Piper Jaffray Downgrades Delek Logistics Partners, LP (DKL) to Neutral

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Go back to Piper Jaffray Downgrades Delek Logistics Partners, LP (DKL) to Neutral

Delek US Holdings Reports First Quarter 2016 Results

May 5, 2016 5:37 PM EDT

Cash balance increased to $350 million at March 31 from $302 million at December 31 Expect cash proceeds up to $160 million for the full year from tax refunds and business interruption proceeds

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Delek US Holdings, Inc. (NYSE: DK) (Delek US) today announced financial results for its first quarter ended March 31, 2016. Delek US reported a first quarter net loss of $(29.2) million, or $(0.47) per basic share, versus a net loss of $(16.1) million, or $(0.28) per basic share, for the quarter ended March 31, 2015. On an... More