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

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$35.79 -0.17 (-0.47 %)
(As of 03/20/2019 04:00 PM ET)
Previous Close$35.96
Today's Range$35.10 - $36.34
52-Week Range$29.51 - $61.57
Volume1.32 million shs
Average Volume1.47 million shs
Market Capitalization$2.79 billion
P/E Ratio7.46
Dividend Yield3.00%
Beta1.33
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 heavy crude oil refinery in Bakersfield, California. 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 461 miles of crude oil transportation pipelines, approximately 406 miles of refined product pipelines, an approximately 600-mile crude oil gathering system, and associated crude oil storage tanks with an aggregate of approximately 7.3 million barrels of active shell capacity, as well as owns and operates nine light product terminals, and markets light products using third-party terminals. The company's Retail segment owns and leases 302 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 United States 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$7.3946 per share
Book Value$22.06 per share

Profitability

Net Income$340.10 million

Miscellaneous

Employees3,717
Market Cap$2.79 billion
Next Earnings Date5/6/2019 (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 Wednesday, February 20th. Investors of record on Tuesday, March 5th will be paid a dividend of $0.27 per share on Tuesday, March 19th. This represents a $1.08 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date of this dividend is Monday, March 4th. This is a positive change from Delek US's previous quarterly dividend of $0.26. View Delek US's Dividend History.

How will Delek US's stock buyback program work?

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

How were Delek US's earnings last quarter?

Delek US Holdings Inc (NYSE:DK) announced its quarterly earnings data on Tuesday, February, 19th. The oil and gas company reported $1.59 EPS for the quarter, beating analysts' consensus estimates of $1.27 by $0.32. The oil and gas company earned $2.41 billion during the quarter, compared to analyst estimates of $3.03 billion. Delek US had a net margin of 3.52% and a return on equity of 23.22%. 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 Monday, May 6th 2019. View Earnings Estimates for Delek US.

What price target have analysts set for DK?

13 brokerages have issued 1 year price objectives for Delek US's stock. Their predictions range from $32.92 to $66.00. On average, they anticipate Delek US's stock price to reach $51.5920 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?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delek US in the last year. There are currently 7 hold ratings, 5 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 headlines about DK stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Delek US earned a news sentiment score of 1.3 on InfoTrie's scale. They also assigned news coverage about the oil and gas company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect 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), Applied Materials (AMAT), Intel (INTC), JPMorgan Chase & Co. (JPM), Alibaba Group (BABA), Netflix (NFLX), Valero Energy (VLO), Align Technology (ALGN) and Adobe (ADBE).

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. Kevin L. Kremke, Exec. VP, CFO & Principal Accounting Officer (Age 47)
  • Mr. Frederec Charles Green, Exec. VP & COO (Age 54)
  • Mr. Assaf Ginzburg, Exec. VP (Age 44)
  • Mr. Anthony Leo Miller, Exec. VP of Retail (Age 56)

Who are Delek US's major shareholders?

Delek US's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (9.47%), BlackRock Inc. (6.97%), Dimensional Fund Advisors LP (6.04%), Menora Mivtachim Holdings LTD. (4.51%), Bank of New York Mellon Corp (2.93%) and Northern Trust Corp (2.27%). 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, Bank of New York Mellon Corp, Castle Hook Partners LP, Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Victory Capital Management Inc., KBC Group NV and Nuveen Asset Management LLC. Company insiders that have sold Delek US company stock in the last year include Anthony L Miller, Avigal Soreq, Carlos E Jorda, David Wiessman, Ernest C Cagle, Jared Serff, Kevin L Kremke, Mark T Page, Shlomo Zohar and William J Finnerty. View Insider Buying and Selling for Delek US.

Which institutional investors are buying Delek US stock?

DK stock was purchased by a variety of institutional investors in the last quarter, including Menora Mivtachim Holdings LTD., Norges Bank, Millennium Management LLC, Principal Financial Group Inc., LSV Asset Management, Clal Insurance Enterprises Holdings Ltd, Delek Group Ltd. and Psagot Investment House Ltd.. 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 $35.79.

How big of a company is Delek US?

Delek US has a market capitalization of $2.79 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:  490 (Vote Outperform)
Underperform Votes:  478 (Vote Underperform)
Total Votes:  968
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 3/20/2019 by MarketBeat.com Staff

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