DK

Delek US Holdings, Inc. is a diversified downstream energy company operating petroleum refining, logistics, renewable fuels, and convenience store retail businesses. The company operates refineries in Texas, Louisiana, and Arkansas producing gasoline, diesel, jet fuel, and other products. Delek also operates logistics assets including pipelines, terminals, and storage facilities, along with convenience stores primarily in the southeastern United States. The company produces renewable diesel through its DGD joint venture. Founded in 2001 and headquartered in Brentwood, Tennessee, Delek has built an integrated downstream platform through strategic acquisitions and investments. The company emphasizes Mid-Continent refining assets, regional logistics infrastructure, and retail operations. Delek benefits from refining margin opportunities, integrated logistics reducing transportation costs, retail marketing margins, and renewable fuel investments. The company faces refining margin volatility, smaller scale versus mega-refiners, capital intensity, competitive markets, and regulatory pressures. Delek has faced operational challenges and profitability pressures in recent years. The company continues to focus on operational improvements, renewable diesel growth, logistics optimization, and capital allocation to enhance returns and navigate cyclical downstream energy markets.