Delek Logistics Partners

Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil, intermediate, and refined products. The firm gathers, transports, and stores crude oil. It also markets, distributes, transports, and stores refined products. It operates through the following segments: Pipelines and Transportation, Wholesale Marketing and Terminalling, and Investments in Pipeline Joint Ventures. The Pipelines and Transportation segment consists of crude oil transportation pipelines, refined product pipelines, crude oil gathering system, and associated crude oil storage tanks. The Wholesale Marketing and Terminalling segment provides marketing services for refined products output of the Tyler Refinery and the Big Spring Refinery. It also engages in wholesale activity at the Abilene and San Angelo, Texas terminals, as well as at terminals owned by third parties, whereby the firm purchases light products for sale and exchange to third parties. It is also involved in providing terminalling services to independent third parties and Delek Holdings. The Investments in Pipeline Joint Ventures segment owns a portion of three joint ventures that have constructed separate crude oil pipeline systems and related ancillary assets, which serve third parties and subsidiaries of Delek Holdings. The company was founded on April 24, 2012 and is headquartered in Brentwood, TN.

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Delek Logistics Partners achieves record EBITDA and plans strategic growth

Delek Logistics Partners (DKL) delivered a strong performance in Q4 2022, marked by record EBITDA and consistent distribution increases, underpinned by operational excellence and strategic asset integration.
While challenges such as managing capital expenditures and addressing debt exist, the company's focus on growth investments and safety culture positions it well for future opportunities.
Opportunities in leveraging recent acquisitions, expanding key segments like Permian G&P, and optimizing financial structures can drive sustainable value creation and enhance investor confidence.
Overall, Delek Logistics Partners' Q4 performance reflects a resilient business model, strategic focus on growth, and commitment to operational efficiency and safety.

Delek Logistics Partners reports record EBITDA and distribution growth

Delek Logistics Partners (DKL) delivered a strong performance in Q1 2023, marked by record EBITDA and distribution increases, reflecting operational excellence and strategic investments.
While facing challenges in the operational environment and capital management, DKL remains focused on growth, safety, and maximizing shareholder value.
Opportunities lie in business evolution, M&A activities, and efficiency enhancements, positioning DKL for continued success and value creation in the future.

Delek Logistics Partners posts strong Q2 results, eyes growth opportunities

Delek Logistics Partners demonstrated robust financial performance in Q2 2023, with strong EBITDA and distributable cash flow figures. While facing the challenge of meeting future EBITDA targets, the company's focus on growth projects and increased distribution signals a positive outlook. Leveraging the growth in throughput presents opportunities for further expansion and optimization.

Delek Logistics Partners (DKL) reports record earnings and growth opportunities

DKL's strong performance in Q3 '23, marked by record EBITDA and throughput, reflects operational excellence and financial resilience.
The company's focus on safety, increased distributions, and disciplined capital spending position it well for sustained growth.
Opportunities in third-party business expansion and industry-wide fee escalations offer avenues for future revenue enhancement.
Overall, DKL's Q3 '23 earnings call showcases a robust financial performance and strategic outlook for continued success.

Delek Logistics Partners (DKL) reports record earnings and growth outlook

Delek Logistics Partners (DKL) delivered strong financial performance in Q4 2023, with record EBITDA and distribution increases.
While challenges like debt refinancing and managing expenses exist, opportunities for growth through capital programs and operational efficiency enhancements are on the horizon.
Overall, DKL's focus on shareholder value and commitment to improvement position them well for future success.

Delek Logistics Partners (DKL) reports strong Q1 performance and eyes strategic growth opportunities

Delek Logistics Partners (DKL) delivered a robust performance in Q1 2024, marked by strong EBITDA, improved liquidity, and consistent distribution growth, reflecting operational excellence and financial strength.
The company's focus on third-party business, strategic investments in infrastructure, and market engagement highlights its resilience, growth potential, and commitment to shareholder value.
While facing challenges in managing capital allocation and balancing distribution increases with reinvestment, DKL remains well-positioned to capitalize on opportunities through strategic initiatives and operational enhancements.

Delek Logistics Partners achieves record earnings and expands growth initiatives

DKL's strong financial performance, strategic acquisitions, and investment in growth projects highlight a positive outlook for the company.
While facing capital expenditure challenges and the need for effective project execution, DKL's improved liquidity and increased distribution signal confidence in its future.
Opportunities from long-term contracts, synergies from acquisitions, and industry demand present avenues for DKL to sustain its growth trajectory.

Delek Logistics Partners achieves record earnings, eyes strategic growth opportunities

Delek Logistics Partners (DKL) delivered a strong performance in Q3 2024, marked by record adjusted EBITDA and strategic transactions.
The company's focus on operational efficiency, distribution growth, and strategic investments underscores a commitment to sustainable growth.
While facing challenges in segment performance and capital expenditure management, Delek Logistics Partners (DKL) remains poised to capitalize on growth opportunities.

