Why Delek Holdings Rallied Today
Source: Motley Fool
2026-06-25 17:23:01 ET
Shares of U.S. jet fuel refinery Delek U.S. (NYSE: DK) rallied on Thursday, up 6% on the trading day, even as markets overall were flat.
Delek is a small- to mid-cap refining stock that also owns a 63% stake in Delek Logistics Partners (NYSE: DKL) . While the company is small, it is also known for having a high percentage of refining revenue coming from jet fuel, compared with most other domestic fuel refineries.
Today, a fire at another U.S. refinery that primarily supplies jet fuel, owned by one of the major U.S. airlines, spurred a rally in Delek, which could become a beneficiary.
Delek Logistics Partners L.P. representing Limited Partner Interests
NASDAQ: DKL
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