Carlos Slim Group Amends PBF Energy Stake

TL;DR

Slim's group updated their PBF Energy filing - watch for ownership changes.

AI Summary

Carlos Slim Domit and related entities, including Control Empresarial De Capitales, S.A. De C.V., have filed an amendment (No. 2) to their Schedule 13D concerning PBF Energy Inc. The filing, dated November 5, 2024, indicates a change in their beneficial ownership of PBF Energy's Class A Common Stock. Specific details regarding the exact percentage or number of shares changed are not immediately available in this excerpt.

Why It Matters

This filing signals a potential shift in significant ownership for PBF Energy, which could influence the company's stock performance and strategic direction.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership by significant shareholders like Carlos Slim can lead to increased stock volatility and potential strategic shifts within the company.

Key Numbers

• 2 — Amendment Number (Indicates this is the second amendment to the original filing.)
• 20241105 — Filing Date (The date the amendment was filed with the SEC.)

Key Players & Entities

• PBF Energy Inc. (company) — Subject Company
• Carlos Slim Domit (person) — Filing Group Member
• Control Empresarial De Capitales, S.A. De C.V. (company) — Filing Group Member
• Helu Carlos Slim (person) — Filing Party
• Jorge U. Juantorena, Esq. (person) — Legal Counsel
• Kyle A. Harris, Esq. (person) — Legal Counsel

FAQ

From the Filing

0001140361-24-045311.txt : 20241105 0001140361-24-045311.hdr.sgml : 20241105 20241105200026 ACCESSION NUMBER: 0001140361-24-045311 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20241105 DATE AS OF CHANGE: 20241105 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/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87137 FILM NUMBER: 241428927 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/A MAIL ADDRESS: STREET 1: PASEO DE LAS PALMAS 736 CITY: MEXICO CITY STATE: O5 ZIP: 11000 SC 13D/A 1 ef20038172_sc13da.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934* (Amendment No. 2)* 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 November 1, 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 12 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     26,197,498 Class A Common Shares         9 SOLE DISPOSITIVE POWER     0         10 SHARED DISPOSITIVE POWER     26,197,498 Class A Common Shares       &#160