Delek US (DK) to Release Quarterly Earnings on Wednesday

Delek US (NYSE:DK) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of ($1.55) per share and revenue of $2.56 billion for the quarter.

Delek US (NYSE:DK) last released its quarterly earnings data on Tuesday, February 25th. The oil and gas company reported ($2.54) EPS for the quarter, missing the consensus estimate of ($1.53) by ($1.01). Delek US had a negative net margin of 2.27% and a negative return on equity of 28.21%. The business had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.58 billion. During the same period last year, the business earned ($1.46) earnings per share. The company’s quarterly revenue was down 39.8% on a year-over-year basis. On average, analysts expect Delek US to post $-6 EPS for the current fiscal year and $-3 EPS for the next fiscal year.

Delek US Price Performance

Shares of NYSE:DK opened at $13.72 on Wednesday. The company has a debt-to-equity ratio of 3.18, a quick ratio of 0.67 and a current ratio of 1.04. The firm has a market cap of $857.68 million, a price-to-earnings ratio of -2.82 and a beta of 1.04. The business has a 50-day simple moving average of $14.41 and a two-hundred day simple moving average of $16.79. Delek US has a fifty-two week low of $11.03 and a fifty-two week high of $29.28.

Delek US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Monday, May 12th will be issued a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 7.43%. Delek US’s payout ratio is -11.54%.

Analyst Upgrades and Downgrades

DK has been the topic of a number of research reports. Raymond James dropped their price target on Delek US from $24.00 to $23.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 9th. Wolfe Research upgraded shares of Delek US from an “underperform” rating to a “peer perform” rating in a research report on Friday, January 3rd. Scotiabank decreased their price target on shares of Delek US from $24.00 to $14.00 and set a “sector perform” rating on the stock in a research report on Friday, April 11th. UBS Group cut their price objective on shares of Delek US from $21.00 to $13.25 and set a “neutral” rating for the company in a research report on Wednesday, April 9th. Finally, Mizuho lowered their target price on Delek US from $25.00 to $22.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 9th. Five research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Delek US presently has an average rating of “Hold” and an average price target of $17.11.

Insider Buying and Selling at Delek US

In other news, CFO Mark Wayne Hobbs acquired 2,800 shares of the business’s stock in a transaction dated Tuesday, March 11th. The stock was purchased at an average price of $13.70 per share, for a total transaction of $38,360.00. Following the completion of the transaction, the chief financial officer now directly owns 49,138 shares in the company, valued at approximately $673,190.60. This trade represents a 6.04 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders purchased a total of 5,055 shares of company stock valued at $70,787 in the last three months. 1.80% of the stock is currently owned by corporate insiders.

Delek US Company Profile

Delek US Holdings, Inc engages in the integrated downstream energy business in the United States. The company operates through Refining, Logistics, and Retail segments. The Refining segment processes crude oil and other feedstock for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminal.