Profile: Delek US Holdings Inc (DK)
17 Jan 2017
Delek US Holdings, Inc., incorporated on April 10, 2001, is an integrated energy business focused on petroleum refining, the transportation, storage and wholesale of crude oil, intermediate and refined products and convenience store retailing. The Company operates through three segments: Refining, Logistics and Retail.
The Company's Refining Segment owns and operates two independent refineries located in Tyler, Texas and El Dorado, Arkansas, representing a combined approximately 155,000 bpd of crude throughput capacity. The Company's refining system produces a variety of petroleum-based products used in transportation and industrial markets, which are sold to a range of customers located principally in inland, domestic markets. Its refining segment also owns and operates over two biodiesel facilities engaged in the production of biodiesel fuels and related activities, located in Crossett, Arkansas and Cleburne, Texas.
The Company's refinery is designed to process mainly light, sweet crude oil. The Tyler refinery has access to crude oil pipeline systems that provides the Company with access to East Texas, West Texas and limited Gulf of Mexico and foreign crude oils. Most of the crude supplied to the Tyler refinery is delivered by third-party pipelines and through pipelines owned by the Company's Logistics Segment. The Tyler refinery primarily produces two grades of gasoline (premium - 93 octane and regular - 87 octane), as well as aviation gasoline. Diesel and jet fuel products produced at the Tyler refinery include military specification jet fuel, commercial jet fuel, low sulfur diesel and ultra-low sulfur diesel. The Tyler refinery offers both E-10 and biodiesel blended products. In addition to gasoline and distillate fuels, the Tyler refinery produces small quantities of propane, refinery grade propylene and butanes, petroleum coke, slurry oil, sulfur and other blendstocks.
The Company's El Dorado refinery has a crude throughput capacity of approximately 80,000 bpd. The El Dorado refinery is designed mainly to process various crude oil, ranging from light sweet to heavy sour. The refinery receives crude by several delivery points, including local crude and other third party pipelines that connect directly into Delek Logistics El Dorado Pipeline System, which runs from Magnolia, Arkansas, to the El Dorado refinery (the El Dorado Pipeline System), and rail at third party terminals. The El Dorado refinery produces a range of refined products, from multiple grades of gasoline and ultra-low sulfur diesel fuels, LPGs, refinery grade propylene and various asphalt products, including paving grade asphalt and roofing flux.
The Company's Logistics Segment consists of Delek Logistics, a publicly traded master limited partnership, and its subsidiaries. The Logistics segment owns and operates crude oil and intermediate and refined products logistics and marketing assets. The Logistics Segment gathers, transports and stores crude oil, as well as markets, distributes, transports and stores refined production in select regions of the southeast United States and east Texas in support of the Tyler and El Dorado refineries. In addition to intercompany services, the Logistics Segment also provides some crude oil transportation services for, and terminaling and wholesale marketing services to, third parties in Texas, Tennessee and Arkansas. The Logistics Segment's pipelines and transportation business owns approximately 400 miles of crude oil transportation pipelines, approximately 365 miles of refined product pipelines, an approximately 600-mile crude oil gathering system and associated crude oil storage tanks with an aggregate of approximately 7.3 million barrels of active shell capacity.
The Company's Retail Segment markets gasoline, diesel, other refined petroleum products and convenience merchandise through a network of Company-operated retail fuel and convenience stores throughout the southeastern United States. The Company operates approximately 360 retail fuel and convenience stores located throughout the southeastern United States. The Company retail locations operate primarily under the MAPCO Express, MAPCO Mart, Discount Food Mart, Fast Food and Fuel, East Coast, Delta Express and Favorite Markets brands. The Company's retail fuel and convenience stores offer tobacco products and immediately consumable items, such as non-alcoholic beverages, beer and a range of snacks and prepackaged items. Some of the Company's sites also offer state sanctioned lottery games, automated teller machine (ATM) services and money orders. The Company operated 85 quick service restaurants in its store locations.
Delek US Holdings Inc
7102 Commerce Way
BRENTWOOD TN 37027-2896
Company Web Links
- Refiner Delek to buy rest of Alon USA for $464 million
- BRIEF-Delek U.S. Holdings to purchase up to $30 mln of Delek Logistics Partners limited partner units
- BRIEF-Delek US Holdings comments on colonial outage
- BRIEF-Delek US Holdings Q3 loss per share $2.61
- BRIEF-Delek US Holdings - Ginzburg will continue to serve as chief financial officer through May 2017