Delek US Holdings (DK) News
Market Cap: $968.20M
Avg Volume: 1.46M
Industry: Oil & Gas Refining & Marketing
Sector: Energy
Delek US Holdings (DK) Up 6.1% Since Last Earnings Report: Can It Continue?
Delek US Holdings (DK) reported earnings 30 days ago. What's next for the stock?
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2 Dividend Stocks That Could Potentially Double Soon (26-33% Free Cash Flow Yields)
One stock is trading at just 44% of NAV, with a free cash flow yield over 30% — and a path to possibly doubling in the near future. Another has a publicly traded holding worth more than its market cap and trades at less than 33% of its estimated NAV. These two 6%-yielders could potentially deliver 100% upside in 1-3 years — without chasing hype or mega-cap tech.
seekingalpha.com
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The More They Drop, The More I Buy (Up To 11% Yields)
These 4 dividend stocks have dropped sharply. Here's why they are worth doubling down on. Buy the dip in these high-yield stocks before the market catches on—valuation resets could drive big upside.
seekingalpha.com
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Delek Q4 Loss Narrower Than Expected, Revenues Lag Estimates
DK expects a total crude throughput of 255,000-269,000 barrels per day and a total throughput of 278,000-292,000 barrels per day in the first quarter of 2025.
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Delek US Holdings (DK) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Delek US Holdings (DK) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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Delek US Holdings (DK) Reports Q4 Loss, Misses Revenue Estimates
Delek US Holdings (DK) came out with a quarterly loss of $2.54 per share versus the Zacks Consensus Estimate of a loss of $2.89. This compares to loss of $1.46 per share a year ago.
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Delek US Holdings Reports Fourth Quarter 2024 Results
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE: DK) (“Delek US”, "Company") today announced financial results for its fourth quarter ended December 31, 2024. “Despite challenging market conditions, 2024 was a transformation year during which we have made significant progress in achieving our Sum of the Parts goals and improving the overall profitability of the company,” said Avigal Soreq, President and Chief Executive Officer of Delek US. “After announcing the EOP plan in Sept.
businesswire.com
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Delek US Holdings, Inc. Announces Quarterly Dividend
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE:DK) (“Delek”) today announced that its Board of Directors has approved a quarterly dividend of $0.255 per share, to be paid on March 10, 2025, to shareholders as of record on March 3, 2025. 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.
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10% Yields With Lower Risk: 3 Rare Buying Opportunities You Can't Ignore
These 3 high-yield stocks offer double-digit payouts while keeping risk in check—find out why the market is mispricing them. A government-backed REIT, a powerhouse midstream MLP, and a rock-solid BDC—all yielding 10%+ and primed for growth. Investors rarely get opportunities like this—here's how to lock in sustainable 10%+ yields before the market catches on.
seekingalpha.com
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Why Now is the Right Time to Hold Delek US Holdings Stock
DK shows promise with strong liquidity, shareholder returns and Permian Basin assets, but refining setbacks and market volatility raise concerns for the future.
zacks.com
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If I Could Only Buy One 10%+ Yielding MLP And BDC
It is rare to find sustainable 10%+ yields from common equities. However, there are exceptions to this. We share our favorite 10%+ yielding MLP and BDC right now.
seekingalpha.com
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Delek US Holdings, Inc. to Report Fourth-Quarter 2024 Financial Results on February 25, 2025
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE:DK) (“Delek”) today announced that the Company intends to issue a press release summarizing fourth-quarter 2024 results before the U.S. stock market opens on Tuesday, February 25, 2025. A conference call to discuss these results is scheduled to begin at 10:00 a.m. CT on Tuesday, February 25, 2025. Interested parties may listen to the conference call by visiting Delek's website at www.DelekUS.com and clicking on Events & Presen.
businesswire.com
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Huge Yields And Big Buybacks: Stocks I Am Buying Hand-Over-Fist
Investing in high dividend yields and large buyback stocks reduces speculation, ensuring attractive total returns with minimal growth needed. Huge capital returns to shareholders via dividends and buybacks also typically imply a solid balance sheet and significant management confidence in the business. I share three deeply undervalued opportunities that offer high yields and are buying back a lot of stock.
seekingalpha.com
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2 Very Overrated And 1 Very Underrated Big Dividend Growth Stocks
High dividend yield stocks with consistent growth are attractive ways to grow wealth and passive income over time. However, not all high-yield dividend growth stocks are good buys at all times. I share 2 that seem very overrated and 1 that seems very underrated by Mr. Market right now.
seekingalpha.com
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5 Broker-Loved Stocks to Keep An Eye On in the New Year
Investors should monitor stocks like American Airlines, ABM, A.P. Moller-Maersk, Delek US Holdings and Asbury for high returns.
