PBF Energy Inc. [PBF] reports annual net loss of $2.2 billion
Company Reports Revenue of $38.3 billion
PBF Energy Inc. [PBF] has reported a net loss of $2.2 billion for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $38.3 billion
Based in PARSIPPANY, New Jersey, PBF Energy Inc. operates in the MANUFACTURING sector.
In the 12 months ended December 31, 2023, PBF Energy Inc. reported total revenues of $38.3 billion, compared to $46.8 billion in the same period of the previous year and $27.3 billion in the year before that.
The cost of products and other operating expenses for the year 2023 amounted to $35.9 billion, with a breakdown of $32.7 billion for cost of products and $2.7 billion for operating expenses. This shows a decrease from $42.2 billion in 2022 and $26.4 billion in 2021.