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Delek US Holdings, Inc. Message Board

  • imadtchdgr imadtchdgr Sep 26, 2011 11:35 AM Flag

    What am I missing.

    If Delek makes their numbers for the year at the current price the stock would be selling at a PE of 3 to 4. The earnings revisions keep going up and the stock is not following. Yeah I understand the issue with Cushing, if they can figure out how to get all of the oil to the coast the WTI/Brent spread calapses. The barge companies (Kirby, etc) are jumping into hauling crude so they obviously do not think that the inbalance is going to correct anytime soon otherwise it would not be worth the effort and risk of capital. So what am I missing.

 
DK
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