Delek US Holdings, Inc. (DK)
The company now
Delek US Holdings reported second-quarter 2026 net income of $169.5 million, or $2.71 per share, on August 5, against a loss of $106.4 million a year earlier 1. Adjusted EBITDA, the company's own adjusted profit measure before interest, taxes and depreciation, was $638.7 million, against $177.9 million 1.
Refining earned $566.2 million of adjusted EBITDA, up from $114.8 million, which the company tied to wider crack spreads 1. Crack spreads, the gap between crude oil and refined fuel prices, were up an average of 136.0 percent from the prior year 1.
Chief executive Avigal Soreq said Big Spring ran well after its first-quarter turnaround, a planned shutdown for upkeep, and that no more planned turnarounds remain this year 1. The logistics segment earned $143.5 million of adjusted EBITDA, against $127.4 million 1.
On September 29, 2026 the company completed a $460 million private offering of 0.00 percent convertible notes due 2031 4. The company said part of the proceeds would go toward partial repayment of its term loan 5.
On October 29 the board approved a quarterly dividend of $0.30 per share, about 18 percent above the previous $0.255 3. Its stake in Delek Logistics Partners was about 63.0 percent at June 30 and about 58.0 percent at September 30 13.
Third-quarter results are due before the U.S. stock market opens on November 6, 2026 6.
As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.