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Wolfe upgrades Delek US to Peer Perform, says value based on Logistics stake
Wolfe Research upgraded Delek US (DK) to Peer Perform from Underperform. At current levels, the entire value of Delek is its 66.3% interest in Delek Logistics (DKL), the analyst tells investors in a research note. Valued on an after tax basis with no debt is essentially where Delek trades, the analyst added, noting that a negative call on refining is priced in and options on a seasonal recovery or progress on its Enterprise Optimization Plan as upside. Delek US + Delek Logistics -0.27 (-0.64%)
https://thefly.com
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Here's Why Hold Strategy Is Apt for Delek US Holdings Stock Now
DK capitalizes on logistics growth and deconsolidation but faces risks from volatile refining margins, high debt and limited growth in refining operations.
zacks.com
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Delek US Holdings (DK) Up 5% Since Last Earnings Report: Can It Continue?
Delek US Holdings (DK) reported earnings 30 days ago. What's next for the stock?
zacks.com
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Delek US Holdings: Dividends Are Safe For Now
Delek US Holdings endured negative operating cash flow during Q2 and Q3 2024 due to weakening refining margins. Despite this cash burn and the potential for a downturn during 2025, it seems their dividends are safe for now. Management made sustaining their dividends their "first" priority, which is supported by their ample liquidity and no short-term debt maturities.
seekingalpha.com
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Delek Q3 Loss Narrower Than Expected, Revenues Lag Estimates
DK expects a total crude throughput of 255,000-269,000 barrels per day and a total throughput of 265,000-276,000 barrels per day in the fourth quarter.
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10-12% Yields: The More They Drop, The More I Buy
The market has been soaring lately due to Fed rate cuts, lowered recession fears, and a Republican sweep of the November elections. However, there are still some very compelling high-yield opportunities available. We discuss two 10-12% yields that are growing their payouts, have strong balance sheets, and defensive business models that the market seems to have overlooked.
seekingalpha.com
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Delek US Holdings, Inc. (DK) Q3 2024 Earnings Call Transcript
Delek US Holdings, Inc. (NYSE:DK ) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Robert Wright - Deputy Chief Financial Officer Avigal Soreq - President and Chief Executive Officer Joseph Israel - Executive Vice President, Operations Mark Hobbs - Executive Vice President, Corporate Development Mohit Bhardwaj - Senior Vice President, Strategy and Growth Conference Call Participants Neil Mehta - Goldman Sachs Manav Gupta - UBS Matthew Blair - TPH Joe Leach - Morgan Stanley Doug Leggate - Wolfe Research Roger Read - Wells Fargo Jason Gabelman - TD Cowen Operator Thank you for standing by. My name is Jael and I'll be your conference operator today.
seekingalpha.com
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Delek US Holdings (DK) Reports Q3 Loss, Misses Revenue Estimates
Delek US Holdings (DK) came out with a quarterly loss of $1.45 per share versus the Zacks Consensus Estimate of a loss of $1.71. This compares to earnings of $2.02 per share a year ago.
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Delek US Holdings Reports Third Quarter 2024 Results
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE: DK) (“Delek US”, "Company") today announced financial results for its third quarter ended September 30, 2024. “We are excited about the significant progress we have made on i. our 'Sum of the Parts' efforts, ii. Operational improvements & iii. Cost reductions,” said Avigal Soreq, President and Chief Executive Officer of Delek US. “After closing the transactions we announced with our last earnings call, we are currently focuse.
