Delek Logistics Partners LP Stock News

DKL Logistics LP, a master limited partnership, focuses on crude oil and refined products logistics, with significant assets supporting Delek US Holdings' refineries. Despite flat revenues and net income decline in 2023, DKL saw a 23.5% rise in EBITDA and 8.5% growth in distributable cash flow. DKL's recent acquisition of H2O Midstream for $230 million aims to diversify operations and reduce de...

Delek Logistics Partners flies under the radar of most Wall Street analysts. The MLP's monster distribution is on a solid foundation.

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek Logistics (together with Delek Logistics, the “Issuers”), priced an upsized offering of $200 million in aggregate principal amount of additional 8.625% senior notes due 2029 (the “Additional Notes”) at an offerin...

Delek Logistics Partners, LP Common Units (NYSE:DKL ) Q2 2024 Earnings Conference Call August 6, 2024 1:30 PM ET Company Participants Robert Wright - Deputy Chief Financial Officer Avigal Soreq - President Reuven Spiegel - Executive Vice President & Chief Financial Officer Odely Sakazi - Senior Vice President, Delek Logistics Conference Call Participants Neal Dingmann - Truist Securities Doug I...

HOUSTON--(BUSINESS WIRE)--H2O Midstream, LLC (“H2O Midstream”) and EIV Capital, LLC (“EIV Capital”) are pleased to announce the execution of definitive agreements for the sale of H2O Midstream to Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”). H2O Midstream provides gathering, transportation, recycling, storage, and disposal solutions for produced water in Howard County, Texas. “T...

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the second quarter 2024 of $1.09 per common limited partner unit, or $4.36 per common limited partner unit on an annualized basis. The second quarter 2024 cash distribution is payable on August 16, 2024, to unitholders of record on August 9, 2024. Ab...

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today announced that the Partnership intends to issue a press release summarizing second quarter 2024 results before the U.S. stock market opens on Tuesday, August 6, 2024. A conference call to discuss these results is scheduled to begin at 12:30 p.m. CT (1:30 p.m. ET) on Tuesday, August 6, 2024. The...

Delek Logistics provides steady distributions with a dividend yield of around 10% and reliable cash flows. The partnership benefits from long-term fee-based contracts and minimum volume commitments, protecting it from market volatility. Financials are improving, with strong net income, EBITDA, and distributable cash flow, and potential for future growth through new assets and acquisitions.