Delek Logistics Partners LP specializes in managing a network of logistics and marketing assets for the oil and gas industry across the United States. With a focus on crude oil, natural gas, and refined products, the company operates in key segments including gathering and processing, wholesale marketing and terminalling, as well as storage and transportation. It also invests in pipeline joint ventures, particularly in the Permian Basin and Gulf Coast, offering services like oil transportation, storage, and marketing to third parties and subsidiaries. Founded in 2012 and based in Brentwood, Tennessee, it is a crucial player in the energy sector's infrastructure.
$400,000 invested at an 8% yield produces $32,000 a year from pipeline and midstream partnerships, roughly matching what the average American household spends on housing alone. Whether that is achievable depends entirely…
Delek Logistics Partners, LP (NYSE:DKL), which plays a critical role in the energy supply chain, just hit a milestone that almost no MLP can claim: 52 consecutive quarterly distribution increases spanning 13…
Pre-Market Stock Futures: Futures are trading lower as we prepare to finally end what has been one of the most volatile weeks in recent memory, with oil hitting its highest level since…
These four dividend stocks with ultra-high yields can provide a substantial passive income stream and offer significant total return potential.
Investors trying to build strong passive income streams can do exceptionally well with these four overlooked ultra-high-yield dividend stocks.
The recent inflation read came in below market expectations at 2.8%. This was seen as a positive sign, and most stocks opened higher. However, the recovery in these stocks is still on…
In recent years, many conservative investors relying on fixed-income securities for their income needs have found their buying power cut anywhere from 15% to over 100% on some items, due to inflation.…
Films and books like There Will Be Blood, Oklahoma! and Syriana have often romanticized oil drilling and production. However, the refining, processing, storage, and transportation functions of the energy supply chain in…
Dividends are a major part of an investor’s complete return profile. They provide passive income that becomes extremely important, especially for investors who are nearing retirement age, when their risk/return profile skews…
The Consumer Price Index recently revealed that, contrary to proclamations from the White House that inflation is down, it is only the rate of inflation growth that has slowed down. Prices of…
In 2023, inflation caused many price increases across the board, with food prices increasing an average of 5.8% overall. For those who have investable asset liquidity, adjusting a portfolio to add or…
