StockWatch
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Integrated oil Companies
Quarterly ResultAug 7, 2026, 05:07 PM

Delek US Q2 Net Income $169.5M; Adj. EPS $5.48; Adj. EBITDA $638.7M

AI Summary

Delek US Holdings reported strong second quarter 2026 financial results, with net income of $169.5 million and adjusted diluted EPS of $5.48. The company achieved an Adjusted EBITDA of $638.7 million, driven by a significant increase in its refining segment's Adjusted EBITDA to $566.2 million. Delek Logistics also had its best quarter with $143.5 million in Adjusted EBITDA. The company successfully refinanced its capital structure, extending debt maturities and reducing interest expense, while also repurchasing $20.0 million in common stock and declaring a quarterly dividend.

Key Highlights

  • Reported Q2 2026 net income of $169.5 million, or $2.71 per diluted share.
  • Adjusted net income was $343.9 million, or $5.48 per adjusted diluted share.
  • Adjusted EBITDA reached $638.7 million for the second quarter.
  • Refining segment Adjusted EBITDA increased to $566.2 million from $114.8 million year-over-year.
  • Logistics segment Adjusted EBITDA was $143.5 million, its best quarter.
  • Successfully refinanced portions of capital structure, extending debt maturities and reducing interest expense.
  • Purchased $20.0 million in DK common stock during the quarter.
  • Declared a regular quarterly dividend of $0.255 per share.