US Energy Stocks Delek US Stake Cuts and Kinder Morgan Earnings Boost

Rangeley Capital LLC reduced its holding in Delek US Holdings, Inc., selling 42,000 shares in the first quarter and ending the period with 60,000 shares valued at about $2.7 million, representing roughly 0.10% of the oil and gas company's stock.

Separately, Kinder Morgan reported a strong second‑quarter performance that exceeded analyst expectations, prompting the company to raise its full‑year guidance. Management highlighted a highly contracted cash‑flow profile and a robust project pipeline, supporting dividend sustainability and a buy rating from analysts.