2025-05-07 11:16Financial Performance & Liquidity - Delek Logistics reported another record quarter[10] - Delek US increased consolidated financial liquidity by approximately $250 million[11, 26] - Delek US spent $32 million in buybacks and $16 million in dividends, representing approximately a 20% yield[11] - Delek US reiterates 2025 Adjusted EBITDA guidance of $480 - $520 million[11] - Delek US's net loss was $(172.7) million, or $(2.78) per share, but adjusted net loss was $(144.4) million, or $(2.32) per share[49] - Delek US's Adjusted EBITDA was $26.5 million[49] Strategic Objectives & Initiatives - Delek is on track to achieve at least $120 million cash flow improvement through the enterprise optimization plan (EOP)[11, 13, 16] - Delek Logistics' third-party contribution is expected to increase to approximately 80% on a pro-forma basis due to new intercompany transactions[11, 13, 26, 34] - El Dorado's EOP initiatives are focused on generating free cash flow through cycle, with a $50 million margin improvement plan[19] Operational Throughput - Total refining throughput for 1Q25 was 2892 MBPD[47] - Tyler throughput was 348 MBPD in 4Q24 and 2665 MBPD in 1Q25[47]