other material
confidence high
sentiment neutral
materiality 0.60
Delek US issues Q3 2023 guidance and updates strategic review
Delek US Holdings, Inc.
- Q3 2023 guidance: crude throughput 283k-301k bpd; operating expenses $210-220M.
- 1H 2023 adjusted EBITDA $544M, flat vs $546M in 1H 2022.
- Refining segment adj. EBITDA improved to $431M in 1H 2023 from $182M.
- Evaluating opportunities to unlock value; retail segment multiple target 7x-10x.
- 2023 capex forecast $350M; sustaining capex $100-125M/yr; growth IRR >15%.