,000 -210,058,000    -440,183,000                 
      acquisition of knoxville terminal by pbfx
    		                                                   
      acquisition of east coast storage assets by pbfx
    		                                                   
      net proceeds from issuance of pbf energy class a common stock
    		                                                   
      repayments of note payable
    		                                                   
      settlements of catalyst obligations
    		                                                   
      proceeds from stock options exercised
    		                      200,000  0 100,000 100,000 -39,000 2,334,000                       
      cash and equivalents, beginning of period
    		                                       0 0 0 397,873,000 0 0 0 76,970,000 0 0 0 285,884,000 
      cash and equivalents, end of period
    		                                       471,491,000 -150,993,000 174,342,000 449,480,000 -79,520,000 159,849,000 80,409,000 237,135,000 19,553,000 -11,813,000 -334,858,000 404,088,000 
      assets acquired under operating and financing leases
    		                    466,400,000                               
      payments on finance leases
    		                      -2,600,000                             
      taxes paid for net settlement of stock-based compensation
    		                      -900,000    -1,000,000                         
      assets acquired under operating leases
    		                      47,600,000  125,900,000 14,600,000 267,000,000                         
      assets acquired under finance leases
    		                      63,500,000  0                           
      payable to related parties pursuant to tax receivable agreement
    		                                       -57,475,000 0 0 -10,168,000         
      acquisition of toledo products terminal by pbfx
    		                                                   
      purchase of marketable securities
    		                               0 0 0 -75,036,000 -129,968,000 -469,997,000 -620,000,000 -690,000,000 -458,000,000 -229,900,000 -689,693,000 -689,693,000 -729,731,000 -588,909,000       
      maturities of marketable securities
    		                               0 0 40,054,000 75,006,000 149,935,000 546,150,000 718,264,000 689,860,000 458,000,000 229,898,000 690,388,000 689,697,000 759,712,000 624,009,000       
      proceeds from 2025 senior notes
    		                                                   
      cash paid to extinguish 2020 senior secured notes
    		                                                   
      repayments of pbfx term loan borrowings
    		                               0 0 0 -39,664,000 -20,000,000 -76,200,000   0 0   -30,000,000        
      proceeds from pbfx 2023 senior notes
    		                                                   
      change in fair value of catalyst leases
    		                        3,800,000 -500,000 3,100,000 196,000 -1,630,000 -4,140,000 -13,000 1,236,000 -473,000 -1,104,000 2,588,000                 
      acquisition of knoxville terminals by pbfx
    		                            0                       
      net proceeds from issuance of class a common stock
    		                                                   
      repayment of note payable
    		                            -3,200,000 -1,210,000 -1,211,000                     
      catalyst lease settlements
    		                        -2,300,000   358,000 0                       
      cash paid during the year for:
    		                                                   
      acquisition of torrance refinery and related logistics assets
    		                                   0                
      chalmette acquisition working capital settlement
    		                                    0 0 -2,659,000             
      pbfx plains asset purchase
    		                                                   
      repayments of rail facility revolver borrowings
    		                                    -4,487,000    -7,312,000 -41,852,000 -22,774,000         
      proceeds from pbf rail term loan
    		                                                   
      proceeds from 2023 pbfx senior notes
    		                                                   
      note payable issued for purchase of property, plant and equipment
    		                                                   
      adjustments to reconcile net income to net cash from operations:
    		                                                   
      net cash from operations
    		                             393,321,000 -85,433,000 363,638,000 356,888,000 130,699,000 -165,364,000 263,722,000 172,078,000 236,731,000 -20,597,000 320,025,000 -77,276,000 185,170,000 132,505,000 103,364,000 186,904,000 -94,514,000 260,571,000 148,748,000 182,782,000 -251,267,000 211,066,000 
      distributions to pbfx public unit holders
    		                             -11,553,000 -11,369,000 -11,249,000 -11,013,000 -10,761,000 -10,487,000                 
      acquisition of chalmette refining, net of cash acquired
    		                                                   
      proceeds from sale of class a common stock, net of underwriters’ discount
    		                                                   
      proceeds from issuance of pbfx common units, net of underwriters’ discount and commissions
    		                                                   
      proceeds from 2025 7.25% senior notes
    		                               0 0                   
      cash paid to extinguish 2020 8.25% senior secured notes
    		                               0 0                   
      proceeds from rail facility revolver borrowings
    		                                       0 31,325,000 47,325,000 23,425,000 47,170,000 27,700,000       
      proceeds from 2023 senior secured notes
    		                                                   
      proceeds from 2023 6.875% pbfx senior notes
    		                                                   
      proceeds from catalyst lease
    		                                                   
      prepaid expense and other current assets
    		                                14,985,000 9,606,000 54,247,000                 
      expenditures for pbfx plains asset purchase
    		                                                   
      expenditures for acquisition of toledo terminal by pbfx
    		                                0                   
      additional catalyst lease
    		                                                   
      repayment of pbf rail term loan
    		                                  -1,642,000                 
      change in fair value of catalyst lease obligation
    		                                               -1,573,000 2,363,000 -6,820,000 1,339,000 
      pension and other post-retirement benefits costs
    		                                                   
