Delek US Holdings, Inc. (DK) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

If you would like to withdraw your question, simply press star one again. I would now like to turn the conference over to Robert Wright, Deputy Chief Financial Officer. You may begin. Good morning and welcome to the DellIC-US second quarter earnings conference call. Participants joining me on today's call will include Abigail Sorik, President and CEO, Joseph Israel, EVP Operations, and Mark Hobbs, EVP and Chief Financial Officer. Today's presentation material can be found on the investor relations section of the DellIC-US website. Slide two contains our safe harbor statement regarding forward-looking comments. Any forward-looking information shared during today's call will involve risks and uncertainties that may cause actual results to differ materially from today's comments. Factors that could cause actual results to differ are included here as well as within our SEC filing. The company assumes no obligation to update any forward-looking statements. I will now turn the call over to Abigail for opening remarks. Abigail? Thank you, Robert. Good morning and thank you for joining us today. DellIC continue on its transformational journey during the second quarter by making progress on several key strategic initiatives. We have made excellent progress on our enterprise optimization plan. Given the progress we have made so far, we are increasing our guidance on EOP to 130 to 170 million dollar on a run rate basis. Some of the part effort also continues to progress well. During the quarter, we completed our inter-company agreement, worked on raising liquidity at DKL and made great progress in increasing the economic separation between DK and DKL. As I always do, I will give an update on our key long-term priorities in more detail. First, self and reliable operations. We ha...