Pbf energy reports first quarter 2020 results

Pbf energy reports first quarter 2020 results.q1 loss per share $8.93.q1 earnings per share estimate $-1.04 -- refinitiv ibes data.q1 loss per share $1.19 excluding items.reduced 2020 capital expenditures by approximately 50%, a more than $350 million reduction.in late march and through early april 2020, we started reducing amount of crude oil processed at our refineries.expect near-term throughput to be in 650,000 to 750,000 barrel per range for our refining system.suspended pbf energy's quarterly dividend of $0.30 per share, anticipated to preserve approximately $35 million of cash each quarter.qtrly revenue $5.28 billion versus $5.22 billion.
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