Delek US Holdings, Inc. (NYSE:DK) Q4 2023 Earnings Call Transcript

Avigal Soreq: So in fact it was not a midcycle environment. We want to do it from free cash flow. So we are committed to this and the find — do you have in finding more will depend on market condition as opposed to project market condition. And I’m optimistic about market condition, but you will hold me to that number and I don’t want to be held to a number that the market conditions driven. You need to understand the state of mind is find ways to bring return to shareholder. On the short term, medium term and long term and we are committed to all of them. And you have seen that as you have seen us demonstrate that Jason last year very nicely. We did. We did exactly what we said we’re going to do and we will keep doing what we say it was going to do.

Jason Gabelman: Okay. Understood. And maybe just your comment on demand that you’re seeing in the niche markets that you operate in?

Avigal Soreq: And so I think there’s there was enough discussion by the weather in everyone of course — we are not going to talk about weather. Other than weather we have a very good niche market and we are very blessed and optimistic on that.

Jason Gabelman: Okay. Thanks.

Avigal Soreq: You bet.

Operator: [Operator Instructions] There are no further questions at this time. I would now like to turn the conference over to Avigal. Please proceed.

Avigal Soreq: Thank you. I would like to thank my colleagues around the table for great quarter, to thank the Board of Directors, our investors who joined us for this call. And most importantly to our employees that make this company what it is and we’ll talk to you again in the next call. Thank you, operator.

Operator: Thank you. Ladies and gentlemen this concludes your conference call for today. We thank you for participating and ask that you please disconnect your lines.