Delek US Sets New 52-Week High

Shares of the oil and gas company reached a new peak, boosted by strong quarterly earnings.

Mar. 21, 2026 at 9:38am

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Delek US Holdings, Inc. (NYSE:DK) saw its share price reach a new 52-week high on Thursday, trading as high as $45.93 before closing at $46.34. The company's strong quarterly earnings report, which included a surprise profit, helped drive the stock to new heights.

Why it matters

Delek US's record stock price reflects the company's improved financial performance, which could signal a turnaround for the oil and gas industry after a challenging period. The stock's rise also highlights investor optimism about the company's future prospects.

The details

Delek US reported Q4 earnings of $0.44 per share, easily beating analysts' expectations of a $0.19 loss per share. The company's revenue of $2.43 billion also topped forecasts. Delek US attributed the strong results to improved refining margins and cost-cutting efforts.

  • Delek US's share price reached a new 52-week high on Thursday, March 21, 2026.
  • The company reported its Q4 2025 earnings on Friday, February 27, 2026.

The players

Delek US Holdings, Inc.

An independent downstream energy company engaged in refining, logistics, and marketing of petroleum products, headquartered in Brentwood, Tennessee.

Piper Sandler

An investment bank that covers Delek US and recently cut its price target on the stock.

Morgan Stanley

A financial services firm that also covers Delek US and lowered its price target on the stock.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

The takeaway

Delek US's strong quarterly results and new 52-week high stock price suggest the company is navigating the challenges facing the oil and gas industry and positioning itself for future growth. Investors appear optimistic about the company's turnaround efforts and future prospects.