      prepaid expenses and other current assets
    		                                     50,022,000 -79,192,000 -5,271,000 -27,942,000 9,612,000 19,940,000 -42,161,000 52,576,000 -43,190,000 15,718,000     
      cash flow from investing activities:
    		                                                   
      expenditure for pbfx plains asset purchase
    		                                   0 -37,000               
      proceeds from issuance of pbfx common units, net of underwriters' discount and commissions
    		                                   123,000 86,680,000               
      offering costs for issuance of pbfx common units
    		                                                   
      exercise of series a options and warrants of pbf energy company llc
    		                                                   
      repayment of rail facility revolver borrowings
    		                                                   
      repayment of pbfx revolver borrowings
    		                                                   
      proceeds from pbfx term loan borrowings
    		                                           0 0       
      proceeds from pbfx senior notes
    		                                       0 0           
      proceeds from sale of class a common stock, net of underwriters' discount
    		                                                   
      change in fair value of catalyst lease obligations
    		                                    -77,000 1,748,000 2,885,000  -4,994,000 -1,949,000 -2,039,000  -5,543,000 2,338,000 2,001,000     
      pension and other post retirement benefit costs
    		                                    10,539,000 7,675,000 7,680,000  6,447,000 6,445,000 6,448,000  5,924,000 5,733,000 4,805,000     
      gain on disposition of property, plant and equipment
    		                                    8,159,000   129,000 -142,000 -632,000 -359,000 -733,000 18,000 6,000 -186,000 -135,000    
      change in non-cash lower of cost or market adjustment
    		                                    -103,990,000 -157,780,000 -59,063,000  208,313,000 -105,958,000 -21,208,000         
      distributions to pbf energy company llc members
    		                                    -1,489,000 -1,484,000 -1,487,000  -6,990,000 -6,652,000 -1,610,000  -3,695,000       
      distributions to pbfx unit holders
    		                                    -7,699,000 -8,170,000 -6,694,000  -6,049,000 -5,724,000 -5,309,000         
      accrued construction in progress and unpaid fixed assets
    		                                    8,664,000 530,000 7,619,000  -16,697,000 -5,341,000 26,708,000         
      changes in current assets and current liabilities:
    		                                                   
      proceeds from issuance of pbf logistics lp common units, net of underwriters' discount and commissions
    		                                           0 0       
      offering costs for issuance of pbf logistics lp common units
    		                                           0 0       
      distribution to pbf energy company llc members other than pbf energy
    		                                                   
      distribution to pbf logistics lp public unit holders
    		                                                   
      payment of contingent consideration related to acquisition of toledo refinery
    		                                               0 0   
      conversion of delaware economic development authority loan to grant
    		                                                0 0 4,000,000 
      write-off of unamortized deferred financing fees
    		                                                   
      pension and other post retirement benefits costs
    		                                               4,074,000 4,182,000 4,290,000 4,182,000 
      distribution to pbf energy company llc members
    		                                              -13,260,000 -17,288,000 -18,512,000 -96,053,000 -25,892,000 
      proceeds from sale of class a common stock, net of underwriters' discount of 33,702
    		                                                   
      purchase of pbf energy company llc series a units from existing unit holders
    		                                                   
      payment of costs associated with initial public offering
    		                                                   
      proceeds from senior secured notes
    		                                                   
      proceeds from long-term debt
    		                                                   
      repayments of long-term debt
    		                                                   
      accrued construction in progress
    		                                             20,025,000 8,277,000  4,349,000 -2,449,000 5,749,000 
      other current assets
    		                                               290,000 -9,997,000 -17,546,000 -15,202,000 
      acquisition of toledo refinery, net of cash received from sale of assets
    		                                                   
      expenditures for deferred turnarounds cost
    		                                               -48,757,000 -11,308,000 -2,385,000 -2,166,000 
      other
    		                                                   
      proceeds from members' capital contributions to pbf energy company llc
    		                                                   
      repayment of seller note inventory
    		                                                   
      proceeds from 8.25% senior secured notes
    		                                                   
      non-cash impact of inventory supply and offtake agreements on inventory and accrued expenses
    		                                                -135,901,000 118,043,000 24,541,000 
      non-cash change inventory repurchase obligations
    		                                                 -9,224,000 -8,153,000 
      dividend payment
    		                                                  -7,084,000 
      repayment of long-term debt
    		                                                   
      cash flows from operating activities
    		                                                   
      other assest and liabilities
    		                                                   
      cash flows from investing activities
    		                                                   
      acquisition of paulsboro refinery and pipeline
    		                                                   
      acquisition of delaware city refinery assets
    		                                                   
      expenditures for deferred turnarounds costs
    		                                                   
      cash flows from financing activities
    		                                                   
      proceeds from members’ capital contributions to pbf energy company llc
    		                                                   
      proceeds from exercise of series a options and warrants of pbf energy company llc
    		                                                   
      proceeds from sale of class a common stock, net of underwriters’ discount of 33,702
    		                                                   
      proceeds from economic development authority loan
    		                                                   
      repayment of seller note for inventory
    		                                                   
      promissory note issued for toledo refinery acquisition
    		                                                   
      senior secured seller note issued for paulsboro refinery acquisition
    		                                                   
      seller note issued for acquisition of inventory
    		                                                   
      fair value of toledo refinery contingent consideration
    		                                                   
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.