Latest news with #DelekUSHoldings
Business Wire
4 days ago
- Business
- Business Wire
Delek US Holdings to Host Second Quarter 2025 Conference Call on August 6 th
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE: DK) ('Delek US') today announced that the Company intends to issue a press release summarizing second quarter 2025 results before the U.S. stock market opens on Wednesday, August 6, 2025. A conference call to discuss these results is scheduled to begin at 10:00 a.m. CT (11:00 a.m. ET) on Wednesday, August 6, 2025. The live broadcast of this conference call will be available online by going to and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, and renewable fuels. The refining assets consist primarily of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day. The logistics operations include Delek Logistics Partners, LP (NYSE: DKL). Delek Logistics Partners, LP is a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets. Delek US Holdings, Inc. and its subsidiaries owned approximately 63.6% (including the general partner interest) of Delek Logistics Partners, LP as of February 18, 2025. Information about Delek US Holdings, Inc. can be found on its website ( investor relations webpage ( and news webpage (
Globe and Mail
7 days ago
- Business
- Globe and Mail
Analysts Offer Insights on Energy Companies: Chord Energy (CHRD), PBF Energy (PBF) and Delek US Holdings (DK)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Chord Energy (CHRD – Research Report), PBF Energy (PBF – Research Report) and Delek US Holdings (DK – Research Report). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Chord Energy (CHRD) Wells Fargo analyst Hanwen Chang maintained a Buy rating on Chord Energy yesterday and set a price target of $143.00. The company's shares closed last Monday at $106.72, close to its 52-week low of $99.40. According to Chang is a 1-star analyst with an average return of -1.1% and a 45.6% success rate. Chang covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Magnolia Oil & Gas, and Matador Resources. ;'> Currently, the analyst consensus on Chord Energy is a Strong Buy with an average price target of $129.40, implying a 19.0% upside from current levels. In a report issued on June 30, RBC Capital also maintained a Buy rating on the stock with a $145.00 price target. PBF Energy (PBF) In a report released yesterday, Roger Read from Wells Fargo maintained a Hold rating on PBF Energy, with a price target of $24.00. The company's shares closed last Monday at $26.97. According to Read is a 3-star analyst with an average return of 0.9% and a 54.4% success rate. Read covers the NA sector, focusing on stocks such as Calumet Specialty Products, Liberty Oilfield Services, and HF Sinclair Corporation. ;'> PBF Energy has an analyst consensus of Moderate Sell, with a price target consensus of $20.00, a -28.6% downside from current levels. In a report issued on July 8, Morgan Stanley also maintained a Hold rating on the stock with a $20.00 price target. Delek US Holdings (DK) Bank of America Securities analyst Jean Ann Salisbury maintained a Sell rating on Delek US Holdings yesterday and set a price target of $13.00. The company's shares closed last Monday at $26.20. According to Salisbury is a 4-star analyst with an average return of 9.2% and a 65.2% success rate. Salisbury covers the NA sector, focusing on stocks such as Venture Global, Inc. Class A, Enterprise Products Partners, and Cheniere Energy Partners. ;'> The word on The Street in general, suggests a Hold analyst consensus rating for Delek US Holdings with a $18.00 average price target, a -32.0% downside from current levels. In a report issued on July 10, Morgan Stanley also maintained a Sell rating on the stock with a $15.00 price target.
