NYSE:DKL - Delek Logistics Partners Stock Price, Forecast & News

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

Delek Logistics Partners announced a quarterly dividend on Friday, October 25th. Investors of record on Monday, November 4th will be paid a dividend of $0.88 per share on Tuesday, November 12th. This represents a $3.52 dividend on an annualized basis and a yield of 10.97%. The ex-dividend date of this dividend is Friday, November 1st. This is a boost from Delek Logistics Partners's previous quarterly dividend of $0.73. View Delek Logistics Partners' Dividend History.

Delek Logistics Partners LP (NYSE:DKL) announced its quarterly earnings data on Monday, November, 4th. The oil and gas producer reported $0.89 earnings per share for the quarter, beating analysts' consensus estimates of $0.76 by $0.13. The oil and gas producer had revenue of $137.56 million for the quarter, compared to analysts' expectations of $160.77 million. Delek Logistics Partners had a negative return on equity of 62.69% and a net margin of 14.60%. View Delek Logistics Partners' Earnings History.

Delek Logistics Partners is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Delek Logistics Partners.

Delek Logistics Partners will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

1 brokerages have issued 12-month price objectives for Delek Logistics Partners' shares. Their forecasts range from $33.00 to $33.00. On average, they expect Delek Logistics Partners' share price to reach $33.00 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price. View Analyst Price Targets for Delek Logistics Partners.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delek Logistics Partners in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Delek Logistics Partners.

Media coverage about DKL stock has trended very positive on Friday, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Delek Logistics Partners earned a news impact score of 3.9 on InfoTrie's scale. They also gave media headlines about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Delek Logistics Partners.

Delek Logistics Partners saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 43,500 shares, a drop of 19.6% from the December 15th total of 54,100 shares. Based on an average trading volume of 34,700 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.5% of the shares of the company are short sold. View Delek Logistics Partners' Current Options Chain.

Some companies that are related to Delek Logistics Partners include NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), PBF Logistics (PBFX), Noble Midstream Partners (NBLX) and Blueknight Energy Partners (BKEP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Delek Logistics Partners investors own include Energy Transfer LP Unit (ET), AT&T (T), Ares Capital (ARCC), Enterprise Products Partners (EPD), New Residential Investment (NRZ), GasLog Partners LP Unit (GLOP), Golar LNG Partners (GMLP), Hoegh LNG Partners (HMLP), Magellan Midstream Partners (MMP) and Mplx (MPLX).

Delek Logistics Partners' stock is owned by many different of retail and institutional investors. Top institutional investors include Aua Capital Management LLC (0.01%). Company insiders that own Delek Logistics Partners stock include Charles J Brown III, Ezra Uzi Yemin and Francis C D'andrea. View Institutional Ownership Trends for Delek Logistics Partners.

DKL stock was sold by a variety of institutional investors in the last quarter, including Aua Capital Management LLC. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of DKL stock can currently be purchased for approximately $32.10.

Delek Logistics Partners has a market capitalization of $799.93 million and generates $657.61 million in revenue each year. The oil and gas producer earns $90.18 million in net income (profit) each year or $2.65 on an earnings per share basis. View Additional Information About Delek Logistics Partners.

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

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]