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Delek US (DK) anticipates capital expenditures in the range of $380-$390 million for fiscal 2023.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Energy stocks like REPX, CIVI, DK and DVN have the potential to deliver better-than-expected Q3 earnings.
Delek US Holdings (DK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Refineries are benefiting from a shift in crude exports. Both Saudi Arabia and Russia have cut their oil production---to prop up oil prices.
Delek US (DK) plans to spend $350 million on capital expenditures for 2023, including $202 million for Refining, $81 million for Logistics, $31 million for Retail and $36 million for Corporate/Other.
While the top- and bottom-line numbers for Delek US Holdings (DK) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Delek US Holdings (DK) came out with quarterly earnings of $1 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $4.40 per share a year ago.
BRENTWOOD, Tenn. , July 11, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that the Company intends to issue a press release summarizing second quarter 2023 results before the U.S. stock market opens on Monday, August 7, 2023.
BRENTWOOD, Tenn. , July 11, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing second quarter 2023 results before the U.S. stock market opens on Monday, August 7, 2023.