Delek US Holdings (DK) Company Overview

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE:DK) (“Delek”) today announced that the Company intends to issue a press release summarizing fourth-quarter 2024 results before the U.S. stock market opens on Tuesday, February 25, 2025. A conference call to discuss these results is scheduled to begin at 10:00 a.m. CT on Tuesday, February 25, 2025. Interested parties may listen to the conference call by visiting Delek's website at www.DelekUS.com and clicking on Events & Presen.

Heartland Advisors, an investment management firm, published its fourth quarter 2024 investor letter for the "Heartland Value Fund." You can download the letter here. In the fourth quarter, the fund increased by 1.97%, while the Russell 2000 Value Index dropped by 1.06%, showing that the fund performed better than the benchmark over the last 1, 3, and other periods.

DK capitalizes on logistics growth and deconsolidation but faces risks from volatile refining margins, high debt and limited growth in refining operations.

Delek US Holdings endured negative operating cash flow during Q2 and Q3 2024 due to weakening refining margins. Despite this cash burn and the potential for a downturn during 2025, it seems their dividends are safe for now. Management made sustaining their dividends their "first" priority, which is supported by their ample liquidity and no short-term debt maturities.

DK expects a total crude throughput of 255,000-269,000 barrels per day and a total throughput of 265,000-276,000 barrels per day in the fourth quarter.

Delek US Holdings (DK) came out with a quarterly loss of $1.45 per share versus the Zacks Consensus Estimate of a loss of $1.71. This compares to earnings of $2.02 per share a year ago.

Delek US Holdings (DK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) today announced that the Company intends to issue a press release summarizing third quarter 2024 results before the U.S. stock market opens on Wednesday, November 6, 2024. A conference call to discuss these results is scheduled to begin at 9:00 a.m. CT (10:00 a.m. ET) on Wednesday, November 6, 2024. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the.

DK's subsidiary Delek Logistics acquires H2O Midstream for $230 million, expanding its water management services in the Permian Basin.