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Analysts Estimate Delek US Holdings (DK) to Report a Decline in Earnings: What to Look Out for
Delek US Holdings (DK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
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11-14% Yielding Dividend Growers: 2 To Buy And 1 To Sell
High-yield dividend growth stocks can make for exceptional passive income machines and wealth-compounding instruments. However, exceptionally high yields demand extra caution from investors. We discuss two 11%+ yields that, we think, are worth buying and one that we rate as a sell.
seekingalpha.com
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Buy The Dip: Big Dividend Stocks Getting Way Too Cheap
After a fierce rally in big dividend stocks, some have pulled back sharply. This article discusses two of them. One is a powerful dividend growth stock that also offers a high yield, and the other is also growing its payout consistently and yields over 11%.
seekingalpha.com
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Delek US Holdings, Inc. Announces Closing of Sale of Retail Assets to FEMSA
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE:DK) (“Delek”) announced today the closing of the previously announced sale of 100% of the equity interests in the Delek subsidiaries that operate Delek's retail business (“Delek US Retail”) to a subsidiary of FEMSA (NYSE:FMX) for cash consideration of approximately $385 million, including the purchase of inventories. Avigal Soreq, President, and Chief Executive Officer of Delek, said, “The completion of the sale of Delek US Retail.
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Buy The Dip: 10% Yields Getting Way Too Cheap
The high-yield space has undergone a sharp bifurcation recently. We discuss what this bifurcation is and what is driving it. We discuss two quality and growing 10%-yields that are way too cheap right now.
seekingalpha.com
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Delek US Holdings to Host Third Quarter 2024 Conference Call on November 6th
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) today announced that the Company intends to issue a press release summarizing third quarter 2024 results before the U.S. stock market opens on Wednesday, November 6, 2024. A conference call to discuss these results is scheduled to begin at 9:00 a.m. CT (10:00 a.m. ET) on Wednesday, November 6, 2024. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the.
businesswire.com
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Delek's Subsidiary Acquires EIV Capital's H2O Midstream for $230M
DK's subsidiary Delek Logistics acquires H2O Midstream for $230 million, expanding its water management services in the Permian Basin.
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Delek US Holdings (DK) Up 1% Since Last Earnings Report: Can It Continue?
Delek US Holdings (DK) reported earnings 30 days ago. What's next for the stock?
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Making Sense of Delek US Holdings' $400M Stock Buyback Plan
DK's latest repurchase expansion is supported by cash reserves of more than $650 million.
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Delek (DK) Q2 Loss Narrower Than Expected, Sales Decline Y/Y
Delek (DK) expects a total crude throughput of 290,000-305,000 barrels per day and a total throughput of 301,000-315,000 barrels per day in the third quarter.
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Delek US Holdings, Inc. (DK) Q2 2024 Earnings Call Transcript
Delek US Holdings, Inc. (NYSE:DK ) Q2 2024 Earnings Conference Call August 6, 2024 12:00 PM ET Company Participants Robert Wright - Deputy Chief Financial Officer Avigal Soreq - President & Chief Executive Officer Joseph Israel - Executive Vice President-Operations Reuven Spiegel - Executive Vice President & Chief Financial Officer Mark Hobbs - Executive Vice President-Corporate Development Conference Call Participants Manav Gupta - UBS Joe Leach - Morgan Stanley Neil Mehta - Goldman Sachs Matthew Blair - TPH John Royall - JPMorgan Roger Read - Wells Fargo Paul Cheng - Scotiabank Jason Gabelman - TD Cowen Operator Ladies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today.
seekingalpha.com
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Delek US Holdings (DK) Reports Q2 Loss, Tops Revenue Estimates
Delek US Holdings (DK) came out with a quarterly loss of $0.92 per share versus the Zacks Consensus Estimate of a loss of $1.42. This compares to earnings of $1 per share a year ago.
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Delek (DK) to Sell Its Retail Business to Mexican Conglomerate
Delek's (DK) sale of its retail business to the Mexican conglomerate, FEMSA (FMX), should provide it with a competitive partner for increasing its retail fuel sales.
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FEMSA to enter the Convenience Store Industry in the United States
MONTERREY, Mexico, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that it has entered into definitive agreements with Delek US Holdings, Inc. (“Delek”) (NYSE: DK), to acquire Delek's retail operations, consisting of 249 convenience stores located mainly in Texas, for a total amount of US$385 million dollars on a cash-free, debt-free basis, including the purchase of inventories.
globenewswire.com
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Definitive Agreement Signed for FEMSA's Acquisition of Retail Assets from Delek US
NASHVILLE, Tenn--(BUSINESS WIRE)--FEMSA (NYSE:FMX) and Delek US Holdings, Inc. (NYSE:DK) (“Delek”) have entered into a definitive agreement, whereby a subsidiary of FEMSA will acquire 100% of the equity interests in the Delek subsidiaries that operate Delek's retail business (“Delek US Retail”) for cash consideration of $385 million (the “Transaction”), including the purchase of inventories. The transaction is anticipated to close sometime late in the third quarter or in the fourth quarter 2024.
