DELEK US HOLDINGS, INC. (NYSE:DK) Files An 8-K Results of Operations and Financial ConditionItem 7.01.Results of Operations and Financial Condition.
On August 2, 2017, Delek US Holdings, Inc. announced its financial results for the quarter ended June 30, 2017. The full text of the press release is furnished as Exhibit 99.1 hereto.
The information in the attached Exhibit is being furnished to Item 7.01 “Results of Operations and Financial Condition.” The information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.
The Company is also furnishing with this Current Report on Form 8-K certain unaudited historical financial information of Alon USA Energy, Inc. (“Alon USA”), which was acquired by the Company in the previously announced merger transaction that was completed effective July 1, 2017, as more fully described in Item 7.01 below and incorporated by reference herein.
Item 7.01 Regulation FD Disclosure.
The Company is furnishing herewith the unaudited consolidated financial statements of Alon USA as of and for the three and six months ended June30, 2017 as Exhibit 99.2 and supplemental unaudited operational and segment data of Alon USA as of and for the three and six months ended June 30, 2017 as Exhibit 99.3 of this Current Report on Form 8-K in order to make publicly available the financial information that may be distributed to investors and potential investors of the Company.
The information contained in the attached Exhibits 99.2 and 99.3 is being furnished to Item 7.01 “Regulation FD Disclosure.” The information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.
Item 7.01.Financial Statements and Exhibits.
(a)Financial statements of businesses acquired.
Not applicable.
(b)Pro-forma financial information.
Not applicable.
(c)Shell company transactions.
Not applicable.
(d)Exhibits.
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99.1 |
Press release of Delek US Holdings, Inc. issued on August 2, 2017. |
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99.2 |
Unaudited Consolidated Financial Statements of Alon USA Energy, Inc. as of and for the three and six months ended June 30, 2017 |
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99.3 |
Supplemental unaudited operational and segment data of Alon USA Energy, Inc. as of and for the three and six months ended June 30, 2017 |
Delek US Holdings, Inc. ExhibitEX-99.1 2 dk-8kxex991earningsrelease.htm EXHIBIT 99.1 EARNINGS RELEASE Exhibit Exhibit 99.1Delek US Holdings Reports Second Quarter 2017 Results•Closed Alon transaction on July 1 creating a Permian-focused diversified downstream energy company •Focused on creating approximately $95.0 million of annual synergies•Ability to unlock value of increased logistics dropdown inventory•Financial flexibility with approximately $572 million of cash at June 30,…To view the full exhibit click here
About DELEK US HOLDINGS, INC. (NYSE:DK)
Delek US Holdings, Inc. is an integrated energy business focused on petroleum refining, the transportation, storage and wholesale of crude oil, intermediate and refined products and convenience store retailing. The Company operates through three segments: Refining, Logistics and Retail. Its Refining Segment operates independent refineries in Tyler, Texas, and El Dorado, Arkansas with a combined design crude distillation capacity of approximately 155,000 barrels per day (bpd). The Logistics Segment gathers, transports and stores crude oil and markets, distributes, transports and stores refined products in select regions of the southeastern United States and west Texas for both its refining segment and third parties. Its Retail Segment markets gasoline, diesel, other refined petroleum products and convenience merchandise through a network of over 360 Company-operated retail fuel and convenience stores located in Alabama, Arkansas, Georgia, Kentucky, Mississippi, Tennessee and Virginia.
