Delek US Holdings Reports First Quarter 2016 Results

BRENTWOOD, Tenn.– May 5, 2016 (BUSINESS WIRE)— Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) today announced financial results for its first quarter ended March 31, 2016. Delek US reported a first quarter net loss of $(29.2) million, or $(0.47) per basic share, versus a net loss of $(16.1) million, or $(0.28) per basic share, for the quarter ended March 31, 2015. On an adjusted basis, Delek US reported a net loss of $(53.3) million, or $(0.86) per basic share for the quarter ended March 31, 2016, compared to a net loss of $(10.1) million, or $(0.18) per basic share on an adjusted basis in the prior year period. Reconciliations of GAAP earnings to adjusted earnings are included in the financial tables attached to this release.