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Delek US Holdings Inc - DK STOCK NEWS

Welcome to our dedicated news page for Delek US Holdings (Ticker: DK), a resource for investors and traders seeking the latest updates and insights on Delek US Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Delek US Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Delek US Holdings's position in the market.

News
Delek Logistics Partners, LP and Delek Logistics Finance Corp. Announce Tender Offer for Any and All of their Outstanding 6.75% Senior Notes due 2025
Rhea-AI Summary
Delek Logistics Partners, LP and Delek Logistics Finance Corp. have initiated a cash tender offer for their 6.75% Senior Notes due 2025. The Offer will expire on March 8, 2024, with a tender consideration of $1,000.80 per $1,000.00 principal amount of Notes. Payments for purchased Notes will include accrued interest up to the settlement date. The Offer is contingent upon the completion of a concurrent bond offering and the Financing Condition. Holders are advised to make their own decisions regarding participation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.08%
Tags
none
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News
Delek Logistics Partners, LP Announces Proposed Offering of $550 Million of Senior Notes
Rhea-AI Summary
Delek Logistics Partners, LP (DK) plans to offer $550 million senior notes due 2029 to repay existing debt and for general corporate purposes. The offering targets qualified institutional buyers and non-U.S. persons.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.08%
Tags
none
-
News
Delek US Holdings Reports Fourth Quarter 2023 Results and 2024 Capital Program
Rhea-AI Summary
Delek US Holdings, Inc. (DK) announced financial results for Q4 2023, highlighting a net loss of $164.9 million, adjusted net loss of $93.2 million, and adjusted EBITDA of $60.6 million. Full-year 2023 saw net income of $19.8 million, adjusted net income of $196.6 million, and adjusted EBITDA of $949.7 million. The company returned $35.4 million to shareholders in Q4, reduced debt by $38.2 million, and delivered record throughput rates. The 2024 Capital Program estimates capital expenditures of approximately $330 million, with a focus on refining and logistics.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.08%
Tags
earnings
News
Delek US Holdings Increases Regular Quarterly Dividend
Rhea-AI Summary
Delek US Holdings, Inc. raises quarterly dividend by $0.005 per share to $0.245, payable on March 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.65%
Tags
dividends
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News
Delek US Holdings' Big Spring Refinery Selected by the Department of Energy for Carbon Capture Project
Rhea-AI Summary
Delek US Holdings, Inc. has been selected by the Department of Energy's Office of Clean Energy Demonstrations for a carbon capture pilot project in the Big Spring refinery, receiving 70% cost-share for up to $95 million of federal funding. The project aims to capture 145,000 metric tons of carbon dioxide per year and reduce health-harming pollutants. Delek will partner with Svante Technologies Inc., IUOE, and USW to execute the project and establish a carbon capture schoolhouse.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
none
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News
Delek US Holdings to Host Fourth Quarter 2023 Conference Call on February 27th
Rhea-AI Summary
Delek US Holdings, Inc. (NYSE: DK) has announced that it will release its fourth quarter 2023 results on February 27, 2024, before the U.S. stock market opens. A conference call to discuss these results is scheduled for the same day. The live broadcast of the call will be available on the company's website, with an online replay available for 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.18%
Tags
conferences earnings
News
Delek Logistics Partners, LP to Host Fourth Quarter 2023 Conference Call on February 27th
Rhea-AI Summary
Delek Logistics Partners, LP (NYSE: DKL) is set to release its fourth quarter 2023 results on February 27, 2024, followed by a conference call to discuss the results. The live broadcast and online replay of the conference call will be available on the company's website for 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.18%
Tags
conferences earnings
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News
Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.055 per Common Limited Partner Unit
Rhea-AI Summary
Delek Logistics Partners, LP (DKL) has declared a quarterly cash distribution of $1.055 per common limited partner unit for the fourth quarter of 2023, representing a 1.0 percent increase from the previous quarter and a 3.4 percent increase from the same quarter in 2022. The distribution is payable on February 12, 2024, to unitholders of record on February 5, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.71%
Tags
none
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News
Delek US Holdings Board Appoints New Director
Rhea-AI Summary
Delek US Holdings, Inc. appoints Christine Benson Schwartzstein as an independent director, bringing 20 years of experience in risk management, capital markets, and investing. The board now comprises 10 directors, with 8 being independent. Ms. Benson will stand for election at the 2024 annual meeting of stockholders on May 2, 2024. Her expertise is expected to provide instrumental insights as the company executes its strategic initiatives to create value for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
management
News
Delek US Holdings Reports Third Quarter 2023 Results
Rhea-AI Summary
Delek US Holdings, Inc. (NYSE: DK) reported a net income of $128.7 million or $1.97 per share for the third quarter of 2023. Adjusted net income was $131.9 million or $2.02 per share, and adjusted EBITDA was $345.1 million. The company also returned $40.2 million to shareholders through dividends and share buybacks and increased their quarterly dividend to $0.24 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
earnings
Stock DK logo
Delek US Holdings Inc

NYSE:DK

DK Rankings

#1926 Ranked by Market Cap
#3006 Ranked by Stock Gains
#1035 Ranked by Dividends

DK Stock Data

2.02B
62.47M
2.51%
105.33%
12.02%
Petroleum Refineries
Manufacturing
Link
US
Brentwood

About DK

delek us holdings (nyse: dk) is a leading diversified downstream energy company with operations in three primary business segments: petroleum refining, marketing & supply and retail. the refining segment operates a 60,000 barrel-per-day high-conversion, moderate complexity refinery in tyler, texas. the marketing & supply segment transports and sells refined products on a wholesale basis in west texas through company-owned and third-party operated terminals. the retail segment markets gasoline, diesel and other refined products through a network of more than 450 company-operated fuel and convenience stores located in eight states under a number of regional brands, including mapco express®, mapco mart® east coast®, discount food mart™, fast food and fuel™ and favorite markets® brand names.