Delek US Holdings Inc. (DK), a diversified downstream energy company, Wednesday reported first-quarter net income of $78 million or $1.28 per share, compared with $46 million or $0.79 per share last year. The growth was mainly due to higher refining margins.
Revenues for the quarter were $2.32 billion, compared with $2.17 billion in the prior year.
Analysts polled by Thomson Reuters estimated earnings of $1.14 per share on revenues of $2.01 billion for the quarter. Analysts' estimates typically exclude special items.
Delek's board declared a quarterly cash dividend of $0.15 per share, up 50 percent increase from the previous dividend. The dividend is payable June 18 to shareholders of record May 28.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.