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Earnings Preview: Delek US Holdings (DK) Q2 Earnings Expected to Decline
Delek US Holdings (DK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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New Strong Sell Stocks for July 24th
DK, HDB and LADR have been added to the Zacks Rank #5 (Strong Sell) List on July 24, 2024.
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Delek US Holdings to Host Second Quarter 2024 Conference Call on August 6th
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 2024 results before the U.S. stock market opens on Tuesday, August 6, 2024. A conference call to discuss these results is scheduled to begin at 11:00 a.m. CT (12:00 p.m. ET) on Tuesday, August 6, 2024. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the inves.
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Analyst Downgrades? 3 Stocks to Bet Against the Bears and Bag Big Gains
On Wall Street, analyst downgrades often trigger alarm bells, leading to short-term declines in the share price of such downgraded stocks. Yet many investors regard those analyst downgrades as potential long-term stocks to buy.
investorplace.com
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Top 3 Energy Stocks Which Could Rescue Your Portfolio In June
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
benzinga.com
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3 Energy Stocks to Monitor After Pullbacks From 52-Week Highs
MPC, OVV and DK are three energy stocks that investors may want to keep an eye on for a possible run-up following the market correction.
zacks.com
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Why Is Delek US Holdings (DK) Down 9.4% Since Last Earnings Report?
Delek US Holdings (DK) reported earnings 30 days ago. What's next for the stock?
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7 Oil Stocks to Watch as Middle East Politics Take Center Stage
For a consistently cynical take, it's difficult to ignore the viability of oil stocks to watch. In particular, the hydrocarbon sector cooled off, only to spike back up as tensions in the Middle East flared again.
investorplace.com
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5 Broker-Favorite Stocks to Watch Amid Current Uncertainty
Keep a tab on stocks like American Public (APEI), American Axle (AXL), Alaska Air (ALK), Delek US Holdings (DK) and Warner Bros. Discovery (WBD) as they are broker favorites.
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Delek (DK) Q1 Loss Narrower Than Expected, Sales Decline Y/Y
Delek (DK) expects capital expenditures of approximately $330 million, including $220 million for Refining and $70 million for Logistics, for full-year 2024.
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Delek US Holdings Reports First Quarter 2024 Results
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE: DK) (“Delek US”, "Company") today announced financial results for its first quarter ended March 31, 2024. “We are proud of our operational excellence progress that reflects favorable EHS performance trends,” said Avigal Soreq, President and Chief Executive Officer of Delek US. “We navigated regional demand headwinds early in the quarter and delivered solid operational performance. This resulted in a quarter that was in line with.
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Delek US Holdings Increases Regular Quarterly Dividend
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (the “Company” or “Delek US”) announced that its Board of Directors has approved a $0.005 per share increase in the regular quarterly dividend to $0.25 per share, to be paid on May 24, 2024, to shareholders of record on May 17, 2024. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, renewable fuels and convenience store retailing. The.
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Earnings Preview: Delek US Holdings (DK) Q1 Earnings Expected to Decline
Delek US Holdings (DK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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5 Broker-Admired Stocks That Investors Need to Watch
We believe that one should keep a tab on stocks like General Motors (GM), CVR Energy (CVI), Delek US Holdings (DK), American Airlines (AAL) and Ford Motors (F).
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Delek US Holdings to Host First Quarter 2024 Conference Call on May 7th
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) today announced that the Company intends to issue a press release summarizing first quarter 2024 results before the U.S. stock market opens on Tuesday, May 7, 2024. A conference call to discuss these results is scheduled to begin at 10:00 a.m. CT (11:00 a.m. ET) on Tuesday, May 7, 2024. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor rel.
businesswire.com
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3 Energy Stocks Short Sellers Are Drilling Into: Is the Rally Running on Empty?
