Brentwood, Tennessee., January 4, 2023 /PRNewswire/ — Today, Delek US Holdings, Inc. (NYSE: DK) announced its 2023 capital spending budget $350 million Consolidated basis. Growth funds will be allocated primarily to the expansion of collection operations in the Permian Basin. The maintenance capital includes the rebuilding of the Tyler Refinery, which is scheduled for the first half of 2023.
The table below shows the breakdown of spending by segment and growth versus maintenance and regulatory spending.
|
Delek US – Capital Investment |
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|
(one million dollars) |
2023 budget |
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|
refine segment |
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|
regulation |
$21 |
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|
Maintenance, Reliability, Sustainability |
$176 |
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|
growth |
$5 |
|||
|
total |
$202 |
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|
Logistics department |
||||
|
regulation |
$13 |
|||
|
Maintenance, Reliability, Sustainability |
2 dollars |
|||
|
growth |
$66 |
|||
|
total |
$81 |
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|
retail segment |
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|
regulation |
$- |
|||
|
Maintenance, Reliability, Sustainability |
$27 |
|||
|
growth |
4 dollars |
|||
|
total |
$31 |
|||
|
Corporation/Other |
||||
|
regulation |
1 dollar |
|||
|
Maintenance, Reliability, Sustainability |
$33 |
|||
|
growth |
2 dollars |
|||
|
total |
$36 |
|||
|
Linking |
||||
|
regulation |
$35 |
|||
|
Maintenance, Reliability, Sustainability |
$238 |
|||
|
growth |
$77 |
|||
|
total |
$350 |
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About Derek US Holdings
Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, asphalt, renewable fuels and convenience store retail.Refining assets consist of refineries operating in Tyler When big spring, texas, Eldorado, Arkansas When Clots Springs, Louisiana It has a total nameplate crude processing capacity of 302,000 barrels per day.
The convenience store retail business operates approximately 250 convenience stores in the central and western regions. texas When new mexico.
Logistics operations consist of Delek Logistics Partners, LP (“Delek Logistics”). Delek US and its affiliates also own general partner and approximately 80% limited partner interests in Delek Logistics. Delek Logistics is a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets.
Safe Harbor Concerning Forward-Looking Statements
This press release contains forward-looking statements based on current expectations, which involve a number of risks and uncertainties. Statements regarding current estimates, expectations and projections regarding future results, performance, prospects, opportunities, plans, actions and events and other statements, concerns or matters that are not historical facts are referred to as “forward-looking statements”. Yes, the terms are defined below. Federal Securities Law. Investors are cautioned that risks, particularly those described in our filings with the U.S. Securities and Exchange Commission, may affect these forward-looking statements. Forward-looking statements are not guarantees of future performance or results and do not indicate precisely when or when such performance or results will be achieved. Forward-looking information is based on management’s good faith beliefs regarding information available at the time and/or future events and may cause actual performance or results to differ materially from those expressed in the statements. Subject to certain risks and uncertainties. We will update or revise such forward-looking statements to reflect events or circumstances that occur or become known to us after the date hereof, except as required by applicable law or regulation. shall have no obligations.
Source: Derek US Holdings, Inc.
