DK - Delek US Holdings, Inc.

NYSE - NYSE Delayed Price. Currency in USD
17.38
+1.38 (+8.62%)
At close: 4:00PM EDT
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Commodity Channel Index

Commodity Channel Index

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close16.00
Open15.83
Bid0.00 x 900
Ask0.00 x 800
Day's Range15.83 - 17.40
52 Week Range7.79 - 44.08
Volume1,113,950
Avg. Volume1,503,057
Market Cap1.278B
Beta (5Y Monthly)2.02
PE Ratio (TTM)N/A
EPS (TTM)-2.05
Earnings DateAug 03, 2020 - Aug 07, 2020
Forward Dividend & Yield1.24 (7.75%)
Ex-Dividend DateMay 19, 2020
1y Target Est22.00
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
28% Est. Return
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  • Hedge Funds Keep Selling Delek US Holdings, Inc. (DK)
    Insider Monkey

    Hedge Funds Keep Selling Delek US Holdings, Inc. (DK)

    We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]

  • Delek (DK) Issues Updates on Wink-to-Webster, Red River JVs
    Zacks

    Delek (DK) Issues Updates on Wink-to-Webster, Red River JVs

    With the expansion of the Red River pipeline, Delek's (DK) shipment capacity will be boosted from 35,000 boe/d to 100,000 boe/d.

  • GlobeNewswire

    Delek US Holdings to Participate in Energy Industry Conferences

    BRENTWOOD, Tenn., June 05, 2020 -- Delek US Holdings, Inc. (“Delek US”) (NYSE: DK) today announced that members of management will participate in the Wells Fargo Virtual West.

  • Why Is Delek US Holdings (DK) Up 6.6% Since Last Earnings Report?
    Zacks

    Why Is Delek US Holdings (DK) Up 6.6% Since Last Earnings Report?

    Delek US Holdings (DK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Zacks.com featured highlights include: Delek US, Clearwater Paper, Arrow Electronics, Century Aluminum and Asbury Automotive Group
    Zacks

    Zacks.com featured highlights include: Delek US, Clearwater Paper, Arrow Electronics, Century Aluminum and Asbury Automotive Group

    Zacks.com featured highlights include: Delek US, Clearwater Paper, Arrow Electronics, Century Aluminum and Asbury Automotive Group

  • Carl Icahn's Firm Buys Hertz, Occidental
    GuruFocus.com

    Carl Icahn's Firm Buys Hertz, Occidental

    Icahn Capital Management releases portfolio updates for 1st quarter Continue reading...

  • GlobeNewswire

    Delek US Announces Agreement to Dropdown Trucking Assets to Delek Logistics

    Delek US Holdings, Inc. (DK) (“Delek US”) and Delek Logistics Partners, LP (DKL) (“Delek Logistics”) today announced an agreement for the dropdown of certain trucking assets to Delek Logistics for total consideration of $48 million in cash. The transaction is effective May 1, 2020, and is expected to be immediately accretive to Delek Logistics' distributable cash flow per unit. Approximately 80 – 85% of this EBITDA guidance is supported by a minimum revenue commitment from Delek US.

  • Carl Icahn Initiates Position in Delek US Holdings, Boosts Occidental Petroleum
    SmarterAnalyst