Investors are getting excited about the energy sector. The price of crude oil has topped $86 per barrel once again and is now at its highest level in months.
investorplace.com
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Delek US Holdings (DK) Up 24.3% Since Last Earnings Report: Can It Continue?
Delek US Holdings (DK) reported earnings 30 days ago. What's next for the stock?
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Delek Logistics Partners, LP Announces Closing of Public Offering of Common Units and Full Exercise of Underwriters' Option to Purchase Additional Units
BRENTWOOD, Tenn. , March 12, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") announced today that it has closed its previously announced underwritten public offering of 3,584,416 common units representing limited partner interests in Delek Logistics, including 467,532 common units sold pursuant to the underwriters' full exercise of their option to purchase additional common units, at a price of $38.50 per unit.
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Delek Logistics Partners, LP and Delek Logistics Finance Corp. Announce Results of Tender Offer for Any and All of their Outstanding 6.75% Senior Notes due 2025
BRENTWOOD, Tenn. , March 11, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") and Delek Logistics Finance Corp., a subsidiary of Delek Logistics (together with Delek Logistics, the "Offerors"), announced today that they have received, as of 5:00 p.m.
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Delek Logistics Partners, LP Announces Pricing of Public Offering of Common Units
BRENTWOOD, Tenn. , March 7, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") announced today the pricing of its underwritten public offering of 3,116,884 common units representing limited partner interests in Delek Logistics at $38.50 per unit.
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Delek Logistics Partners, LP Announces Proposed Public Offering of Common Units
BRENTWOOD, Tenn. , March 7, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") announced today that it has commenced an underwritten public offering of $120,000,000 of common units representing limited partner interests in Delek Logistics pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission (the "SEC").
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Delek US Holdings: Potential SOTP Unlock Play
Delek is an integrated energy company trading at a significant discount despite consistently returning capital and seeking to unlock discount SOTP. Investor concerns over high debt load and complex holding structure overlook the fact that most debt is non-recourse while DK's net debt is minimal. Management is progressing in the value-unlocking process, and if successful, there is potential for a 47% upside from current levels.
seekingalpha.com
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Delek (DK) Q4 Earnings Miss Estimates, Sales Decline Y/Y
Delek (DK) expects capital expenditures of approximately $330 million, including $220 million for refining and $70 million for logistics, for full-year 2024.
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Delek Logistics Partners, LP Announces Pricing of Upsized Offering of $650 Million of Senior Notes
BRENTWOOD, Tenn. , Feb. 28, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek Logistics, priced an upsized offering of $650 million in aggregate principal amount of 8.625% senior notes due 2029 (the "Notes") at par.
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Delek Logistics Partners, LP and Delek Logistics Finance Corp. Announce Tender Offer for Any and All of their Outstanding 6.75% Senior Notes due 2025
BRENTWOOD, Tenn. , Feb. 28, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") and Delek Logistics Finance Corp., a subsidiary of Delek Logistics (together with Delek Logistics, the "Offerors"), announced today that they have commenced a cash tender offer (the "Offer") for any and all of their outstanding 6.75% Senior Notes due 2025 (the "Notes"), upon the terms and conditions set forth in the Offer to Purchase, dated as of February 28, 2024, and the related Letter of Transmittal and Notice of Guaranteed Delivery (the "Offer Documents").
prnewswire.com
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Delek Logistics Partners, LP Announces Proposed Offering of $550 Million of Senior Notes
BRENTWOOD, Tenn. , Feb. 28, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek Logistics, intends to offer $550 million in aggregate principal amount of senior notes due 2029 (the "Notes") in a private placement to eligible purchasers, subject to market conditions.
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Delek US Holdings (DK) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Delek US Holdings (DK) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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Delek US Holdings Reports Fourth Quarter 2023 Results and 2024 Capital Program
Fourth Quarter Net loss of $164.9 million or $2.57 per share, adjusted net loss of $93.2 million or $1.46 per share, adjusted EBITDA of $60.6 million Returned $35.4 million to shareholders through dividends and share buybacks Reduced debt by $38.2 million Refining delivered record total throughput rate Logistics achieved another record quarter Increased regular quarterly dividend to $0.245 per share in February Full-Year 2023 Net income of $19.8 million or $0.30 per share, adjusted net income of $196.6 million or $2.98 per share, adjusted EBITDA of $949.7 million Returned $145.7 million to shareholders through dividends and share buybacks Reduced debt by $453.9 million Successfully executed major turnaround at Tyler Refinery and ran refining system at record total throughput Significantly grew logistics gathering and processing volumes Delivered one of Delek's safest years 2024 Capital Program 2024 capital expenditures are estimated to be approximately $330 million, including $220 million for refining and $70 million for logistics BRENTWOOD, Tenn. , Feb. 27, 2024 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US", "Company") today announced financial results for its fourth quarter ended December 31, 2023.
