Delek added as a new long at Hedgeye

[Oil Refinery at Dusk (Tilt-Shift)]
halbergman/E+ via Getty Images

Delek US Holdings (NYSE:DK [https://seekingalpha.com/symbol/DK]) was added as a new long idea at Hedgeye.

"The EPA is due to give a 2026-27 RVO mandate by the end of October and there is an expectation it will need to resolve outstanding SRE petitions beforehand," Hedgeye analyst Fernando Valle wrote in a note on Friday. "There are several options, some that would crater the RINs market, but we expect the EPA will look to attenuate impact on future RINs, while granting court-mandated relief to impacted small refiners."

Hedgeye raised Delek (NYSE:DK [https://seekingalpha.com/symbol/DK]) to a best long idea from the short bench on its expectation that a favorable resolution could result in material one-time gains (100%) and improvements in profitability, Valle added in the note.

Shares of Delek (DK [https://seekingalpha.com/symbol/DK]) rose 1.6% on Friday.

MORE ON DELEK US

* Delek US Holdings, Inc. (DK) Q2 2025 Earnings Call Transcript [https://seekingalpha.com/article/4809762-delek-us-holdings-inc-dk-q2-2025-earnings-call-transcript]
* Delek US Holdings: Still Value In A Risky SOTP [https://seekingalpha.com/article/4790205-delek-us-holdings-still-value-in-a-risky-sotp]
* Delek US targets $130M–$170M run rate EOP cash flow uplift while advancing DKL separation [https://seekingalpha.com/news/4480526-delek-us-targets-130m-170m-run-rate-eop-cash-flow-uplift-while-advancing-dkl-separation]
* Delek US Q2 2025 Earnings Preview [https://seekingalpha.com/news/4478661-delek-us-q2-2025-earnings-preview]
* Seeking Alpha’s Quant Rating on Delek US [https://seekingalpha.com/symbol/DK/ratings/quant-ratings]