Delek Logistics Partners LP (DKL)

NYSE: DKL · Delayed Price · USD
57.66
2.15 (3.87%)
At close: May 25, 2022 4:00 PM
58.00
0.34 (0.59%)
After-hours:May 25, 2022 7:41 PM EDT
Market Cap2.51B
Revenue (ttm)754.57M
Net Income (ttm)168.07M
Shares Out43.47M
EPS (ttm)3.87
PE Ratio14.91
Forward PE11.71
Dividend$3.85 (6.67%)
Ex-Dividend DateMay 4, 2022
Volume68,843
Open55.00
Previous Close55.51
Day's Range54.70 - 58.13
52-Week Range36.56 - 58.13
Beta2.44
AnalystsSell
Price Target52.02 (-9.8%)
Earnings DateMay 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,...

IndustryOil, Gas & Consumable Fuels
Founded2012
CEOEzra Yemin
Employees2,021
Stock ExchangeNYSE
Ticker SymbolDKL
Full Company Profile

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 Statements

Analyst 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.

Price Target
$52.02
(-9.78% downside)
Analyst Consensus: Sell
Stock Forecasts

News

3 Underrated Energy Stocks to Put on Your Radar

These energy stocks have quietly put together impressive track records.

Other symbols:AQNHASI
4 days ago - The Motley Fool

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.

2 weeks ago - Zacks Investment Research

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...

Other symbols:DK
3 weeks ago - PRNewsWire

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...

Other symbols:DK
3 weeks ago - PRNewsWire

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.

Other symbols:METCRTL
4 weeks ago - Zacks Investment Research

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.

Other symbols:DK
1 month ago - The Motley Fool

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...

1 month ago - PRNewsWire

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...

Other symbols:DK
1 month ago - PRNewsWire

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...

Other symbols:DK
1 month ago - PRNewsWire

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 ...

Other symbols:ETOKE
1 month ago - Zacks Investment Research

5 Pipeline Stocks to Hedge Your Portfolio Against Inflation

SUN, DCP, DKL, MPLX and TRGP are among the best inflation-protected investments in today's markets.

Other symbols:DCPMPLXSUNTRGP
1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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 ...

Other symbols:DK
1 month ago - PRNewsWire

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.

1 month ago - Zacks Investment Research

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'...

Other symbols:DK
1 month ago - PRNewsWire

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.

2 months ago - PRNewsWire

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...

Other symbols:DK
2 months ago - PRNewsWire

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.

Other symbols:DK
3 months ago - PRNewsWire

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...

Other symbols:DK
4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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.

5 months ago - Zacks Investment Research

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...

Other symbols:DK
5 months ago - PRNewsWire

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...

Other symbols:DK
5 months ago - PRNewsWire

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.

6 months ago - PRNewsWire