Energy | nashvillepost.com

The big freeze hits Delek's refinery

Delek US Holdings, the parent company of Mapco, late last week had to shut down part of its refinery east of Dallas after the recent cold snap sent some of its equipment haywire.

Jan 11, 2010 12:07 PM

Ohio company completes Stones River buy

Energy Focus Inc. has wrapped up its aquisition of Stones River Cos. for about $5 million in cash, stocks, earn-outs and other consideration. The two electrical contractors have big plans to capitalize on the stream of federal money earmarked for energy-efficiency upgrades. Shares of Energy Focus (Ticker: EFOI) are up about 20 percent today.

Jan 5, 2010 1:31 PM

Analyst action: Delek, Emdeon

The first Nashville-area upgrades of 2010 are for Delek US Holdings and Emdeon. Paul Sankey at Deutsche Bank has raised his rating on the refinery group, saying rising overall demand and good inventory management will boost profits this year. Sankey has hiked his target price for Delek (Ticker: DK) to $10 from $7. The shares are up about 7 percent early this morning. Over at Brean Murray, analyst Bret Jones isn't quite as pessimistic about Emdeon's prospects as he was in September and says the company looks set to surprise the street with its Q4 report next month. Shares of Emdeon (Ticker: EM) are up about 2 percent out of the gate.

Jan 4, 2010 8:36 AM

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Israel-based firm takes Delek stake

Insurance company 6% owner of Mapco parent

Dec 30, 2009 10:28 AM

Ky. gas station chain growing here

Louisville-based Thorntons has opened four gas stations in the Nashville market this month, lifting its total here to 10. To see the locations of eight of them — primarily on the east side — click here.

Dec 30, 2009 9:11 AM

Local energy savers to help Knoxville

The Brentwood office of national energy services consultants Ameresco are in line for a long-term utility management contract with Knoxville city officials that would be worth $19 million.

Dec 29, 2009 10:04 AM

On the possibility of a gas tax

The Journal's David Wessel says a big tax debate needs to start soon — and not just for folks who make $200,000 or more.

"Because taxing things we want people not to do — driving — makes a lot more sense than taxing things we do want them to do — working, save and invest."

Dec 29, 2009 9:19 AM

Technicals point in different directions for Tractor Supply, Delek

Heading toward the new year, investors seem to think Tractor Supply shares (Ticker: TSCO) can keep rising and get support from its moving averages. The opposite trend seems to at work for Delek (Ticker: DK), where the short-term average has dipped under its longer-term peers.

Dec 26, 2009 8:07 AM

Delek's majority owner with well-timed vote of confidence

Israel-based Delek Group last week bought more than 120,000 shares of Delek US, the parent of Mapco and other gas station brands in the Southeast. The purchases lifted the holding company's stake in its U.S. arm to 74 percent and took place after the stock had fallen below $6, its lowest level since January. Since then, though, Delek (Ticker: DK) has rebounded 15 percent — and continued to rise after hours Tuesday — adding to 2009 gains that are nearing 30 percent.

Dec 23, 2009 8:55 AM

Tri Star selling group of gas stations

Tri Star Energy, the joint venture that runs more than 200 gas stations in Tennessee and Kentucky, will sell an undisclosed number of those outlets early next year. The details of the auction will be made available Jan. 10.

Dec 22, 2009 2:55 PM