Delek US Holdings, Inc. reports news on its downstream energy operations, including petroleum refining, logistics, pipelines, and renewable fuels. Company updates commonly cover refining performance at facilities in Texas, Arkansas, and Louisiana, quarterly results, dividends, credit and capital-allocation actions, and leadership changes tied to refining operations.
News also includes developments at Delek Logistics Partners, LP, the midstream master limited partnership in which Delek US owns the general partner interest and a majority limited partner interest. Those updates address gathering, pipelines, transportation, storage, wholesale marketing, terminalling, water disposal, recycling, distributions, tax reporting, and Form 10-K availability.
Delek Logistics Partners (NYSE: DKL) increased its quarterly cash distribution to $1.14 per common limited partner unit for the third quarter of 2026.
The distribution is equivalent to $4.56 per unit on an annualized basis and is payable on November 10, 2026, to unitholders of record on November 3, 2026. Distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective rate for individuals or corporations, as applicable.
Delek Logistics Partners (NYSE: DKL) plans to release third-quarter 2026 results before the U.S. stock market opens on November 6, 2026.
A conference call is scheduled for 11:30 a.m. CT (12:30 p.m. ET) that day. The live webcast will be available through the webcasts section at www.DelekLogistics.com, with an online replay available for 90 days.
Delek US Holdings (NYSE: DK) plans to release third-quarter 2026 results before the U.S. stock market opens on November 6, 2026.
A conference call is scheduled for 10:00 a.m. CT (11:00 a.m. ET) that day, with a live webcast through the investor relations section of DelekUS.com. Supplemental financial information will be available at ir.delekus.com before the call. An online replay will remain available for 90 days.
Delek US Holdings (DK) priced a $400 million private offering of 0.00% convertible senior notes due 2031.
The notes mature November 1, 2031, unless converted, redeemed or repurchased earlier. Initial purchasers may buy up to $60 million more within 13 days beginning on the issue date. Closing is expected September 29, 2026, subject to customary conditions. The notes are senior unsecured obligations guaranteed by subsidiaries that guarantee Delek’s term loan or revolving credit facility.
Delek intends to use part of the net proceeds for capped calls and the rest for general corporate purposes, including partial repayment of its term loan, accrued interest, fees and expenses. The initial conversion rate is 11.7219 shares per $1,000 of notes, equivalent to approximately $85.31 per share. That is a 27.5% premium to the last reported sale price of $66.91 on September 24. The capped calls have an initial cap price of approximately $117.09 per share and are intended to limit potential dilution upon conversion.
Delek US Holdings (DK) intends to offer $400.0 million of convertible senior notes due 2031 in a private offering. It also intends to give initial purchasers an option to buy up to $60.0 million more within a 13-day period beginning on the initial closing date.
Delek intends to use part of the net proceeds for capped call transactions and the rest for general corporate purposes, including partial repayment of its term loan facility. The senior unsecured notes will mature on November 1, 2031, unless converted, redeemed or repurchased earlier. Subsidiaries that guarantee Delek’s term loan or revolving credit facility will guarantee the notes. The interest rate and initial conversion rate will be set when the offering is priced.
S&P Dow Jones Indices will rebalance the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 before the market opens on September 21, 2026, to keep each index aligned with its target market-cap range.
Dell Technologies, Palo Alto Networks, Arista Networks, and Sandisk will join the S&P 100, while NIKE, Honeywell Aerospace, Simon Property Group, and Colgate-Palmolive exit. Bloom Energy, Everpure, and Illumina will enter the S&P 500, replacing Molson Coors Beverage, The Trade Desk, and Builders FirstSource, which move to the S&P SmallCap 600. Multiple constituents, including HubSpot, AGNC Investment, Corcept Therapeutics, Brinker International, Herc Holdings, Delek US Holdings, AXT, Arcutis Biotherapeutics, AtriCure, Capri Holdings, Boston Beer, and others shift among the S&P MidCap 400 and S&P SmallCap 600.
Delek US Holdings (NYSE: DK) welcomes the Trump Administration and U.S. Environmental Protection Agency decision to grant Small Refinery Exemptions (SREs) for the 2025 compliance year. According to Delek US, the decision supports American jobs, enables increased capital investment in its refineries in Arkansas, Texas and Louisiana, and helps maintain reliable, affordable energy while strengthening U.S. energy infrastructure.
Delek Logistics Partners (NYSE: DKL) closed its previously announced underwritten public offering of 4,600,000 common units, including 600,000 from the underwriters’ option, at $50.00 per unit. The partnership expects approximately $220.8 million in gross proceeds, after underwriting fees and commissions and before other offering expenses.
According to Delek Logistics, proceeds will be used to repay outstanding borrowings under its revolving credit agreement and for general partnership purposes. Delek US Holdings (NYSE: DK) did not purchase units, reducing its ownership in Delek Logistics from 63.0% to approximately 58.0%. Truist Securities, Mizuho and Raymond James acted as joint book-running managers.
Delek Logistics Partners (NYSE: DKL) priced an underwritten public offering of 4,000,000 common units at $50.00 per unit under its effective shelf registration. The partnership granted underwriters a 30‑day option to buy up to 600,000 additional units.
Delek Logistics plans to use net proceeds to repay borrowings under its revolving credit agreement and for general partnership purposes. Delek US Holdings will not purchase units, and its ownership is expected to fall from 63.0% to about 58.0%, assuming full exercise of the underwriters’ option. Closing is expected on August 14, 2026, subject to customary conditions.
Delek Logistics Partners (NYSE: DKL) has commenced an underwritten public offering of $175 million of common units representing limited partner interests, under an effective shelf registration statement filed with the SEC. The partnership intends to grant underwriters a 30-day option to purchase up to an additional $26.25 million of common units.
According to Delek Logistics, net proceeds, including any from the underwriters’ option, are expected to be used to repay borrowings under its revolving credit agreement and for general partnership purposes. The offering’s completion, size and terms remain subject to market and other conditions.