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Delek US Holdings, Inc.

Company Summary

Description

Delek US Holdings is a diversified downstream energy company with operations in three primary business segments: petroleum refining, logistics and convenience store retailing. Delek US is headquartered in Brentwood, Tennessee and employs more than 4,000 people across the eight states. The Company has been publicly traded on the New York Stock Exchange since 2006 under the ticker symbol "DK".

Website

http://www.delekus.com/about-us

Financial Data:

NYSE:DK from Google Finance

Tickers:

  • DK - New York Stock Exchange

Related Entities

Recent news

  • 5/12/2021 - CVR Energy Announces... (subscriber access)
  • 1/19/2021 - CVR Energy Proposes... (subscriber access)
  • 6/9/2020 - Delek Expecting Red... (subscriber access)
  • 5/19/2020 - Delek US Dropping Down... (subscriber access)
  • 5/8/2020 - Delek Closes on Sale of... (subscriber access)

Investor Presentations

Company Transactions

Date: 4/2/2020
Type: Acquisition

DETAILS:

COST: 100 $MM

VOLUMES: 250 M Bbls/d

NOTES:
Delek US has dropped down the Big Spring Gathering System to Delek Logistics for $100 million in cash and 5 million common units. Big Spring is a 200-mile crude oil gathering system that can handle 350 Mbbl/d in Howard, Borden and Martin Counties, Texas.
REGIONS:
  • Permian Basin
  • Date: 8/6/2019
    Type: Acquisition

    DETAILS:

    COST: 360 $MM

    VOLUMES: 15 Percent

    NOTES:
    Delek purchased a 15% ownership in the Wink to Webster crude oil pipeline joint venture for roughly $340 - $380 million.
    REGIONS:
  • Permian Basin
  • Gulf Coast
  • Date: 3/19/2018
    Type: Acquisition

    DETAILS:

    COST: 72 $MM

    VOLUMES: 45 Gallons (Millions)

    NOTES:
    The purchase includes a 63-acre complex consisting of a 45 million gallon per year renewable jet / renewable diesel production facility, 1.7 million barrels of product storage, a truck rack with 28 thousand barrels per day of throughput capacity, rail storage for up to 70 rail cars, and pipelines stretching over 71 miles connecting the facility to major southern California distribution hubs including Long Beach.
    REGIONS:
  • West
  • Date: 3/1/2018
    Type: Acquisition

    NOTES:
    The deal includes 2.9 MMbbl in storage tanks, a 3.9 Mbbl/d asphalt terminal, a 54 Mbbl/d light products terminal and a marketing agreement for the Big Spring Refinery.
    REGIONS:
  • Texas and Producing Region
  • Date: 7/1/2017
    Type: Acquisition

    DETAILS:

    COST: 464 $MM

    NOTES:
    Delek acquired Alon USA Energy in an all-stock transaction valued at $464 million.
    REGIONS:
  • United States