Delek US Holdings, Inc. (NYSE:DK) Q2 2022 Earnings Conference Call August 4, 2022 11:00 AM ET
Company Participants
Blake Fernandez - Senior Vice President, Investor Relations and Market Intelligence
Uzi Yemin - Executive Chairman
Avigal Soreq - President and CEO
Todd O’Malley - EVP and Chief Operating Officer
Conference Call Participants
Carly Davenport - Goldman Sachs
Manav Gupta - Credit Suisse
Roger Read - Wells Fargo
Matthew Blair - Tudor, Pickering & Holt
Kalei Akamine - Bank of America
Jason Gabelman - Cowen
Paul Cheng - Scotiabank
Operator
Good day and welcome to the Delek US Holdings Second Quarter 2022 Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.
I would now like to turn the conference over to Blake Fernandez. Please go ahead.
Blake Fernandez
Good morning. I would like to thank everyone for joining us on today’s conference call and webcast to discuss Delek US Holdings’ second quarter ‘22 financial results. Joining me on today’s call is; Uzi Yemin, Executive Chairman; Avigal Soreq, President and CEO; Todd O’Malley, EVP and Chief Operating Officer; as well as other members of our management team. The presentation materials used during today’s call could be found on the Investor Relations section of the Delek US website.
As a reminder, this conference call may contain forward-looking statements as that term is defined under Federal Securities laws. Please see Slide 2 for the Safe Harbor statement. In addition to reporting financial results in accordance with Generally Accepted Accounting Principles or GAAP, we report certain non-GAAP financial results.
Investors are encouraged to review the reconciliation of these non-GAAP financial measures to the comparable GAAP results, which can be found in the press release posted on the Investor Relations section of our website. Our prepared remarks are being made assuming that the earnings release has been reviewed, and we are covering less segment and market information than is incorporated into the press release.
On today’s call, we’ll begin with comments from both Uzi and Avigal, then Todd will review financial performance and capitalization, and I will cover guidance and CapEx, and then we’ll turn it over for a Q&A session.
With that, I’ll turn it to Uzi.
Uzi Yemin
Thank you, Blake and good morning, everybody. I would like to take this opportunity to thank the Board of Directors, our investors and the employees for all their support over the past 20 years. I know many of you said your goodbye to me on last quarter’s conference call, and I really appreciated those kind words. I look forward to remaining accessible and offering any strategic oversight in my role as Executive Chairman. Delek is in strong position financially and it’s an opportune time to hand the reins over to our new CEO, Avigal Soreq.