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Delek Slides on Q2 Results

Delek US Holdings, Inc. (NYSE: DK) today announced financial results for its second quarter ended June 30, 2026.

Delek US reported a second-quarter net income of $169.5 million or $2.71 per share, adjusted net income of $343.9 million or $5.48 per share and adjusted EBITDA of $638.7 million
Excluding the impacts of the RVO adjustment, adjusted EPS was $3.64 per share and adjusted EBITDA was $490.1 million

“Our second-quarter results demonstrate the tangible progress we are making in strengthening Delek’s free cash flow profile” said CEO Avigal Soreq,

“Following the successful completion of the Big Spring refinery turnaround in the first quarter, Big Spring ran well during the second quarter and is continuing this trend as we move through the third quarter. We have no more planned turnarounds for the remainder of the year.”

Delek Logistics had its best quarter reporting adjusted EBITDA of $143.5 million.

“It is well positioned,” according to this morning’s news release, “to meet its annual EBITDA guidance of $520-560 million.”

Moreover, the company purchased $20.0 million in DK common stock during the quarter.

Paid $15.6 million of dividends and announced regular quarterly dividend of $0.255 per share.

DK began the day’s trading down $3.30, or 5%, to $62.90.