Delek US (DK)

The refining segment is the core of Delek’s business and includes independent refineries positioned to serve inland US fuel markets. These facilities benefit from access to domestic crude supply and from connections to regional distribution systems. Delek sells refined products to wholesalers, distributors, retailers and other commercial customers, giving it exposure to demand trends across road transport, logistics, agriculture and industry.

Delek also operates a logistics segment that gathers, transports, stores and markets crude oil, intermediate products and refined fuels. This midstream network supports the refinery system and generates revenue from storage, terminalling, pipeline and marketing activities. Its logistics operations help connect supply basins, processing assets and end markets, making them an important part of the company’s integrated model.

In retail, Delek operates convenience stores and fuel sites in the southeastern United States, providing a direct channel to end consumers. The combination of refining, logistics and retail gives Delek multiple points of participation across the fuel value chain, while leaving the company sensitive to commodity price movements, fuel consumption patterns and broader economic activity.