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Stock impact report

PBF Energy Announces Closing of Terminal Assets Sale [Yahoo! Finance]

PBF Energy Inc. Class A (PBF) 
Last pbf energy inc. class a earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.pbfenergy.com
Company Research Source: Yahoo! Finance
previously agreed on April 30, 2025, and announced on May 1, 2025. PBF Energy, through a subsidiary of PBF Logistics LP, has sold two refined product terminal facilities located in Philadelphia, PA and Knoxville, TN for $175 million in cash. The combined assets include 38 storage tanks with approximately 1.9 million barrels of storage capacity, and associated truck racks. The transaction closed on September 30, 2025. PBF Energy (PRNewsfoto/PBF Energy Inc.) Karen Davis, PBF Energy's CFO, said, "We are pleased to have monetized these non-core assets and, in conjunction, increased liquidity for PBF. As stewards of the company's capital, we continuously review our portfolio for opportunities to maximize value for investors." Barclays served as the exclusive financial advisor to PBF. Forward-Looking Statements Statements in this press release relating to future plans, results, performance, expectations, achievements, and the like are considered "forward-looking statements" within t Show less Read more
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