Delek Logistics Partners, LP (DKL)

NYSE: DKL · IEX Real-Time Price · USD
39.51
+0.65 (1.67%)
May 17, 2024, 4:00 PM EDT - Market closed
1.67%
Market Cap 1.86B
Revenue (ttm) 1.03B
Net Income (ttm) 121.52M
Shares Out 47.22M
EPS (ttm) 2.76
PE Ratio 14.32
Forward PE 10.56
Dividend $4.45 (11.26%)
Ex-Dividend Date May 7, 2024
Volume 66,429
Open 38.85
Previous Close 38.86
Day's Range 38.60 - 39.51
52-Week Range 36.50 - 58.81
Beta 2.06
Analysts Buy
Price Target 45.33 (+14.73%)
Earnings Date May 7, 2024

About DKL

Delek Logistics Partners, LP provides gathering, pipeline, transportation, and other services for crude oil, intermediates, refined products, natural gas, storage, wholesale marketing, terminalling water disposal and recycling customers in the United States. The Gathering and Processing segment consists of pipelines, tanks, and offloading facilities that provide crude oil and natural gas gathering and processing, water disposal and recycling, and storage services, as well as crude oil transportation services to third parties. The Wholesale Mark... [Read more]

Sector Energy
Founded 2012
Country United States
Stock Exchange NYSE
Ticker Symbol DKL
Full Company Profile

Financial Performance

In 2023, DKL's revenue was $1.02 billion, a decrease of -1.54% compared to the previous year's $1.04 billion. Earnings were $126.24 million, a decrease of -20.63%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for DKL stock is "Buy." The 12-month stock price forecast is $45.33, which is an increase of 14.73% from the latest price.

Price Target
$45.33
(14.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Delek Logistics Reports First Quarter 2024 Results

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the first quarter 2024, with reported net income attributable ...

11 days ago - Business Wire

Delek US Holdings Increases Regular Quarterly Dividend

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (the “Company” or “Delek US”) announced that its Board of Directors has approved a $0.005 per share increase in the regular quarterly dividen...

Other symbols: DK
16 days ago - Business Wire

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.07 per Common Limited Partner Unit

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the first quarter 2024 of $1.07 per common limited pa...

23 days ago - Business Wire

Delek Logistics Partners, LP Announces Pricing of Offering of $200 Million of Additional 8.625% Senior Notes Due 2029

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek Logistics (toge...

5 weeks ago - Business Wire

Delek Logistics Partners, LP Announces Proposed Offering of $200 Million of Additional 8.625% Senior Notes Due 2029

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek Logistics (toge...

5 weeks ago - Business Wire

Delek Logistics Partners, LP to Host First Quarter 2024 Conference Call on May 7th

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today announced that the Partnership intends to issue a press release summarizing first quarter 2024 res...

5 weeks ago - Business Wire

Delek Logistics Partners, LP Announces Closing of Public Offering of Common Units and Full Exercise of Underwriters' Option to Purchase Additional Units

BRENTWOOD, Tenn. , March 12, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") announced today that it has closed its previously announced underwritten public offering ...

Other symbols: DK
2 months ago - PRNewsWire

Delek Logistics Partners, LP and Delek Logistics Finance Corp. Announce Results of Tender Offer for Any and All of their Outstanding 6.75% Senior Notes due 2025

BRENTWOOD, Tenn. , March 11, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") and Delek Logistics Finance Corp., a subsidiary of Delek Logistics (together with Delek L...

Other symbols: DK
2 months ago - PRNewsWire

Delek Logistics Partners, LP Announces Pricing of Public Offering of Common Units

BRENTWOOD, Tenn. , March 7, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") announced today the pricing of its underwritten public offering of 3,116,884 common units ...

Other symbols: DK
2 months ago - PRNewsWire

Delek Logistics Partners, LP Announces Proposed Public Offering of Common Units

BRENTWOOD, Tenn. , March 7, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") announced today that it has commenced an underwritten public offering of $120,000,000 of c...

