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home / news releases / PMBPF - Delek: Adoption Of Biofuels A Plus But Likely To Be A Long Recovery

PMBPF - Delek: Adoption Of Biofuels A Plus But Likely To Be A Long Recovery

Pembina Pipeline
  • Delek is primarily a downstream operator present in the refining and retail fueling spaces.
  • Demand has been devastated by the pandemic and is unlikely to recover near term.
  • With the exception of its midstream business, Delek is suffering a great deal.
  • The company is moving to develop biofuels but these have the same issue of needing demand to improve.
  • The company is very highly leveraged, which could pose a very real risk.

For further details see:

Delek: Adoption Of Biofuels A Plus But Likely To Be A Long Recovery
Stock Information
Company Name: Pembina Pipeline
Stock Symbol: PMBPF
Market: OTC
Website: pembina.com
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