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Delek US Holdings (DK)
NYSE:DK
Earnings Data
Report Date
Feb 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-2.82Last Year’s EPS
-1.46Same Quarter Last Year
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: -0.55%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with record quarterly adjusted EBITDA, significant acquisitions enhancing the company's position, and optimistic future guidance. Despite a minor setback in the wholesale marketing and terminalling segment, the overall outlook remains positive with strategic initiatives like a buyback program and continued distribution increases.Company Guidance
During the Delek US Holdings, Inc. Fourth Quarter 2024 Earnings Call, key guidance metrics were outlined, reflecting a strong fiscal performance and optimistic outlook for 2025. Delek Logistics reported a record quarterly adjusted EBITDA of approximately $107 million for Q4 2024 and set a robust EBITDA guidance range of $480 to $520 million for 2025, representing a growth of around 20% over the previous year. The company plans to spend approximately $75 million on completing the Lindy processing plant expansion and $160 million on growth and maintenance projects in 2025. Furthermore, Delek Logistics announced a $150 million unit buyback to enhance value for its unit holders, with the board approving a 48th consecutive quarterly distribution increase to $1.10 per unit. The company closed the Gravity Water Midstream acquisition, bringing liquidity to approximately $530 million, and aims to return the DCF coverage ratio to its long-term objective of 1.3 times by the second half of 2025. Additionally, multiple strategic acquisitions and expansions within the Permian Basin were highlighted as key growth drivers for the upcoming year.Record Quarterly Adjusted EBITDA
Delek Logistics Partners reported approximately $107 million in quarterly adjusted EBITDA, marking another record quarter for the company.
Significant Acquisitions and Expansions
The company completed the acquisition of Delek's portion in the Wink to Webster pipeline and announced acquisitions in the Midland Basin, Edge Draw Midstream, and Gravity Water Midstream.
2025 EBITDA Guidance
Delek Logistics initiated a strong 2025 EBITDA guidance of $480 to $520 million, representing around 20% growth over 2024 adjusted EBITDA.
Strategic Buyback Program
The board of directors authorized a $150 million buyback from the sponsor, Delek US Holdings, Inc., to enhance value for the Delek Logistics unit holders.
Consecutive Quarterly Distribution Increase
The board approved the 48th consecutive increase in the quarterly distribution to $1.10 per unit.
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DK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $16.39 | $16.40 | +0.06% |
| Nov 06, 2024 | $15.71 | $17.06 | +8.59% |
| Aug 06, 2024 | $21.17 | $18.84 | -11.01% |
| May 07, 2024 | $25.76 | $26.95 | +4.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Delek US Holdings (DK) report earnings?
Delek US Holdings (DK) is schdueled to report earning on Feb 25, 2025, TBA Not Confirmed.
What is Delek US Holdings (DK) earnings time?
Delek US Holdings (DK) earnings time is at Feb 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DK EPS forecast?
DK EPS forecast for the fiscal quarter 2024 (Q4) is -2.82.
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