Delek US Holdings, an independent refiner and logistics company, saw its stock price soar 5.09% in Thursday's intraday trading session. The surge came amid a broader rally in the energy sector, fueled by a spike in oil prices after President Trump revoked Chevron's license to operate in Venezuela.
The revocation of Chevron's license raised concerns about a potential reduction in global oil supply, as Venezuelan state-owned oil company PDVSA would face difficulties exporting its crude to U.S. refineries due to existing sanctions. This development sparked a rally in oil prices, with Brent crude futures rising 2% to $74.02 per barrel and U.S. West Texas Intermediate crude climbing 2.2% to $70.13 per barrel.
As an oil refiner, Delek US benefited from the increase in oil prices, as higher crude prices typically translate into wider profit margins for refiners. The company's stock surge reflects investors' expectations that the tightening of global oil supplies could further boost profitability for Delek US and other refiners in the near term.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。