Who Owns Delek US?
Delek US is the operating brand of Delek US Holdings, Inc. (NYSE: DK), a publicly traded downstream energy company headquartered in Brentwood, Tennessee. The brand covers four petroleum refineries and the company's wholesale fuels business, including Alon and DK branded fuel still supplied to former retail stores now owned by FEMSA's Oxxo. The parent reported $10.72 billion in revenue for FY2025.
Parent Company
Founded
2001
Status
Publicly Traded
Headquarters
United StatesOfficial Website
Who Owns Delek US?
- Parent Company: Delek US Holdings, Inc.
- Ownership Type: Brand division
- Company Type: Publicly Traded
- Stock Ticker: NYSE: DK
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Delek US | Delek US Holdings, Inc. | Brand division |
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History of Delek US
- Founded: 2001
- Founders: Delek Group Ltd.
The Delek name arrived in the American energy market in 2001, when Israel's Delek Group organized a US downstream subsidiary headquartered in Brentwood, Tennessee. Early operations combined small refining assets with convenience-store retail, a model built to give refinery output a guaranteed retail outlet.
The brand bought its first refinery at Tyler, Texas in 2005, and the company went public on the NYSE in May 2006. The El Dorado, Arkansas refinery came through the Lion Oil acquisition, consolidated by 2011, giving Delek a second inland refining hub.
July 2017 reshaped the brand entirely. Delek acquired the 53% of Alon USA Energy it did not own in a $530.7 million all-stock merger, adding the Big Spring, Texas and Krotz Springs, Louisiana refineries along with roughly 300 DK-branded convenience stores. The retail stores carried Alon's heritage, with many operating under 7-Eleven branding inherited from Alon's earlier licensing relationship.
The consumer-facing era ended in 2024. Delek sold all 249 stores to FEMSA subsidiary Emprex Proximity for about $385 million, with closing on September 30, 2024. FEMSA is converting the locations to its Oxxo banner, while a ten-year supply agreement keeps Alon and DK branded fuel flowing to the pumps. Since then Delek US has been a pure refining and logistics brand, posting record quarterly earnings in Q3 2026 on the strength of a 191% year-over-year rise in benchmark crack spreads and EPA small refinery exemptions.
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About Delek US Holdings, Inc.
What does Delek US own?
Delek US owns four petroleum refineries in Tyler and Big Spring, Texas; El Dorado, Arkansas; and Krotz Springs, Louisiana, plus logistics assets and a roughly 58% interest in Delek Logistics Partners (NYSE: DKL).
Is Delek US publicly traded?
Yes. Delek US Holdings trades on the New York Stock Exchange under ticker DK. It went public in May 2006.
Is Delek US related to Delek Group of Israel?
It was founded as the US downstream arm of Israel's Delek Group in 2001, but the two are now separate, unaffiliated public companies that happen to share a name.
Did Delek US sell its gas stations?
Yes. In October 2024 it sold 249 convenience stores to FEMSA for about $385 million. The stores are being rebranded to Oxxo, and Delek supplies their fuel under a ten-year agreement.
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How many refineries does Delek own?
Four, in Tyler and Big Spring, Texas; El Dorado, Arkansas; and Krotz Springs, Louisiana, with combined throughput capacity of roughly 302,000 barrels per day.
Who is the CEO of Delek US?
Avigal Soreq has been president and CEO since 2022. Ezra Uzi Yemin is executive chairman.
- Founded: 2001
- Headquarters: Brentwood, Tennessee, USA
- Company Type: Publicly Traded
- Stock: NYSE: DK
- Revenue: $10.72 billion (FY2025)
- Employees: 1,902
Where Is Delek US Made / Based?
- Headquarters: Brentwood, Tennessee, USA
- Manufacturing / Operations: Tyler, Texas, USA, Big Spring, Texas, USA, El Dorado, Arkansas, USA, Krotz Springs, Louisiana, USA
Delek US Categories & Tags
Delek US Sustainability & Ethics
As a refining brand, Delek US's environmental profile centers on refinery emissions, energy efficiency, and compliance with the federal Renewable Fuel Standard. The company operates a biodiesel facility at Crossett, Arkansas, and discloses emissions metrics in annual sustainability reporting.
The brand benefits financially from EPA small refinery exemptions, which relieved 2024 and 2025 blending obligations. Critics contend the exemptions undercut the renewable fuel program; the company argues compliance costs threaten small refinery viability.
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Delek US Recalls & Controversies
Refining brings routine regulatory exposure: air permit limits, wastewater discharge rules, and process safety requirements at each site. Delek refineries have faced periodic EPA and state enforcement actions consistent with industry norms, none rising to brand-defining scandal.
The more debated issue is the small refinery exemption program itself, which sits inside a long-running national fight between refiners and the ethanol industry over Renewable Fuel Standard obligations. Delek's successful exemption petitions, worth hundreds of millions in avoided costs, draw criticism from farm-state biofuel advocates.
Brands Owned by Delek US Holdings, Inc.
Energy UtilitiesAlon
Owned by Delek US Holdings, Inc.
Alon is Delek US Holdings' legacy Southwest fuel brand, launched in 2011 on stations that had run under the Fina name since 2000 and still supplied after the 2024 FEMSA retail sale.
fuelgasolinesouthwest
Energy UtilitiesDelek Logistics
Owned by Delek US Holdings, Inc.
