Delek US Holdings (NYSE: DK) is an almost $1.5 billion petroleum refining company that has seen its share price drop roughly 40% YTD. The company has rebounded admirably from its 52-week lows, however, it's still been punished significantly. However, the company's dividend of more than 6%, combined with its impressive asset portfolio mean strong shareholder rewards.
In a Seeking Alpha note, it was discussed that Carl Icahn increased his stake in Occidental Petroleum (NYSE: OXY) and opened a new stake in Delek US Holdings. We discussed his move in relation to Occidental