Strategic Geographic Footprint: PBF's refineries are strategically located across key demand centers including the East Coast, Gulf Coast, and Mid-Continent, providing access to diverse crude sources and major product markets.

Refining Complexity & Flexibility: The company operates a diverse portfolio of complex refineries, enabling the processing of a wide range of crude oils and the production of higher-value refined products, optimizing margins.

Integrated Logistics Advantage: PBF benefits from significant logistics infrastructure, including pipelines and terminals, often through its sponsored MLP, PBFX, which enhances crude optionality and reduces transportation costs.