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S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Saudi viewers angry over apparent ban on World Cup streaming
Walmart shooting claims teen, young woman, father, mother
THE BEST BLACK FRIDAY DEAL YET (Ad)
Cuba's informal market finds new space on growing internet
Best Buy Proves Brick and Mortar is Here to Stay
See how to make money instead of spending it on Black Friday with this offer (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Saudi viewers angry over apparent ban on World Cup streaming
Walmart shooting claims teen, young woman, father, mother
THE BEST BLACK FRIDAY DEAL YET (Ad)
Cuba's informal market finds new space on growing internet
Best Buy Proves Brick and Mortar is Here to Stay
See how to make money instead of spending it on Black Friday with this offer (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Saudi viewers angry over apparent ban on World Cup streaming
Walmart shooting claims teen, young woman, father, mother
THE BEST BLACK FRIDAY DEAL YET (Ad)
Cuba's informal market finds new space on growing internet
Best Buy Proves Brick and Mortar is Here to Stay
See how to make money instead of spending it on Black Friday with this offer (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
NYSE:DKL

Delek Logistics Partners - DKL Stock Forecast, Price & News

$52.36
-1.24 (-2.31%)
(As of 11/25/2022 08:57 PM ET)
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Compare
Today's Range
$52.36
$54.27
50-Day Range
$48.98
$56.27
52-Week Range
$39.00
$64.46
Volume
26,100 shs
Average Volume
78,404 shs
Market Capitalization
$2.28 billion
P/E Ratio
14.38
Dividend Yield
7.56%
Price Target
$46.00

Delek Logistics Partners MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
12.1% Downside
$46.00 Price Target
Short Interest
Healthy
4.01% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$2.21 M Sold Last Quarter
Proj. Earnings Growth
40.25%
From $3.95 to $5.54 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.95 out of 5 stars

Oils/Energy Sector

172nd out of 243 stocks

Pipelines, Except Natural Gas Industry

8th out of 12 stocks

DKL stock logo

About Delek Logistics Partners (NYSE:DKL) Stock

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, and Big Spring refineries, as well as offers crude oil and other products transportation services to third parties. This segment operates approximately 400 miles of crude oil transportation pipelines; 450 miles of refined product pipelines; and approximately 900 miles of crude oil gathering, and intermediate and refined products storage tanks with an aggregate of approximately 10.2 million barrels of active shell capacity. The Wholesale Marketing and Terminalling segment provides wholesale marketing, transporting, storage, and terminalling services related to refined products to independent third parties. The Investments in Pipeline Joint Ventures Segment owns a portion of three joint ventures that have constructed separate crude oil pipeline systems and related ancillary assets, which serves third parties and subsidiaries. Delek Logistics GP, LLC serves as the general partner of the company. Delek Logistics Partners, LP was incorporated in 2012 and is headquartered in Brentwood, Tennessee. Delek Logistics Partners, LP operates as a subsidiary of Delek US Holdings, Inc.

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DKL Stock News Headlines

DKL Delek Logistics Partners, LP
Delek Logistics Partners (NYSE: DKL)
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DKL Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 11/10 Dividend
11/03/2022
Dividend Payable
11/10/2022
Today
11/28/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/22/2023

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Fax
N/A
Employees
2,020
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$46.00
High Stock Price Forecast
$46.00
Low Stock Price Forecast
$46.00
Forecasted Upside/Downside
-12.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$164.82 million
Pretax Margin
16.59%

Debt

Sales & Book Value

Annual Sales
$700.90 million
Cash Flow
$4.97 per share
Book Value
($2.39) per share

Miscellaneous

Free Float
43,057,000
Market Cap
$2.28 billion
Optionable
Optionable
Beta
2.19

Key Executives

  • Mr. Ezra Uzi Yemin (Age 54)
    Exec. Chairman of Delek Logistics GP LLC
  • Mr. Reuven Avraham Spiegel (Age 66)
    Exec. VP, CFO & Director of Delek Logistics GP LLC
  • Ms. Denise Clark McWatters (Age 62)
    Exec. VP, Gen. Counsel & Sec. of Delek Logistics GP LLC
  • Mr. Odely Sakazi (Age 38)
    Sr. VP of Delek Logistics GP LLC
    Comp: $298.6k
  • Mr. Avigal Soreq (Age 44)
    Pres, CEO & Director of Delek Logistics GP, LLC
  • Mr. Todd O'Malley (Age 48)
    Chief Operating Officer of Delek Logistics GP, LLC
  • Mr. Robert Wright (Age 38)
    Sr. VP & Chief Accounting Officer of Delek Logistics GP, LLC
  • Keith Johnson
    VP of Investor Relations of Delek Logistics GP, LLC
  • Mr. Blake Michael Fernandez
    Sr. VP of Investor Relations & Market Intelligence of Delek Logistics GP LLC
  • Mr. Michael P. Ralsky
    VP of Gov. Affairs, Public Affairs & Communications for Delek Logistics GP, LLC













DKL Stock - Frequently Asked Questions

Should I buy or sell Delek Logistics Partners stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Delek Logistics Partners in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DKL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DKL, but not buy additional shares or sell existing shares.
View DKL analyst ratings
or view top-rated stocks.

