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.
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.
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.
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.
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.
DK, HDB and LADR have been added to the Zacks Rank #5 (Strong Sell) List on July 24, 2024.
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.
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
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.
Delek US Holdings (DK) reported earnings 30 days ago. What's next for the stock?