secwatch.observer — SEC 8-K summary
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Issuer:     Delek US Holdings, Inc. (DK)
CIK:        0001694426
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0001694426-23-000068
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Delek US reports Q2 net loss $8.3M, adjusted net income $65.2M; raises dividend to $0.235/share
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- Net loss $8.3M ($0.13/sh); adjusted net income $65.2M ($1.00/sh); adjusted EBITDA $259.4M.
- Refining segment Adj. EBITDA $201.1M vs $463.1M YoY due to lower crack spreads (down ~49%).
- Logistics segment Adj. EBITDA $90.9M vs $69.0M YoY on Permian position and 3 Bear acquisition.
- Quarterly dividend raised to $0.235 (fourth consecutive increase); payable Aug 21, record Aug 14.
- Repurchased $40M shares in Q2, $25M after quarter end; $95M returned YTD via dividends and buybacks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1694426/000169442623000068/0001694426-23-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1694426/000169442623000068/dk-20230807.htm
  HTML page:      https://secwatch.observer/filing/0001694426-23-000068

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