Delek US Hldgs Sees FY24 Capital Expenditures Of Approximately $330M, Including $220M For Refining And $70M For Logistics
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Delek US Holdings forecasts its FY24 capital expenditures to be around $330M, with significant allocations of $220M for refining operations and $70M for logistics.
February 27, 2024 | 12:06 pm
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Delek US Holdings announces FY24 capital expenditure forecast of $330M, with $220M dedicated to refining and $70M to logistics.
The announcement of a significant capital expenditure for FY24 indicates Delek US Holdings' commitment to growth and operational efficiency, particularly in refining and logistics. This strategic investment is likely to be viewed positively by investors, potentially leading to a short-term uptick in DK's stock price due to increased confidence in the company's future prospects.
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