Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, asphalt, renewable fuels and convenience store retailing. The refining assets consist of refineries operated in Tylerand Big Spring, Texas, El Dorado, Arkansasand Krotz Springs, Louisianawith a combined nameplate crude throughput capacity of 302,000 barrels per day.
Company profile
Ticker
DK
Exchange
Website
CEO
Ezra Yemin
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Delek Holdco, Inc.
SEC CIK
Corporate docs
Subsidiaries
Delek US Energy, Inc. • Delek Refining, Inc. • Delek U.S. Refining GP, LLC • Delek Refining, Ltd. • Lion Oil Company, LLC • Lion Oil Trading & Transportation, LLC • J. Christy Construction Co., Inc. • Delek Logistics Services Company • Delek Logistics GP, LLC • Delek Logistics Partners, LP ...
DK stock data
Analyst ratings and price targets
Current price
Average target
$30.14
Low target
$24.00
High target
$35.00
Morgan Stanley
Maintains
$29.00
Piper Sandler
Downgraded
$32.00
Raymond James
Maintains
$35.00
Mizuho
Downgraded
$30.00
Wells Fargo
Downgraded
$24.00
JP Morgan
Maintains
$26.00
Scotiabank
Upgraded
$35.00
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
29 Dec 22
S-8
Registration of securities for employees
9 Dec 22
8-K
Regulation FD Disclosure
6 Dec 22
8-K
Entry into a Material Definitive Agreement
18 Nov 22
10-Q
2022 Q3
Quarterly report
8 Nov 22
8-K
Delek US Holdings Reports Third Quarter 2022 Results
7 Nov 22
8-K
Delek US Holdings Increases Regular Quarterly Dividend by $0.01 to $0.21 per share
2 Nov 22
8-K
Entry into a Material Definitive Agreement
26 Oct 22
8-K
Regulation FD Disclosure
6 Sep 22
10-Q
2022 Q2
Quarterly report
5 Aug 22
Transcripts
DK
Earnings call transcript
2022 Q3
7 Nov 22
DK
Earnings call transcript
2022 Q2
7 Aug 22
DK
Earnings call transcript
2022 Q1
3 May 22
DK
Earnings call transcript
2021 Q4
24 Feb 22
DK
Earnings call transcript
2021 Q3
5 Nov 21
DK
Earnings call transcript
2021 Q2
4 Aug 21
DK
Earnings call transcript
2020 Q4
24 Feb 21
DK
Earnings call transcript
2020 Q3
5 Nov 20
DK
Earnings call transcript
2020 Q2
6 Aug 20
DK
Earnings call transcript
2020 Q1
6 May 20
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.15 bn | 1.15 bn | 1.15 bn | 1.15 bn | 1.15 bn | 1.15 bn |
| Cash burn (monthly) | 30.27 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 127.26 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 1.03 bn | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 33.9 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
86.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 232 |
| Opened positions | 42 |
| Closed positions | 36 |
| Increased positions | 84 |
| Reduced positions | 73 |
| 13F shares | Current |
|---|---|
| Total value | 2.65 bn |
| Total shares | 60.42 mm |
| Total puts | 207.90 k |
| Total calls | 1.71 mm |
| Total put/call ratio | 0.1 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 7.99 mm | $216.76 mm |
| BLK Blackrock | 5.44 mm | $147.68 mm |
| Dimensional Fund Advisors | 3.55 mm | $96.26 mm |
| Victory Capital Management | 2.49 mm | $67.65 mm |
| Millennium Management | 1.89 mm | $51.31 mm |
| Ion Asset Management | 1.82 mm | $49.31 mm |
| Citadel Advisors | 1.75 mm | $47.53 mm |
| MCQEF Macquarie | 1.71 mm | $46.44 mm |
| Nuveen Asset Management | 1.58 mm | $42.91 mm |
| MS Morgan Stanley | 1.43 mm | $38.70 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 9 Dec 22 | Denise Clark McWatters | Common Stock | Payment of exercise | Dispose F | No | No | 25.95 | 408 | 10.59 k | 17,818 |
| 9 Dec 22 | Nithia Thaver | Common Stock | Payment of exercise | Dispose F | No | No | 25.95 | 93 | 2.41 k | 12,869 |
| 9 Dec 22 | Soreq Avigal | Common Stock | Payment of exercise | Dispose F | No | No | 25.95 | 1,216 | 31.56 k | 42,201 |
| 9 Dec 22 | Todd O'Malley | Common Stock | Payment of exercise | Dispose F | No | No | 25.95 | 682 | 17.70 k | 30,613 |
| 9 Dec 22 | Yemin Ezra Uzi | Common Stock | Payment of exercise | Dispose F | No | No | 25.95 | 10,917 | 283.30 k | 309,841 |
News
Benzinga's Top Ratings Upgrades, Downgrades For January 20, 2023
20 Jan 23
Draganfly To Rally Around 87%? Here Are 10 Other Analyst Forecasts For Friday
20 Jan 23
Morgan Stanley Maintains Underweight on Delek US Hldgs, Raises Price Target to $29
20 Jan 23
Piper Sandler Downgrades Delek US Hldgs to Neutral, Lowers Price Target to $32
20 Jan 23
5 Value Stocks To Watch In The Energy Sector
19 Jan 23
Press releases
Delek Logistics Partners, LP to Host Fourth Quarter 2022 Conference Call on February 28th
30 Jan 23
Delek US Holdings to Host Fourth Quarter 2022 Conference Call on February 28th
30 Jan 23
Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.02 per Common Limited Partner Unit
23 Jan 23
Delek Releases 2021-2022 Sustainability Report
5 Jan 23
Delek US Announces 2023 Capital Program
4 Jan 23