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Wells Fargo Maintains Overweight on Marathon Petroleum, Raises Price Target to $400
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DK Stock Rallies 59.5% in 3 Months: Is There More Upside Ahead?
Delek US Holdings (DK) reported strong Q2 2026 results with adjusted net income of $343.9M and refining EBITDA of $566.2M, driven by improved crack spreads and operational efficiency. The company expects no refinery turnarounds in H2 2026, positioning it to maximize availability. With its Enterprise Optimization Plan targeting $220M in annual FCF improvement and midstream subsidiary Delek Logistics Partners providing recurring distributions, DK offers differentiated exposure to refining with structural cash-flow growth potential.
Read original at zacks-investment-researchGot $10,000 to Invest This September? These Energy Stocks Could Turn It Into Over $600 in Annual Income.
Energy Transfer (ET) and MPLX are recommended as reliable income-generating midstream pipeline companies for September investment. Both MLPs offer high dividend yields (6.4% and 7.3% respectively) that are well-supported by their distributable cash flow, trade at attractive valuations, and are insulated from volatile commodity prices due to their 'toll road' business model.
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