PBF Energy Inc-A 2026年季度报告

FORM 10-Q (Mark one) PBF ENERGY INC. (Exact name of registrant as specified in its charter) Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days. Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smallerreporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large acceleratedfiler☑Accelerated filer☐Non-accelerated filer☐Smaller reportingcompany☐Emerging growthcompany If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ As of April24, 2026, PBF Energy Inc. had 118,308,459 shares of Class A common stock and 11 shares of Class B common stockoutstanding. PBF ENERGY INC.FORM 10-Q FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2026TABLE OF CONTENTS CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS PART I – FINANCIAL INFORMATION ITEM1.Financial Statements (Unaudited)Condensed Consolidated Balance Sheets as of March 31, 2026and December 31, 2025Condensed Consolidated Statements of Operations for the three months ended March 31, 2026 and 2025Condensed Consolidated Statements of Comprehensive Income (Loss) for the three months ended March31, 2026 and 2025Condensed Consolidated Statements of Changes in Equity for the three months ended March 31, 2026 and2025Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2026 and 2025Notes to Condensed Consolidated Financial StatementsITEM 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsITEM 3.Quantitative and Qualitative Disclosures about Market RiskITEM 4.Controls and Procedures PART II – OTHER INFORMATION ITEM 1.Legal ProceedingsITEM 1A.Risk FactorsITEM 2.Unregistered Sales of Equity Securities and Use of ProceedsITEM 5.Other InformationITEM 6.ExhibitsSIGNATURES EXPLANATORY NOTE This Quarterly Report on Form 10-Q is filed by PBF Energy Inc. (“PBF Energy”) which is a holding company whose primaryasset is an equity interest in PBF Energy Company LLC (“PBF LLC”). PBF Energy is the sole managing member of, and owner of anequity interest representing approximately 99.3% of the outstanding economic interests in PBF LLC as of March31, 2026. PBFEnergy operates and controls all of the business and affairs and consolidates the financial results of PBF LLC and its subsidiaries. PBFLLC is a holding company for the companies that directly and indirectly own and operate our business. PBF Holding Company LLC(“PBF Holding”) is a wholly-owned subsidiary of PBF LLC and is the parent company for our refining operations. PBF FinanceCorporation is a wholly-owned subsidiary of PBF Holding. PBF Logistics LP (“PBFX”) is an indirect wholly-owned subsidiary ofPBF Energy and PBF LLC that owns and operates logistics assets that support our refining operations. Collectively, PBF Energy andits consolidated subsidiaries, including PBF LLC, PBF Holding, and PBFX are referred to hereinafter as the “Company” unless thecontext otherwise requires. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains certain “forward-looking statements”, as defined in the Private SecuritiesLitigation Reform Act of 1995 (“PSLRA”), of expected future developments that involve risks and uncertainties. You can identifyforward-looking statements because they contain words such as “believes,” “expects,” “may,” “should,” “seeks,” “approximately,”“intends,” “plans,” “estimates,” “anticipates” or similar expressions that relate to our strategy, plans, or intentions. All statements wemake relating to our estimated and projected earnings, margins, costs, expenditures, cash flows, growth rates, and financial results orto our strategies, objectives, intentions, resources, and expectations regarding future industry trends are forward-looking statementsmade under the safe harbor provisions of the PSLRA except to the extent such statements relate to the operations of a partnership orlimited liability company. In addition, we, through our senior management, from time to time make forward-looking pu