Delek US Holdings (DK) Reports In-Line Q4 EPS

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Delek US Holdings Reports Fourth Quarter 2022 Results and Raises Quarterly Regular Dividend by $0.01 to $0.22 per share

February 28, 2023 7:30 AM EST

Fourth Quarter

Net loss of $118.7 million for fourth quarter or $1.73 per shareAdjusted net income of $60.8 million or $0.88 per share, and Adjusted EBITDA of $220.9 million Returned $104.1 million to shareholders through dividends and share repurchasesRefining impacted by unplanned downtime Record contributions from Logistics businessInitiated sum of the parts valuation unlock initiativeLaunched cost reduction and process improvement efforts

Full-Year 2022

Delivered $257.1 million of net income and $1,185.8 million of Adjusted EBITDAReturned $236.4 million to shareholders through dividends and share repurchases,... More