Piper Sandler analyst Ryan Todd maintained a Hold rating on Delek US Holdings (DK – Research Report) today and set a price target of $31.00. The company’s shares closed yesterday at $30.10.
According to TipRanks, Todd is a 5-star analyst with an average return of 8.3% and a 58.85% success rate. Todd covers the Energy sector, focusing on stocks such as PBF Energy, Par Pacific Holdings, and HF Sinclair Corporation.
In addition to Piper Sandler, Delek US Holdings also received a Hold from Scotiabank’s Paul Cheng in a report issued on April 11. However, yesterday, Morgan Stanley maintained a Sell rating on Delek US Holdings (NYSE: DK).
Based on Delek US Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.05 billion and a GAAP net loss of $164.9 million. In comparison, last year the company earned a revenue of $4.48 billion and had a GAAP net loss of $118.7 million
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Delek US Holdings (DK) Company Description:
Delek US Holdings, Inc. engages in the transportation, storage, and wholesale distribution of crude oil. It operates through the following segments: Refining, Logistics, Retail, and Corporate and Other. The Refining segment processes crude oil and other purchased feedstocks for the manufacture of transportation motor fuels, including gasoline, diesel fuel and aviation fuel, asphalt, and other petroleum-based products. The Logistics segment gathers, transports, and stores crude oil and markets, distributes, transports, and stores refined products. The Retail segment markets gasoline, diesel and other refined petroleum products, and convenience merchandise through a network of company-operated retail fuel and convenience stores. The company was founded in 2001 and is headquartered in Brentwood, TN.