    Carl Icahn Initiates Position in Delek US Holdings, Boosts Occidental Petroleum

    Investing guru Carl Icahn has initiated a position in Delek US Holdings (DK), a 13F SEC filing confirms. The 84-year old snapped up 10.5 million DK shares, with a value of $166,000, during the 3-months ended 2020Q1. In March, Icahn revealed a 14.8% stake in Delek, leading the company to adopt a shareholder rights plan.“We have no choice but to take action to prevent a creeping change of control without a premium and on terms that would not deliver sufficient value for all shareholders,” Delek stated at the time.As well as Delek, Icahn also boosted his position in Occidental Petroleum (OXY) by 66 million shares (or 293%), Welbilt (WBT) by 2 million, Newell Brands (NWL) by 2.5 million, the beleaguered car rental company Hertz Global Holdings (HTZ) by 11 million, and Cheniere Energy (LNG) by 0.5 million. At the time of the filing, his total portfolio of 19 stocks was worth $18 billion.Occidental Petroleum is Icahn’s fifth biggest portfolio holding with a total of 88.6 million shares, making up 5.70% of the total portfolio. “While the stock remains somewhat of an option value given massive debt, we believe shares would react positively if all debt is pushed out beyond five years,” SunTrust analyst Neal Dingmann commented recently, as he upgraded the stock from Sell to Hold with a $13 price target.Aside from OXY, Icahn’s number one stock remains Icahn Enterprises, with CVR Energy (CVI) in second place- and Icahn has already stated that Delek “could present an excellent synergistic acquisition opportunity” for CVI.Delek recently announced that it closed the sale of the Bakersfield refinery for $40 million in cash. With the sale, DK expects to eliminate $14 million in annual operating expense and eliminate certain environmental obligations and asset retirement liability reserves on the balance sheet.“We think this is positive for DK, as we expect most (like us) ascribed zero value to the Bakersfield asset. This represents “found money” of more than $0.50 per share, and while there might be some tax leakage, opex savings would increase that figure” cheered RBC Capital Brad Heffern on May 7.Nonetheless he reiterated his Hold rating on the stock with a $16 price target, explaining that “DK does have some sum-of-the-parts upside, but we see the company potentially struggling to unlock this.” Shares in Delek have plummeted 47% on a year-to-date basis, and the stock shows a Hold analyst consensus.In the last three months the stock has received 8 hold ratings vs just 1 buy and 3 sells. The $20 average analyst price target indicates 15% upside potential lies ahead. (See Delek stock analysis on TipRanks).Related News: Hertz Reveals Weak Q1 Earnings; ‘Going Concern’ Update Uber Announces $750M Notes Offering, As GrubHub Takeover Reports Swirl Zoom’s Expansion Plans Feature Two New R&D Centers, Hiring Hundreds More recent articles from Smarter Analyst: * Agilent Up 5% On Solid Revenue Beat, But Top Analysts Stay Cautious * Facebook-Backed Reliance Launches Powerful Online Grocery Service In India * European Launch of Kylie Skin Boosts Coty Stock by 15% * Boeing Cuts 25% Of Its Workforce At Winnipeg Site; Top Analyst Slashes PT To $155

  • Delek (DK) Q1 Loss Wider Than Expected Due to Weak Refining
    Zacks

    Delek (DK) Q1 Loss Wider Than Expected Due to Weak Refining

    Delek's (DK) total expenses in the first quarter jumps 10.4% from the prior-year period to $2,182.7 million.

  • Analyst Estimates: Here's What Brokers Think Of Delek US Holdings, Inc. (NYSE:DK) After Its First-Quarter Report
    Simply Wall St.

    Analyst Estimates: Here's What Brokers Think Of Delek US Holdings, Inc. (NYSE:DK) After Its First-Quarter Report

    Delek US Holdings, Inc. (NYSE:DK) shareholders are probably feeling a little disappointed, since its shares fell 4.0...

  • Delek US Holdings (DK) Q1 2020 Earnings Call Transcript
    Motley Fool

    Delek US Holdings (DK) Q1 2020 Earnings Call Transcript

    Image source: The Motley Fool. Delek US Holdings (NYSE: DK)Q1 2020 Earnings CallMay 06, 2020, 9:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for standing by and welcome to the Delek US first-quarter 2020 earnings call.

  • GlobeNewswire

    Delek US Holdings Announces Closing of Bakersfield Refinery Sale

    With the sale, Delek expects to eliminate approximately $14 million in annual operating expenses related to the business. Additionally, the closing of the transaction will allow Delek to eliminate certain environmental and asset retirement liability reserves currently on the balance sheet.

  • Moody's

    Delek US Holdings, Inc. -- Moody's rates Delek US Holdings' incremental term loan B1

    Moody's Investors Service (Moody's) assigned a B1 rating to Delek US Holdings, Inc.'s (Delek) proposed $200 million incremental term loan due 2025. The net proceeds from the term loan issuance will be used for general corporate purposes.

