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Delek Group Announces Consolidated Second Quarter 2019 Results

Delek US Holdings, Inc. (DK) 
Last delek us holdings, inc. earnings: 2/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: delekus.gcs-web.com/investor-overview
Company Research Source: PR Newswire
TEL AVIV, Israel, Aug. 29, 2019 /PRNewswire/ -- Delek Group Ltd. (TASE: DLEKG) (US ADR: DGRLY), ("Delek Group" or "The Group") this morning reported its results for the second quarter ending June 30, 2019. The full financial statements will be available in English on Delek Group's website at: www.delek-group.com2Q 2019 Highlights -  Net income for 2Q19 amounted to NIS 190 million, up 12% compared with NIS 170 million in 2Q18; the E&P sector contributed NIS 85 million to net income-  The Leviathan project is 90% complete, and remains on schedule for gas sales to begin during 4Q19;  completion of the EMG pipeline transaction is scheduled for the end of September 2019-  The acquisition of Chevron's North Sea assets is expected to close during 4Q19, marking a significant step in Delek Group's strategy of becoming a pure-play international energy firm Group revenues in 2Q19 totaled NIS 2,103 million compared with NIS 2,074 million in the same period last year, an increase of 19%. Reve Show less Read more
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