Yahoo
14-07-2025
- Business
- Yahoo
Delek Executives Boost Holdings Amid Market Uncertainty and Earnings Pressure
Delek US Holdings, Inc. (NYSE:DK) is one of the . The stock is experiencing mixed ratings, with raised price targets, following a challenging first quarter of 2025 earnings results. A tanker ship at sea with a landscape of oil derricks in the background. With headquarters in Tennessee, the downstream energy company, Delek US Holdings, Inc. (NYSE:DK), operates four inland refineries (~302,000 bpd capacity), asphalt production facilities, renewable fuels plants, and logistics assets. Focus lies in processing light crude into transportation fuel, lubricants, and petrochemical feedstocks, and distributing them via pipelines, terminals, trucking, and rail. The Q1 2025 earnings report of Delek US Holdings, Inc. (NYSE:DK) showed a net loss of $173 million and an adjusted net loss of $144 million during the quarter. Owing to seasonal low demand trends, the company's supply and marketing operations generated a loss of $23.7 million, despite making significant progress in improving operational performance. Following these results, some analysts from firms including Scotiabank and Piper Sandler reaffirmed their Hold rating on the stock. On June 11, 2025, Wells Fargo maintained a Sell rating on the stock but raised the price target from $11 to $15. Significant purchases during the month of March have slightly increased the insider transaction by 1.14% in the last six months, suggesting a certain level of insider confidence, thus leading to the entry of Delek US Holdings, Inc. (NYSE:DK) in our list of 10 energy stocks with insider buying. While we acknowledge the potential of DK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best High Risk Penny Stocks to Invest in and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
15-05-2025
- Business
- Business Insider
Wells Fargo Sticks to Their Sell Rating for Delek US Holdings (DK)
In a report released yesterday, Roger Read from Wells Fargo maintained a Sell rating on Delek US Holdings (DK – Research Report), with a price target of $11.00. The company's shares closed yesterday at $17.46. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter According to TipRanks, Read is a 3-star analyst with an average return of 1.3% and a 48.89% success rate. Read covers the Energy sector, focusing on stocks such as Devon Energy, HF Sinclair Corporation, and Occidental Petroleum. In addition to Wells Fargo, Delek US Holdings also received a Sell from TD Cowen's Jason Gabelman in a report issued on May 8. However, on May 13, Mizuho Securities upgraded Delek US Holdings (NYSE: DK) to a Buy. DK market cap is currently $991.7M and has a P/E ratio of -1.37. Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DK in relation to earlier this year. Most recently, in March 2025, Ezra Uzi Yemin, the Chairman of DK bought 4,875.00 shares for a total of $75,026.25.
Yahoo
14-05-2025
- Business
- Yahoo
Delek US Holdings, Inc. (DK): One of the Underperforming Stocks Targeted By Short Sellers
We recently published a list of . In this article, we are going to take a look at where Delek US Holdings, Inc. (NYSE:DK) stands against other underperforming stocks targeted by short sellers. Short interest refers to the percentage of publicly available shares that have been sold short. It is an indicator used by many investors to determine how strong a company's bear thesis may be. Due to the nature of short selling, the short interest has become a popular indicator among investors. The reason it is given so much weightage is that people betting against a stock have usually done solid research and are confident of a company's downfall. They take unlimited risk, so when big investors or the smart money shorts a stock, people take notice. They try to unearth the red flags that may have prompted the high short interest. We decided to dig deeper and try to find out where smart money sees trouble ahead. To come up with our list of 20 underperforming stocks targeted by short sellers, we looked at the worst-performing stocks of the last six months and then ranked them by the short interest. A tanker ship at sea with a landscape of oil derricks in the background. Short interest: 14.72% 6 months' performance: -23.47% Delek US Holdings, Inc. (NYSE:DK) operates a downstream energy business. It generates its revenue through the Logistics and Refining segments. The company serves independent refiners, government, oil companies, distributors, independent retail fuel operators, transportation companies, and others. 2024 proved to be a tough year for the company. It reported a 28.18% YoY annual revenue decline accompanied by a 10.5% YoY cash balance decrease. Delek's EBITDA went down by 108.96% YoY, indicating a significant decline. Although DK is focused on increasing cash flows in FY 2025, considering current conditions, it seems a bit challenging for the company. Delek US Holdings, Inc. (NYSE:DK) reiterated its 2025 guidance on the earnings call yesterday. For now, the company is focused on improving cash flows through cost controls and operational improvements. The firm has faced lower production margins per barrel of crude oil over the past few years, mainly in its El Dorado refinery. The company's supply and wholesale segments are also struggling. Due to the decreasing demand trends, these segments generated a loss of approximately $34 million. The firm keeps expanding losses in the supply business, which is putting pressure on profits and encouraging traders to short the stock. Overall, DK ranks 15th on our list of underperforming stocks targeted by short sellers. While we acknowledge the potential of DK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than DK but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
