Delek Logistics Partners, LP (DKL)
Market Cap | 1.90B |
Revenue (ttm) | 1.02B |
Net Income (ttm) | 126.24M |
Shares Out | 47.20M |
EPS (ttm) | 2.89 |
PE Ratio | 13.90 |
Forward PE | 10.69 |
Dividend | $4.41 (10.97%) |
Ex-Dividend Date | May 7, 2024 |
Volume | 148,403 |
Open | 39.50 |
Previous Close | 39.32 |
Day's Range | 39.32 - 40.54 |
52-Week Range | 36.50 - 58.81 |
Beta | 2.08 |
Analysts | Buy |
Price Target | 45.33 (+12.85%) |
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]
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 StatementsAnalyst 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 12.85% from the latest price.
News
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...
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
Delek US Holdings Increases Regular Quarterly Dividend
BRENTWOOD, Tenn. , Feb. 20, 2024 /PRNewswire/ -- 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 qua...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Delek US Holdings to Host Third Quarter 2023 Conference Call on November 7th
BRENTWOOD, Tenn. , Oct. 10, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that the Company intends to issue a press release summarizing third quarter 2023 result...