secwatch.observer — SEC 8-K summary
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Issuer:     Delek US Holdings, Inc. (DK)
CIK:        0001694426
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001694426-24-000106
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Delek US posts Q2 net loss $37.2M; announces retail sale, DKL acquisitions
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- Net loss $37.2M ($0.58/share) vs net loss $8.3M in Q2 2023; adjusted net loss $59.3M ($0.92/share).
- Refining segment Adjusted EBITDA fell to $42.1M from $212.4M YoY on lower crack spreads.
- Agreed to sell retail assets for ~$385M; entered 10-year fuel supply deal with FEMSA.
- DKL dropped down Wink-to-Webster pipeline, agreed to acquire H2O Midstream for ~$230M, FID on new gas plant.
- Quarterly dividend raised to $0.255/share; Board approved for Aug 19 payment to record Aug 12.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1694426/000169442624000106/0001694426-24-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1694426/000169442624000106/dk-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001694426-24-000106

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer