TD Cowen Downgrades Delek US Hldgs to Sell, Lowers Price Target to $20
$DK
Integrated oil Companies
Energy
TD Cowen analyst Jason Gabelman downgrades Delek US Hldgs (NYSE:DK) from Hold to Sell and lowers the price target from $25 to $20.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/17/2024 | $15.00 | Underperform | BofA Securities |
| 9/16/2024 | $28.00 → $26.00 | Underperform → Neutral | Mizuho |
| 9/10/2024 | $23.00 → $26.00 | Underweight → Neutral | JP Morgan |
| 8/8/2024 | $19.00 → $18.00 | Sell | TD Cowen |
| 7/18/2024 | $19.00 | Underperform | Wolfe Research |
| 6/10/2024 | $20.00 | Hold → Sell | TD Cowen |
| 5/8/2024 | $27.00 → $25.00 | Hold | TD Cowen |
| 2/28/2024 | $23.00 → $24.00 | Market Perform | TD Cowen |
Wolfe Research analyst Doug Leggate reinstates Delek US Hldgs (NYSE:DK) with a Underperform.
Wells Fargo analyst Roger Read maintains Delek US Hldgs (NYSE:DK) with a Underweight and lowers the price target from $25 to $20.
Scotiabank analyst Paul Cheng maintains Delek US Hldgs (NYSE:DK) with a Sector Perform and lowers the price target from $27 to $25.
SC 13G/A - Delek US Holdings, Inc. (0001694426) (Subject)
SC 13D/A - Delek US Holdings, Inc. (0001694426) (Filed by)
SC 13G/A - Delek US Holdings, Inc. (0001694426) (Subject)
Net loss of $76.8 million or $(1.20) per share, adjusted net loss of $93.0 million or $(1.45) per share, adjusted EBITDA of $70.6 million During 3Q' 2024, we successfully closed previously announced transactions to further our SOTP strategy: Sold our retail assets for proceeds of $390 million DK & Delek Logistics(DKL) executed the intercompany amendments and extensions Completed the drop-down of Wink to Webster ("W2W") pipeline into DKL DKL closed the acquisition of H2O Midstream, further adding to its third party cash flows Announced the Enterprise Optimization Plan ("EOP") expected to increase overall profitability by at least $100 million DKL announced another record qua
Delek US Holdings, Inc. (the "Company" or "Delek US") announced that its Board of Directors has approved a quarterly dividend of $0.255 per share, to be paid on November 18, 2024, to shareholders of record on November 12, 2024. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, and renewable fuels. The refining assets consist primarily of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day. The logistics operations include Delek Logistics Partners, LP (NYSE:DKL
Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today declared its quarterly cash distribution for the third quarter 2024 of $1.10 per common limited partner unit, or $4.40 per common limited partner unit on an annualized basis. The third quarter 2024 cash distribution is payable on November 14, 2024, to unitholders of record on November 8, 2024. About Delek Logistics Partners, LP Delek Logistics is a midstream energy master limited partnership headquartered in Brentwood, Tennessee. Through its owned assets and joint ventures located primarily in and around the Permian Basin, the Delaware Basin and other select areas in the Gulf Coast region, Delek Logistics provides gathering
Net loss of $76.8 million or $(1.20) per share, adjusted net loss of $93.0 million or $(1.45) per share, adjusted EBITDA of $70.6 million During 3Q' 2024, we successfully closed previously announced transactions to further our SOTP strategy: Sold our retail assets for proceeds of $390 million DK & Delek Logistics(DKL) executed the intercompany amendments and extensions Completed the drop-down of Wink to Webster ("W2W") pipeline into DKL DKL closed the acquisition of H2O Midstream, further adding to its third party cash flows Announced the Enterprise Optimization Plan ("EOP") expected to increase overall profitability by at least $100 million DKL announced another record qua
Delek US Holdings, Inc. (the "Company" or "Delek US") announced that its Board of Directors has approved a quarterly dividend of $0.255 per share, to be paid on November 18, 2024, to shareholders of record on November 12, 2024. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, and renewable fuels. The refining assets consist primarily of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day. The logistics operations include Delek Logistics Partners, LP (NYSE:DKL
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 investor relations section of the website. The online replay will be available on the website for 90 days. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum ref
4 - Delek US Holdings, Inc. (0001694426) (Issuer)
4 - Delek US Holdings, Inc. (0001694426) (Issuer)
4 - Delek US Holdings, Inc. (0001694426) (Issuer)
BofA Securities resumed coverage of Delek US Holdings with a rating of Underperform and set a new price target of $15.00
Mizuho upgraded Delek US Holdings from Underperform to Neutral and set a new price target of $26.00 from $28.00 previously
JP Morgan upgraded Delek US Holdings from Underweight to Neutral and set a new price target of $26.00 from $23.00 previously
10-Q - Delek US Holdings, Inc. (0001694426) (Filer)
SCHEDULE 13G - Delek US Holdings, Inc. (0001694426) (Subject)
8-K - Delek US Holdings, Inc. (0001694426) (Filer)
4 - Delek US Holdings, Inc. (0001694426) (Issuer)
4 - Delek US Holdings, Inc. (0001694426) (Issuer)
4 - Delek US Holdings, Inc. (0001694426) (Issuer)
BRENTWOOD, Tenn., Jan. 18, 2024 /PRNewswire/ -- Delek US Holdings, Inc. (the "Company" or "Delek US") announced that its Board of Directors has appointed Christine Benson Schwartzstein to serve as an independent director effective immediately. Ms. Benson will stand for election at the Company's 2024 annual meeting of stockholders, on May 2, 2024. Following the appointment, the board of Delek US will comprise of 10 directors, 8 of which are independent. "The board is pleased to welcome Ms. Benson. Her experience in risk management, capital markets, and green energies will provide us with instrumental insights," said Uzi Yemin, Executive Chairman of Delek US. "We are excited to have Ms. Benso
Joseph Israel appointed EVP, OperationsTommy Chavez named SVP, Refining Operations BRENTWOOD, Tenn., March 24, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE:DK) today announced changes to its senior leadership team: - Joseph Israel named Executive Vice President, Operations for Delek US and Delek Logistics effective March 27, 2023.- Tommy Chavez named Senior Vice President, Refining Operations effective April 10, 2023.- Todd O'Malley, Executive Vice President and Chief Operating Officer, pursuing other opportunities.- Nithia Thaver, Executive Vice President & President of Refining, pursuing other opportunities. Israel and Patrick Reilly, who was named Executive Vice President and Ch
BRENTWOOD, Tenn., March 2, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE:DK) ("Delek" or the "Company") today announced the appointment of Patrick Reilly as Executive Vice President and Chief Commercial Officer effective March 1, 2023. In his new role, Mr. Reilly will work closely with Delek's management team to lead the Company's strategies to achieve its short and long-term objectives. Reilly brings over 20-years of energy oil refining and trading experience, with deep sector knowledge and a proven track record of delivering transformative change management and margin g