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Will Delek US Holdings (DK) Beat Estimates Again in Its Next Earnings Report?
Delek US Holdings (DK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Delek's (DK) Refinery to Pioneer DOE Carbon Capture Project
Delek US Holdings (DK) believes that the project will position it as a frontrunner in the ongoing energy transition.
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Delek US Holdings' Big Spring Refinery Selected by the Department of Energy for Carbon Capture Project
BRENTWOOD, Tenn. , Feb. 2, 2024 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that it has been selected by the Department of Energy's (DOE) Office of Clean Energy Demonstrations to negotiate a cost-sharing agreement in support of a carbon capture pilot project in the Big Spring refinery.
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Delek US Holdings to Host Fourth Quarter 2023 Conference Call on February 27th
BRENTWOOD, Tenn. , Jan. 26, 2024 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that the Company intends to issue a press release summarizing fourth quarter 2023 results before the U.S. stock market opens on Tuesday, February 27, 2024.
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Delek Logistics Partners, LP to Host Fourth Quarter 2023 Conference Call on February 27th
BRENTWOOD, Tenn. , Jan. 26, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing fourth quarter 2023 results before the U.S. stock market opens on Tuesday, February 27, 2024.
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Plant overhauls to cut US gasoline stocks: Refinery chiefs
Valero Energy Corp , the second largest U.S. oil refiner, on Thursday joined rivals in forecasting refinery maintenance will cut into U.S. gasoline inventories that have kept retail prices low.
reuters.com
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Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.055 per Common Limited Partner Unit
BRENTWOOD, Tenn. , Jan. 24, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the fourth quarter 2023 of $1.055 per common limited partner unit, or $4.22 per common limited partner unit on an annualized basis.
prnewswire.com
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Refining & Marketing Landscape Augurs Well for These 4 Stocks
Following a careful analysis of the Zacks Oil and Gas - Refining & Marketing industry, we advise focusing on companies like MUSA, PBF, CVI and DK.
zacks.com
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Why Is Delek US Holdings (DK) Down 1.3% Since Last Earnings Report?
Delek US Holdings (DK) reported earnings 30 days ago. What's next for the stock?
zacks.com
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Oil Price Tick Lower on Inventory Gain, OPEC Speculation
With oil trading below $80, we advise investors to buy stocks like Delek US Holdings (DK), EOG Resources (EOG) and Murphy Oil (MUR) at bargain prices.
zacks.com
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Oil Price Tumbles Below $75 With Production at Record Levels
With oil prices plunging, we advise investors to buy stocks like Delek US Holdings (DK), EOG Resources (EOG) and Civitas Resources (CIV)) at bargain prices.
zacks.com
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Delek US (DK) Q3 Earnings and Revenues Surpass Estimates
Delek US (DK) anticipates capital expenditures in the range of $380-$390 million for fiscal 2023.
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Should Value Investors Buy Delek US Holdings (DK) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Delek US Holdings, Inc. (DK) Q3 2023 Earnings Call Transcript
Delek US Holdings, Inc. (NYSE:DK ) Q3 2023 Earnings Conference Call November 7, 2023 11:00 AM ET Company Participants Rosy Zuklic - Vice President-Investor Relations Avigal Soreq - President & Chief Executive Officer Joseph Israel - Executive Vice President-Operations Reuven Spiegel - Executive Vice President & Chief Financial Officer Mark Hobbs - Executive Vice President-Corporate Development Conference Call Participants Manav Gupta - UBS Neil Mehta - Goldman Sachs Ryan Todd - Piper Sandler Doug Leggate - Bank of America Matthew Blair - Tudor, Pickering, Holt Paul Cheng - Scotiabank Roger Read - Wells Fargo John Royall - JPMorgan Jason Gabelman - Cowen Operator Good day, and welcome to the Delek US Third Quarter earnings Conference Call. All participants will be in listen-only mode.
