ProShare Advisors LLC Sells 4415 shares of Delek US Holdings,

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ProShare Advisors LLC recently sold 4415 shares of Delek ($NYSE:DK) US Holdings, Inc. The shares were sold at an average price of $37.62. Delek US Holdings, Inc. is a diversified downstream energy company with operations in the United States. The company’s operations include refining and marketing of transportation fuels, and retail sales of gasoline, diesel and other fuels and convenience store products. Delek US Holdings, Inc.’s shares have been performing well recently, and ProShare Advisors LLC’s sale may be seen as a sign of confidence in the company’s future prospects.

Market Price

On Friday, shares of Delek US Holdings, Inc. opened at $31.5 and closed at $31.2, up by 1.6% from prior closing price of 30.8. So far, news sentiment mostly are positive. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

The disclosure for this sale can be found here. This number does not take into account restricted stock that insiders may hold. Live Quote…

About the Company

VI Analysis

DELEK US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, asphalt, renewable fuels and convenience store retailing. The company’s operations are primarily conducted through its subsidiaries, including Delek Refining, Ltd., Delek Logistics Partners, LP, Delek US Assets, Inc. and Delek Retail Holdings, Inc. DELEK US is strong in asset, growth, and medium in profitability and weak in dividend, according to the VI Star Chart. The company has a high health score of 7/10 with regard to its cashflows and debt, and is classified as a ‘rhino’–a type of company that has achieved moderate revenue or earnings growth. DELEK US may be of interest to investors who are seeking exposure to the downstream energy sector. More…

VI Peers

The company’s competitors are PBF Energy Inc, HF Sinclair Corp, and PBF Logistics LP. Delek US Holdings Inc. has a market share of 9.4%.

– PBF Energy Inc ($NYSE:PBF)

PBF Energy is a leading independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other industrial products in the United States. The company’s market cap is $5.8 billion and its ROE is 52.76%. PBF Energy operates refining facilities in Ohio, New Jersey and Louisiana with a combined capacity of approximately 1.9 million barrels per day. The company also owns and operates two logistics businesses, PBF Logistics LP and PBF Holding Company LLC, which provide crude oil and refined product transportation and storage services.

– HF Sinclair Corp ($NYSE:DINO)

Sinclair Broadcasting Group, Inc. is an American telecommunications company that is owned by the family of company founder Julian Sinclair Smith. The company is the largest television station operator in the United States by number of stations, and largest by total coverage; owning or operating a total of 193 stations across the country. Many of the group’s stations are in the top markets, including Seattle, Pittsburgh, St. Louis and Las Vegas.

– PBF Logistics LP ($NYSE:PBFX)

PBF Logistics LP is a publicly traded master limited partnership that owns, operates, develops, and acquires crude oil, refined petroleum products, and natural gas liquids (NGL) logistics assets. The company has a market cap of 1.38B as of 2022 and a Return on Equity of 40.3%. PBF Logistics is headquartered in Parsippany, New Jersey.

Summary

Delek US Holdings, Inc. is an energy holding company that owns and operates businesses in the petroleum refining, marketing and logistics industries. Delek US also has a marketing and logistics segment that provides sales of refined products through a network of wholesale, retail and terminal operations. The company’s business strategy is focused on growing its refining and marketing operations and expanding its logistics network. Delek US Holdings, Inc. is a good investment for those looking to gain exposure to the energy sector.

The company has a strong business model and is well-positioned to benefit from the continued growth of the U.S. economy. Delek US offers investors a high degree of diversification, as it has operations in both the refining and marketing segments of the energy industry. The company also has a diversified customer base, which helps to mitigate the risk of any one customer having a significant impact on its overall results.