SEC Form 10-Q filed by Delek US Holdings Inc.

144 - Delek US Holdings, Inc. (0001694426) (Subject)

144 - Delek US Holdings, Inc. (0001694426) (Subject)

10-Q - Delek US Holdings, Inc. (0001694426) (Filer)

Delek US reported third quarter net income of $178.0 million or $2.93 per share, adjusted net income of $434.2 million or $7.13 per share, adjusted EBITDA of $759.6 million Recognized a $280.8 million benefit related to the reduction in cost of materials and other as a result of being granted Small Refinery Exemptions ("SREs") by the U.S. Environmental Protection Agency ("EPA") for past Renewable Volume Obligation ("RVO") compliance periods Adjusted EBITDA and adjusted net income also include the impact of 50% reduction in RVO for the first nine months, to include any potential 2025 SRE grants, of ~$160 million Excluding the above mentioned SRE items, adjusted EBITDA was $318.6 milli

Delek US Holdings, Inc. (NYSE:DK) ("Delek") today announced that its Board of Directors has approved a quarterly dividend of $0.255 per share, to be paid on November 17, 2025, to shareholders as of record on November 10, 2025. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, and renewable fuels. The refining assets consist primarily of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day. The logistics operations include Delek Logistics Partners, LP (NYSE:D

Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today declared its quarterly cash distribution for the third quarter 2025 of $1.120 per common limited partner unit, or $4.48 per common limited partner unit on an annualized basis. The third quarter 2025 cash distribution is payable on November 13, 2025, to unitholders of record on November 7, 2025. About Delek Logistics Partners, LP Delek Logistics is a midstream energy master limited partnership headquartered in Brentwood, Tennessee. Through its owned assets and joint ventures located primarily in and around the Permian Basin, the Delaware Basin and other select areas in the Gulf Coast region, Delek Logistics provides gather

4 - Delek US Holdings, Inc. (0001694426) (Issuer)

4 - Delek US Holdings, Inc. (0001694426) (Issuer)

4 - Delek US Holdings, Inc. (0001694426) (Issuer)

4 - Delek US Holdings, Inc. (0001694426) (Issuer)

4 - Delek US Holdings, Inc. (0001694426) (Issuer)

4 - Delek US Holdings, Inc. (0001694426) (Issuer)

TD Cowen reiterated coverage of Delek US Holdings with a rating of Hold and set a new price target of $36.00 from $28.00 previously

Wells Fargo initiated coverage of Delek US Holdings with a rating of Overweight and set a new price target of $43.00

Morgan Stanley upgraded Delek US Holdings from Underweight to Equal-Weight and set a new price target of $34.00

Delek US reported third quarter net income of $178.0 million or $2.93 per share, adjusted net income of $434.2 million or $7.13 per share, adjusted EBITDA of $759.6 million Recognized a $280.8 million benefit related to the reduction in cost of materials and other as a result of being granted Small Refinery Exemptions ("SREs") by the U.S. Environmental Protection Agency ("EPA") for past Renewable Volume Obligation ("RVO") compliance periods Adjusted EBITDA and adjusted net income also include the impact of 50% reduction in RVO for the first nine months, to include any potential 2025 SRE grants, of ~$160 million Excluding the above mentioned SRE items, adjusted EBITDA was $318.6 milli

Delek US Holdings, Inc. (NYSE:DK) ("Delek") today announced that its Board of Directors has approved a quarterly dividend of $0.255 per share, to be paid on November 17, 2025, to shareholders as of record on November 10, 2025. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, and renewable fuels. The refining assets consist primarily of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day. The logistics operations include Delek Logistics Partners, LP (NYSE:D

Delek US Holdings, Inc. (NYSE:DK) ("Delek US") today announced that the Company intends to issue a press release summarizing third quarter 2025 results before the U.S. stock market opens on Friday, November 7, 2025. A conference call to discuss these results is scheduled to begin at 9:30 a.m. CT (10:30 a.m. ET) on Friday, November 7, 2025. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refini

BRENTWOOD, Tenn., Jan. 18, 2024 /PRNewswire/ -- Delek US Holdings, Inc. (the "Company" or "Delek US") announced that its Board of Directors has appointed Christine Benson Schwartzstein to serve as an independent director effective immediately. Ms. Benson will stand for election at the Company's 2024 annual meeting of stockholders, on May 2, 2024. Following the appointment, the board of Delek US will comprise of 10 directors, 8 of which are independent.  "The board is pleased to welcome Ms. Benson. Her experience in risk management, capital markets, and green energies will provide us with instrumental insights," said Uzi Yemin, Executive Chairman of Delek US. "We are excited to have Ms. Benso

Joseph Israel appointed EVP, OperationsTommy Chavez named SVP, Refining Operations BRENTWOOD, Tenn., March 24, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE:DK) today announced changes to its senior leadership team: -  Joseph Israel named Executive Vice President, Operations for Delek US and Delek Logistics effective March 27, 2023.-  Tommy Chavez named Senior Vice President, Refining Operations effective April 10, 2023.-  Todd O'Malley, Executive Vice President and Chief Operating Officer, pursuing other opportunities.-  Nithia Thaver, Executive Vice President & President of Refining, pursuing other opportunities. Israel and Patrick Reilly, who was named Executive Vice President and Ch

BRENTWOOD, Tenn., March 2, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE:DK) ("Delek" or the "Company") today announced the appointment of Patrick Reilly as Executive Vice President and Chief Commercial Officer effective March 1, 2023. In his new role, Mr. Reilly will work closely with Delek's management team to lead the Company's strategies to achieve its short and long-term objectives. Reilly brings over 20-years of energy oil refining and trading experience, with deep sector knowledge and a proven track record of delivering transformative change management and margin g