Delek US Hlds

Delek US Holdings, Inc. engages in petroleum refining, and the transportation, storage, and wholesale distribution of crude oil. It operates through the following segments: Refining, Logistics, Retail, and Corporate and Other. The Refining segment processes crude oil and other purchased feedstocks for the manufacture of transportation motor fuels, including gasoline, diesel fuel and aviation fuel, asphalt, and other petroleum-based products. The Logistics segment gathers, transports, and stores crude oil and markets, distributes, transports, and stores refined products. The Retail segment markets gasoline, diesel and other refined petroleum products, and convenience merchandise through a network of company-operated retail fuel and convenience stores. The company was founded in 2001 and is headquartered in Brentwood, TN.

Earnings data Q1 2021

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Delek US reports robust 2022 earnings, explores biofuels and decarbonisation

Delek US delivered strong financial performance in 2022, prioritizing shareholder returns and cost competitiveness. Despite challenges with downtime and negative EBITDA in the corporate segment, strategic initiatives are in place to drive improvements. The company is actively pursuing opportunities in biofuels, decarbonisation, and low carbon fuels to enhance its competitive position.

Delek US Hlds (DK) reports record Q1 earnings and strategic growth plans

Delek US Hlds (DK) showcased robust financial performance in Q1, driven by record EBITDA and strong cash flow from operations
The company is focused on enhancing shareholder value, operational efficiency, and strategic acquisitions while maintaining a balanced approach to debt reduction and buybacks
Challenges include improving safety, optimizing the balance sheet, and providing clarity on RIN expenses, but opportunities exist in asset value addition and operational excellence
Overall, Delek US Hlds (DK) is on a positive trajectory with a clear focus on delivering value to shareholders and ensuring sustainable growth

Delek US reports solid Q2 earnings, eyes renewable energy opportunities

Delek US showcased strong financial performance in Q2 2023, with solid results across its refining, logistics, and retail segments.
While facing challenges in decision-making and operational transparency, the company is well-positioned to capitalize on opportunities in renewable energy and cost-saving initiatives.
Overall, Delek US remains committed to shareholder value, operational excellence, and strategic growth, underlining its resilience and focus on long-term sustainability.

Delek US Hlds (DK) achieves record Q3 performance and targets $100M EBITDA run rate

Delek US Hlds (DK) reported robust financial results in Q3, driven by strong refining and logistics performance. The company's strategic focus on cost efficiency, debt reduction, and operational improvements positions it well for future growth and value creation.

Delek US reports robust Q4 earnings, eyes energy transition opportunities

Delek U.S. delivered strong financial performance in Q4 2023, focusing on operational excellence, cost reduction, and shareholder returns. Strategic initiatives in energy transition and commitment to shareholder value highlight a forward-looking approach.

Delek U.S. reports improved Q1 earnings, navigates market challenges

Delek U.S. Q1 2024 earnings call highlighted improved financial performance, operational strengths, challenges in marketing segments, and opportunities for value enhancement. Company remains focused on safety, financial stability, and operational excellence.

Delek US reports mixed Q2 results, focuses on cost reduction

Delek US navigated a challenging quarter with mixed financial results but demonstrated operational strength and strategic focus.
Cost reduction efforts and strategic transactions provide opportunities for value creation and financial flexibility.
Despite challenges, Delek US's focus on safe operations and shareholder-friendly initiatives bode well for future growth.

Delek US reports $71M adjusted EBITDA in Q3 amidst refining challenges

Delek US navigated a challenging refining margin environment in Q3 2024, reporting adjusted EBITDA of $71 million. The company is strategically focused on operational efficiency, cost reduction, and enhancing shareholder value through dividends and buybacks. Progress has been made on strengthening core operations and improving margins.

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BRENTWOOD, Tenn., April 27, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that the Company intends to issue a press release summarizing first quarter 2021 results after the U.S. stock market closes on Tuesday, May 4, 2021.

Delek US Holdings to Host First Quarter 2021 Conference Call on May 5

BRENTWOOD, Tenn., April 26, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek") today announced that leading independent proxy advisory firms Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis") both recommend that Delek shareholders vote "FOR" ALL of the Company's highly qualified director nominees on the WHITE proxy card in connection with the Company's 2021 Annual Meeting of Stockholders, which is scheduled to take place on May 6, 2021.

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Delek Shareholders Vote "FOR" ALL of Delek's Highly Qualified Director Nominees on the WHITE Proxy Card

Delek US Holdings is locked in a battle with CVR Energy as CVR Energy encourages it to divest assets and buy back shares. Delek US Holdings argues this isn't in shareholders' long-term interests. We believe CVR Energy is in the wrong here.

CVR Energy Is In The Wrong With Battle Against Delek US Holdings

BRENTWOOD, Tenn., April 12, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek") today issued a statement in connection with the proxy contest launched by CVR Energy, Inc. ("CVR"), a company controlled by Carl Icahn that is a competitor to Delek.

