Professional
Added to YB: 2025-02-21
Pitch date: 2024-12-31
DK [bullish]
Delek US Holdings, Inc.
-6.33%
current return
Author Info
No bio for this author
Company Info
Delek US Holdings, Inc. engages in the integrated downstream energy business in the United States. The company operates through Refining, Logistics, and Retail segments.
Market Cap
$1.1B
Pitch Price
$18.64
Price Target
31.00 (+78%)
Dividend
5.70%
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Heartland Advisors Value Fund Portfolio Holding: Delek US Holdings, Inc.
DK: Refiner hit by weak diesel demand & margins. Potential recovery in trucking by 2025. $400M buyback from store sales. Sum-of-parts worth $31 vs $17 stock price. CEO buying shares. WTI negative YoY historically good for refiners. Insiders & big investors (Slim, Icahn) buying sector. Max downside $16, current $17.
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