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A diversified energy business focused on petroleum refining, wholesale sales of refined products and retail marketing. Its business consists of three operating segments: refining, marketing and retail.
While there have been a few problems at the refining and marketing division that contributed to landslide of this stock, Delek US Holdings is in it for the long haul. They have invested over $110 million in repairs and turnaround 4Q08 and 1st and 2ndQ 09 at the Tyler refinery and are going to expand the refinery even more! I too would like to see them aquire Pantry Inc. to grab more market share in the South East. As they recover from the Tyler refinery upset and fuel purchasing customers regain confidence you will see this stock grow. They have a GREAT light fuels market in their operating area.This will be a $20+ stock again in the very near future.
good review informaition to have. Thks
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