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On the Record · PBF Energy

PBF Energy acquisitions, on the record

The businesses PBF Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
PBFX publicly held common units
Word for word“Such Merger Agreement consideration totaled $303.7 million in cash and resulted in the issuance of 8,864,684 shares of PBF Energy Class A common stock.” 10-K for 2023
merger—$303.7 million
Torrance refinery
Word for word“He originally joined us in November 2015 in advance of the acquisition of the Torrance refinery and served as the Vice President and Refinery Manager of the Torrance refinery from its acquisition on July 1, 2016 until January 31, 2022.” 10-K for 2023
acquisitionJuly 1, 2016—
PBFX publicly held common units (Merger Transaction)
Word for word“Such Merger Agreement consideration totaled $303.7 million in cash and resulted in the issuance of 8,864,684 shares of PBF Energy Class A common stock.” 10-K for 2024
agreed acquisition—$303.7 million in cash and resulted in the issuance of 8,864,684 shares of PBF Energy Class A common stock
a separate parcel of real property acquired as part of the Torrance refinery
Word for word“During the year ended December 31, 2023, we closed on a third-party sale of a parcel of real property acquired as part of the Torrance refinery, but not part of the refinery itself.” 10-K for 2024
divestitureDuring the year ended December 31, 2023—
terminal assets (through a subsidiary of PBFX)
Word for word“Gain on sale of terminal assets - During the year ended December 31, 2025, we recorded a gain on the sale of our terminal assets, through a subsidiary of PBFX, which increased income from operations and net income by $94.0 million and $69.6 million, respectively.” 10-K for 2025
divestitureDuring the year ended December 31, 2025$94.0 million

Deal filings since 2016

Read from PBF Energy’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.