Posted: 05/28/2025 07:19 am
Delek US Holdings, Inc., a prominent player in the petroleum refining industry, has drawn attention with the substantial compensation package awarded to its Chief Executive Officer and President, Avigal Soreq, in 2024. With a considerable focus on stock awards, Soreq's total compensation amounted to approximately $6.68 million. Breaking down this figure, Soreq's salary was reported at $900,000, accompanied by a $441,000 bonus. The remarkable highlight of his compensation package was the stock award valued at over $5.28 million^1. This strategic allocation indicates Delek's substantial emphasis on aligning executive incentives with shareholder interests.
Despite the robust compensation awarded to its executive, Delek has faced challenging times financially, as reflected in its recent quarterly reports. The company's first-quarter 2025 performance reported a loss wider than anticipated and revenues that fell short of estimates^2. This financial struggle contrasts with the optimism that Delek had showcased earlier, when it declared a quarterly dividend of $0.255 per share, indicating confidence in its future profitability and commitment to rewarding shareholders^3.
The company's mixed performance is also echoed in its stock market behavior. On May 9, 2025, Delek's stock price was observed at $19.78, experiencing a positive change of 1.85% despite the broader economic challenges^4. However, the earnings per share (EPS) stood at a negative $12.20, highlighting ongoing financial hurdles^5. The market's reaction seemed somewhat muted, possibly buoyed by anticipations and strategic directional shifts that Delek might be considering in the wake of its Q1 results. The company's forward-looking plan indicated an expectation of crude throughput in the range of 292,000-308,000 barrels per day for the second quarter of 2025, as it seeks to stabilize and improve operational efficiency^6.
As the company continues to navigate these complexities, its leadership remains a crucial focal point. The upcoming earnings announcement scheduled for August 2025 may provide another platform for Delek to address these challenges and offer strategic insights^7. Until then, stakeholders will likely scrutinize Delek's approach to balancing executive compensation, operational performance, and shareholder returns in a volatile industry environment.
1. SEC Archives. (2025). Executive compensation details. [SEC.gov](https://www.sec.gov/Archives/edgar/data/1694426/000114036125009658/0001140361-25-009658-index.htm).
2. Zacks.com. (2025, May 9). Delek Q1 Loss Wider Than Expected, Revenues Lag Estimates. [Zacks.com](https://www.zacks.com/stock/news/2465815/delek-q1-loss-wider-than-expected-revenues-lag-estimates?cid=CS-STOCKNEWSAPI-FT-analyst_blog|earnings_article-2465815).
3. Delek US Holdings, Inc. (2025, February 18). Delek US Holdings, Inc. Announces Quarterly Dividend. [Business Wire](https://www.businesswire.com/news/home/202502181908/en/Delek-US-Holdings-Inc-Announces-Quarterly-Dividend).
4. Stock snapshot provided.
5. Stock snapshot provided.
6. Zacks.com. (2025, April 30). Delek US Holdings Expected to Beat Earnings Estimates: Should You Buy? [Zacks.com](https://www.zacks.com/stock/news/2459117/delek-us-holdings-dk-expected-to-beat-earnings-estimates-should-you-buy?cid=CS-STOCKNEWSAPI-FT-tale_of_the_tape|yseop_template_9-2459117).
7. Business Wire. (2025, April 15). Delek US Holdings to Host First Quarter 2025 Conference Call on May 7th. [Business Wire](https://www.businesswire.com/news/home/20250415321632/en/Delek-US-Holdings-to-Host-First-Quarter-2025-Conference-Call-on-May-7th/).
