Company: DK
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001694426-25-000112
Chunk: 229

Company: Delek US Holdings, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 229
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 fuel, asphalt and other petroleum-based products that are distributed through owned and third-party product terminals. The refining segment has a combined nameplate capacity of 302,000 bpd as of June 30, 2025. A high-level summary of the refinery activities is presented below:

Tyler, Texas refinery (the "Tyler refinery")El Dorado, Arkansas refinery (the "El Dorado refinery")Big Spring, Texas refinery (the "Big Spring refinery")Krotz Springs, Louisiana refinery (the "Krotz Springs refinery")Total Nameplate Capacity (bpd)75,00080,00073,00074,000Primary ProductsGasoline, jet fuel, ultra-low-sulfur diesel, liquefied petroleum gases, propylene, petroleum coke and sulfurGasoline, jet fuel,  ultra-low-sulfur diesel, liquefied petroleum gases, propylene, asphalt and sulfurGasoline, jet fuel, ultra-low-sulfur diesel, liquefied petroleum gases, propylene, aromatics and sulfurGasoline, jet fuel, high-sulfur diesel, light cycle oil, liquefied petroleum gases, propylene and ammonium thiosulfateRelevant Crack Spread BenchmarkGulf Coast 5-3-2Gulf Coast 5-3-2 (1)Gulf Coast 3-2-1 (2)Gulf Coast 2-1-1 (3)Marketing and DistributionThe refining segment's petroleum-based products are marketed primarily in the south central and southwestern regions of the United States, and the refining segment also ships and sells gasoline into wholesale markets in the southern and eastern United States. In addition, we sell motor fuels through our wholesale distribution network on an unbranded basis.

(1) While there is variability in the crude slate and the product output at the El Dorado refinery, we compare our per barrel refined product margin to the U.S. Gulf Coast ("Gulf Coast") 5-3-2 crack spread because we believe it to be the most closely aligned benchmark. 

(2) Our Big Spring refinery is capable of processing substantial volumes of sour crude oil, which has historically cost less than intermediate, and/or substantial volumes of sweet crude oil, and therefore the WTI Cushing/ West Texas Sour ("WTS") price differential, taking into account differences in production yield, is an important measure for helping us make strategic, market-respondent production decisions. 

(3) The Krotz Springs refinery has the capability to process substantial volumes