NYSE:DK - Delek US Stock Price, News, & Analysis

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$34.20 +0.81 (+2.43 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$33.39
Today's Range$33.23 - $34.26
52-Week Range$29.51 - $61.57
Volume1.20 million shs
Average Volume1.35 million shs
Market Capitalization$2.63 billion
P/E Ratio7.13
Dividend Yield3.35%
Beta1.31
Delek US Holdings, Inc. engages in the integrated downstream energy business in the United States. The company's Refining segment processes crude oil and other purchased feedstocks for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminals. This segment owns and operates four independent refineries located in Tyler, Texas; El Dorado, Arkansas; Big Spring, Texas; and Krotz Springs, Louisiana. This segment also owns and operates two biodiesel facilities in Crossett, Arkansas, and Cleburne, Texas; and a crude oil refinery. Its Logistics segment gathers, transports, and stores crude oil, intermediate, and refined products; and markets, distributes, transports, and stores refined products for third parties. This segment owns or leases capacity on approximately 400 miles of crude oil transportation pipelines, approximately 450 miles of refined product pipelines, an approximately 600-mile crude oil gathering system, and associated crude oil storage tanks with an aggregate of approximately 9.6 million barrels of active shell capacity; and owns and operates nine light product terminals, as well as markets light products using third-party terminals. The company's Retail segment owns and leases 279 convenience store sites located primarily in Texas and New Mexico. This segment's convenience stores offer various grades of gasoline and diesel under the Alon brand name; and food products and service, tobacco products, beverages, and general merchandise, as well as money orders to the public under the 7-Eleven and Alon brand names. The company serves oil companies, independent refiners and marketers, jobbers, distributors, utility and transportation companies, independent retail fuel operators, and the U.S. government. Delek US Holdings, Inc. was founded in 2001 and is headquartered in Brentwood, Tennessee.

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Industry, Sector and Symbol

Industry Petroleum refining
Sub-IndustryOil & Gas Refining & Marketing
SectorOils/Energy
CUSIP24664710
Phone615-771-6701

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.17 billion
Cash Flow$6.8537 per share
Book Value$24.70 per share

Profitability

Net Income$340.10 million

Miscellaneous

Employees3,717
Market Cap$2.63 billion
Next Earnings Date8/6/2019 (Estimated)
OptionableOptionable

Delek US (NYSE:DK) Frequently Asked Questions

What is Delek US's stock symbol?

Delek US trades on the New York Stock Exchange (NYSE) under the ticker symbol "DK."

How often does Delek US pay dividends? What is the dividend yield for Delek US?

Delek US announced a quarterly dividend on Monday, May 6th. Shareholders of record on Monday, June 3rd will be paid a dividend of $0.28 per share on Monday, June 3rd. This represents a $1.12 annualized dividend and a yield of 3.27%. The ex-dividend date is Friday, May 31st. This is a positive change from Delek US's previous quarterly dividend of $0.27. View Delek US's Dividend History.

How will Delek US's stock buyback program work?

Delek US declared that its board has approved a stock repurchase program on Tuesday, February 27th 2018, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.

How were Delek US's earnings last quarter?

Delek US Holdings Inc (NYSE:DK) released its earnings results on Monday, May, 6th. The oil and gas company reported $1.54 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $1.06. The oil and gas company earned $2.20 billion during the quarter, compared to the consensus estimate of $2.02 billion. Delek US had a return on equity of 27.94% and a net margin of 5.48%. The company's revenue for the quarter was down 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.33 EPS. View Delek US's Earnings History.

When is Delek US's next earnings date?

Delek US is scheduled to release their next quarterly earnings announcement on Tuesday, August 6th 2019. View Earnings Estimates for Delek US.

What price target have analysts set for DK?

12 equities research analysts have issued 12 month price targets for Delek US's shares. Their forecasts range from $32.92 to $66.00. On average, they expect Delek US's stock price to reach $49.3244 in the next twelve months. This suggests a possible upside of 44.2% from the stock's current price. View Analyst Price Targets for Delek US.

What is the consensus analysts' recommendation for Delek US?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delek US in the last year. There are currently 7 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Delek US.

What are Wall Street analysts saying about Delek US stock?

