Carlos Slim Group Discloses Stake in PBF Energy

Ticker: PBF · Form: SC 13D · Filed: 2024-10-03T00:00:00.000Z

Sentiment: neutral

Topics: 13d-filing, stakeholder-disclosure, energy-sector

Related Tickers: PBF

TL;DR

**Slim Family Buys Into PBF Energy!**

AI Summary

Carlos Slim Domit, along with other members of the Slim family and related entities, has filed a Schedule 13D on October 3, 2024, indicating a significant stake in PBF Energy Inc. The filing details their beneficial ownership of PBF Energy's Class A Common Stock, though specific dollar amounts or exact percentages are not immediately detailed in this excerpt. This filing signifies a notable interest from a prominent business family in the energy sector.

Why It Matters

This filing signals a significant investment by the influential Slim family into PBF Energy, potentially impacting the company's strategic direction and market perception.

Risk Assessment

Risk Level: medium — The filing indicates a substantial stake by a well-known investor group, which could lead to increased scrutiny and potential strategic shifts for PBF Energy.

Key Players & Entities

FAQ

Who are the group members filing this Schedule 13D?

The group members include Carlos Slim Domit, Control Empresarial De Capitales, S.A. De C.V., Johanna Monique Slim Domit, Marco Antonio Slim Domit, Maria Soumaya Slim Domit, Patrick Slim Domit, and Vanessa Paola Slim Domit.

What company is the subject of this filing?

The subject company is PBF Energy Inc.

What is the title of the class of securities being reported?

The title of the class of securities is Class A Common Stock, $0.001 par value per share.

When was this Schedule 13D filed?

This Schedule 13D was filed as of date October 3, 2024.

Who is listed as the person authorized to receive notices and communications?

Paseo De Las Palmas 781, Piso 3, Lomas De Chapultepec, Ciudad De Mexico, Mexico 11000, with a phone number of (52) 55 5625 4961.

From the Filing

0001140361-24-042733.txt : 20241003 0001140361-24-042733.hdr.sgml : 20241003 20241003160513 ACCESSION NUMBER: 0001140361-24-042733 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20241003 DATE AS OF CHANGE: 20241003 GROUP MEMBERS: CARLOS SLIM DOMIT GROUP MEMBERS: CONTROL EMPRESARIAL DE CAPITALES, S.A. DE C.V. GROUP MEMBERS: JOHANNA MONIQUE SLIM DOMIT GROUP MEMBERS: MARCO ANTONIO SLIM DOMIT GROUP MEMBERS: MARIA SOUMAYA SLIM DOMIT GROUP MEMBERS: PATRICK SLIM DOMIT GROUP MEMBERS: VANESSA PAOLA SLIM DOMIT SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PBF Energy Inc. CENTRAL INDEX KEY: 0001534504 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-87137 FILM NUMBER: 241351423 BUSINESS ADDRESS: STREET 1: 1 SYLVAN WAY CITY: PARSIPPANY STATE: NJ ZIP: 07054 BUSINESS PHONE: 973-455-7500 MAIL ADDRESS: STREET 1: 1 SYLVAN WAY CITY: PARSIPPANY STATE: NJ ZIP: 07054 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HELU CARLOS SLIM CENTRAL INDEX KEY: 0001080910 ORGANIZATION NAME: FILING VALUES: FORM TYPE: SC 13D MAIL ADDRESS: STREET 1: PASEO DE LAS PALMAS 736 CITY: MEXICO CITY STATE: O5 ZIP: 11000 SC 13D 1 ef20036684_sc13d.htm SC 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934* PBF Energy Inc. (Name of Issuer) Class A Common Stock, $0.001 par value per share (Title of Class of Securities) 69318G106 (CUSIP Number) Paseo De Las Palmas 781, Piso 3  Lomas De Chapultepec  Ciudad De Mexico, Mexico 11000  (52) 55 5625 4961 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) With copies to: Jorge U. Juantorena, Esq. Kyle A. Harris, Esq. Cleary Gottlieb Steen & Hamilton LLP One Liberty Plaza New York, NY 10006 September 30, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☒ * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 69318G106 Schedule 13D Page 2 of 16 1 NAMES OF REPORTING PERSONS     Carlos Slim Helú         2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐     3 SEC USE ONLY             4 SOURCE OF FUNDS (SEE INSTRUCTIONS)     WC         5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)   ☐ Not applicable         6 CITIZENSHIP OR PLACE OF ORGANIZATION     United Mexican States         NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER     0         8 SHARED VOTING POWER     23,462,398 Class A Common Shares         9 SOLE DISPOSITIVE POWER     0         10 SHARED DISPOSITIVE POWER     23,462,398 Class A Common Shares         11 AGGREGATE AMOUNT BENEFIC

View on Read The Filing