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.
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.
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%)
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.
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?
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.
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.
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.
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.
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.
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.
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.
