Delek Q4 Loss Narrower Than Expected, Revenues Lag Estimates
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Delek reported a narrower-than-expected loss for Q4, but its revenues fell short of estimates. The company projects a total crude throughput of 255,000-269,000 barrels per day and a total throughput of 278,000-292,000 barrels per day for Q1 2025.
February 28, 2025 | 12:30 pm
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Delek's Q4 loss was narrower than expected, but revenues lagged behind estimates. The company forecasts a crude throughput of 255,000-269,000 barrels per day for Q1 2025.
The narrower-than-expected loss is a positive sign, but the revenue miss tempers enthusiasm. The throughput forecast provides guidance for future performance, but the mixed results lead to a neutral short-term impact.
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