Delek Logistics Partners, LP (DKL)

NYSE: DKL · Real-Time Price · USD
40.49
+0.50 (1.25%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.25%
Market Cap 2.08B
Revenue (ttm) 984.92M
Net Income (ttm) 129.53M
Shares Out 51.47M
EPS (ttm) 2.83
PE Ratio 14.30
Forward PE 12.45
Dividend $4.40 (10.87%)
Ex-Dividend Date Nov 8, 2024
Volume 1,403,141
Open 39.99
Previous Close 39.99
Day's Range 39.71 - 41.00
52-Week Range 37.02 - 47.67
Beta 2.09
Analysts Buy
Price Target 44.00 (+8.67%)
Earnings Date Nov 6, 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 4 analysts, the average rating for DKL stock is "Buy." The 12-month stock price forecast is $44.0, which is an increase of 8.67% from the latest price.

Price Target
$44.0
(8.67% upside)
Analyst Consensus: Buy
Stock Forecasts

News

11-14% Yields: Give Yourself The Gift Of Dividends For Christmas

Big dividend stocks are on a big holiday sale this Christmas season. Even in some of the most in-favor sectors of the high-yield space, bargains can still be found. I share some well-covered 11-14% di...

4 days ago - Seeking Alpha

Gravity Agrees to Sell Water Midstream Business to Delek Logistics

HOUSTON , Dec. 12, 2024 /PRNewswire/ -- Gravity Oilfield Services Inc. ("Gravity" or the "company"), a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital ...

9 days ago - PRNewsWire

Delek Logistics' Announces FID on Acid Gas Injection “AGI” at the Libby Gas Complex, Incremental Crude Acreage Dedication and a Bolt-on Water Acquisition

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics” or “DKL”) announced the development of permitted acid gas injection “AGI” capabilities at its under-const...

9 days ago - Business Wire

The Higher They Soar, The More I Buy

My favorite sector has performed extremely well in recent years. However, despite the incredible run it has been on, I think now is the best time yet to buy it. I share why and some of my top picks of...

Other symbols: AMLPCEGCVXENBEPDETKMI
4 weeks ago - Seeking Alpha

10-12% Yields: The More They Drop, The More I Buy

The market has been soaring lately due to Fed rate cuts, lowered recession fears, and a Republican sweep of the November elections. However, there are still some very compelling high-yield opportuniti...

Other symbols: AMLPDKENBEPDOXYWES
5 weeks ago - Seeking Alpha

Delek Logistics Partners Upgraded After Q3 Results

Delek Logistics Partners, LP is now rated a potential buy opportunity, with a target price between $40 and $44 per share. Despite a 17.84% drop in share price over the past year, momentum is positive,...

6 weeks ago - Seeking Alpha

Delek Logistics Partners: Impressive Q3 Performance, Buy

Delek Logistics Partners, LP has shown impressive yield growth, now at nearly 11%, with 47 consecutive quarterly dividend increases despite recent capital losses. The Q3 earnings report highlighted a ...

6 weeks ago - Seeking Alpha

Delek Logistics Partners, LP Common Units (DKL) Q3 2024 Earnings Call Transcript

Delek Logistics Partners, LP Common Units (NYSE:DKL) Q3 2024 Earnings Call November 6, 2024 11:30 AM ET Company Participants Robert Wright - Deputy Chief Financial Officer Avigal Soreq - President Jo...

6 weeks ago - Seeking Alpha

Delek Logistics Reports Record Third Quarter 2024 Results

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the third quarter 2024. “Delek Logistics continues to provide ...

6 weeks ago - Business Wire

Delek US Holdings Announces Quarterly Dividend

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (the “Company” or “Delek US”) announced that its Board of Directors has approved a quarterly dividend of $0.255 per share, to be paid on Nove...

7 weeks ago - Business Wire

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.10 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 third quarter 2024 of $1.10 per common limited pa...

7 weeks ago - Business Wire

11-14% Yielding Dividend Growers: 2 To Buy And 1 To Sell

High-yield dividend growth stocks can make for exceptional passive income machines and wealth-compounding instruments. However, exceptionally high yields demand extra caution from investors. We discus...

2 months ago - Seeking Alpha

Buy The Dip: Big Dividend Stocks Getting Way Too Cheap

After a fierce rally in big dividend stocks, some have pulled back sharply. This article discusses two of them. One is a powerful dividend growth stock that also offers a high yield, and the other is ...

Other symbols: BEPBEPCDKUTF
2 months ago - Seeking Alpha

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

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today that it has closed its previously announced underwritten public offering of 4,423,075 co...

2 months ago - Business Wire

Delek Logistics Partners, Futu Holdings, NetEase And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 50 points on Wednesday.

Other symbols: FUTUNTES
2 months ago - Benzinga

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

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today the pricing of its underwritten public offering of 3,846,153 common units representing l...

2 months ago - Business Wire

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

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today that it has commenced an underwritten public offering of $150,000,000 of common units re...

2 months ago - Business Wire

Midstream Energy - Relative Quality

Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of...

Other symbols: AMCAPLCQPDTMENBENLCEPD
2 months ago - Seeking Alpha

Delek Logistics Partners, LP Announces 12-Year Acreage Dedication

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today the execution of a 12-year acreage dedication & crude oil gathering agreement for an add...

2 months ago - Business Wire

Buy The Dip: 10% Yields Getting Way Too Cheap

The high-yield space has undergone a sharp bifurcation recently. We discuss what this bifurcation is and what is driving it. We discuss two quality and growing 10%-yields that are way too cheap right ...

Other symbols: AMLPBIPBIZDBXBXSLDKMS
3 months ago - Seeking Alpha

Delek Logistics Partners, LP to Host Third Quarter 2024 Conference Call on November 6th

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

3 months ago - Business Wire

Delek Logistics Partners, LP Announces Closing of H2O Midstream Acquisition

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today the closing of the previously announced acquisition of H2O Midstream, a portfolio compan...

3 months ago - Business Wire

DKL Logistics LP: Record Earnings, 11% Yield, Major Expansion

DKL Logistics LP, a master limited partnership, focuses on crude oil and refined products logistics, with significant assets supporting Delek US Holdings' refineries. Despite flat revenues and net inc...

4 months ago - Seeking Alpha

Delek Logistics Partners, LP Announces Pricing of Upsized 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...

4 months ago - Business Wire

Delek Logistics Partners, LP Announces Proposed Offering of $100 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...

4 months ago - Business Wire