Delek U.S. Holdings

Delek U.S. Holdings is a diversified downstream energy company with assets in petroleum refining, renewable fuels, asphalt, logistics, wholesale marketing operations and c-store retailing. The c-store business operates locations in central and west Texas and New Mexico under the new DK store banner. The retailer entered the Arkansas market in late 2022 with two stores opening in disparate parts of the state.

In 2023, the company announced a capital spending budget of approximately $350 million on a consolidated basis. Growth capital was largely allocated toward expanding its business in the Permian basin, with budgeted amounts going towards its refinery operations, logistics and retail segment. Despite allocating $4 million to retail growth, its retail store count remained the same from 2022 to the end of 2023.

In 2022, Delek relaunched its High Octane Rewards program through Philadelphia-based Stuzo, a provider of loyalty, digital payments and software. Within the first 10 months after Delek switched to its new system, High Octane Rewards active members increased per day by 262% and grew monthly loyalty transactions by 188%.

For benchmarking purposes, store counts are as of Jan. 1, 2024.