Other symbols: DK
2 months ago - PRNewsWire

Delek Logistics Partners, LP 2023 K-1 Tax Packages Available on Website

BRENTWOOD, Tenn. , March 6, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) today announced that 2023 K-1 tax packages are now available on our third-party provider's website, https://ww...

2 months ago - PRNewsWire

Delek Logistics Partners, LP Announces Pricing of Upsized Offering of $650 Million of Senior Notes

BRENTWOOD, Tenn. , Feb. 28, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek L...

Other symbols: DK
2 months ago - PRNewsWire

Delek Logistics Partners, LP and Delek Logistics Finance Corp. Announce Tender Offer for Any and All of their Outstanding 6.75% Senior Notes due 2025

BRENTWOOD, Tenn. , Feb. 28, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") and Delek Logistics Finance Corp., a subsidiary of Delek Logistics (together with Delek Lo...

Other symbols: DK
2 months ago - PRNewsWire

Delek Logistics Partners, LP Announces Proposed Offering of $550 Million of Senior Notes

BRENTWOOD, Tenn. , Feb. 28, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek L...

Other symbols: DK
2 months ago - PRNewsWire

Delek Logistics Reports Fourth Quarter 2023 Results and 2024 Capital Program

Fourth Quarter Net income attributable to all partners of $22.1 million Quarterly EBITDA of $86.1 million, adjusted EBITDA of $100.9 million Distributable cash flow of $64.6 million, DCF coverage rati...

2 months ago - PRNewsWire

Delek US Holdings Reports Fourth Quarter 2023 Results and 2024 Capital Program

Fourth Quarter Net loss of $164.9 million or $2.57 per share, adjusted net loss of $93.2 million or $1.46 per share, adjusted EBITDA of $60.6 million Returned $35.4 million to shareholders through div...

Other symbols: DK
2 months ago - PRNewsWire

Delek US Holdings' Big Spring Refinery Selected by the Department of Energy for Carbon Capture Project

BRENTWOOD, Tenn. , Feb. 2, 2024 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that it has been selected by the Department of Energy's (DOE) Office of Clean Energy Dem...

Other symbols: DK
3 months ago - PRNewsWire

Delek US Holdings to Host Fourth Quarter 2023 Conference Call on February 27th

BRENTWOOD, Tenn. , Jan. 26, 2024 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that the Company intends to issue a press release summarizing fourth quarter 2023 resul...

Other symbols: DK
4 months ago - PRNewsWire

Delek Logistics Partners, LP to Host Fourth Quarter 2023 Conference Call on February 27th

BRENTWOOD, Tenn. , Jan. 26, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing fourth q...

Other symbols: DK
4 months ago - PRNewsWire

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.055 per Common Limited Partner Unit

BRENTWOOD, Tenn. , Jan. 24, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the fourth quarter 2023 of $1.055 per c...

Other symbols: DK
4 months ago - PRNewsWire

Delek US Holdings Board Appoints New Director

BRENTWOOD, Tenn. , Jan. 18, 2024 /PRNewswire/ -- Delek US Holdings, Inc. (the "Company" or "Delek US") announced that its Board of Directors has appointed Christine Benson Schwartzstein to serve as an...

4 months ago - PRNewsWire

Delek Logistics Reports Third Quarter 2023 Results

Net income attributable to all partners of $34.8 million Record quarterly EBITDA of $98.2 million Record throughput in Midland Gathering  Distributable cash flow of $61.4 million    Distributable cash...

6 months ago - PRNewsWire

Delek US Holdings Reports Third Quarter 2023 Results

Net income of $128.7 million or $1.97 per share Adjusted net income of $131.9 million or $2.02 per share Adjusted EBITDA of $345.1 million Delivered record total throughput in Refining and quarterly e...

Other symbols: DK
6 months ago - PRNewsWire

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.045 per Common Limited Partner Unit

BRENTWOOD, Tenn. , Oct. 25, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the third quarter 2023 of $1.045 per co...

Other symbols: DK
7 months ago - PRNewsWire

Delek Logistics Partners, LP to Host Third Quarter 2023 Conference Call on November 7th

BRENTWOOD, Tenn., Oct. 10, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing third qua...

Other symbols: DK
7 months ago - PRNewsWire