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Delek US Holdings (DK)
NYSE:DK
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.66Last Year’s EPS
-0.92Same Quarter Last Year
Moderate Sell
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 0.07%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive developments, such as operational improvements, successful inter-company transactions, and strong performance in DKL's logistics and gas processing segments. However, these were offset by significant challenges, including a substantial net loss, a tough refining margin environment, and losses in supply and marketing. While there are encouraging signs of growth and strategic advancements, the financial losses and operational challenges create a balanced sentiment overall.Company Guidance
During Delek US's first quarter earnings call for fiscal year 2025, the company provided guidance highlighting several key metrics and strategic initiatives. Delek reported a net loss of $173 million and an adjusted net loss of $144 million, translating to a negative $2.78 and $2.32 per share, respectively. Adjusted EBITDA came in at $26.5 million. The company emphasized its progress on the Enterprise Optimization Plan (EOP), targeting an annual cash flow improvement of at least $120 million starting in the second half of 2025. Operationally, Delek's refineries showed varying throughput rates, with Tyler at 69,000 barrels per day and projected to increase to 73,000-77,000 in Q2, while El Dorado was at 76,000 barrels per day with a Q2 outlook of 80,000-84,000. Big Spring's throughput was 59,000 barrels per day, expected to rise to 67,000-71,000 in Q2. The company highlighted the importance of its midstream segment, Delek Logistics (DKL), maintaining its strong 2025 EBITDA guidance of $480 million to $520 million. Additionally, Delek completed several inter-company transactions to bolster financial liquidity by $250 million and increase DKL's third-party cash flow to around 80%. The call also discussed strategic capital allocations, including $16 million in dividends and $32 million in share buybacks, enhancing shareholder returns amidst a challenging refining margin environment.Improved Operational Performance
Delek made progress in improving operational performance with successful plant outages at Tyler and Big Spring and expects a cleaner runway into the summer driving season.
DKL Third-Party Cash Flow Increase
DKL increased third-party cash flow to around 80% following inter-company transactions, improving financial liquidity at DK by approximately $250 million.
DKL Growth in Gas Processing
DKL's gas processing business is growing, supported by its location in Lee County, New Mexico, enhancing its position with sour gas gathering and acid gas injection capabilities.
EOP Progress
Delek's Enterprise Optimization Plan (EOP) is on track to achieve approximately $80 million of incremental capture in refining process and commercial footprint by mid-year.
Record High Throughput at Cross Springs
Cross Springs achieved a record high throughput rate of 85,000 barrels per day in Q1.
Logistics Segment Strong Performance
The logistics segment delivered $117 million in adjusted EBITDA, a $9 million increase over the previous record.
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DK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 07, 2025 | $14.03 | $14.04 | +0.07% |
| Feb 25, 2025 | $16.13 | $16.14 | +0.06% |
| Nov 06, 2024 | $15.46 | $16.80 | +8.67% |
| Aug 06, 2024 | $20.84 | $18.54 | -11.04% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Delek US Holdings (DK) report earnings?
Delek US Holdings (DK) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Delek US Holdings (DK) earnings time?
Delek US Holdings (DK) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DK EPS forecast?
DK EPS forecast for the fiscal quarter 2025 (Q2) is -0.66.
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