This is Why Delek US Holdings, Inc. (DK) is One of the Best Oil Stocks to Buy Amid US-Iran War

Delek US Holdings Inc. (NYSE:DK) is one of the best oil stocks to buy now amid the US-Iran Conflict. On April 29, Delek US Holdings Inc. (NYSE:DK) reiterated its strong start to the year, noting that it is enhancing its cash flow profile through the disciplined execution of the Enterprise Optimization Plan and other value-creating initiatives.

This is Why Delek US Holdings, Inc. (DK) is One of the Best Oil Stocks to Buy Amid US-Iran War

During the first quarter, the company successfully completed its Big Spring refinery turnaround, executed on time and on budget. The ramp-up of the Delaware basin Libby 2 Plant, which continues to expand the company’s comprehensive sour gas capabilities, continues to assert the company’s competitive position and support the 2026 outlook.

The company delivered adjusted net income of $4.7 million, or $0.08 per share, and adjusted EBITDA of $ 211.7 million. Revenue in the quarter was $2.65 billion, better than the $2.42 billion expected. It also exited the quarter with a cash balance of $624.1 million and total long-term debt of $3.18 billion.

Delek US Holdings, Inc. (NYSE:DK) is a diversified downstream energy company that operates in petroleum refining, logistics, asphalt production, and renewable fuels. It primarily processes crude oil into marketable products like gasoline, diesel, and jet fuel across the South-Central United States.

While we acknowledge the risk and potential of DK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DK and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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