- 15 Nov
Delek US Retail Fuel Margins At $.196 Per Gallon In Q3
Delek US announced in its 2010 Q3 results that retail fuel margins increased to 19.6 cents per gallon with total gallons sold of 108.2m across their 420 c-store locations. That works out to be 85,873 gallons per month at each store.
Their retail fuel margin of 19.6 cents per gallon is 1.6 cents up from their retail fuel margins for the same quarter last year. Delek attributed their retail fuel margin gains to their E-10 blended fuel program and their strategic fuel price management efforts.
Same store fuel gallons sold increased 5.2% in the quarter. Their total number of c-stores was down to 420 locations from 452 locations the previous year. Delek operates under the MAPCO brand name in the Southeast US, more than half of which are in Tennessee.
These earnings reflect another data point as evidence to a strong 2010 across the retail fuel industry.