PBF ENERGY INC. PBF Income Statement

Pbf energy inc. (PBF)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12
Income Statement [Abstract]
Revenues
24,508	27,186	21,786	15,920	13,123	19,828	19,151	20,138
Cost and expenses:
Cost of products and other
21,387	24,503	18,863	-	11,481	18,471	17,803	18,269
Operating expenses (excluding depreciation and amortization expense as reflected below)
1,782	1,721	1,684	1,422	904	883	812	738
Depreciation and amortization expense
425	359	278	216	187	-	-	-
Cost of sales
23,595	26,583	20,826	15,237	12,573	-	-	-
General and administrative expenses (excluding depreciation and amortization expense as reflected below)
284	277	214	166	181	146	95	120
Depreciation and amortization expense
10	10	13	5	9	180	111	92
Change in fair value of contingent consideration
-	-	-	-	-	-	-	2
Change in Contingent Consideration
0	0	0	-	-	-	-	-
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property
29	43	-1	-11	1	0	0	2
Total cost and expenses
23,859	26,828	21,055	15,420	12,763	19,680	18,823	19,218
Income (loss) from operations
649	358	731	499	360	147	328	920
Other income (expense):
Change in Tax Receivable Agreement liability
-	-	-	-	-18	-2	8	-
Other Income and Expenses [Abstract]
Change in fair value of catalyst obligations
9	-5	2	-1	-10	-3	-4	3
Debt extinguishment costs
0	0	-25	0	0	-	-	-
Interest expense, net
159	169	154	150	106	98	93	108
Other non-service components of net periodic benefit cost
-0	1	-1	-0	-	-	-	-
Income (loss) before income taxes
479	208	799	363	282	55	230	805
Income tax (benefit) expense
104	33	315	137	86	-22	16	1
Net income (loss)
375	175	483	225	195	78	214	804
Less: net income attributable to noncontrolling interests
-	-	-	-	49	116	174	802
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest
55	47	67	54	-	-	-	-
Net income (loss) attributable to PBF Energy Inc. stockholders
319	128	415	170	146	-38	39	1
Weighted-average shares of Class A common stock outstanding
Basic (in shares)
-	-	-	-	88	74	32	23
Diluted (in shares)
-	-	-	-	94	74	33	97
Net income (loss) available to Class A common stock per share:
Basic (in dollars per share)
-	-	-	-	1.66	-0.51	1.22	0.08
Diluted (in dollars per share)
-	-	-	-	1.65	-0.51	1.20	0.08
Dividends per common share (in dollars per share)
-	-	-	-	1.20	1.20	1.20	0.00
PBF LLC [Member]
Revenues
24,508	27,186	21,786	15,920	-	-	-	-
Cost of products and other
21,387	24,503	18,863	13,598	-	-	-	-
Operating Expenses
1,782	1,721	1,684	1,422	-	-	-	-
Depreciation and amortization expense
425	359	278	216	-	-	-	-
Cost of sales
23,595	26,583	20,826	15,237	-	-	-	-
General and administrative expenses (excluding depreciation and amortization expense as reflected below)
282	275	214	166	-	-	-	-
Depreciation and amortization expense
10	10	13	5	-	-	-	-
Change in Contingent Consideration
0	0	0	-	-	-	-	-
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property
29	43	-1	-11	-	-	-	-
Total cost and expenses
23,857	26,826	21,054	15,420	-	-	-	-
Income (loss) from operations
650	359	731	499	-	-	-	-
Change in fair value of catalyst obligations
9	-5	2	-1	-	-	-	-
Debt extinguishment costs
0	0	-25	0	-	-	-	-
Interest expense, net
169	178	162	155	-	-	-	-
Other non-service components of net periodic benefit cost
-0	1	-1	-0	-	-	-	-
Income (loss) before income taxes
471	188	540	344	-	-	-	-
Income tax (benefit) expense
-8	8	-10	23	-	-	-	-
Net income (loss)
480	180	551	320	-	-	-	-
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest
51	42	51	40	-	-	-	-
Net income (loss) attributable to PBF Energy Inc. stockholders
428	137	500	280	-	-	-	-
Noncontrolling Interest [Member]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
55	47	67	54	-	-	-	-