Delixy (DLXY)
Physical trader of crude oil and oil-based products with credit and logistics support.
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Sells crude oil and oil-based products to regional energy-market counterparties, generally matching a customer order with a supplier purchase and earning a markup. The asset-light model relies on credit, logistics coordination, hedging, and third-party cargo movement.
Trades crude oil and oil-based products through the Sale of crude oil and Sale of oil-based products segments. Crude serves refineries and trading companies across East Asia, Southeast Asia, and the Middle East; oil-based products include fuel oil, motor gasoline, additives, condensate, base oils, asphalt, petrochemicals, and naphtha.
Uses an asset-light, back-to-back model that pairs customer orders with supplier purchases, finances customer credit, coordinates shipping, and hedges physical exposure. Markups reflect purchase cost, volume, delivery timing, credit terms, and relationships, while third parties handle cargo movement. Operations depend on order-by-order supply, collections, bank facilities, external logistics, and a Singapore operating subsidiary beneath Cayman and BVI holding companies.
Company facts
Categories
No analyst consensus on record.
Not reported.
Balance sheet, Dec 31, 2025Cash & short-term investments $1.8M · Total debt $4.0M · Total assets $24.9M · Shareholders' equity $105.0K
- Revenue
- $159.5M
- Operating income
- −$3.8M
- Net income
- −$3.9M
No dividends on record.
| Institutions7 holders · as of Mar 31, 2026 | 0.71% | 116.5K shares | |
| Insiders2 holders · as of Aug 5, 2025 | 127.34% | 20.82M shares | |
| Adds to | 128.05% |
16.35M company shares as of Aug 29, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 128.05%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Dongjian Xie1Insiderdirector, 10 percent owner, officer: CEO | 112.24% | 9.18M · 9.18M | 13Dfiled Aug 5, 2025 ↗ |
Tran Tieu CamInsider | 15.09% | 2.47M | 13Dfiled Aug 5, 2025 ↗ |
Virtu Financial LLCInstitution | 0.20% | 32,167 | 13Fas of Mar 31, 2026 |
Two Sigma Investments, LPInstitution | 0.11% | 17,969 | 13Fas of Mar 31, 2026 |
Citadel Advisors LLCInstitution | 0.11% | 17,276 | 13Fas of Mar 31, 2026 |
| See all 9 → | |||
- Dongjian Xie's transaction reports restate only vehicles that traded; the 2025 ownership statement (9.18M) is used instead.
13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more
Insider tradesForm 4
Nothing filed in the last 12 months.
- Shell (ADR)
Global trading and supply of crude, refined products, and petrochemicals.
- BP (ADR)
Integrated trading, shipping, and customer supply for crude and products.
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Delixy | $0.4371 | −0.64% | $7.2M | — | — | 0.0 | — |
| Shell (ADR) | $92.62 | −0.18% | $258.74B | 10.2 | 9.4 | 0.9 | +44.7% |
| BP (ADR) | $43.99 | +0.18% | $115.21B | 22.0 | 8.7 | 0.5 | +46.5% |
| Median | 16.1 | 9.1 | 0.7 | +45.6% |