DK Stock Recent News

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.

The P/B ratio helps to identify low-priced stocks that have high growth prospects. US Foods Holding Corp. (USFD), Group 1 Automotive (GPI), Celestica (CLS), Delek US Holdings (DK) and HF Sinclair Corporation (DINO) are some such stocks.

Delek US Holdings, Inc. (NYSE:DK ) Q3 2022 Earnings Conference Call November 7, 2022 10:30 AM ET Company Participants Blake Fernandez - SVP, IR & Market Intelligence Avigal Soreq - President, CEO & Director Reuven Spiegel - EVP & CFO Todd O'Malley - EVP & COO Conference Call Participants Roger Read - Wells Fargo Securities Matthew Blair - Tudor, Pickering, Holt & Co. Ryan Todd - Piper Sandler & Co. Carly Davenport - Goldman Sachs Kalei Akamine - Bank of America Merrill Lynch Daniel Kutz - Morgan Stanley John Royall - JPMorgan Chase & Co. Jason Gabelman - Cowen and Company Paul Cheng - Scotiabank Operator Good morning, and welcome to the Delek US Third Quarter 2022 Earnings Conference Call. [Operator Instructions].

Delek US Holdings (DK) delivered earnings and revenue surprises of -93.55% and 30.80%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

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.

The P/B ratio helps to identify low-priced stocks that have high growth prospects. US Foods Holding Corp. (USFD), Signet Jewelers (SIG), Celestica (CLS), Delek US Holdings (DK) and HF Sinclair Corporation (DINO) are some such stocks.

Does Delek US Holdings (DK) have what it takes to be a top stock pick for momentum investors? Let's find out.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Delek US Holdings (DK) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

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.

The Organization of the Petroleum Exporting Countries (OPEC) and its non-member allies (OPEC+) cut crude oil production by two million barrels per day. Naturally, this action imposes supply flow disruptions that sent prices higher.