Delek Issues Statement Regarding CVR Energy and Icahn Proxy Contest

Delek US Holdings (DK) reported earnings 30 days ago. What's next for the stock?

Why Is Delek US Holdings (DK) Down 16.1% Since Last Earnings Report?

BRENTWOOD, Tenn., March 25, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek") today filed its definitive proxy statement in connection with the Company's 2021 Annual Meeting of Stockholders, which is scheduled to take place on May 6, 2021, at 1:00 p.m.

Delek Files Definitive Proxy Statement and Mails Letter Recommending Shareholders Vote "FOR" All Director Nominees on the WHITE Proxy Card

Delek Logistics Partners

BRENTWOOD, Tenn., March 12, 2021 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) today announced that 2020 K-1 tax packages are now available on its website, www.deleklogistics.com.

Delek Logistics Partners, LP 2020 K-1 Tax Packages Available on Website

BRENTWOOD, Tenn., March 11, 2021 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) today announced that its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 was filed with the U.S. Securities and Exchange Commission on March 1, 2021 and can be viewed on the Partnership's website at www.deleklogistics.com.

Delek Logistics Partners, LP 2020 Form 10-K Available on Website

Delek US Holdings is an impressive diversified company worth paying close attention to as markets recover. The company's DKL assets still make up more than half of its enterprise value, and provide a strong base cash flow.

Delek US Holdings: As Oil Markets Recover, Look At This Diversified Company

BRENTWOOD, Tenn., March 1, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced the appointment of Todd O'Malley to EVP, Chief Commercial Officer effective March 1, 2021. "We are pleased to welcome Todd to the Delek family" said Uzi Yemin, Chairman,...

Delek US Holdings Names Todd O'Malley EVP and Chief Commercial Officer

BRENTWOOD, Tenn., March 1, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today issued the following statement regarding the Section 220 books and records request letter sent by CVR Energy, Inc. ("CVR"), a majority owned subsidiary of Icahn Enterprises L.P.: Delek...

Delek Comments on CVR Energy Letter

Delek's (DK) total operating expenses in the fourth quarter dip 1.58% from the prior-year period to $2,196.1 million.

Delek's (DK) Q4 Loss Wider Than Expected, Sales Beat Mark

Delek US Holdings, Inc. (DK) CEO Uzi Yemin on Q4 2020 Results - Earnings Call Transcript

Delek Logistics Partners, LP (DKL) CEO Uzi Yemin on Q4 2020 Results - Earnings Call Transcript

Delek US Holdings (DK) delivered earnings and revenue surprises of -22.28% and 32.12%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Delek US Holdings (DK) Reports Q4 Loss, Tops Revenue Estimates

BRENTWOOD, Tenn., Feb. 23, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced financial results for its fourth quarter ended December 31, 2020. Delek US reported a fourth quarter 2020 net loss of $(293.2) million, or $(3.98) per share, versus net income...

Delek US Holdings Reports Fourth Quarter 2020 Results

On Tuesday, February 23, Delek US Hldgs (NYSE:DK) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings Outlook For Delek US Hldgs

BRENTWOOD, Tenn., Jan. 20, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced the appointment of Laurie Z. Tolson to the Board of Directors effective January 20, 2021. "We are pleased to welcome Laurie to our board," said Uzi Yemin, Chairman, President...

Delek US Holdings Announces Addition to Board of Directors

BRENTWOOD, Tenn., Jan. 14, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US" or the "Company") today issued the following statement in response to the letter received from and disclosed by CVR Energy, Inc. ("CVR"), a majority owned subsidiary of Icahn Enterprises L.P.:...

Delek US Confirms Receipt of Letter from CVR Energy

BRENTWOOD, Tenn., Jan. 12, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that the Company intends to issue a press release summarizing fourth quarter 2020 results after the U.S. stock market closes on Tuesday, February 23, 2021. A conference call to...

Delek US Holdings to Host Fourth Quarter 2020 Conference Call on February 24

Delek US Holdings (DK) Up 27.6% Since Last Earnings Report: Can It Continue?

Delek Group Ltd. (DGRLY) CEO Idan Wallace on Q3 2020 Results - Earnings Call Transcript

TEL AVIV, Israel, Nov. 26, 2020 /PRNewswire/ -- Revenues and net profit tripled to NIS 1.7 billion and NIS 707 million, respectively, driven by strong performance of Delek Group's quality core assets. Ithaca's revenues in the quarter soared almost fourfold to USD 267 million and cash flow...

Delek Group published its Q3 2020 reports - 130% Surge in Net profit to NIS 149 Million

Delek's (DK) total operating expenses in the third quarter dip 4.8% from the prior-year period to $2,138.1 million.

Delek (DK) Stock Rises 19.6% Following Q3 Earnings Release

Delek US Holdings ended up completely suspending its dividends despite management initially remaining optimistic. This was not too surprising given the company's deeply negative operating cash flow that has suffered from this COVID-19 economic downturn.

News for Delek US Hlds Stock (DK)