Delek US Holdings Inc

NYSE: DK
Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector ENERGY & TRANSPORTATION
Industry PETROLEUM REFINING
Address 7102 COMMERCE WAY, BRENTWOOD, TN, US
Fiscal Year End December
Latest Quarter 12/31/2023
Market Cap 1,653.48M USD
Shares Outstanding 63,964,000
Delek US Holdings Inc is a diversified downstream energy company based in Brentwood, Tennessee. It operates in three main segments: Refining, Logistics, and Retail. The company refines crude oil into various petroleum products like gasoline, diesel, and asphalt, distributed through its own and third-party terminals. It also manages logistics for crude oil and refined products, including transportation and storage. Additionally, Delek runs convenience stores in West Texas and New Mexico, offering fuel, food, and other items under the DK or Alon and 7-Eleven brands.
It’s no secret the oil refining margins have been dropping like a rock for the past few quarters. When pump prices began to approach a US-wide average of about $4/gallon, US drivers started...