BRENTWOOD, Tenn., Jan. 4, 2023
/PRNewswire/ -- Today Delek US Holdings, Inc. (NYSE: DK) announced
the 2023 capital spending budget of approximately $350 million on a consolidated basis. Growth
capital is largely allocated toward expanding the gathering
business in the Permian basin. Sustaining capital includes a
planned turnaround at the Tyler Refinery in the first half of 2023.
The table below provides a breakdown of spending by segment as
well as growth versus maintenance and regulatory spending.
|
Delek US - Capital
Spending
|
|
|
|
|
|
|
|
($ in
millions)
|
|
2023
Budget
|
|
|
|
|
|
|
|
Refining
Segment
|
|
|
|
|
Regulatory
|
|
$
21
|
|
|
Maintenance/Reliability/Sustaining
|
|
$
176
|
|
|
Growth
|
|
$
5
|
|
|
Total
|
|
$
202
|
|
|
|
|
|
|
|
Logistic
Segment
|
|
|
|
|
Regulatory
|
|
$
13
|
|
|
Maintenance/Reliability/Sustaining
|
|
$
2
|
|
|
Growth
|
|
$
66
|
|
|
Total
|
|
$
81
|
|
|
|
|
|
|
|
Retail
Segment
|
|
|
|
|
Regulatory
|
|
$
-
|
|
|
Maintenance/Reliability/Sustaining
|
|
$
27
|
|
|
Growth
|
|
$
4
|
|
|
Total
|
|
$
31
|
|
|
|
|
|
|
|
Corporate/Other
|
|
|
|
|
Regulatory
|
|
$
1
|
|
|
Maintenance/Reliability/Sustaining
|
|
$
33
|
|
|
Growth
|
|
$
2
|
|
|
Total
|
|
$
36
|
|
|
|
|
|
|
|
Consolidated
|
|
|
|
|
Regulatory
|
|
$
35
|
|
|
Maintenance/Reliability/Sustaining
|
|
$
238
|
|
|
Growth
|
|
$
77
|
|
|
Total
|
|
$
350
|
|
About Delek US Holdings, Inc.
Delek US Holdings, Inc.
is a diversified downstream energy company with assets in petroleum
refining, logistics, asphalt, renewable fuels and convenience store
retailing. The refining assets consist of refineries operated
in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined
nameplate crude throughput capacity of 302,000 barrels per day.
The convenience store retail business operates approximately 250
convenience stores in central and west Texas and New
Mexico.
The logistics operations consist of Delek Logistics Partners, LP
("Delek Logistics"). Delek US and its affiliates also own the
general partner and an approximate 80 percent limited partner
interest in Delek Logistics. Delek Logistics is a growth-oriented
master limited partnership focused on owning and operating
midstream energy infrastructure assets.
Safe Harbor Provisions Regarding Forward-Looking
Statements
This press release contains forward-looking
statements that are based upon current expectations and involve a
number of risks and uncertainties. Statements concerning current
estimates, expectations and projections about future results,
performance, prospects, opportunities, plans, actions and events
and other statements, concerns, or matters that are not historical
facts are "forward-looking statements," as that term is defined
under the federal securities laws. Investors are cautioned that
risks described in the Company's filings with the United States
Securities and Exchange Commission, among others, may affect these
forward-looking statements. Forward-looking statements should not
be read as a guarantee of future performance or results and will
not be accurate indications of the times at, or by, which such
performance or results will be achieved. Forward-looking
information is based on information available at the time and/or
management's good faith belief with respect to future events, and
is subject to risks and uncertainties that could cause actual
performance or results to differ materially from those expressed in
the statements. The Company undertakes no obligation to update or
revise any such forward-looking statements to reflect events or
circumstances that occur or that the Company becomes aware of after
the date hereof, except as required by applicable law or
regulation.
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SOURCE Delek US Holdings, Inc.
