Delek US Holdings (DK) Tops Q3 EPS by 10c

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Delek US Holdings Reports Third Quarter 2019 Results

November 4, 2019 4:45 PM EST

Reported third quarter net income of $51.3 million and Adjusted EBITDA of $163.1 millionSignificant cash generation helped fund a $75.3 million investment in Wink to Webster Joint VentureIncreased dedicated acreage on Big Spring Gathering system to over 275,000 acresRecord quarter contribution margin from the logistics segmentEl Dorado positioned for IMO, post vacuum tower design change, with distillate yield enhancementIncreasing regular quarterly dividend by $0.01 or 3.5% to $0.30 per shareExpect to repurchase approximately $30 million of... More