"Looking ahead, we will continue to execute on our priorities of running safe and reliable operations, making further progress on midstream deconsolidation, improving cash flow generation by at least $120 million, and delivering shareholder value while maintaining our financial strength and flexibility," Soreq concluded. Delek US Results | | | | Three Months Ended March 31, | | | --- | --- | --- | --- | --- | | ($ in millions, except per share data) | 2025 | | | 2024 | | Net loss attributable to Delek US | ...

Company Overview - Delek US Holdings (DK) is expected to report a year-over-year decline in earnings due to lower revenues, with a projected quarterly loss of $1.75 per share, reflecting a change of -326.8% [3][12] - Revenues are anticipated to be $2.43 billion, down 24.6% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for May 7, 2025, and could influence stock movement based on whether actual results exceed or fall short of expectations [2] - The consensus EPS estimate has been revised 3.55% higher in the last 30 days, indicating a reassessment by analysts [4] Earnings Surprise Prediction - The Zacks Earnings ESP for Delek US Holdings is +18.05%, suggesting a likelihood of beating the consensus EPS estimate [11] - The company has a Zacks Rank of 3, indicating a hold position, which combined with the positive Earnings ESP suggests a potential earnings beat [11] Historical Performance - In the last reported quarter, Delek US Holdings was expected to post a loss of $2.89 per share but actually reported a loss of $2.54, resulting in a surprise of +12.11% [12] - The company has successfully beaten consensus EPS estimates in the last four quarters [13] Industry Context - Marathon Petroleum (MPC), a peer in the oil and gas refining and marketing industry, is expected to report earnings per share of $0.63 for the same quarter, reflecting a year-over-year change of -122.7% [17] - Marathon Petroleum's revenues are projected to be $30.09 billion, down 9.4% from the previous year [17]

Delek US Holdings, Inc. (DK) is a key player in the U.S. downstream energy sector, operating in refining and logistics. The company refines crude oil into essential fuels like petrol, diesel and aviation fuel while also managing the transportation and storage of these products. With strategically located refineries and a strong logistics network, DK plays an important role in keeping fuel supplies steady. However, like most energy stocks, DK has experienced volatility due to fluctuating refining margins, cr ...

A month has gone by since the last earnings report for Delek US Holdings (DK) . Shares have added about 6.1% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Delek US Holdings due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It ...

Delek US Holdings, Inc. (DK) reported a fourth-quarter 2024 adjusted net loss of $2.45 per share, narrower than the Zacks Consensus Estimate of a loss of $2.89, owing to lower year-over-year operating costs. The figure was wider than the year-ago quarter’s loss of $1.46 per share. The loss was due to the Refining segment's weak year-on-year contributions.Net revenues decreased 39.8% year over year to $2.4 billion.  The figure also missed the Zacks Consensus Estimate by $176 million.Find the latest EPS estim ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 18 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38142 DELEK US HOLDINGS, INC. (Exact name of registrant as specified in its charter) | Delaware | | 35-2581557 | | --- | --- | --- | ...

For the quarter ended December 2024, Delek US Holdings (DK) reported revenue of $2.37 billion, down 41.4% over the same period last year. EPS came in at -$2.54, compared to -$1.46 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.55 billion, representing a surprise of -6.92%. The company delivered an EPS surprise of +12.11%, with the consensus EPS estimate being -$2.89.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Exhibit 99.2 Fourth Quarter 2024 Earnings Conference Call February 25, 2025 2 Big Spring Refinery, Big Spring, TX El Dorado Refinery, El Dorado AR Overview • EOP & SOTP efforts • Operations: Another Safe and Reliable Quarter ◦ Successfully completed KSR Turnaround in 4Q'24 ◦ Further progress towards Midstream deconsolidation ◦ Working on additional deconsolidation options ◦ Original cost reductions (ZBB) exceeding $100mm target ◦ On track to achieve upper-end of $80 - $120mm cash flow improvement through en ...

Financial Data and Key Metrics Changes - Delek Logistics reported approximately $107 million in quarterly adjusted EBITDA, an increase from $100.9 million in the same period of 2023, representing a growth of about 1.3% [6][16] - Distributable cash flow as adjusted was $69.5 million, with a DCF coverage ratio of approximately 1.2 times, expected to return to a long-term objective of 1.3 times in the second half of 2025 [16][11] - The company initiated a strong 2025 EBITDA guidance of $480 to $520 million, indicating around 20% growth over 2024 adjusted EBITDA [11][12] Business Line Data and Key Metrics Changes - In the gathering and processing segment, adjusted EBITDA for the quarter was $66 million, up from $53.3 million in Q4 2023, driven by higher throughput from Permian Basin assets [17] - Wholesale marketing and terminalling adjusted EBITDA decreased to $21.2 million from $28.4 million in the prior year, primarily due to lower wholesale margins [18] - Storage and transportation adjusted EBITDA increased slightly to $17.8 million compared to $17.5 million in Q4 2023, attributed to higher storage and transportation rates [18] - Investments in pipeline joint ventures contributed $11.3 million this quarter, up from $8.5 million in Q4 2023, mainly due to contributions from the Wink to Webster drop down [19] Market Data and Key Metrics Changes - The company emphasized its strong position in the Permian Basin and highlighted the successful acquisitions in the Midland Basin, which enhance its competitive position [9][10] - The expansion of the processing plant in the Delaware Basin is on track to complete in the first half of 2025, which is expected to further strengthen market presence [10] Company Strategy and Development Direction - Delek US Holdings is focused on becoming a premier full-service crude, natural gas, and water provider in the Permian Basin, with plans for continued growth in 2025 [7] - The company is enhancing its economic separation from Delek US Holdings, with a $150 million buyback program authorized to enhance value for unit holders [12][13] - The board approved the 48th consecutive increase in the quarterly distribution to $1.10 per unit, reflecting a commitment to value creation [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the guidance provided, highlighting the company's growth trajectory and the importance of economic separation from its sponsor [27][32] - The management noted strong demand in the Delaware area and the comprehensive offering of crude, gas, and water as key factors driving future growth [44] Other Important Information - The capital program for Q4 was $49.4 million, with $42.1 million allocated to the new gas processing plant and the remainder for growth projects [20] - For 2025, the company expects to spend approximately $75 million on completing the Lindy processing plant expansion and about $160 million on growth and maintenance projects [20] Q&A Session Summary Question: EBITDA guidance and high-end drivers - Management acknowledged the conservative guidance and discussed the potential drivers for the high end of the EBITDA range, emphasizing the company's growth and economic separation efforts [25][26] Question: Buyback program execution and funding - Management indicated that the buyback program would be executed over two years, with funding likely from free cash flow, considering the cost of capital advantages [29][33] Question: Drivers of EBITDA upside potential - Management highlighted several transactions, including the Gravity and H2O deals, as well as the Lindy plant expansion, contributing to the positive EBITDA outlook [39][40] Question: Demand and utilization of key assets - Management confirmed strong demand for assets in the Delaware area and the strategic expansion in the Midland Basin, which is expected to yield positive results [42][44]

Delek US Holdings (DK) came out with a quarterly loss of $2.54 per share versus the Zacks Consensus Estimate of a loss of $2.89. This compares to loss of $1.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.11%. A quarter ago, it was expected that this refinery operator would post a loss of $1.71 per share when it actually produced a loss of $1.45, delivering a surprise of 15.20%.Over the last four quarters, the company ha ...