Delek US

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Independent refiner and marketer of petroleum products

title: "Delek US" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["companies-listed-on-the-new-york-stock-exchange", "oil-companies-of-the-united-states", "american-subsidiaries-of-foreign-companies", "companies-based-in-tennessee", "2006-initial-public-offerings", "williamson-county,-tennessee"] description: "Independent refiner and marketer of petroleum products" topic_path: "geography/united-states" source: "https://en.wikipedia.org/wiki/Delek_US" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Independent refiner and marketer of petroleum products ::

::data[format=table title="Infobox company"]

FieldValue
nameDelek US Holdings, Inc.
logoDelek_US_Holdings,_Inc.png
typePublic
traded_as
ISIN
predecessorPetrofina, Alon USA Energy, Inc., MAPCO Express, Lion Oil Company
foundation
hq_locationBrentwood, Tennessee
hq_location_countryU.S.
key_people{{Unbulleted list
num_employees3,746
num_employees_year2023
industryOil & Gas Refining & Marketing
productsFuels
revenueUS$16.917 billion (2023)

| | US$20.246 billion {{Cite web|url | https://www.macrotrends.net/stocks/charts/DK/delek-us-holdings/revenue|title = Delek US Holdings Revenue 2006-2021 | DK}} | | operating_income | US$ 683 Million (FY 2019) | | net_income | US$ 305 Million (FY 2019) | | homepage | www.delekus.com | ::

| name = Delek US Holdings, Inc. | logo = Delek_US_Holdings,_Inc.png | type = Public | traded_as = | ISIN = | predecessor = Petrofina, Alon USA Energy, Inc., MAPCO Express, Lion Oil Company | foundation = | hq_location = Brentwood, Tennessee | hq_location_country = U.S. | key_people = {{Unbulleted list|

US$20.246 billion (2022) | operating_income = US$ 683 Million (FY 2019) | net_income = US$ 305 Million (FY 2019) | homepage = www.delekus.com

Delek US Holdings, Inc. is an oil refining, logistics and biofuels company founded in 2001 and headquartered in Brentwood, Tennessee.

The company has a platform consisting of:

  • Four oil refineries with approximately 300,000 barrels per day of crude through put capacity.
  • Logistics operations including Delek Logistics.
  • An integrated asphalt business.

Operations

Refining

Delek US owns and operates four inland refineries with a combined crude throughput capacity of 302,000 barrels per day. The refineries are located in Tyler, Texas; Big Spring, Texas; Krotz Springs, Louisiana; and El Dorado, Arkansas.

Delek's refineries process primarily light crude oil sourced from the Permian Basin, East Texas, Gulf Coast and local production.

Logistics

Delek's logistics segment gathers, transports, and stores crude oil, as well as markets, distributes, transports and stores refined product in West Texas and the Southeast U.S.

Renewables

Delek owns and operates three biodiesel plants with a capacity of approximately 40 million gallons a year, which are located in Cleburne, Texas, Crossett, Arkansas and New Albany, Mississippi.

History

Delek US was founded in 2001 as a fully owned subsidiary of Israeli conglomerate Delek Group. Delek US was introduced in the New York Stock Exchange in 2006, and Delek Group reduced its share over the next decade.

Key events in its history are summarized below:

Acquisitions/Divestitures

  • May 2001: Acquired MAPCO Express, Inc., with 198 retail fuel and convenience stores
  • April 2005: Acquired the Tyler Refinery and its related assets
  • July 2006: Acquired 40 retail fuel and convenience stores from Fast Petroleum
  • August 2006: Acquired refining equipment, pipelines, storage tanks and terminals from Pride Companies
  • October 2011: Acquired sole ownership of Lion Oil Company, with a refinery, pipeline and other refining, product terminal, and crude oil pipeline assets in and around El Dorado, Arkansas, and product terminals in Memphis and Nashville, Tennessee
  • January 2013: Announced agreement to purchase a biodiesel facility in Cleburne, Texas from EQM Technologies & Energy, Inc.
  • February 2014: Announced agreement to purchase a biodiesel facility in Crossett, Arkansas
  • November 2016: Completed sale of MAPCO Retail Related Assets for $535 million
  • March 2018: Sold refineries in Paramount, California and Long Beach, California to World Energy LLC.
  • November 2018: Announced Big Spring Crude Oil Gathering System in the Permian Basin
  • May 2019: Acquired 33% Interest in Red River pipeline joint venture
  • August 2019: Acquired 15% Interest in Wink to Webster Pipeline LLC
  • November 2019: Announced agreement to purchase a biodiesel facility in New Albany, Mississippi
  • May 2020: Sold Bakersfield refinery to Global Clean Energy Holdings
  • June 2022: Acquired 3Bear Energy through Delek's master limited partnership, Delek Logistics Partners, LP. 3Bear's operations included crude oil and gas gathering, processing and transportation businesses, as well as water disposal and recycling operations in the Delaware Basin in New Mexico.
  • October 2024: Sold its retail network to FEMSA.

