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New AI Stock Payouts (Ad)
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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
New AI Stock Payouts (Ad)
MarketBeat Week in Review – 9/18 - 9/22
The federal government is headed into a shutdown. What does it mean, who's hit and what's next?
New AI Stock Payouts (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
New AI Stock Payouts (Ad)
Auto workers still have room to expand their strike against car makers. But they also face risks
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
New AI Stock Payouts (Ad)
MarketBeat Week in Review – 9/18 - 9/22
The federal government is headed into a shutdown. What does it mean, who's hit and what's next?
New AI Stock Payouts (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
New AI Stock Payouts (Ad)
Auto workers still have room to expand their strike against car makers. But they also face risks
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Reasons This Sleeping Giant Is About To Wake Up
New AI Stock Payouts (Ad)
MarketBeat Week in Review – 9/18 - 9/22
The federal government is headed into a shutdown. What does it mean, who's hit and what's next?
New AI Stock Payouts (Ad)
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
New AI Stock Payouts (Ad)
Auto workers still have room to expand their strike against car makers. But they also face risks
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
NYSE:DKL

Delek Logistics Partners (DKL) Stock Forecast, Price & News

$42.97
+0.50 (+1.18%)
(As of 09/22/2023 ET)
Compare
Today's Range
$41.69
$44.19
50-Day Range
$36.56
$52.00
52-Week Range
$36.50
$58.81
Volume
502,636 shs
Average Volume
41,088 shs
Market Capitalization
$1.87 billion
P/E Ratio
11.94
Dividend Yield
9.63%
Price Target
$45.00

Delek Logistics Partners MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
4.7% Upside
$45.00 Price Target
Short Interest
Healthy
1.36% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.14mentions of Delek Logistics Partners in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$516,304 Sold Last Quarter
Proj. Earnings Growth
10.46%
From $3.25 to $3.59 Per Share

Overall MarketRank

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

2.38 out of 5 stars

Oils/Energy Sector

102nd out of 231 stocks

Pipelines, Except Natural Gas Industry

3rd out of 10 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 four segments: Gathering and Processing, Wholesale Marketing and Terminalling, Storage and Transportation, and Investment in Pipeline Joint Ventures. The Pipelines and Transportation segment includes 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 Marketing and Terminalling segment includes refined products terminals and pipelines in Texas, Tennessee, Arkansas, and Oklahoma. This segment provides marketing services for the refined products and terminalling services at refined products terminals to independent third parties. The Storage and Transportation segment comprises tanks, offloading facilities, trucks, and ancillary assets, which provide crude oil, intermediate, and refined products transportation and storage services. 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 primarily in the Permian Basin and Gulf Coast regions. 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.

DKL Price History

DKL Stock News Headlines

The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Delek Logistics (DKL) was upgraded to a Hold Rating at Citi
Bear of the Day: Delek Logistics Partners (DKL)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
Q2 2023 Delek Logistics Partners LP Earnings Call
Delek Logistics Reports Second Quarter 2023 Results
Delek Logistics (DKL) Gets a Hold from Citi
Q1 2023 Delek Logistics Partners LP Earnings Call
See More Headlines
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DKL Company Calendar

Ex-Dividend for 8/14 Dividend
8/04/2023
Last Earnings
8/07/2023
Dividend Payable
8/14/2023
Today
9/23/2023
Next Earnings (Estimated)
11/06/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pipelines, except natural gas
Sub-Industry
N/A
Fax
N/A
Employees
2,020
Year Founded
2012

Price Target and Rating

Average Stock Price Forecast
$45.00
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+4.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$159.05 million
Pretax Margin
14.92%

Debt

Sales & Book Value

Annual Sales
$1.04 billion
Cash Flow
$5.37 per share
Book Value
($2.54) per share

