DLXY Delixy Holdings Limited
2.260USD-5.83%Mkt Cap: 7.39M $P/E: —1d ago
Delixy Holdings Limited, an investment holding company, engages in the wholesale trading of crude oil and oil-based products in Southeast Asia, East Asia, and the Middle East. It engages physical trading; risk control, c…
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Sector Update: Energy Stocks Fall Late Afternoon Energy stocks were lower late Wednesday afternoon, with the NYSE Energy Sector Index falling 3.1% an | ||
 Delixy Holdings Signs Non-Binding LOI for Up to 48% Stake in Kazakhstan’s Sarybulak Oil Field The proposed transaction could expand Delixy’s operations from oil trading into upstream production, although deal terms, regulatory approvals and financing arrangements remain unresolved. Key Investor TakeawaysDelixy Holdings (NASDAQ:DLXY) has signed a non-binding letter of intent to pursue an acquisition or merger involving up to 48% of Tarbagatay Munay, operator of Kazakhstan’s Sarybulak Oil Field. | ||