DK's operational gains and strategic steps support growth, yet margin softness, execution risks and crude supply uncertainty temper the outlook.
DK expects total crude throughput in the range of 292,000-308,000 barrels per day (bpd) and total throughput in the band of 302,000-318,000 bpd for second-quarter 2025.
Delek US Holdings, Inc. (NYSE:DK ) Q1 2025 Earnings Conference Call May 7, 2025 11:00 AM ET Company Participants Robert Wright - SVP & Deputy Chief Financial Officer Avigal Soreq - President and Chief Executive Officer Joseph Israel - Executive Vice President, Operations Mark Hobbs - Executive Vice President, Chief Financial Officer Mohit Bhardwaj - Senior Vice President, Strategy & Growth Conference Call Participants Alexa Patrick - Goldman Sachs Matthew Blair - TPH Manav Gupta - UBS Doug Leggate - Wolfe Research Joe Lack - Morgan Stanley Ryan Todd - Piper Sandler Jason Gabelman - TD Cowen Operator Thank you for standing by. My name is Jale and I will be your conference operator today.
Oil & Gas Refining & Marketing Industry | Energy Sector | Mr. Avigal Soreq CPA CEO | XSTU Exchange | US24665A1034 ISIN |
US Country | 1,987 Employees | 12 May 2025 Last Dividend | - Last Split | 4 May 2006 IPO Date |
Delek US Holdings, Inc. is a diversified downstream energy company actively engaged in the integrated operations across the United States. Founded in 2001 and headquartered in Brentwood, Tennessee, the company has crafted a unique position in the energy sector through its multi-faceted operations that span refining, logistics, and retail. Delek's business model is structured around three main segments: Refining, Logistics, and Retail, each designed to work symbiotically to maximize efficiency and profitability. This comprehensive approach not only enables Delek to process crude oil and other feedstocks into a wide range of petroleum-based products but also to manage the logistics and distribution of these products efficiently. Further, through its strategic retail operations, Delek ensures direct access to end-consumers, enhancing its market presence and operational integration within the energy landscape of the United States.
Delek US Holdings, Inc. offers a broad array of products and services that cater to various facets of the energy sector:
- Gasoline, for general consumer use and transportation needs.
- Diesel fuel, catering to transportation and industrial applications.
- Aviation fuel, supplying the aviation industry.
- Asphalt, for construction and road-building projects.
Delek owns and operates state-of-the-art refineries in Tyler, Texas; El Dorado, Arkansas; Big Spring, Texas; and Krotz Springs, Louisiana. In addition, it manages biodiesel facilities in Crossett, Arkansas; Cleburne, Texas; and New Albany, Mississippi, reflecting its commitment to renewable energy sources.
- Crude oil pipelines, ensuring secure and efficient transportation.
- Refined product pipelines and associated storage tanks, facilitating the distribution process.
- Crude oil gathering systems, optimizing crude oil collection and transportation.
- Light product distribution terminals and the utilization of third-party terminals for broader market reach.
This segment underscores Delek's capability in handling the logistics complexities associated with energy distribution.
- Various grades of gasoline and diesel, primarily under the DK or Alon brands, directly meeting consumer fuel needs.
- Food products and services, enhancing the convenience store experience.
- Non-alcoholic and alcoholic beverages, tobacco products, and general merchandise, providing a comprehensive shopping solution.
Delek's retail operations, largely concentrated in West Texas and New Mexico, operate primarily under the recognizable 7-Eleven and DK or Alon brand names, directly serving the public and contributing significantly to the company's diversified revenue streams.