Delek’s refining yields
Delek US Holdings’ (DK) refining operations yielded 54% gasoline in 2Q16 at both the refineries. DK also produced diesel and jet fuel to the tune of 39% and 37% at the Tyler and the El Dorado refineries in 2Q16, respectively. Of the total production at the El Dorado refinery, Delek also produced around 6% asphalt. Everything else being equal, the higher the production of high-value lighter products, the better the refining margins.
Delek’s gasoline production rose 2% YoY at the Tyler refinery, but diesel and jet fuel production fell 6% each at both the Tyler and the El Dorado refineries.