Mergers

  • May 2015: Acquired 33.7 million shares of common stock of Alon USA Energy, Inc, a subsidiary of Alon Israel Oil Co. Ltd. This represented approximately 48% of Alon USA shares outstanding in May 2015
  • July 2017: Acquired the remaining shares of common stock of Alon USA Energy, Inc. Operations included refining, retail, asphalt, and renewable fuel, including Paramount Petroleum.

References

References

  1. "Delek US Holdings Revenue 2006-2021 | DK".
  2. [https://www.wikinvest.com/stock/Delek_US_Holdings%2C_Inc_%28DK%29/Data/Income_Statement Delek US Holdings, Inc. (DK) annual SEC income statement filing via Wikinvest.]{{dead link. (May 2024)
  3. "Business Entity Detail - Business Services Online".
  4. "Exhibit".
  5. (3 July 2017). "Delek US Puts Alon USA Acquisition in the Books".
  6. Lindenberg, Greg. (July 5, 2017). "Delek U.S. Becomes Largest U.S. 7-Eleven Licensee".
  7. (22 February 2019). "Delek US Brings Back Megastore Strategy to Retail Segment".
  8. "Delek Logistics Partners L.P.".
  9. "Biodiesel Magazine - The Latest News and Data About Biodiesel Production".
  10. (May 4, 2006). "Delek US IPO Prices at $16 per Share, Says Underwriter". [[Haaretz]].
  11. (2018-01-23). "Delek US Announces Repurchase of 2.0 million Shares from Affiliates of Alon Israel".
  12. (9 April 2001). "Delek to pay Mapco Express $147m for 198 gas stations and stores".
  13. "Delek U.S. Holdings Inc./Mapco".
  14. "Tyler – Delek US".
  15. "Delek US Holdings Completes Purchase of Retail Fuel and Convenience Stores From Fast Petroleum".
  16. "10-K".
  17. "Delek US Holdings Announces Agreement to Acquire Majority Equity Interest in Lion Oil Company".
  18. "Delek US Holdings Acquires Remaining Equity Interest in Lion Oil Company".
  19. (12 October 2011). "Delek US buys out remaining private owners of Lion Oil for $13 million".
  20. "Delek US Holdings Announces Agreement to Purchase a Biodiesel Facility in Texas".
  21. (11 January 2013). "Delek closes buy of Texas biodiesel plant from EQM Technologies".
  22. "Delek US Holdings, Inc. 10-K Feb. 27, 2017 9:27 PM".
  23. "Crossett – Delek US".
  24. (2016-08-29). "Delek to Sell MAPCO to COPEC".
  25. "Delek US Completes Sale of Retail Related Assets for $535 million".
  26. (November 15, 2016). "Delek U.S. Completes Mapco Sale to COPEC".
  27. (20 March 2018). "StackPath".
  28. "Delek US Holdings Reports Third Quarter 2018 Results".
  29. "Delek US Holdings Reports Second Quarter 2019 Results".
  30. "Delek pays $128M for 33% of Plains' Red River system – Kallanish Energy News".
  31. (2019-05-28). "Plains All American Announces Expansion and Joint Venture of Red River Pipeline with Delek Logistics".
  32. (6 August 2019). "Delek US to acquire stake in Wink to Webster Pipeline in Texas".
  33. "Biodiesel Magazine - The Latest News and Data About Biodiesel Production".
  34. "Biodiesel Magazine - The Latest News and Data About Biodiesel Production".
  35. "New Albany – Delek US".
  36. "Delek Sells Stake in California Refinery".
  37. "Delek US Holdings Announces Closing of Bakersfield Refinery Sale".
  38. "Delek Logistics Partners, LP Announces Closing of Acquisition from 3Bear Energy".
  39. "Delek US Holdings, Inc. Announces Closing of Sale of Retail Assets to FEMSA".
  40. "Delek US $DK to Acquire Remaining 53% Stake in Alon USA $ALJ for $464M".
  41. "Delek US Announces Agreement to Acquire 48 Percent Ownership Interest in Alon USA".
  42. "Delek US Holdings to Acquire Remaining 18.4 Percent of Outstanding Units of Alon USA Partners".
  43. (3 July 2017). "StackPath".

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