PBF Energy 2012 Annual Report Download - page 143

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PBF ENERGY INC. AND SUBSIDIARIES
QUARTERLY FINANCIAL DATA
(Unaudited)
The following table summarizes quarterly financial data for the years ended December 31, 2012 and 2011
(in thousands, except per share amounts).
2012 Quarter Ended
March 31 June 30 September 30 December 31 (a)
Revenues ........................ $4,716,106 $5,077,015 $5,395,206 $4,950,360
Income (loss) from operations ........ (164,083) 579,506 220,109 284,901
Net income (loss) .................. (202,532) 555,742 186,564 264,263
Net income attributable to PBF Energy
Inc. ........................... 1,956
Earnings per common share -assuming
dilution ........................ $ .08
2011 Quarter Ended
March 31 (b) June 30 September 30 December 31 (c)
Revenues ........................ $1,912,456 $3,526,681 $4,744,760 $4,776,441
Income (loss) from operations ........ (38,605) 177,885 331,979 (165,569)
Net income (loss) .................. (47,821) 168,575 306,397 (184,480)
(a) On December 12, 2012, PBF Energy Inc. completed an initial public offering which closed on December 18,
2012.
(b) The Company acquired the Toledo refinery on March 1, 2011 from Sunoco.
(c) In October 2011 the Delaware City refinery became fully operational.
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