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.
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Industry, Sector and Symbol
Industry Petroleum refining
Sub-IndustryOil & Gas Refining & Marketing
SectorOils/Energy
Phone615-771-6701
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$10.17 billion
Profitability
Miscellaneous
Employees3,717
Next Earnings Date11/5/2019 (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, July 29th. Stockholders of record on Monday, August 19th will be given a dividend of $0.29 per share on Tuesday, September 3rd. This represents a $1.16 annualized dividend and a dividend yield of 3.77%. The ex-dividend date of this dividend is Friday, August 16th. This is a positive change from Delek US's previous quarterly dividend of $0.28. View Delek US's Dividend History.
How will Delek US's stock buyback program work?
Delek US declared that its board has approved a share buyback program on Tuesday, February 27th 2018, which authorizes the company to repurchase $150,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase 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) announced its earnings results on Monday, August, 5th. The oil and gas company reported $1.17 EPS for the quarter, beating the Zacks' consensus estimate of $0.77 by $0.40. The oil and gas company earned $2.48 billion during the quarter, compared to analyst estimates of $2.32 billion. Delek US had a net margin of 5.51% and a return on equity of 27.58%. The business's revenue for the quarter was down 5.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.92 EPS. View Delek US's Earnings History.
When is Delek US's next earnings date?
What price target have analysts set for DK?
12 Wall Street analysts have issued 12 month price targets for Delek US's shares. Their forecasts range from $32.92 to $60.00. On average, they anticipate Delek US's stock price to reach $46.6150 in the next year. This suggests a possible upside of 51.3% 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 1 sell rating, 7 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." 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?
News headlines about DK stock have trended positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog 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 daily sentiment score of 2.5 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next few days. View News Stories for Delek US.
Are investors shorting Delek US?
Delek US saw a drop in short interest in July. As of July 31st, there was short interest totalling 4,767,000 shares, a drop of 13.1% from the June 30th total of 5,485,600 shares. Based on an average trading volume of 1,300,000 shares, the days-to-cover ratio is presently 3.7 days. Approximately 5.9% of the company's shares are sold short. View Delek US's Current Options Chain.
Who are some of Delek US's key competitors?
What other stocks do shareholders of Delek US own?
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 number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.67%), BlackRock Inc. (7.32%), BlackRock Inc. (7.46%), Nuveen Asset Management LLC (6.12%), Menora Mivtachim Holdings LTD. (3.81%) and JPMorgan Chase & Co. (2.91%). Company insiders that own Delek US stock include Anthony L Miller, Assi Ginzburg, Avigal Soreq, Carlos E Jorda, Daniel L Gordon, David Wiessman, Donald Norman Holmes, Ernest C Cagle, Frederec Green, Jared Serff, Kevin L Kremke, Louis Labella, Mark T Page, Shlomo Zohar and William J Finnerty. View Institutional Ownership Trends for Delek US.
Which major investors are selling Delek US stock?
DK stock was sold by a variety of institutional investors in the last quarter, including Menora Mivtachim Holdings LTD., Delek Group Ltd., Victory Capital Management Inc., Bank of New York Mellon Corp, AQR Capital Management LLC, Man Group plc, Tygh Capital Management Inc. and BlackRock Inc.. Company insiders that have sold Delek US company stock in the last year include Assi Ginzburg, Avigal Soreq, David Wiessman, Frederec Green and Louis Labella. View Insider Buying and Selling for Delek US.
Which major investors are buying Delek US stock?
DK stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, JPMorgan Chase & Co., Janus Henderson Group PLC, Janus Henderson Group PLC, UBS Group AG, Deprince Race & Zollo Inc., Ion Asset Management Ltd. and Balyasny Asset Management LLC. 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 $30.80.
How big of a company is Delek US?
Delek US has a market capitalization of $2.32 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.View Additional Information About Delek US.
What is Delek US's official website?
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)
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.
