Delek US Holdings Reports Third Quarter 2019 Results

BRENTWOOD, Tenn.– November 4, 2019 — Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) today announced financial results for its third quarter ended September 30, 2019. Delek US reported third quarter 2019 net income of $51.3 million, or $0.68 per diluted share, versus a net income of $179.8 million, or $2.03 per diluted share, for the quarter ended September 30, 2018. On an adjusted basis, Delek US reported adjusted net income of $58.7 million, or $0.78 per diluted share for the third quarter 2019. This compares to adjusted net income of $186.4 million, or $2.15 per diluted share, in the prior-year period. Adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”) was $163.1 million compared to Adjusted EBITDA of $325.5 million in the prior-year period. Reconciliations of net income reported under U.S. GAAP to adjusted net income and Adjusted EBITDA are included in the financial tables attached to this release.