13-May-2024
TipRanks (Mon, 13-May 6:50 PM ET)
Delek US Holdings: A Sell Rating Amidst Marginal Earnings and Competitive Challenges
TipRanks (Fri, 10-May 1:57 AM ET)
Delek US Holdings Reports First Quarter 2024 Results
Business Wire (Tue, 7-May 7:00 AM ET)
Delek US Holdings Increases Regular Quarterly Dividend
Business Wire (Thu, 2-May 5:10 PM ET)
Business Wire (Thu, 25-Apr 6:13 PM ET)
Business Wire (Fri, 12-Apr 6:09 PM ET)
Business Wire (Fri, 12-Apr 9:14 AM ET)
Delek Logistics Partners, LP to Host First Quarter 2024 Conference Call on May 7th
Business Wire (Mon, 8-Apr 5:47 PM ET)
Delek US Holdings to Host First Quarter 2024 Conference Call on May 7th
Business Wire (Fri, 5-Apr 4:13 PM ET)
Delek US Holdings Inc is an integrated energy business focused on petroleum refining, transportation and storage; wholesale crude oil, intermediate, and refined products, and convenience stores retailing. The company owns and operates independent refineries that produce a variety of petroleum products for transportation and industrial markets in the United States. Delek's logistics segment sells portions of the petroleum products its refineries produce. The logistics segment generates revenue through gathering, transporting, and storing crude oil and intermediate products, as well as by marketing, storing, and distributing refined products. The company also offers a collection of retail fuel and convenience stores operating in the Southeast region of the United States.
Delek US Hldgs trades on the NYSE stock market under the symbol DK.
As of May 13, 2024, DK stock price declined to $27.50 with 828,139 million shares trading.
DK has a beta of 0.42, meaning it tends to be less sensitive to market movements. DK has a correlation of 0.02 to the broad based SPY ETF.
DK has a market cap of $1.76 billion. This is considered a Small Cap stock.
Last quarter Delek US Hldgs reported $3 billion in Revenue and -$.41 earnings per share. This fell short of revenue expectation by $-52 million and exceeded earnings estimates by $.04.
In the last 3 years, DK stock traded as high as $35.45 and as low as $13.48.
The top ETF exchange traded funds that DK belongs to (by Net Assets): VTI, VB, IWM, XOP, VBR.
DK has outperformed the market in the last year with a return of +28.0%, while the SPY ETF gained +27.8%. However, in the most recent history, DK shares have underperformed the stock market with its stock returning -2.4% in the last 3 month period and -6.3% for the last 2 week period, while SPY has returned +4.3% and +2.5%, respectively.
DK support price is $27.11 and resistance is $28.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DK stock will trade within this expected range on the day.