  • Delek US Holdings (DK) Reports Q1 Loss, Tops Revenue Estimates
    Zacks

    Delek US Holdings (DK) Reports Q1 Loss, Tops Revenue Estimates

    Delek US Holdings (DK) delivered earnings and revenue surprises of -77.55% and 44.58%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Delek US Holdings Reports First Quarter 2020 Results

    Reported first quarter net loss of $(314.4) million and Adjusted EBITDA of $(29.7) millionReducing 2020 capital expenditures by approximately $75 million representing a 23%.

  • GlobeNewswire

    Delek Logistics Partners, LP Reports First Quarter 2020 Results

    Reported first quarter net income attributable to all partners of $27.8 million; EBITDA increased 23.5% year-over-yearLimited Partners' interest in net income increased.

  • Is Delek US Holdings, Inc. (NYSE:DK) Expensive For A Reason? A Look At Its Intrinsic Value
    Simply Wall St.

    Is Delek US Holdings, Inc. (NYSE:DK) Expensive For A Reason? A Look At Its Intrinsic Value

    How far off is Delek US Holdings, Inc. (NYSE:DK) from its intrinsic value? Using the most recent financial data, we'll...

  • GlobeNewswire

    Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.89 per Common Limited Partner Unit

    This distribution represents a 0.6 percent increase from the distribution for the fourth quarter 2019 of $0.885 per common limited partner unit ($3.54 per common limited partner unit annualized) and an 8.5 percent increase over Delek Logistics’ distribution for the first quarter 2019 of $0.82 per common limited partner unit ($3.28 per common limited partner unit annualized). The first quarter 2020 cash distribution is payable on May 12, 2020 to unitholders of record on May 5, 2020.

  • GlobeNewswire

    Delek Logistics Partners, LP to Host First Quarter 2020 Conference Call on May 6

    BRENTWOOD, Tenn., April 16, 2020 -- Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today announced that the Partnership intends to issue a press release.

  • GlobeNewswire

    Delek US Holdings to Host First Quarter 2020 Conference Call on May 6

    BRENTWOOD, Tenn., April 16, 2020 -- Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) today announced that the Company intends to issue a press release summarizing first quarter.

  • GlobeNewswire

    Announcement of Management Changes and Appointment of Chief Financial Officer

    Delek US Holdings, Inc. (DK) (“Delek US”) and Delek Logistics Partners, LP (DKL) (“Delek Logistics”) today announce the following organizational and management changes along with appointment of a new Chief Financial Officer (CFO). Mr. Reuven Spiegel will be appointed EVP and assume the role of CFO following the departure of Assi Ginzburg in May. Mr. Spiegel has served as a member of the Board of our general partner since July 2014, as a member of the Audit Committee and Conflicts Committee since September 2014 and as a member of the EHS Committee since its inception in October 2016. Prior to joining the Board, Mr. Spiegel served as Chief Executive Officer of Israel Discount Bank Ltd. (TASE:DSCT) from 2011 through 2014 where he had previously held the position of Executive Vice President from 2001 through 2005.

  • A Rising Share Price Has Us Looking Closely At Delek US Holdings, Inc.'s (NYSE:DK) P/E Ratio
    Simply Wall St.

    A Rising Share Price Has Us Looking Closely At Delek US Holdings, Inc.'s (NYSE:DK) P/E Ratio

    Delek US Holdings (NYSE:DK) shareholders are no doubt pleased to see that the share price has bounced 40% in the last...

  • GlobeNewswire

    Delek US Announces Agreement to Dropdown Logistic Assets to Delek Logistics

    BRENTWOOD, Tenn., March 31, 2020 -- Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) and Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today announced an.

  • Delek US Holdings, Inc. (DK): Are Hedge Funds Right About This Stock?
    Insider Monkey

    Delek US Holdings, Inc. (DK): Are Hedge Funds Right About This Stock?

    Will the new coronavirus cause a recession in US in the next 6 months? On February 27th, we put the probability at 75% and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to […]

  • Reuters

    U.S. refiners sell biofuel credits to raise cash as valuations tank

    U.S. refiners sold renewable fuel credits last week in a bid to raise cash as their market capitalizations slumped amid the oil price crash, according to three industry sources. Refiners are under strain as the coronavirus pandemic has sapped global demand for gasoline and jet fuel, making it unprofitable to produce those products. Refiners buy renewable fuels credits as part of the nation's biofuels laws, which require them to either blend biofuels like ethanol into the nation's gasoline supply, or to buy credits to fund those who can.