Piper Sandler Maintains Overweight on Marathon Petroleum, Raises Price Target to $462

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.

Got $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.

Wells Fargo Maintains Overweight on Marathon Petroleum, Raises Price Target to $400