What is Delek Logistics Partners' stock price forecast for 2023?

1 brokerages have issued twelve-month target prices for Delek Logistics Partners' stock. Their DKL share price forecasts range from $46.00 to $46.00. On average, they anticipate the company's stock price to reach $46.00 in the next year. This suggests that the stock has a possible downside of 12.1%.
View analysts price targets for DKL
or view top-rated stocks among Wall Street analysts.

How have DKL shares performed in 2022?

Delek Logistics Partners' stock was trading at $42.73 at the beginning of 2022. Since then, DKL stock has increased by 22.5% and is now trading at $52.36.
View the best growth stocks for 2022 here
.

Are investors shorting Delek Logistics Partners?

Delek Logistics Partners saw a increase in short interest in October. As of October 31st, there was short interest totaling 348,100 shares, an increase of 17.2% from the October 15th total of 297,000 shares. Based on an average daily trading volume, of 127,600 shares, the days-to-cover ratio is presently 2.7 days. Approximately 4.0% of the shares of the stock are sold short.
View Delek Logistics Partners' Short Interest
.

When is Delek Logistics Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our DKL earnings forecast
.

How were Delek Logistics Partners' earnings last quarter?

Delek Logistics Partners, LP (NYSE:DKL) posted its quarterly earnings data on Thursday, November, 4th. The oil and gas producer reported $1.00 EPS for the quarter, missing the consensus estimate of $1.09 by $0.09. The oil and gas producer had revenue of $189.63 million for the quarter, compared to analysts' expectations of $172.75 million. Delek Logistics Partners had a negative trailing twelve-month return on equity of 143.27% and a net margin of 16.51%. During the same period in the previous year, the company earned $1.26 EPS.

How often does Delek Logistics Partners pay dividends? What is the dividend yield for Delek Logistics Partners?

Delek Logistics Partners announced a quarterly dividend on Tuesday, October 25th. Shareholders of record on Friday, November 4th will be given a dividend of $0.99 per share on Thursday, November 10th. This represents a $3.96 dividend on an annualized basis and a yield of 7.56%. The ex-dividend date of this dividend is Thursday, November 3rd. This is a positive change from the stock's previous quarterly dividend of $0.99.
Read our dividend analysis for DKL
.

Is Delek Logistics Partners a good dividend stock?

Delek Logistics Partners (NYSE:DKL) pays an annual dividend of $3.96 per share and currently has a dividend yield of 7.56%. DKL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 108.79%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, DKL will have a dividend payout ratio of 71.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DKL.

What other stocks do shareholders of Delek Logistics Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Delek Logistics Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), AT&T (T), NGL Energy Partners (NGL), Ares Capital (ARCC), New Residential Investment (NRZ), Höegh LNG Partners (HMLP), Annaly Capital Management (NLY), GasLog Partners (GLOP) and PBF Logistics (PBFX).

What is Delek Logistics Partners' stock symbol?

Delek Logistics Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "DKL."

Who are Delek Logistics Partners' major shareholders?

Delek Logistics Partners' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Group One Trading L.P. (0.00%), UBS Group AG (0.15%), Blackstone Inc. (0.12%), First Trust Advisors LP (0.12%), Citadel Advisors LLC (0.00%) and Raymond James & Associates (0.09%). Insiders that own company stock include Charles J Brown III, Ezra Uzi Yemin, Francis C D'andrea, Francis C D'andrea, Nilah Staskus, Odely Sakazi and Reuven Spiegel.
View institutional ownership trends
.

How do I buy shares of Delek Logistics Partners?

Shares of DKL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Delek Logistics Partners' stock price today?

One share of DKL stock can currently be purchased for approximately $52.36.

How much money does Delek Logistics Partners make?

Delek Logistics Partners (NYSE:DKL) has a market capitalization of $2.28 billion and generates $700.90 million in revenue each year. The oil and gas producer earns $164.82 million in net income (profit) each year or $3.64 on an earnings per share basis.

How many employees does Delek Logistics Partners have?

The company employs 2,020 workers across the globe.

How can I contact Delek Logistics Partners?

Delek Logistics Partners' mailing address is 7102 COMMERCE WAY, BRENTWOOD TN, 37027. The official website for the company is www.deleklogistics.com. The oil and gas producer can be reached via phone at (615) 771-6701 or via email at dklir@deleklogistics.com.

This page (NYSE:DKL) was last updated on 11/28/2022 by MarketBeat.com Staff