Edition:
United Kingdom

PBF Energy Q4 Earnings Per Share $2.14


Thursday, 15 Feb 2018 

Feb 15 (Reuters) - PBF Energy Inc ::PBF ENERGY REPORTS FOURTH QUARTER 2017 RESULTS, DECLARES DIVIDEND OF $0.30 PER SHARE.Q4 EARNINGS PER SHARE $2.14.Q4 LOSS PER SHARE $0.04 EXCLUDING ITEMS.QTRLY REVENUE $6.54 BILLION VERSUS $4.75 BILLION LAST YEAR.RESULTS FOR THE FOURTH QUARTER 2017 WERE IMPACTED BY SPECIAL ITEMS‍​.TAX CUTS AND JOBS ACT PROVIDED A NET TAX BENEFIT OF $173.3 MILLION, OR $1.51 PER SHARE IN QUARTER.FOR Q1 2018, EXPECT EAST COAST TOTAL THROUGHPUT TO AVERAGE 330,000 TO 350,000 BARRELS PER DAY.FOR Q1 2018, MID-CONTINENT TOTAL THROUGHPUT IS EXPECTED TO AVERAGE 125,000 TO 135,000 BARRELS PER DAY.PBF ENERGY -SEES Q1 2018 GULF COAST THROUGHPUT OF AVERAGE 180,000 TO 190,000 BARRELS/DAY, WEST COAST THROUGHPUT AVERAGE 160,000 TO 170,000 BARRELS/DAY.