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 in two segments, Pipelines and Transportation, and Wholesale Marketing and Terminalling. The Pipelines and Transportation segment consists of assets, including pipelines and trucks, and ancillary assets that provide crude oil gathering and crude oil, intermediate and finished products transportation, and storage services primarily in support of the Tyler and El Dorado 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; 406 miles of refined product pipelines; and approximately 600 miles of crude oil gathering and trunk lines with an aggregate of approximately 7.3 million barrels of active shell capacity. The Wholesale Marketing and Terminalling segment provides wholesale marketing, transporting, storing, and terminalling services related to refined products to independent third parties. Delek Logistics GP, LLC serves as the general partner of the company. Delek Logistics Partners, LP was founded in 2012 and is headquartered in Brentwood, Tennessee. Delek Logistics Partners, LP operates as a subsidiary of Delek US Holdings, Inc.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:DKL
CUSIPN/A
Phone615-771-6701
Debt
Debt-to-Equity Ratio-5.72
Current Ratio2.37
Quick Ratio1.77
Price-To-Earnings
Trailing P/E Ratio15.38
Forward P/E Ratio11.14
P/E Growth3.47
Sales & Book Value
Annual Sales$538.08 million
Price / Sales1.49
Cash Flow$3.9704 per share
Price / Cash8.11
Book Value($1.17) per share
Price / Book-27.52
Profitability
EPS (Most Recent Fiscal Year)$2.09
Net Income$69.40 million
Net Margins13.22%
Return on Equity-103.52%
Return on Assets14.92%
Miscellaneous
EmployeesN/A
Outstanding Shares24,890,000
Market Cap$747.67 million
Delek Logistics Partners (NYSE:DKL) Frequently Asked Questions
What is Delek Logistics Partners' stock symbol?
Delek Logistics Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "DKL."
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, July 24th. Investors of record on Friday, August 3rd will be paid a dividend of $0.77 per share on Monday, August 13th. This represents a $3.08 dividend on an annualized basis and a yield of 9.57%. The ex-dividend date of this dividend is Thursday, August 2nd. This is a boost from Delek Logistics Partners's previous quarterly dividend of $0.75. View Delek Logistics Partners' Dividend History.
How were Delek Logistics Partners' earnings last quarter?
Delek Logistics Partners LP (NYSE:DKL) announced its quarterly earnings results on Tuesday, August, 7th. The oil and gas producer reported $0.79 EPS for the quarter, missing the Zacks' consensus estimate of $0.80 by $0.01. The oil and gas producer earned $166.28 million during the quarter, compared to the consensus estimate of $189.86 million. Delek Logistics Partners had a net margin of 13.22% and a negative return on equity of 103.52%. View Delek Logistics Partners' Earnings History.
When is Delek Logistics Partners' next earnings date?
What price target have analysts set for DKL?
2 brokerages have issued 1-year price targets for Delek Logistics Partners' stock. Their forecasts range from $32.00 to $32.00. On average, they anticipate Delek Logistics Partners' stock price to reach $32.00 in the next year. This suggests that the stock has a possible downside of 0.6%. View Analyst Price Targets for Delek Logistics Partners.
What is the consensus analysts' recommendation for Delek Logistics Partners?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delek Logistics Partners in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Delek Logistics Partners.
Who are some of Delek Logistics Partners' key competitors?
Who are Delek Logistics Partners' key executives?
Delek Logistics Partners' management team includes the folowing people:
- Mr. Ezra Uzi Yemin, Chairman & CEO of Delek Logistics GP, LLC (Age 50)
- Mr. Kevin L. Kremke, Exec. VP & CFO of Delek Logistics GP LLC (Age 46)
- Mr. Assaf Ginzburg, Exec. VP & Director of Delek Logistics GP, LLC (Age 43)
- Mr. Alan P. Moret, Pres of Delek Logistics GP LLC (Age 64)
- Keith Johnson, VP of Investor Relations of Delek Logistics GP, LLC
Has Delek Logistics Partners been receiving favorable news coverage?
News stories about DKL stock have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Delek Logistics Partners earned a coverage optimism score of 0.20 on Accern's scale. They also gave media coverage about the oil and gas producer an impact score of 46.02 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Delek Logistics Partners.
Who are Delek Logistics Partners' major shareholders?
Delek Logistics Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Global X Management Co LLC (1.04%), HITE Hedge Asset Management LLC (0.93%), Biglari Capital CORP. (0.42%), Bank of America Corp DE (0.19%), Renaissance Technologies LLC (0.12%) and Arrow Investment Advisors LLC (0.07%). Company insiders that own Delek Logistics Partners stock include Charles J Brown III, Daniel L Gordon, Delek Us Holdings, Inc, Ezra Uzi Yemin and Francis C D'andrea. 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 HITE Hedge Asset Management LLC, Bank of America Corp DE, Psagot Investment House Ltd., Global X Management Co LLC and Arrow Investment Advisors LLC. Company insiders that have sold Delek Logistics Partners company stock in the last year include Charles J Brown III and Francis C D'andrea. View Insider Buying and Selling for Delek Logistics Partners.
Which major investors are buying Delek Logistics Partners stock?
DKL stock was acquired by a variety of institutional investors in the last quarter, including Biglari Capital CORP., Renaissance Technologies LLC, First Republic Investment Management Inc. and California Public Employees Retirement System. Company insiders that have bought Delek Logistics Partners stock in the last two years include Delek Us Holdings, Inc and Ezra Uzi Yemin. View Insider Buying and Selling for Delek Logistics Partners.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Delek Logistics Partners' stock price today?
One share of DKL stock can currently be purchased for approximately $32.20.
How big of a company is Delek Logistics Partners?
Delek Logistics Partners has a market capitalization of $747.67 million and generates $538.08 million in revenue each year. The oil and gas producer earns $69.40 million in net income (profit) each year or $2.09 on an earnings per share basis.
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]
MarketBeat Community Rating for Delek Logistics Partners (NYSE DKL)
MarketBeat's community ratings are surveys of what our community members think about Delek Logistics Partners and other stocks. Vote "Outperform" if you believe DKL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DKL will underperform the S&P 500 over the long term. You may vote once every thirty days.
