Delek US (DK) Expected to Announce Earnings on Wednesday

Delek US (NYSE:DKGet Free Report) is projected to announce its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect Delek US to announce earnings of $2.67 per share and revenue of $3.4409 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 11:00 AM ET.

Delek US (NYSE:DKGet Free Report) last released its earnings results on Wednesday, April 29th. The oil and gas company reported $0.08 EPS for the quarter, beating the consensus estimate of ($1.42) by $1.50. Delek US had a positive return on equity of 22.90% and a negative net margin of 0.48%.The firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.33 billion. During the same period in the prior year, the firm posted ($2.32) earnings per share. The business’s quarterly revenue was up .4% compared to the same quarter last year. On average, analysts expect Delek US to post $8 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Delek US Stock Down 2.3%

DK opened at $62.95 on Wednesday. The company has a debt-to-equity ratio of 10.51, a current ratio of 0.76 and a quick ratio of 0.49. The stock has a market capitalization of $3.86 billion, a price-to-earnings ratio of -69.18, a price-to-earnings-growth ratio of 1.70 and a beta of 0.58. The business has a 50-day moving average of $51.03 and a two-hundred day moving average of $42.94. Delek US has a 12 month low of $19.81 and a 12 month high of $68.93.

Delek US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Monday, August 3rd will be issued a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Monday, August 3rd. Delek US’s dividend payout ratio is presently -112.09%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of Delek US from $57.00 to $62.00 and gave the company a “neutral” rating in a report on Tuesday, July 14th. Citigroup lifted their price target on shares of Delek US from $33.00 to $44.00 and gave the company a “neutral” rating in a report on Monday, April 13th. Zacks Research raised shares of Delek US from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 26th. TD Cowen boosted their price objective on shares of Delek US from $58.00 to $76.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Finally, The Goldman Sachs Group increased their target price on Delek US from $58.00 to $73.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $51.92.

Read Our Latest Stock Report on DK

Insider Buying and Selling at Delek US

In related news, EVP Robert G. Wright sold 10,720 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $47.07, for a total transaction of $504,590.40. Following the completion of the sale, the executive vice president owned 48,148 shares of the company’s stock, valued at approximately $2,266,326.36. This represents a 18.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Vicky Sutil sold 1,871 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $48.00, for a total transaction of $89,808.00. Following the completion of the transaction, the director owned 29,368 shares in the company, valued at $1,409,664. The trade was a 5.99% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 39,270 shares of company stock worth $1,828,718. Company insiders own 3.56% of the company’s stock.

Institutional Trading of Delek US

A number of institutional investors have recently added to or reduced their stakes in DK. AQR Capital Management LLC purchased a new stake in shares of Delek US during the 1st quarter valued at about $390,000. CANADA LIFE ASSURANCE Co lifted its position in Delek US by 11.2% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 13,104 shares of the oil and gas company’s stock worth $388,000 after acquiring an additional 1,322 shares in the last quarter. Numerai GP LLC purchased a new position in Delek US in the 3rd quarter worth approximately $381,000. Balyasny Asset Management L.P. purchased a new position in Delek US in the 4th quarter worth approximately $294,000. Finally, FORA Capital LLC acquired a new stake in Delek US in the fourth quarter valued at approximately $277,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

About Delek US

(Get Free Report)

Delek US Holdings, Inc (NYSE: DK) is an independent downstream energy company engaged in the refining, logistics, and marketing of petroleum products. Headquartered in Brentwood, Tennessee, the company operates a network of inland refineries, storage terminals and pipelines, and convenience store locations. Delek US focuses on converting crude oil into a variety of finished products, including gasoline, diesel, jet fuel, asphalt and renewable fuels, serving wholesale and retail customers across the United States.

In its refining segment, Delek US owns and operates four inland refineries located in Texas and Arkansas.

Featured Articles

Earnings History for Delek US (NYSE:DK)

Receive News & Ratings for Delek US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delek US and related companies with MarketBeat.com's FREE daily email newsletter.