Delek US Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 04, 2022 at 08:00 am EDT
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Delek US Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 5,982.6 million compared to USD 2,191.5 million a year ago. Net income was USD 361.8 million compared to net loss of USD 56.7 million a year ago. Basic earnings per share from continuing operations was USD 5.11 compared to basic loss per share from continuing operations of USD 0.77 a year ago. Diluted earnings per share from continuing operations was USD 5.05 compared to diluted loss per share from continuing operations of USD 0.77 a year ago.
For the six months, sales was USD 10,441.7 million compared to USD 4,583.7 million a year ago. Net income was USD 368.4 million compared to net loss of USD 126.7 million a year ago. Basic earnings per share from continuing operations was USD 5.12 compared to basic loss per share from continuing operations of USD 1.72 a year ago. Diluted earnings per share from continuing operations was USD 5.07 compared to diluted loss per share from continuing operations of USD 1.72 a year ago.
Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, renewable fuels and convenience store retailing. The Company's segments include Refining, Logistics and Retail. The Refining segment processes crude oil and other feedstocks for the manufacture of transportation motor fuels, including various grades of gasoline, diesel fuel and aviation fuel, asphalt and other petroleum-based products. The Refining segment also owns and operates three biodiesel facilities involved in the production of biodiesel fuels and related activities, located in Crossett, Arkansas, Cleburne, Texas and New Albany, Mississippi. The Logistics segment is engaged in gathering, transporting, offloading and storing crude oil and natural gas; for storing intermediate products and feedstocks, and disposing and recycling water. The Retail segment includes the operations of owned and leased convenience store sites located in West Texas and New Mexico.
DELEK US HOLDINGS, INC. 