Miscellaneous

Free Float
43,150,000
Market Cap
$1.87 billion
Optionable
Optionable
Beta
2.08

Social Links

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Key Executives

  • Mr. Ezra Uzi Yemin (Age 55)
    Exec. Chairman of Delek Logistics GP LLC
  • Mr. Avigal Soreq (Age 45)
    Pres, CEO & Director of Delek Logistics GP, LLC
  • Mr. Reuven Avraham Spiegel (Age 67)
    Exec. VP, CFO & Director of Delek Logistics GP LLC
  • Ms. Denise Clark McWatters (Age 63)
    Exec. VP, Gen. Counsel & Sec. of Delek Logistics GP LLC
  • Mr. Odely Sakazi (Age 39)
    Sr. VP of Delek Logistics GP LLC
    Comp: $312.78k
  • Mr. Joseph Israel (Age 51)
    Exec. VP of Operations
  • Mr. Robert Wright (Age 39)
    Sr. VP & Chief Accounting Officer of Delek Logistics GP, LLC
  • Ms. Rosy Zuklic (Age 49)
    VP of Investor Relations & Market Intelligence of Delek Logistics GP, LLC
  • Mr. Michael P. Ralsky
    VP of Public Affairs & ESG
  • Mr. Jared Paul Serff (Age 55)
    Exec. VP of 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 year. 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 price targets for Delek Logistics Partners' stock. Their DKL share price forecasts range from $45.00 to $45.00. On average, they predict the company's share price to reach $45.00 in the next year. This suggests a possible upside of 4.7% from the stock's current price.
View analysts price targets for DKL
or view top-rated stocks among Wall Street analysts.

How have DKL shares performed in 2023?

Delek Logistics Partners' stock was trading at $45.25 at the start of the year. Since then, DKL stock has decreased by 5.0% and is now trading at $42.97.
View the best growth stocks for 2023 here
.

Are investors shorting Delek Logistics Partners?

Delek Logistics Partners saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 119,900 shares, a drop of 33.9% from the August 15th total of 181,500 shares. Based on an average trading volume of 79,800 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.4% 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 Monday, November 6th 2023.
View our DKL earnings forecast
.

How were Delek Logistics Partners' earnings last quarter?

Delek Logistics Partners, LP (NYSE:DKL) released its quarterly earnings results on Monday, August, 7th. The oil and gas producer reported $0.73 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.81 by $0.08. The oil and gas producer earned $246.91 million during the quarter, compared to analyst estimates of $281.25 million. Delek Logistics Partners had a net margin of 14.87% and a negative trailing twelve-month return on equity of 132.78%. During the same quarter last year, the business earned $0.74 earnings per share.

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 Wednesday, July 26th. Stockholders of record on Monday, August 7th will be given a dividend of $1.035 per share on Monday, August 14th. This represents a $4.14 dividend on an annualized basis and a yield of 9.63%. The ex-dividend date is Friday, August 4th. This is a positive change from the stock's previous quarterly dividend of $0.73.
Read our dividend analysis for DKL
.

What ETFs hold Delek Logistics Partners' stock?

ETFs with the largest weight of Delek Logistics Partners (NYSE:DKL) stock in their portfolio include Global X MLP ETF (MLPA), Alerian MLP ETF (AMLP), InfraCap MLP ETF (AMZA) and Global X MLP & Energy Infrastructure ETF (MLPX).Tortoise North American Pipeline Fund (TPYP).

Is Delek Logistics Partners a good dividend stock?

Delek Logistics Partners (NYSE:DKL) pays an annual dividend of $4.14 per share and currently has a dividend yield of 9.75%. 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 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 115.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, DKL will have a dividend payout ratio of 115.32% in the coming year. This indicates that the company may not be able to sustain their current 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 retail and institutional investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (3.66%), JPMorgan Chase & Co. (0.41%), Goldman Sachs Group Inc. (0.31%), Infrastructure Capital Advisors LLC (0.12%), Raymond James & Associates (0.08%) and Wells Fargo & Company MN (0.08%). Insiders that own company stock include Avigal Soreq, 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 $42.97.

How much money does Delek Logistics Partners make?

Delek Logistics Partners (NYSE:DKL) has a market capitalization of $1.87 billion and generates $1.04 billion in revenue each year. The oil and gas producer earns $159.05 million in net income (profit) each year or $3.60 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 9/23/2023 by MarketBeat.com Staff

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