SCHEDULE: Carlos Slim Group Discloses 14.3% Stake in PBF Energy

Carlos Slim Helu and associated entities have reported a beneficial ownership of 14.3% in PBF Energy Inc.'s Class A Common Stock, totaling 16,862,128 shares.

Summary

• Carlos Slim Helu, along with Carlos Slim Domit, Marco Antonio Slim Domit, Patrick Slim Domit, Maria Soumaya Slim Domit, Vanessa Paola Slim Domit, Johanna Monique Slim Domit, and Control Empresarial de Capitales, S.A. de C.V., have collectively disclosed beneficial ownership of 16,862,128 shares of PBF Energy Inc. Class A Common Stock.
• This holding represents 14.3% of the outstanding Class A Common Shares.
• The disclosure is based on PBF Energy's Form 10-Q filed on April 30, 2026, which reported approximately 118,308,459 Class A Common Shares outstanding as of April 24, 2026.
• The reporting persons are identified as Mexican citizens and a Mexican corporation, with Marco Antonio Slim Domit acting as Attorney-in-Fact for all signatories.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It's a standard disclosure of significant ownership and does not inherently signal positive or negative performance for PBF Energy, but rather a substantial investment by a known entity.

Positives

• Significant stake disclosed by a prominent investor group, potentially indicating confidence in PBF Energy's future prospects.
• The reporting persons collectively hold a substantial 14.3% ownership, which could lead to increased engagement or influence in the company's strategic direction.

Risks

• While not explicitly stated as a risk in this filing, a large concentrated ownership by a single group could potentially lead to conflicts of interest or influence over corporate decisions that may not align with all shareholders' interests.
• The filing does not provide details on the purpose of the acquisition or future intentions, leaving room for speculation regarding potential future actions by the reporting persons.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or specific guidance from PBF Energy Inc. regarding its future outlook. The future outlook for the reporting persons' investment is not detailed.

Management Comments

• Marco Antonio Slim Domit, acting as Attorney-in-Fact for all signatories, certified that the securities were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.

Industry Context

StockSavvy.ai notes that significant ownership disclosures by major investors are common in the energy sector, reflecting the capital-intensive nature and strategic importance of companies like PBF Energy. This filing indicates a substantial investment by a well-known international investment group.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by a prominent investor group may influence market perception and potentially lead to increased scrutiny or engagement from other investors.
• Management/Board of Directors: The substantial ownership may lead to increased attention from the reporting persons, potentially influencing board composition or strategic decisions.
• Creditors/Suppliers: No direct impact is indicated in this filing.

Next Steps

• The reporting persons are required to update this filing if there are any material changes to their beneficial ownership.
• PBF Energy Inc. will continue its operations as disclosed in its regular SEC filings.

Key Dates

Recommendation

This filing is a disclosure of ownership and does not provide operational or financial performance data for PBF Energy. While the significant stake by a known investor group is noteworthy, it does not offer sufficient information to warrant a buy or sell recommendation. A 'hold' recommendation is appropriate pending further operational and financial updates from the company.

Keywords

PBF Energy, Carlos Slim, Shareholder, Ownership, SEC Filing, Schedule 13G, Common Stock, Investment