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 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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Delek US (DK) plans to spend $350 million on capital expenditures for 2023, including $202 million for Refining, $81 million for Logistics, $31 million for Retail and $36 million for Corporate/Other.

Delek US (DK) Q2 Earnings and Revenues Surpass Estimates

Delek US Holdings, Inc. (NYSE:DK ) Q2 2023 Earnings Conference Call August 7, 2023 11:00 AM ET Company Participants Rosy Zuklic - VP, IR Avigal Soreq - President and CEO Joseph Israel - EVP, Operations Mark Hobbs - EVP, Corporate Development Reuven Spiegel - EVP and CFO Conference Call Participants Manav Gupta - UBS Matthew Blair - Tudor, Pickering, Holt Nicolette Slusser - Goldman Sachs Doug Leggate - Bank of America Ryan Todd - Piper Sandler Roger Read - Wells Fargo Paul Cheng - Scotiabank Jason Gabelman - Cowen Operator Good morning and welcome to the Delek US Holdings Second Quarter earnings Conference Call. All participants will be in listen-only mode.

Delek US Holdings, Inc. (DK) Q2 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Delek US Holdings (DK) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Delek US Holdings (DK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Delek US Holdings (DK) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $4.40 per share a year ago.

Delek US Holdings (DK) Q2 Earnings and Revenues Surpass Estimates

Net loss of $8.3 million or $0.13 per share Adjusted net income of $65.2 million or $1.00 per share Adjusted EBITDA of $259.4 million Paid $15.0 million in dividends during the quarter Repurchased $40 million of shares during the quarter; $25 million subsequent to quarter end Increased quarterly dividend to $0.235 per share in August BRENTWOOD, Tenn. , Aug. 7, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US", "Company") today announced financial results for its second quarter ended June 30, 2023.

Delek US Holdings Reports Second Quarter 2023 Results and Raises Quarterly Dividend

BRENTWOOD, Tenn. , July 26, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the second quarter 2023 of $1.035 per common limited partner unit, or $4.14 per common limited partner unit on an annualized basis.

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.035 per Common Limited Partner Unit

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BRENTWOOD, Tenn. , July 11, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that the Company intends to issue a press release summarizing second quarter 2023 results before the U.S. stock market opens on Monday, August 7, 2023.

Delek US Holdings to Host Second Quarter 2023 Conference Call on August 7th

BRENTWOOD, Tenn. , July 11, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing second quarter 2023 results before the U.S. stock market opens on Monday, August 7, 2023.

Delek Logistics Partners, LP to Host Second Quarter 2023 Conference Call on August 7th

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

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Delek US (DK) projects $350 million in capital expenditures for the full-year 2023. It expects to spend $202 million on Refining, $81 million on Logistics, $31 million on Retail and $36 million on Corporate/Other.

Delek US (DK) Q1 Earnings & Revenues Outpace Estimates

Delek US Holdings, Inc. (NYSE:DK ) Q1 2023 Earnings Conference Call May 8, 2023 11:00 AM ET Company Participants Rosy Zuklic - Vice President of Investor Relations Avigal Soreq - President and Chief Executive Officer Joseph Israel - Executive Vice President, Operations Mark Hobbs - Executive Vice President, Corporate Development Reuven Spiegel - Executive Vice President and Chief Financial Officer Conference Call Participants Neil Mehta - Goldman Sachs Manav Gupta - UBS John Royall - J.P. Morgan Doug Leggate - Bank of America Matthew Blair - Tudor, Pickering, Holt Paul Cheng - Scotiabank Jason Gabelman - Cowen Operator Good morning, and welcome to the Delek US Holdings 2023 First Quarter Conference Call.

Delek US Holdings, Inc. (DK) Q1 2023 Earnings Call Transcript

The headline numbers for Delek US Holdings (DK) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Delek US Holdings (DK) Q1 Earnings: A Look at Key Metrics

Delek US Holdings (DK) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $0.58 per share a year ago.

Delek US Holdings (DK) Q1 Earnings and Revenues Top Estimates

Net income of $64.3 million or $0.95 per share Adjusted net income of $92.7 million or $1.37 per share Adjusted EBITDA of $284.6 million, compared with $83.6 million from last year Generated $395.1 million of cash from operations Repaid $281.0 million of consolidated debt, $327.4 million of Delek US Holdings debt Repurchased approximately $40.0 million of shares subsequent to quarter end; Increased the quarterly regular dividend by 4.5 percent in May 2023 BRENTWOOD, Tenn. , May 8, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US", "Company") today announced financial results for its first quarter ended March 31, 2023.

Delek US Holdings Reports First Quarter 2023 Results

BRENTWOOD, Tenn., May 2, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (the "Company" or "Delek US") announced that its Board of Directors has approved a $0.01 per share increase in the regular dividend bringing the quarterly dividend to $0.23 per share that will be paid on May 22, 2023, to shareholders of record on May 15, 2023.

Delek US Holdings Increases Regular Quarterly Dividend by $0.01 to $0.23 per share

BRENTWOOD, Tenn. , April 28, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the first quarter 2023 of $1.025 per common limited partner unit, or $4.10 per common limited partner unit on an annualized basis.

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.025 per Common Limited Partner Unit

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BRENTWOOD, Tenn. , April 6, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that the Company intends to issue a press release summarizing first quarter 2023 results before the U.S. stock market opens on Monday, May 8, 2023.

Delek US Holdings to Host First Quarter 2023 Conference Call on May 8th

BRENTWOOD, Tenn. , April 6, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing first quarter 2023 results before the U.S. stock market opens on Monday, May 8, 2023.

Delek Logistics Partners, LP to Host First Quarter 2023 Conference Call on May 8th

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