SUBSEQUENT EVENTS |
9 Months Ended |
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Sep. 30, 2026 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | SUBSEQUENT EVENTS Dividend Declared On October 29, 2026, PBF Energy announced a dividend of $0.325 per share on outstanding PBF Energy Class A common stock. The dividend is payable on November 24, 2026 to PBF Energy Class A common stockholders of record at the close of business on November 12, 2026. Redemption of 2030 9.875% Senior Notes On October 26, 2026, PBF Holding redeemed all $800.0 million in aggregate principal amount of its outstanding 2030 9.875% Senior Notes at a redemption price equal to 106.67% of the aggregate principal amount thereof, plus accrued and unpaid interest up to, but excluding, the redemption date. The aggregate redemption price of the 2030 9.875% Senior Notes redeemed was approximately $853.4 million, plus accrued and unpaid interest, and was funded using cash on hand as of September 30, 2026. The difference between the carrying value of the 2030 9.875% Senior Notes on the day they were redeemed and the amount for which they were redeemed was $70.4 million and will be recorded as a Loss on extinguishment of debt in the Consolidated Statements of Operations in the fourth quarter of 2026.
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