Headquartered in Brentwood, TN·Fiscal year ends December·NYSE: DKL·deleklogistics.com
About Delek Logistics Partners
Delek Logistics Partners, LP (NYSE: DKL) is a midstream energy master limited partnership that provides gathering, pipeline and other transportation services primarily for crude oil and natural gas customers, storage, wholesale marketing and terminalling services primarily for intermediate and refined product customers, and water disposal and recycling services. The partnership operates through its owned assets and joint ventures located primarily in and around the Permian Basin, the Delaware Basin and other select areas in the Gulf Coast region. Delek US Holdings, Inc. owns the general partner interest as well as a majority limited partner interest in Delek Logistics, and is also a significant customer. The partnership's key operating systems include the El Dorado Assets, East Texas Crude Logistics System, Midland Gathering System, Plains Connection System, and Delaware Gathering Assets encompassing natural gas gathering and processing, crude oil gathering, and water disposal and recycling. DKL also holds equity method investments in pipeline joint ventures including W2W. Updated
$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…
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…
Delek Logistics Partners, LP (NYSE: DKL) is a midstream energy master limited partnership that provides gathering, pipeline and other transportation services primarily for crude oil and natural gas customers, storage, wholesale marketing and terminalling services primarily for intermediate and refined product…
What is the DKL stock price target?
The Wall Street consensus 12-month price target for DKL is $53.17.