Delek LogisticsDKL
DKL
About: Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil and intermediate and refined products. The company's segment includes Pipelines and Transportation; Pipelines and Transportation and Investments in Pipeline Joint Ventures. It generates maximum revenue from the Pipelines and Transportation segment. The pipelines and Transportation segment consist of pipelines, tanks, offloading facilities, trucks, and ancillary assets, which provide crude oil gathering and crude oil, intermediate and refined products transportation and storage services in support of Delek Holdings' refining operations in Tyler, Texas, El Dorado, Arkansas and Spring, Texas.
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
8% more funds holding
Funds holding: 64 [Q2] → 69 (+5) [Q3]
5% more call options, than puts
Call options by funds: $4.53M | Put options by funds: $4.3M
3.34% less ownership
Funds ownership: 19.84% [Q2] → 16.5% (-3.34%) [Q3]
5% less capital invested
Capital invested by funds: $359M [Q2] → $341M (-$18.4M) [Q3]
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$46
7%
upside
Avg. target
$48
12%
upside
High target
$50
17%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Raymond James Justin Jenkins 39% 1-year accuracy 7 / 18 met price target | 7%upside $46 | Outperform Maintained | 28 Jan 2025 |
Truist Securities Neal Dingmann 35% 1-year accuracy 55 / 157 met price target | 17%upside $50 | Buy Maintained | 18 Nov 2024 |
Financial journalist opinion
Based on 5 articles about DKL published over the past 30 days
Neutral
Business Wire
1 day ago
Delek Logistics Partners, LP to Report Fourth-Quarter 2024 Financial Results on February 25, 2025
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics” or the “Partnership”) today announced that the Partnership intends to issue a press release summarizing fourth-quarter 2024 results before the U.S. stock market opens on Tuesday, February 25, 2025. A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT on Tuesday, February 25, 2025. Interested parties may listen to the conference call by visiting Delek Logistics' website at.
Positive
Seeking Alpha
5 days ago
Huge Yields And Big Buybacks: Stocks I Am Buying Hand-Over-Fist
Investing in high dividend yields and large buyback stocks reduces speculation, ensuring attractive total returns with minimal growth needed. Huge capital returns to shareholders via dividends and buybacks also typically imply a solid balance sheet and significant management confidence in the business. I share three deeply undervalued opportunities that offer high yields and are buying back a lot of stock.
Neutral
Business Wire
1 week ago
Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.105 per Common Limited Partner Unit
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the fourth quarter 2024 of $1.105 per common limited partner unit, or $4.42 per common limited partner unit on an annualized basis. The fourth quarter 2024 cash distribution is payable on February 11, 2025, to unitholders of record on February 4, 2025. About Delek Logistics Partners, LP Delek Logistics is a midstream energy master limited partnership.
Neutral
Seeking Alpha
4 weeks ago
2 Very Overrated And 1 Very Underrated Big Dividend Growth Stocks
High dividend yield stocks with consistent growth are attractive ways to grow wealth and passive income over time. However, not all high-yield dividend growth stocks are good buys at all times. I share 2 that seem very overrated and 1 that seems very underrated by Mr. Market right now.
Positive
Zacks Investment Research
4 weeks ago
Delek Logistics Announces Completion of Gravity Water Acquisition
DKL's acquisition of Gravity Water for $285 million strengthens its position in the Permian Basin, driving growth in crude, gas and water midstream services.
Neutral
Business Wire
1 month ago
Delek Logistics Partners, LP Announces Closing of Gravity Water Midstream Acquisition
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today the closing of the previously announced acquisition of Gravity Water Intermediate Holdings LLC (“Gravity”). “The Gravity acquisition represents another significant step in DKL's commitment of being a full suite crude, gas and water midstream services provider in the Permian Basin. Gravity's primary operations are in Howard County in the Midland Basin, and along with our recent H2O Mid.
Positive
Seeking Alpha
1 month ago
11-14% Yields: Give Yourself The Gift Of Dividends For Christmas
Big dividend stocks are on a big holiday sale this Christmas season. Even in some of the most in-favor sectors of the high-yield space, bargains can still be found. I share some well-covered 11-14% dividend yields that can be found on the bargain rack.
Positive
The Motley Fool
1 month ago
If You Like Enterprise Products Partners, You Should Check Out This More Than 10%-Yielding Peer
Enterprise Products Partners (EPD -0.62%) is a popular income investment, and rightly so. The master limited partnership (MLP) has increased its distribution for 26 straight years.
Neutral
PRNewsWire
1 month ago
Gravity Agrees to Sell Water Midstream Business to Delek Logistics
HOUSTON , Dec. 12, 2024 /PRNewswire/ -- Gravity Oilfield Services Inc. ("Gravity" or the "company"), a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P. ("Clearlake"), announced today that it has agreed to sell its Gravity Water Midstream division to Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics").
Neutral
Business Wire
1 month ago
Delek Logistics' Announces FID on Acid Gas Injection “AGI” at the Libby Gas Complex, Incremental Crude Acreage Dedication and a Bolt-on Water Acquisition
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics” or “DKL”) announced the development of permitted acid gas injection “AGI” capabilities at its under-construction Libby 2 gas processing plant. “We are committed to executing our strategy of being the preferred oil, gas and water midstream services provider in the Permian Basin. Delek Logistics continues to provide the best combination of yield and growth in the midstream sector. We are determined to s.
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