Why These Energy Stocks are Gaining This Week

8. Delek US Holdings, Inc. (NYSE:DK)

Share Price Gains Between Mar. 10 – Mar. 17: 18.33%

Delek US Holdings, Inc. (NYSE:DK) is a diversified downstream energy company specializing in petroleum refining, asphalt, renewable fuels, and logistics.

The market seems to be correcting itself after initially reacting negatively to Delek US Holdings, Inc. (NYSE:DK)’s Q4 2024 results when it reported a net loss of $413.8 million, or an adjusted loss per share of $2.54, which was still better than market expectations. The company also announced a regular quarterly dividend of $0.255 per share last month.

Despite the recent surge, the share price of Delek US Holdings, Inc. (NYSE:DK) has declined by more than 45% over the last year.