Delek US Holdings reported a record third-quarter net income attributable to shareholders of $1,133.8 million, or $18.22 per diluted share, driven by a 191% increase in benchmark crack spreads and favorable renewable fuel standard exemptions. Adjusted net income was $843.0 million ($13.55 per share), while adjusted EBITDA reached $1,280.4 million. The company increased its regular quarterly dividend to $0.30 per share, up approximately 18%, payable November 18 to holders of record on November 10. Management also raised annual adjusted EBITDA guidance for Delek Logistics to $530-560 million and expects to repay the outstanding $850 million term loan in the fourth quarter. Delek US Holdings is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, and renewable fuels.
