9-May-2024
Delek US Holdings: A Sell Rating Amidst Marginal Earnings and Competitive Challenges
TipRanks (Fri, 10-May 1:57 AM ET)
Scotiabank Keeps Their Hold Rating on Delek US Holdings (DK)
TipRanks (Wed, 8-May 7:07 AM ET)
Analysts Offer Insights on Energy Companies: Genesis Energy (GEL) and Delek US Holdings (DK)
TipRanks (Wed, 8-May 5:20 AM ET)
RCON, CRGY among major energy gainers; HNRA, NINE among major losers
Seeking Alpha News (Tue, 7-May 2:00 PM ET)
Delek US Holdings Q1 Earnings Call and Investor Information
TipRanks (Tue, 7-May 10:12 AM ET)
Delek US Non-GAAP EPS of -$0.41 beats by $0.08, revenue of $3.23B misses by $50M
Seeking Alpha News (Tue, 7-May 7:13 AM ET)
Delek US Holdings Reports First Quarter 2024 Results
Business Wire (Tue, 7-May 7:00 AM ET)
Delek US Q1 2024 Earnings Preview
Seeking Alpha News (Mon, 6-May 12:11 PM ET)
Notable earnings before Tuesday's open
Seeking Alpha News (Mon, 6-May 11:08 AM ET)
Delek US Holdings Increases Regular Quarterly Dividend
Business Wire (Thu, 2-May 5:10 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 9, 2024, DK stock price climbed to $28.00 with 844,147 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 $1.80 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 +32.7%, while the SPY ETF gained +28.2%. However, in the most recent history, DK shares have underperformed the stock market with its stock returning -0.7% in the last 3 month period and -4.4% for the last 2 week period, while SPY has returned +4.1% and +3.3%, respectively.
DK support price is $27.25 and resistance is $28.43 (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.