Quarterly ResultAug 5, 2026, 01:16 PM
Delek US Holdings Q2 Net Income $169.5M; Revenue $4.09B
AI Summary
Delek US Holdings reported a net income attributable to Delek of $169.5 million for the second quarter of 2026, a significant improvement from a net loss of $106.4 million in the same period last year. Total net revenues increased to $4,087.0 million from $2,764.6 million year-over-year, with basic earnings per share rising to $2.76 from a loss of $1.76. The company also highlighted the impact of the Gravity Acquisition in January 2025 and the DPG Dropdown in May 2025 on its Logistics segment.
Key Highlights
- Net income attributable to Delek was $169.5M in Q2 2026, up from $(106.4)M in Q2 2025.
- Total net revenues increased to $4,087.0M in Q2 2026 from $2,764.6M in Q2 2025.
- Basic EPS was $2.76 in Q2 2026, compared to $(1.76) in Q2 2025.
- Refining Segment EBITDA rose to $556.0M in Q2 2026 from $96.3M in Q2 2025.
- Logistics Segment EBITDA was $120.0M in Q2 2026, up from $96.6M in Q2 2025.
- Total assets stood at $7,551.4M as of June 30, 2026.
- Cash and cash equivalents were $628.6M as of June 30, 2026.
- Common stock dividends declared were $0.255 per share for Q2 2026.
Price Impact
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