Here are some recent quotes from research analysts about Delek US stock:
  • 1. Barclays PLC analysts commented, "We think DK’s 4Q18 results will have a neutral impact on the shares’ near-term performance. While adjusted EPS of $1.59 beat consensus of $1.25 and our $1.38 estimate, driven by stronger-than-expected throughput volume, we believe this was largely priced in headed into the print following stellar 4Q18 results for the other refiners (before the release, DK shares were +7% since the beginning of refining earnings season vs. peers +1%). However, while the quarter alone was nothing to get too excited about, in our opinion, Delek did send several key messages that were viewed positively and sent the shares another 6-7% higher on Wednesday (vs. peers +1%)." (2/21/2019)
  • 2. According to Zacks Investment Research, "Taking into account a host of issues, the investment thesis on Delek US Holdings is recalibrated to a 'Sell'. The downstream operator has seen refining margin weakness clip segment profits and cut into overall gains from wider Midland discount versus Cushing. There are also apprehensions that the company's small size prevents it from taking advantage of economies of scale and better infrastructure networks of the larger refiners, while the cost of complying with the cleaner gasoline production rules continues to be a concern. Moreover, Delek’s operating expenses are on rise, which can hamper its profit levels. Given these headwinds, Delek appears to be a risky bet that ordinary investors should exit." (1/21/2019)

Has Delek US been receiving favorable news coverage?

Media stories about DK stock have been trending positive on Saturday, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Delek US earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned press coverage about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of Delek US's key competitors?

What other stocks do shareholders of Delek US own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Delek US investors own include Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), Applied Materials (AMAT), JPMorgan Chase & Co. (JPM), Valero Energy (VLO), Netflix (NFLX), Alibaba Group (BABA), Align Technology (ALGN) and Cisco Systems (CSCO).

Who are Delek US's key executives?

Delek US's management team includes the folowing people:
  • Mr. Ezra Uzi Yemin, Chairman, Pres & CEO (Age 51)
  • Mr. Assaf Ginzburg, Exec. VP & CFO (Age 44)
  • Mr. Frederec Charles Green, Exec. VP & COO (Age 54)
  • Mr. Avigal Soreq, Exec. VP & Chief Commercial Officer (Age 41)
  • Keith Johnson, VP of Investor Relations

Who are Delek US's major shareholders?

Delek US's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.36%), Dimensional Fund Advisors LP (6.23%), FMR LLC (6.26%), Wellington Management Group LLP (5.90%), Menora Mivtachim Holdings LTD. (4.89%) and Northern Trust Corp (2.41%). Company insiders that own Delek US stock include Anthony L Miller, Assi Ginzburg, Avigal Soreq, Carlos E Jorda, Charles H Leonard, Daniel L Gordon, David Wiessman, Donald Norman Holmes, Ernest C Cagle, Ezra Uzi Yemin, Frederec Green, Jared Serff, Kevin L Kremke, Mark T Page, Shlomo Zohar and William J Finnerty. View Institutional Ownership Trends for Delek US.

Which institutional investors are selling Delek US stock?

DK stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Goldman Sachs Group Inc., Systematic Financial Management LP, Wells Fargo & Company MN, Victory Capital Management Inc., Dimensional Fund Advisors LP, Morgan Stanley and Charles Schwab Investment Management Inc.. Company insiders that have sold Delek US company stock in the last year include Anthony L Miller, Assi Ginzburg, Avigal Soreq, David Wiessman, Jared Serff, Kevin L Kremke, Mark T Page and Shlomo Zohar. View Insider Buying and Selling for Delek US.

Which institutional investors are buying Delek US stock?

DK stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, First Trust Advisors LP, Encompass Capital Advisors LLC, Deprince Race & Zollo Inc., Janus Henderson Group PLC, Clal Insurance Enterprises Holdings Ltd, Psagot Investment House Ltd. and OppenheimerFunds Inc.. View Insider Buying and Selling for Delek US.

How do I buy shares of Delek US?

Shares of DK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Delek US's stock price today?

One share of DK stock can currently be purchased for approximately $34.20.

How big of a company is Delek US?

Delek US has a market capitalization of $2.63 billion and generates $10.17 billion in revenue each year. The oil and gas company earns $340.10 million in net income (profit) each year or $4.80 on an earnings per share basis. Delek US employs 3,717 workers across the globe.

What is Delek US's official website?

The official website for Delek US is http://www.delekus.com/.

How can I contact Delek US?

Delek US's mailing address is 7102 COMMERCE WAY, BRENTWOOD TN, 37027. The oil and gas company can be reached via phone at 615-771-6701 or via email at [email protected]


MarketBeat Community Rating for Delek US (NYSE DK)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  507 (Vote Outperform)
Underperform Votes:  488 (Vote Underperform)
Total Votes:  995
MarketBeat's community ratings are surveys of what our community members think about Delek US and other stocks. Vote "Outperform" if you believe DK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/25/2019 by MarketBeat.com Staff

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