Home Newsfeeds Delek US Announces 2023 Capital Program, Sees $202M Total Budget For Refining Segment, $81M For Logistic Segment, $31M For Retail Segment, $36M Corporate Segment

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Delek US Announces 2023 Capital Program, Sees $202M Total Budget For Refining Segment, $81M For Logistic Segment, $31M For Retail Segment, $36M Corporate Segment

byMichael Horton

January 4, 2023

3 minute read

Today Delek US Holdings, Inc. (NYSE:DK) announced the 2023 capital spending budget of approximately $350 million on a consolidated basis. Growth capital is largely allocated toward expanding the gathering business in the Permian basin. Sustaining capital includes a planned turnaround at the Tyler Refinery in the first half of 2023.

The table below provides a breakdown of spending by segment as well as growth versus maintenance and regulatory spending.

Delek US – Capital Spending

($ in millions)		2023 Budget

Refining Segment
	Regulatory	$ 21
	Maintenance/Reliability/Sustaining	$ 176
	Growth	$ 5
	Total	$ 202

Logistic Segment
	Regulatory	$ 13
	Maintenance/Reliability/Sustaining	$ 2
	Growth	$ 66
	Total	$ 81

Retail Segment
	Regulatory	$ –
	Maintenance/Reliability/Sustaining	$ 27
	Growth	$ 4
	Total	$ 31

Corporate/Other
	Regulatory	$ 1
	Maintenance/Reliability/Sustaining	$ 33
	Growth	$ 2
	Total	$ 36

Consolidated
	Regulatory	$ 35
	Maintenance/Reliability/Sustaining	$ 238
	Growth	$ 77
	Total	$ 350

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Delek US Announces 2023 Capital Program, Sees $202M Total Budget For Refining Segment, $81M For Logistic Segment, $31M For Retail Segment, $36M Corporate Segment

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