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Delek US Holdings Reports Fourth Quarter 2020 Results


Delek US Holdings Reports Fourth Quarter 2020 Results
Underlying cost improvements and capital reductions across the portfolio position the company well for 2021
COVID-19 vaccination uptake provides an increasing demand backdrop going forward
Robust outlook for the retail segment with line of sight for strong growth potential
Capital light approach to renewable diesel with $13 million option to acquire a one-third economic interest in GCE Holdings Acquisitions
Expecting another 5% distribution growth year-over-year at Delek Logistics in 2021
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BRENTWOOD, Tenn., Feb. 23, 2021 /PRNewswire/  Delek US Holdings, Inc. (NYSE: DK) ( Delek US ) today announced financial results for its fourth quarter ended December 31, 2020. Delek US reported a fourth quarter 2020 net loss of $(293.2) million, or $(3.98) per share, versus net income of $32.7 million, or $0.44 per diluted share, for the qu ....

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