Current Analysis: Delek Group Ltd (DELKY)


Delek Group Ltd (DELKY) operates in the oil and natural gas exploration, development, production and marketing sector in Israel and abroad, through investees.The operating segments of the company are,1) Energy in Israel segment includes the development, production and sale of natural gas in the existing oil assets of the Partnership, and oil and natural gas exploration in the Mediterranean Sea,2) the Foreign energy segment includes projects of the UK continental shelf in the North sea region through Ithaca Energy plc which is controlled indirectly by the company and3) additional operations. The company operates primarily in Israel and North Sea region.The company was founded in 1951 and is headquartered in Herzliya, Israel.Three key data points gauge Delek Group Ltd or any dividend-paying firm.The key three are:(1) Price(2) Dividends(3) ReturnsThose three basic keys best tell whether any company has made, is making, and will make money. DELKY PriceOver the past year, Delek’s share price rose 16.7% from $11.02 to $12.86 as of Thursday’s market close.If DELKY shares trade in the range of $10.00 to $15.00 this next year, its recent $12.86 share price might rise to $14.70 by next year. Of course, DELKY’s price could drop about the same $1.64 estimated amount, or more.My annual upside estimate of $1.64 however, is about  $0.13 below the average annual DELEK price gain over the past five years. DELKY DividendDelek Group Ltd has paid variable quarterly dividends annually since March 2023. DELKY’s most recent Q dividend of $0.37 was declared November 24 to shareholders of record December 4th and payout was made January 3rd.A forward looking $1.64 annual dividend yields 12.75% at Thursday’s $12.86 share price. DELKY ReturnsTo put it all together, add Delek Group Ltd estimated annual dividend of $1.64 to the estimated price upside of $1.64 to find a $3.28 estimated gross gain for the coming year.At Thursday’s $12.86 share price, a little over $1000 would buy 78 shares.A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us about $0.13 per share.Subtracting that likely $0.13 brokerage cost from the $3.28 gross gain produces a net gain of $3.15 X 78 shares = $245.70 for a 23.25% estimated net gain on the year.You might choose to pounce on Delek Group Ltd It is a 73 year-old dividend paying Israeli oil and gas exploration and production Company.  Furthermore, the estimated $115.10 annual dividend income from $1k invested is near 9 times greater than DELKY’s recent $12.86 single share price.The exact track of Delek Groups ongoing future price and dividend will be determined by market action.Remember, the true value of any stock is best realized through personal ownership of shares. More By This Author:Current Analysis: Sociedad Química Y Minera De Chile
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