PBF Energy 3Q 2026: Revenue $12.13B, Net income $1.53B, EPS $12.54— 10-Q Summary
PBF Energy reported 3Q 2026 revenue of $12.13B, up 58.6% YoY, and net income of $1.53B, compared to $170.1M a year earlier. EPS was $12.54, up 764.8%. Higher commodity prices and sales volumes drove refining performance. Throughput increased 6% to 923,800 barrels per day, with gross refining margin rising to $34.56 per barrel. PBF revised 2026 capital guidance to $825M–$875M, excluding rebuild and hydrogen-plant costs.
How this was made
The 30-second read
Why it matters
The earnings beat suggests short‑term upside for the stock, but cost pressures and upcoming capital expenditures could moderate longer‑term gains.
Market read
The earnings surprise is likely to move PBF stock and may lift peer refiners.
What to watch
Capital guidance reduction and delayed turnarounds at other refineries may limit sustained upside.
Background
PBF Energy is a U.S. independent refiner that filed its Q3 2026 10‑Q, showing a sharp earnings rebound.
Ticker impact
PBF Energy reported Q3 2026 results with revenue up 58.6% YoY and EPS of $12.54, a material earnings surprise.
likely upward pressure as market prices in the earnings beat and higher refining margins
Revenue and net income surged dramatically, and gross refining margin rose to $34.56 per barrel, indicating improved profitability.
Market effects
Refining sector may see broader rally on higher commodity prices and improved margins.
U.S. energy stocks could benefit from the earnings beat.
Limited to energy markets; no direct global macro impact.
Counterpoint
Higher freight and feedstock costs could compress future margins despite current beat.
Key entities
- companyPBF Energy
U.S. listed independent refining company (ticker PBF).
