Why These Energy Stocks are Gaining This Week

3. Delek US Holdings, Inc. (NYSE:DK)

Share Price Gains Between Feb. 23 and Mar. 2: 24.33%

Delek US Holdings, Inc. (NYSE:DK) is a diversified downstream energy company specializing in petroleum refining, asphalt, renewable fuels, and logistics.

Delek US Holdings, Inc. (NYSE:DK) posted its Q4 2025 results on February 25, with its adjusted earnings of $2.31 per share easily topping forecasts by $2.50. The company reported an adjusted net income of $143 million for the quarter, a massive improvement over the nearly $161 million it lost in the same period in 2024.

The surge is primarily attributed to Delek’s refining segment, which posted an adjusted EBITDA of $314.1 million in Q4 2025, compared to a loss of $68.7 million in the same quarter in 2024. The improvement reflects a surge in refining margin driven by increased crack spreads and the continued benefit of the small refinery exemptions granted earlier this year. The company’s benchmark crack spreads were up an average of 66% from prior-year levels.

Following the recent gains, the share price of Delek US Holdings, Inc. (NYSE:DK) has gained by almost 39% since the beginning of 2026, as of the writing of this piece.