BRENTWOOD, Tenn.– October 31, 2016 — Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) today announced financial results for its third quarter ended September 30, 2016. Delek US reported a third quarter net loss of $(161.7) million, or $(2.61) per basic share, versus net income of $18.7 million, or $0.29 per diluted share, for the quarter ended September 30, 2015. On an adjusted basis, Delek US reported a net loss of $(11.3) million, or $(0.18) per basic share for the quarter ended September 30, 2016, compared to net income of $52.7 million, or $0.82 per diluted share on an adjusted basis in the prior year period. The adjustments for third quarter 2016 include, along with other non-cash items, an after-tax non-cash charge of $156.0 million, or $2.52 per share, related to an impairment of our investment in Alon USA. Reconciliations of GAAP earnings to adjusted earnings are included in the financial tables attached to this release.
