earnings
confidence high
sentiment negative
materiality 0.75
Delek US reports Q4 net loss $413.8M; announces $150M unit repurchase from DKL
Delek US Holdings, Inc.
2024-FY EPS reported
-$8.77
revenue$11,852,200,000
- Net loss $413.8M ($6.55 diluted loss per share); adjusted net loss $160.5M ($2.54 adjusted loss per share).
- Adjusted EBITDA -$23.2M vs +$60.6M in Q4 2023; refining segment weakest at -$69.6M.
- Delek Logistics authorized to repurchase up to $150M of DKL common units from DK through 2026; accretive to DKL FCF.
- Enterprise Optimization Plan expected at high end of $80M-$120M cash flow improvement; 2H'2025 run-rate target.
- Regular quarterly dividend $0.255 per share, payable March 10, 2025 to holders of record March 3.