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

Earnings data Q2 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

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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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Delek US Holdings (DK) Right Now?

Delek US Holdings, Inc. (NYSE:DK ) Q3 2022 Earnings Conference Call November 7, 2022 10:30 AM ET Company Participants Blake Fernandez - SVP, IR & Market Intelligence Avigal Soreq - President, CEO & Director Reuven Spiegel - EVP & CFO Todd O'Malley - EVP & COO Conference Call Participants Roger Read - Wells Fargo Securities Matthew Blair - Tudor, Pickering, Holt & Co. Ryan Todd - Piper Sandler & Co. Carly Davenport - Goldman Sachs Kalei Akamine - Bank of America Merrill Lynch Daniel Kutz - Morgan Stanley John Royall - JPMorgan Chase & Co. Jason Gabelman - Cowen and Company Paul Cheng - Scotiabank Operator Good morning, and welcome to the Delek US Third Quarter 2022 Earnings Conference Call. [Operator Instructions].

Delek US Holdings, Inc. (DK) Q3 2022 Earnings Call Transcript

Delek US Holdings (DK) delivered earnings and revenue surprises of -93.55% and 30.80%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Delek US Holdings (DK) Q3 Earnings Lag Estimates

Delek Logistics Partners

Reported third quarter net income of $7.4 million or $0.10 per share Adjusted EBITDA of $135.8 million despite unfavorable inventory headwinds of $225.1 million Second consecutive quarter of strong operational performance with record 99% crude utilization 4Q22 capital allocation guidance: buybacks $75 to $100 million, debt reduction $100 to $150 million, $0.01/sh dividend hike Progressing sum of parts valuation unlock; Hired head of Corporate Development and formally retained bankers Evaluating opportunities to reduce cost structure and improve efficiency of the portfolio BRENTWOOD, Tenn. , Nov. 7, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US", "Company") today announced financial results for its third quarter ended September 30, 2022, with net income of $7.4 million, or $0.10 per share, versus net income of $11.8 million, or $0.16 per share, for the quarter ended September 30, 2021.

Delek US Holdings Reports Third Quarter 2022 Results

Reported third quarter net income attributable to all partners of $44.7 million Record EBITDA of $89.0 million including approximately $4.2 million of adverse acquisition related expenses Third quarter adjusted distributable cash flow coverage ratio of 1.62x; Total leverage ratio is 4.35x Achieved target to double Delek Permian Gathering volumes from 4Q21 to 3Q22 exit rate Amended credit agreement increases liquidity and improves debt maturity profile Delivered 39 consecutive quarters of distribution growth with recent increase to $0.99/unit; reflects 4.2% increase y/y BRENTWOOD, Tenn. , Nov. 7, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the third quarter 2022, with reported net income attributable to all partners of $44.7 million, or $1.03 per diluted common limited partner unit.

Delek Logistics Partners, LP Reports Third Quarter 2022 Results

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BRENTWOOD, Tenn. , Nov. 1, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) (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 $0.21 per share that will be paid on December 2, 2022 to shareholders of record on November 18, 2022.

Delek US Holdings Increases Regular Quarterly Dividend by $0.01 to $0.21 per share

Is Delek US Holdings (DK) Stock Undervalued Right Now?

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BRENTWOOD, Tenn. , Oct. 25, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the third quarter 2022 of $0.99 per common limited partner unit, or $3.96 per common limited partner unit on an annualized basis.

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.99 per Common Limited Partner Unit

Does Delek US Holdings (DK) have what it takes to be a top stock pick for momentum investors? Let's find out.

Delek US Holdings (DK) is a Great Momentum Stock: Should You Buy?

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Delek US Holdings (DK) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Why Fast-paced Mover Delek US Holdings (DK) Is a Great Choice for Value Investors

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While Delek US Holdings (DK) has a great portfolio and a strong business model, the current prospects aren't that great.

Delek US Holdings (DK) Sees Growth Ahead Despite Challenges

BRENTWOOD, Tenn. , Sept. 28, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US" or the "Company"") today announced that the Company intends to issue a press release summarizing third quarter 2022 results before the U.S. stock market opens on Monday,  November 7th, 2022.

Delek US Holdings to Host Third Quarter 2022 Conference Call on November 7th

BRENTWOOD, Tenn. , Sept. 28, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics" or the "Partnership") today announced that the Partnership intends to issue a press release summarizing third quarter 2022 results before the U.S. stock market opens on Monday, November 7th, 2022.

Delek Logistics Partners, LP to Host Third Quarter 2022 Conference Call on November 7th

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Delek US Holdings (DK) is a Top-Ranked Value Stock: Should You Buy?

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Here are five stocks, STLA, SUZ, BIDU, TME and DK, which qualify our value-based screening criteria.

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Delek US Holdings (DK) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Fast-paced Momentum Stock Delek US Holdings (DK) Is Still Trading at a Bargain

BRENTWOOD, Tenn. , Sept. 6, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE:DK) ("Delek US" or the "Company") today announced that Mark Hobbs will join Delek in the upcoming weeks to fill the role of Executive Vice President, Corporate Development.

Delek US Holdings Expands Its Leadership Team; Adding Mark Hobbs as EVP, Corporate Development

Delek US Holdings (DK) hopes to start its share repurchase program by buying stock worth $25-$35 million during the July-September period.

Delek (DK) Stock Barely Moves Since Q2 Earnings Announcement

BRENTWOOD, Tenn. , Sept. 1, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) today announced that 2021 Schedule K-3 tax packages are now available on its website, www.deleklogistics.com.

Delek Logistics Partners, LP 2021 K-3 Tax Packages Available on Website

Delek US Holdings (DK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for Delek US Holdings (DK): Time to Buy?

Delek US Holdings (DK) is well positioned to outperform the market, as it exhibits above-average growth in financials.

News for Delek US Hlds Stock (DK)