Pbf energy reports fourth quarter and full year 2023 results, declares dividend of $0.25 per share and announces increased share repurchase authorization

Fourth quarter loss from operations of $47.2 million (excluding special items, fourth quarter loss from operations of $46.1 million) full year income from operations of $2,951.5 million (excluding special items, full year income from operations of $2,017.6 million) year-ending consolidated cash balance of approximately $1.8 billion returned more than $180 million to stockholders through dividends and share buybacks in the fourth quarter and approximately $640 million in the year increased total outstanding share repurchase authorization to over $1 billion with new $750 million approval parsippany, n.j. , feb. 15, 2024 /prnewswire/ -- pbf energy inc. (nyse: pbf) today reported fourth quarter 2023 loss from operations of $47.2 million as compared to income from operations of $955.6 million for the fourth quarter of 2022.
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