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Delek Logistics Partners: Hold Up, An MLP Increasing Their Distributions

BRENTWOOD, Tenn., Aug. 13, 2020 /PRNewswire/ -- Delek US Holdings, Inc.

Delek US and Delek Logistics Announce Elimination of Incentive Distribution Rights

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Delek Logistics Partners, LP (DKL) CEO, Uzi Yemin on Q2 2020 Results - Earnings Call Transcript

Shares of Delek Logistics Partners (NYSE:DKL) rose 1.59% in after-market trading after the company reported Q2 results.

Recap: Delek Logistics Partners Q2 Earnings

BRENTWOOD, Tenn., Aug. 4, 2020 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the second quarter 2020.

Delek Logistics Partners, LP Reports Second Quarter 2020 Results

Despite all the turbulence in the oil market, Delek Logistic Partners just gave its investors another raise.

This 12%-Yielding Dividend Stock's Amazing Growth Streak Continues

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Delek Logistics Partners' (DKL) second-quarter earnings are likely to have benefited from contracts with minimum volume commitments and the acquisition of trucking assets from Delek US Holdings.

Delek Logistics (DKL) to Post Q2 Earnings: What's in Store?

BRENTWOOD, Tenn., July  29, 2020  (GLOBE NEWSWIRE) -- Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today announced the appointment of Gennifer Kelly to the Board of Directors effective July 26, 2020.

Delek Logistics Partners, LP Announces Addition to Board of Directors

Delek Logistics Partners LP DKL, +1.22% raised its quarterly cash distribution on Monday to 90 cents per common limited partner unit from 89 cents.

Delek Logistics raises quarterly cash distribution

BRENTWOOD, Tenn., July  27, 2020  (GLOBE NEWSWIRE) -- Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the second quarter 2020 of $0.90 per common limited partner unit, or $3.60 per common limited partner unit on an annualized basis. This distribution represents a 1.1% increase from the distribution for the first quarter 2020 of $0.89 per common limited partner unit ($3.56 per common limited partner unit annualized) and an 5.9% increase over Delek Logistics’ distribution for the second quarter 2019 of $0.85 per common limited partner unit ($3.40 per common limited partner unit annualized). The second quarter 2020 cash distribution is payable on August 12, 2020 to unitholders of record on August 7, 2020.

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.90 per Common Limited Partner Unit

Delek Logistics Partners, L.P. (DKL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Delek Logistics Partners, L.P. (DKL): Will It Gain?

BRENTWOOD, Tenn., July  14, 2020  (GLOBE NEWSWIRE) -- Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today announced that the Partnership intends to issue a press release summarizing second quarter 2020 results after the U.S. stock market closes on Tuesday, August 4, 2020.  A conference call to discuss second quarter 2020 results is scheduled to begin at 7:30 a.m. CT (8:30 a.m. ET) on Wednesday, August 5, 2020.

Delek Logistics Partners, LP to Host Second Quarter 2020 Conference Call on August 5

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Are Investors Undervaluing Delek Logistics Partners, L.P. (DKL) Right Now?

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Delek Logistics Partners LP - Strong Midstream Company

BRENTWOOD, Tenn., May  18, 2020  (GLOBE NEWSWIRE) -- Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) and Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today announced an agreement for the dropdown of certain trucking assets to Delek Logistics for total consideration of $48 million in cash. The transaction is effective May 1, 2020, and is expected to be immediately accretive to Delek Logistics' distributable cash flow per unit.

Delek US Announces Agreement to Dropdown Trucking Assets to Delek Logistics

Is Delek Logistics Partners LP (DKL) Stock Undervalued Right Now?

Let's see if Delek Logistics Partners, LP (DKL) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Should Value Investors Pick Delek Logistics (DKL) Stock Now?

Delek Logistics Partners, LP (DKL) CEO, Uzi Yemin on Q1 2020 Results - Earnings Call Transcript

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BRENTWOOD, Tenn., April  21, 2020  (GLOBE NEWSWIRE) -- Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the first quarter 2020 of $0.89 per common limited partner unit, or $3.56 per common limited partner unit on an annualized basis. This distribution represents a 0.6 percent increase from the distribution for the fourth quarter 2019 of $0.885 per common limited partner unit ($3.54 per common limited partner unit annualized) and an 8.5 percent increase over Delek Logistics’ distribution for the first quarter 2019 of $0.82 per common limited partner unit ($3.28 per common limited partner unit annualized). The first quarter 2020 cash distribution is payable on May 12, 2020 to unitholders of record on May 5, 2020. We are taking this opportunity to reiterate our expectation to raise the distribution 5% this year, over 2019 levels.

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