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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
Is This The End of Capitalism? (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
Is This The End of Capitalism? (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
Is This The End of Capitalism? (Ad)
KLA Corporation: Strength In A Troubled Semi-Market
Can Amazon Recover Amid Tech Stock Sell-off?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
Is This The End of Capitalism? (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
Is This The End of Capitalism? (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
Is This The End of Capitalism? (Ad)
KLA Corporation: Strength In A Troubled Semi-Market
Can Amazon Recover Amid Tech Stock Sell-off?
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
Is This The End of Capitalism? (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
Is This The End of Capitalism? (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
Is This The End of Capitalism? (Ad)
KLA Corporation: Strength In A Troubled Semi-Market
Can Amazon Recover Amid Tech Stock Sell-off?
NYSE:DKL

Delek Logistics Partners - DKL Stock Forecast, Price & News

$49.73
-0.79 (-1.56%)
(As of 01/27/2023 12:00 AM ET)
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Compare
Today's Range
$49.43
$51.19
50-Day Range
$43.75
$54.96
52-Week Range
$39.00
$64.46
Volume
25,833 shs
Average Volume
26,221 shs
Market Capitalization
$2.16 billion
P/E Ratio
13.66
Dividend Yield
7.84%
Price Target
$48.00

Delek Logistics Partners MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.5% Downside
$48.00 Price Target
Short Interest
Bearish
3.24% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.35mentions of Delek Logistics Partners in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$2.13 M Sold Last Quarter
Proj. Earnings Growth
40.94%
From $3.81 to $5.37 Per Share

Overall MarketRank

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

1.92 out of 5 stars

Oils/Energy Sector

172nd out of 244 stocks

Pipelines, Except Natural Gas Industry

7th out of 11 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

Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
3 Highly-Ranked Stocks With Dividend Yields Above 5%
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
DKL Delek Logistics Partners, LP
Delek Logistics Partners (NYSE: DKL)
Delek Logistics Partners, LP (DKL)
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DKL Company Calendar

Ex-Dividend for 11/10 Dividend
11/03/2022
Last Earnings
11/07/2022
Dividend Payable
11/10/2022
Today
1/28/2023
Ex-Dividend for 2/9 Dividend
2/01/2023
Dividend Payable
2/09/2023
Next Earnings (Estimated)
2/22/2023
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
$48.00
High Stock Price Forecast
$48.00
Low Stock Price Forecast
$48.00
Forecasted Upside/Downside
-3.5%
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
$4.89 per share
Book Value
($2.39) per share

Miscellaneous

Free Float
43,057,000
Market Cap
$2.16 billion
Optionable
Optionable
Beta
2.15

Social Links


Key Executives

  • Mr. Ezra Uzi Yemin (Age 55)
    Exec. Chairman 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: $298.6k
  • Mr. Avigal Soreq (Age 45)
    Pres, CEO & Director of Delek Logistics GP, LLC
  • Mr. Todd O'Malley (Age 49)
    Chief Operating Officer of Delek Logistics GP, LLC
  • Mr. Robert Wright (Age 39)
    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 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 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 Wall Street analysts have issued 1 year price targets for Delek Logistics Partners' shares. Their DKL share price forecasts range from $48.00 to $48.00. On average, they anticipate the company's stock price to reach $48.00 in the next year. This suggests that the stock has a possible downside of 3.5%.
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 beginning of the year. Since then, DKL shares have increased by 9.9% and is now trading at $49.73.
View the best growth stocks for 2023 here
.

Are investors shorting Delek Logistics Partners?

Delek Logistics Partners saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 283,100 shares, an increase of 14.7% from the December 31st total of 246,800 shares. Based on an average trading volume of 66,700 shares, the days-to-cover ratio is presently 4.2 days. Currently, 3.2% of the company's shares 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) announced its quarterly earnings data on Monday, November, 7th. The oil and gas producer reported $1.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.88 by $0.15. The oil and gas producer had revenue of $294.03 million for the quarter, compared to the consensus estimate of $313.48 million. Delek Logistics Partners had a net margin of 16.51% and a negative trailing twelve-month return on equity of 143.27%.

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

Delek Logistics Partners declared a quarterly dividend on Monday, January 23rd. Stockholders of record on Thursday, February 2nd will be paid a dividend of $1.02 per share on Thursday, February 9th. This represents a $4.08 annualized dividend and a dividend yield of 8.20%. The ex-dividend date is Wednesday, February 1st. This is a boost 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 7.84%. 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 73.74% 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 many different retail and institutional investors. Top institutional investors include MinichMacGregor Wealth Management LLC (0.00%). 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 $49.73.

How much money does Delek Logistics Partners make?

Delek Logistics Partners (NYSE:DKL) has a market capitalization of $2.16 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 1/28/2023 by MarketBeat.com Staff