Summary Observations Regarding CVR's Campaign
Analysts Recognize the Upside to Our Strategy
"DK is taking necessary measures to manage
through a volatile period... We expect DK to
make it to the other side of a challenging
period, with potential to deploy capital in
multiple enhancing opportunities."
- Cowen (11/5/2020)
"The thesis for DK continues to be centered on
improving cracks as a function of demand
recovery, the option in the Bakersfield
renewable diesel project, and the value in the
logistics and retail businesses."
- Heikkinen (2/23/2021)
"Delek US Holdings (DK) remains our favorite
SMID-cap refiner."
― Raymond James (3/3/2021)
"Product demand trends have been positive,
vaccination is progressing, TSA numbers are
improving, gasoline demand data is moving in
the right direction, and increasing drilling
activity in the Permian should be positive for
diesel demand in Delek's backyard."
- Mizuho (2/17/2021)
Delek
Note: Permission to quote was neither sought nor provided
US
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