Here's Why Hold Strategy Is Apt for Delek US Holdings Stock Now
Delek US(DK) ZACKS·2024-12-27 13:15
Delek US Holdings, Inc. (DK) has evolved significantly since the 2017 acquisition of Alon USA Energy, positioning itself as a Permian-focused, diversified downstream energy company. This strategic shift has opened up opportunities for earnings growth, particularly as 70% of Delek’s refining capacity benefits from lower Permian pricing.Let us explore the key drivers currently supporting Delek stock, as well as the risks that could affect its performance. Factors Favoring DK StockStrategic Focus on Deconsolid ...