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NYSE:DKL

Delek Logistics Partners Stock Forecast, Price & News

$43.68
+1.23 (+2.90%)
(As of 12/1/2021 12:31 PM ET)
Add
Compare
Today's Range
$43.68
$43.68
50-Day Range
$42.45
$50.99
52-Week Range
$28.11
$51.56
Volume
1 shs
Average Volume
61,055 shs
Market Capitalization
$1.90 billion
P/E Ratio
11.59
Dividend Yield
8.68%
Beta
2.85
30 days | 90 days | 365 days | Advanced Chart
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Delek Logistics Partners logo

About Delek Logistics Partners

Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil, intermediate, and refined products. The firm gathers, transports and stores crude oil. It also markets, distributes, transports and stores refined products. The company operates through two segments: Pipelines & Transportation and Wholesale Marketing & Terminalling. The Pipelines & Transportation segment consists of crude oil transportation pipelines, refined product pipelines, crude oil gathering system, and associated crude oil storage tanks. The Wholesale Marketing & Terminalling segment provides marketing services for refined products output of the Tyler refinery, other than jet fuel and petroleum coke. Delek Logistics Partners was founded on April 24, 2012 and is headquartered in Brentwood, TN.

Headlines

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Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$563.42 million
Cash Flow
$4.55 per share
Book Value
($2.49) per share

Profitability

Net Income
$159.26 million
Pretax Margin
25.21%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$1.90 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Ex-Dividend
11/04/2021
Dividend Payable
11/10/2021
Today
12/01/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/22/2022

MarketRank

Overall MarketRank

2.17 out of 5 stars

Oils/Energy Sector

123rd out of 356 stocks

Pipelines, Except Natural Gas Industry

9th out of 21 stocks

Analyst Opinion: 1.0Community Rank: 4.0Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -












Delek Logistics Partners (NYSE:DKL) Frequently Asked Questions

Is Delek Logistics Partners a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delek Logistics Partners in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Delek Logistics Partners stock. 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 analyst ratings for Delek Logistics Partners
or view top-rated stocks.

How has Delek Logistics Partners' stock price been impacted by COVID-19?

Delek Logistics Partners' stock was trading at $11.02 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DKL stock has increased by 296.4% and is now trading at $43.68.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Delek Logistics Partners?

Delek Logistics Partners saw a increase in short interest in the month of October. As of October 29th, there was short interest totaling 211,500 shares, an increase of 19.7% from the October 14th total of 176,700 shares. Based on an average daily volume of 42,000 shares, the days-to-cover ratio is currently 5.0 days. Currently, 2.6% of the shares of the company are sold short.
View Delek Logistics Partners' Short Interest
.

When is Delek Logistics Partners' next earnings date?

Delek Logistics Partners is scheduled to release its next quarterly earnings announcement on Tuesday, February 22nd 2022.
View our earnings forecast for Delek Logistics Partners
.

How were Delek Logistics Partners' earnings last quarter?

Delek Logistics Partners, LP (NYSE:DKL) released its quarterly earnings results on Thursday, November, 4th. The oil and gas producer reported $1.00 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.09 by $0.09. The oil and gas producer earned $189.63 million during the quarter, compared to analysts' expectations of $172.75 million. Delek Logistics Partners had a net margin of 25.17% and a negative trailing twelve-month return on equity of 151.62%. During the same quarter in the previous year, the company earned $1.26 earnings per share.
View Delek Logistics Partners' earnings history
.

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 26th. Investors of record on Friday, November 5th will be given a dividend of $0.95 per share on Wednesday, November 10th. This represents a $3.80 annualized dividend and a dividend yield of 8.70%. The ex-dividend date of this dividend is Thursday, November 4th. This is a boost from Delek Logistics Partners's previous quarterly dividend of $0.94.
View Delek Logistics Partners' dividend history
.

Is Delek Logistics Partners a good dividend stock?

Delek Logistics Partners pays an annual dividend of $3.80 per share and currently has a dividend yield of 8.68%. DKL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Delek Logistics Partners has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Delek Logistics Partners is 100.80%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Delek Logistics Partners will have a dividend payout ratio of 85.39% in the coming year. This indicates that Delek Logistics Partners may not be able to sustain their current dividend.
View Delek Logistics Partners' dividend history.

What price target have analysts set for DKL?

2 brokerages have issued twelve-month price objectives for Delek Logistics Partners' stock. Their forecasts range from $45.00 to $47.00. On average, they expect Delek Logistics Partners' share price to reach $46.00 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price.
View analysts' price targets for Delek Logistics Partners
or view top-rated stocks among Wall Street analysts.

Who are Delek Logistics Partners' key executives?

Delek Logistics Partners' management team includes the following people:
  • Ezra Uzi Yemin, Chairman, President & Chief Executive Officer
  • Reuven Spiegel, Chief Financial Officer, Director & Executive VP
  • Todd O’Malley, Chief Commercial Officer & Executive VP
  • Denise Clark McWatters, Secretary, Executive VP & General Counsel
  • Nilah Staskus, Chief Accounting Officer & Senior Vice President

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 many different retail and institutional investors. Top institutional investors include Invesco Ltd. (4.45%), Goldman Sachs Group Inc. (0.77%), NFJ Investment Group LLC (0.24%), Deutsche Bank AG (0.11%), Citadel Advisors LLC (0.00%) and LPL Financial LLC (0.09%). Company insiders that own Delek Logistics Partners stock include Francis C D'andrea, Nilah Staskus, Odely Sakazi and Reuven Spiegel.
View institutional ownership trends for Delek Logistics Partners
.

Which major investors are selling Delek Logistics Partners stock?

DKL stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Morgan Stanley, NFJ Investment Group LLC, Virtus ETF Advisers LLC, Deutsche Bank AG, Tortoise Index Solutions LLC, Vident Investment Advisory LLC, and Advisor Group Holdings Inc.. Company insiders that have sold Delek Logistics Partners company stock in the last year include Francis C D'andrea, Nilah Staskus, and Reuven Spiegel.
View insider buying and selling activity for Delek Logistics Partners
or view top insider-selling stocks.

Which major investors are buying Delek Logistics Partners stock?

DKL stock was bought by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, U.S. Capital Wealth Advisors LLC, Davidson Trust Co., Citigroup Inc., Invesco Ltd., Wolverine Trading LLC, First Republic Investment Management Inc., and Bramshill Investments LLC.
View insider buying and selling activity for Delek Logistics Partners
or or view top insider-buying stocks.

How do I buy shares of Delek Logistics Partners?

Shares of DKL 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 $43.68.

How much money does Delek Logistics Partners make?

Delek Logistics Partners has a market capitalization of $1.90 billion and generates $563.42 million in revenue each year. The oil and gas producer earns $159.26 million in net income (profit) each year or $3.77 on an earnings per share basis.

How many employees does Delek Logistics Partners have?

Delek Logistics Partners employs 2,020 workers across the globe.

What is Delek Logistics Partners' official website?

The official website for Delek Logistics Partners is www.deleklogistics.com.

Where are Delek Logistics Partners' headquarters?

Delek Logistics Partners is headquartered at 7102 COMMERCE WAY, BRENTWOOD TN, 37027.

How can I contact Delek Logistics Partners?

Delek Logistics Partners' mailing address is 7102 COMMERCE WAY, BRENTWOOD TN, 37027. The oil and gas producer can be reached via phone at (615) 771-6701 or via email at [email protected].


This page was last updated on 12/1/2021 by MarketBeat.com Staff

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