Midstream energy brand of Delek Logistics Partners LP, the NYSE-listed MLP majority owned by Delek US Holdings, operating pipelines, terminals, and gathering systems.
midstreampipelinesoil-logistics
Energy UtilitiesDK
Owned by Delek US Holdings, Inc.
DK is Delek US Holdings' retail fuel brand, launched in 2019 and still supplied to hundreds of Southern US gas stations after the convenience store business was sold to FEMSA.
fuelgasolineconvenience
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Delek US Ownership: Pros & Cons
Advantages
- +Independent public company with a focused refining and logistics model
- +Refineries positioned in advantaged crude regions
- +Steady fee income from majority-owned Delek Logistics Partners
- +EPA exemptions and the $250 million optimization program cut costs
- +Balance sheet strengthening after record Q3 2026 results
Considerations
- -Earnings are highly cyclical, following crack spreads
- -No consumer retail presence since the 2024 FEMSA sale
- -Small scale relative to large refining competitors
- -Renewable fuel regulation remains a structural cost risk
- -Shared name with unrelated Israel's Delek Group causes occasional confusion
Frequently Asked Questions About Delek US
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Sources & Further Reading
Competitors to Delek US
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Phillips 66 | USA | 1875 | Mass market | United states | All Genders | |
| Exxon Mobil | USA | 1972 | Mass market | Global | All-ages | |
| Marathon Petroleum | USA | 1930 | Mass market | United states | All Genders | |
| Exxon Mobil | USA | 1966 | Premium | Global | All Genders | |
| Phillips 66 | USA | 1927 | Mass market | United states | All Genders | |
| Phillips 66 | USA | 1932 | Mass market | United states | All Genders |
Learn More About Competitors
Energy UtilitiesConoco
Owned by Phillips 66
Conoco is a historic American fuel brand owned by Phillips 66, fronting branded gas stations primarily in the western and midwestern United States.
fuelgasolinepetroleum
Energy UtilitiesExxon
Owned by Exxon Mobil Corporation
American petroleum fuel brand providing gasoline and diesel products globally, owned by Exxon Mobil Corporation (NYSE: XOM), one of the world's largest integrated energy companies.
fuelgasolinepetroleum
Energy UtilitiesMarathon
Owned by Marathon Petroleum Corporation
Marathon is the flagship fuel brand of Marathon Petroleum, fronting nearly 7,900 independently operated branded outlets across 40 states, DC, and Mexico.
fuelgasolinepetroleum
Energy UtilitiesMobil
Owned by Exxon Mobil Corporation
American petroleum fuel and lubricants brand owned by ExxonMobil, sold globally alongside Exxon and Esso-branded fuel stations and Mobil 1 synthetic motor oil.
fuelgasolinepetroleum
Energy UtilitiesPhillips 66
Owned by Phillips 66
Phillips 66 is the flagship fuel marketing brand of the downstream energy company of the same name, fronting about 7,620 branded US outlets alongside Conoco and 76.
fuelgasolinepetroleum
Energy Utilities76
Owned by Phillips 66
76 is a classic American fuel brand owned by Phillips 66, famous for its orange ball logo, fronting branded gas stations primarily in the western United States.
fuelgasolineclassic-brand
Competitive Analysis
Market Positioning: Delek US competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Independent Alternatives to Delek US
Looking for brands with different ownership structures? These similar brands are not owned by Delek US Holdings, Inc., giving you alternative choices that support different corporate structures.
Energy UtilitiesAdani Power
Owned by Adani Group
India's largest private thermal power producer, operating approximately 17,550 megawatts of installed capacity across eight states, listed on NSE and BSE.
power-generationenergythermal-power
Privately Owned
Adani Power is privately owned, unlike Delek US which is under a publicly traded parent company.
Energy UtilitiesCenex
Owned by CHS Inc.
American fuel, lubricant, and convenience store brand owned by CHS Inc., the nation's largest farmer-owned cooperative, operating roughly 1,400 locations across 19 states.
fuelgas-stationsconvenience-stores
Privately Owned
Cenex is privately owned, unlike Delek US which is under a publicly traded parent company.
Energy UtilitiesPhillips 66
Owned by Phillips 66
Phillips 66 is the flagship fuel marketing brand of the downstream energy company of the same name, fronting about 7,620 branded US outlets alongside Conoco and 76.
fuelgasolinepetroleum
Publicly Traded
Phillips 66 operates independently without a large parent corporation.
Energy UtilitiesAdani Green Energy
Owned by Adani Group
Adani Green Energy Limited (AGEL) is India's largest renewable energy company by installed capacity, listed on the National Stock Exchange and BSE. It develops, builds, and operates solar and wind power plants across India.
renewable-energysolarwind
Privately Owned
Adani Green Energy is privately owned, unlike Delek US which is under a publicly traded parent company.
Energy UtilitiesJSW Energy
Owned by JSW Group
JSW Energy Limited is an Indian independent power producer and subsidiary of JSW Group, operating thermal, hydro, solar, and wind assets with over 10 GW of installed capacity and a target of 30 GW by 2030.
renewable-energysolarwind
Privately Owned
JSW Energy is privately owned, unlike Delek US which is under a publicly traded parent company.
Energy UtilitiesPBF Energy
Owned by PBF Energy Inc.
Master brand of PBF Energy Inc., the independent petroleum refiner operating six US refineries producing unbranded transportation fuels.
petroleum-refiningfuelsenergy
Publicly Traded
PBF Energy operates independently without a large parent corporation.
Delek US Holdings, Inc. Stock Information
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