Delek Logistics Partners LP (DKL)
| Market Cap | 2.51B |
| Revenue (ttm) | 754.57M |
| Net Income (ttm) | 168.07M |
| Shares Out | 43.47M |
| EPS (ttm) | 3.87 |
| PE Ratio | 14.91 |
| Forward PE | 11.71 |
| Dividend | $3.85 (6.67%) |
| Ex-Dividend Date | May 4, 2022 |
| Volume | 68,843 |
| Open | 55.00 |
| Previous Close | 55.51 |
| Day's Range | 54.70 - 58.13 |
| 52-Week Range | 36.56 - 58.13 |
| Beta | 2.44 |
| Analysts | Sell |
| Price Target | 52.02 (-9.8%) |
| Earnings Date | May 3, 2022 |
About DKL
Delek Logistics Partners, LP owns and operates logistics and marketing assets for crude oil, and intermediate and refined products in the United States. It operates through three segments: Pipelines and Transportation, Wholesale Marketing and Terminalling, and Investment in Pipeline Joint Ventures. The Pipelines and Transportation segment includes pipelines, trucks, and ancillary assets that provide crude oil gathering, crude oil intermediate and refined products transportation, and storage services primarily in support of the Tyler, El Dorado,...
Financial Performance
In 2021, DKL's revenue was $700.90 million, an increase of 24.40% compared to the previous year's $563.42 million. Earnings were $164.82 million, an increase of 3.50%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for DKL stock is "Sell." The 12-month stock price forecast is 52.02, which is a decrease of -9.78% from the latest price.
News
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3 Reasons Growth Investors Will Love Delek Logistics Partners, L.P. (DKL)
Delek Logistics Partners, L.P. (DKL) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Delek US Holdings Reports First Quarter 2022 Results
Reported first quarter net income of $6.6 million or $0.09 per share and Adjusted EBITDA of $172.8 million Completed $64 million share acquisition from the Icahn Group at $18.30/share, reducing shares o...
Delek Logistics Partners, LP Reports First Quarter 2022 Results
Reported first quarter net income attributable to all partners of $39.5 million EBITDA of $66.0 million represented an increase of 12% y/y First quarter distributable cash flow coverage ratio of 1.21x a...
Best Income Stocks to Buy for April 27th
RTL, METC, and DKL made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 27, 2022.
This Under-the-Radar Passive Income Producer Yields 7% With Plenty of Fuel to Keep Growing
The company recently unveiled an acquisition that will give it more fuel to continue growing its big-time payout.
Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.98 per Common Limited Partner Unit
BRENTWOOD, Tenn. , April 25, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the first quarter 2022 of $0.98 per comm...
Delek Logistics Partners, LP to Host First Quarter 2022 Conference Call on May 3rd
BRENTWOOD, Tenn. , April 20, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing first qua...
Delek US Holdings to Host First Quarter 2022 Conference Call on May 3rd
BRENTWOOD, Tenn. , April 20, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that the Company intends to issue a press release summarizing first quarter 2022 results...
Bet on 3 Prospective Oil Pipeline Stocks in a Promising Industry
Midstream business has lower exposure to oil and gas price volatility, brightening up the outlook for the Zacks Oil and Gas - Pipeline MLP industry. Energy Transfer LP (ET), ONEOK, Inc. (OKE) and Delek ...
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SUN, DCP, DKL, MPLX and TRGP are among the best inflation-protected investments in today's markets.
Delek (DKL) Expands in Permian Basin by Acquiring 3Bear Energy
Delek Logistics Partners, LP (DKL) increases its footprint in the Permian Basin by acquiring 3Bear Energy for $624.7 million.
Delek Logistics (DKL) to Expand in Permian Via Acquisitions
Delek Logistics Partners' (DKL) unit enters into an agreement to acquire 100% equity interests of 3Bear Delaware Holding. This acquisition is set to further expand DKL's operation in the Permian Basin.
Delek Logistics Partners, LP Announces Acquisition of 3Bear Energy Increasing its Prominent Position in the Permian B...
BRENTWOOD, Tenn. , April 11, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) announced today that one of its subsidiaries has signed a definitive purchase agreement for the acquisition of ...
Looking for a Growth Stock? 3 Reasons Why Delek Logistics Partners, L.P.
Delek Logistics Partners, L.P. (DKL) possesses solid growth attributes, which could help it handily outperform the market.
Delek US and Delek Logistics Announce Leadership and Governance Updates
Uzi Yemin to transition from DK CEO to DK Executive Chairman, effective June 2022; Avigal Soreq named Successor DK CEO Uzi Yemin to remain Chairman of DKL and Avigal Soreq named President of DKL Todd O'...
Delek Logistics Partners, LP 2021 K-1 Tax Packages Available on Website
BRENTWOOD, Tenn. , March 15, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) today announced that 2021 K-1 tax packages are now available on its website, www.deleklogistics.com.
Delek Logistics Partners, LP 2021 Form 10-K Available on Website
BRENTWOOD, Tenn., March 2, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) today announced that its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 was filed with th...
Delek US Holdings Reports Fourth Quarter 2021 Results
BRENTWOOD, Tenn., Feb. 23, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced financial results for its fourth quarter ended December 31, 2021.
Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.975 per Common Limited Partner Unit
BRENTWOOD, Tenn., Jan. 21, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the fourth quarter 2021 of $0.975 per comm...
Delek Logistics Partners, LP to Host Fourth Quarter 2021 Conference Call on February 24
BRENTWOOD, Tenn., Jan. 14, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing fourth quar...
Delek (DK) to Partially Divest Delek Logistics Partners' Units
In the future, Delek US Holdings (DK) will explore methods to monetize incremental units, with an emphasis on preserving DKL unitholders and the residual ownership stake.
Delek US Announces Partial Sale Program of Delek Logistics Partners Units
BRENTWOOD, Tenn., Dec. 22, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE:DK) has commenced a program to sell up to 434,590 common limited partner units in Delek Logistics Partners, LP (NYSE:DKL) ov...
Delek US and Delek Logistics Announces 2022 Capital Program
BRENTWOOD, Tenn., Dec. 15, 2021 /PRNewswire/ -- Today Delek US Holdings, Inc. (NYSE:DK) and Delek Logistics Partners, LP (NYSE:DKL) announced their 2022 capital spending budget with a range of approxima...
Delek Logistics Partners, LP Reports Third Quarter 2021 Results
BRENTWOOD, Tenn., Nov. 4, 2021 /PRNewswire/ --- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the third quarter 2021.