Saturday, February 22, 2025
U.S. refiner PBF energy deepens losses for third straight quarter- oil and gas 360

U.S. refiner PBF Energy deepens losses for third straight quarter

(Oil Price) – PBF Energy (NYSE: PBF) on Thursday reported a loss for the fourth quarter amid falling refining margins, booking widening losses for the third consecutive quarter. PBF Energy said that its adjusted fully converted net loss for the fourth quarter of 2024, excluding special items, was $324.5 million, or a loss of $2.82 per share. The loss was in