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Compared to Estimates, Delek US Holdings (DK) Q3 Earnings: A Look at Key Metrics
The headline numbers for Delek US Holdings (DK) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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Expect an Earnings Beat From These 4 Energy Companies in Q3
Energy stocks like REPX, CIVI, DK and DVN have the potential to deliver better-than-expected Q3 earnings.
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Delek US Holdings (DK) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Delek US Holdings (DK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Why Delek US Holdings (DK) is Poised to Beat Earnings Estimates Again
Delek US Holdings (DK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.045 per Common Limited Partner Unit
BRENTWOOD, Tenn. , Oct. 25, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the third quarter 2023 of $1.045 per common limited partner unit, or $4.18 per common limited partner unit on an annualized basis.
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These 3 Refining & Marketing Stocks Could be Huge Winners
Considering the bullish outlook of the Zacks Oil and Gas - Refining & Marketing industry, we advise loading up on companies like PBF, CVI and DK.
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Best Income Stocks to Buy for October 16th
OPI, BRY and DK made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 16, 2023.
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Delek US Holdings to Host Third Quarter 2023 Conference Call on November 7th
BRENTWOOD, Tenn. , Oct. 10, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that the Company intends to issue a press release summarizing third quarter 2023 results before the U.S. stock market opens on Tuesday, November 7, 2023.
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Delek Logistics Partners, LP to Host Third Quarter 2023 Conference Call on November 7th
BRENTWOOD, Tenn., Oct. 10, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing third quarter 2023 results before the U.S. stock market opens on Tuesday, November 7, 2023.
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5 Stocks Favored by Brokers Amid the Current Turbulence
We believe that stocks like CVR Energy (CVI), Delek US Holdings (DK), Bread Financial (BFH), Dish Network (DISH) and Cardinal Health (CAH) should be on an investor's watchlist.
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5 Broker-Friendly Stocks to Watch as Uncertainty Prevails
We believe that stocks like CVR Energy (CVI), Delek US Holdings (DK), Bread Financial (BFH), Dish Network (DISH) and Avnet (AVT) should be on an investor's watchlist.
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Energy Income Weekly: The Energy Sector Starts To Outperform
Energy was the best-performing S&P 500 sector, notably outperforming technology shares. The fundamental setup for oil and oil-related equities remains bullish. Energy stocks are likely to continue to outperform as higher oil prices raise concerns about inflation and higher interest rates.
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Refiner Stocks Surge on Diesel Price Spike
Refineries are benefiting from a shift in crude exports. Both Saudi Arabia and Russia have cut their oil production---to prop up oil prices.
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5 Broker-Favored Stocks to Watch as Market Volatility Returns
We believe that stocks like CVR Energy (CVI), Fluor (FLR), Delek US Holdings (DK), Bread Financial (BFH) and Avnet (AVT) should be on an investor's watchlist.
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Delek US (DK) Q2 Earnings and Revenues Surpass Estimates
Delek US (DK) plans to spend $350 million on capital expenditures for 2023, including $202 million for Refining, $81 million for Logistics, $31 million for Retail and $36 million for Corporate/Other.
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Delek US Holdings, Inc. (DK) Q2 2023 Earnings Call Transcript
Delek US Holdings, Inc. (NYSE:DK ) Q2 2023 Earnings Conference Call August 7, 2023 11:00 AM ET Company Participants Rosy Zuklic - VP, IR Avigal Soreq - President and CEO Joseph Israel - EVP, Operations Mark Hobbs - EVP, Corporate Development Reuven Spiegel - EVP and CFO Conference Call Participants Manav Gupta - UBS Matthew Blair - Tudor, Pickering, Holt Nicolette Slusser - Goldman Sachs Doug Leggate - Bank of America Ryan Todd - Piper Sandler Roger Read - Wells Fargo Paul Cheng - Scotiabank Jason Gabelman - Cowen Operator Good morning and welcome to the Delek US Holdings Second Quarter earnings Conference Call. All participants will be in listen-only mode.
seekingalpha.com
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Delek US Holdings (DK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Delek US Holdings (DK) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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Delek US Holdings (DK) Q2 Earnings and Revenues Surpass Estimates
Delek US Holdings (DK) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $4.40 per share a year ago.
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