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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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?

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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.

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.89 per Common Limited Partner Unit

Delek Logistics (DKL) acquires the Big Spring Gathering System from Delek US. The acquired assets are likely to be immediately accretive to Delek Logistics' distributable cash flow per unit.

Delek Logistics (DKL) Acquires Big Spring From Delek US

BRENTWOOD, Tenn., March  13, 2020  (GLOBE NEWSWIRE) -- Delek Logistics Partners, LP (NYSE: DKL) today announced that 2019 K-1 tax packages are now available on its website, www.deleklogistics.com. Unit holders may access their 2019 tax information by selecting the Tax Information link on the website. Printing and mailing of these tax packages are currently underway.

Delek Logistics Partners, LP 2019 K-1 Tax Packages Available on Website

BRENTWOOD, Tenn., March  05, 2020  (GLOBE NEWSWIRE) -- Delek Logistics Partners, LP (NYSE: DKL) today announced that its Annual Report on Form 10-K for the fiscal year ended December 31, 2019 was filed with the U.S. Securities and Exchange Commission on February 28, 2020 and can be viewed on the Partnership’s website at www.deleklogistics.com. The filing can be accessed by selecting the “SEC Filings” link.

Delek Logistics Partners, LP 2019 Form 10-K Available on Website

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Delek Logistics Partners, LP (DKL) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

Moving Average Crossover Alert: Delek Logistics Partners

Delek Logistics Partners (DKL) CEO, Uzi Yemin on Q4 2019 Results - Earnings Call Transcript

Delek Logistics Partners' (DKL) fourth-quarter earnings fall short of estimates. The firm expects 2020 results to gain from pipeline expansion projects.

Delek Logistics (DKL) Q4 Earnings Miss, Sales Meet Estimates

BRENTWOOD, Tenn., Feb.  25, 2020  (GLOBE NEWSWIRE) -- Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) and Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today announced that Mr. Assi Ginzburg, Executive Vice President and Chief Financial Officer, has informed them that he will not renew his employment contract to pursue other opportunities. Assi will remain in his current role until May to ensure a smooth transition. Delek US and Delek Logistics Partners are in the process of identifying Mr. Ginzburg’s replacement.

Delek US and Delek Logistics Announce Chief Financial Officer Transition

Joint venture assets in the productive Permian Basin must have boosted Delek Logistics Partners' (DKL) fourth-quarter performance.

What's in the Cards for Delek Logistics (DKL) in Q4 Earnings?

Delek Logistics Partners (DKL) will now pay a quarterly cash distribution of 88.5 cents per share, up from 88 cents paid out in the previous quarter.

Delek Logistics Partners (DKL) Hikes Cash Distribution by 1%

Delek Logistics Partners, L.P. (DKL) closed the most recent trading day at $31.89, moving -0.65% from the previous trading session.

Delek Logistics Partners, L.P. (DKL) Stock Moves -0.65%: What You Should Know

BRENTWOOD, Tenn., Jan.  24, 2020  (GLOBE NEWSWIRE) -- Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the fourth quarter 2019 of $0.885 per common limited partner unit, or $3.54 per common limited partner unit on an annualized basis. This distribution represents an approximate 1.0 percent increase from the distribution for the third quarter 2019 of $0.88 per common limited partner unit ($3.52 per common limited partner unit annualized) and an approximate 9.0 percent increase over Delek Logistics’ distribution for the fourth quarter 2018 of $0.81 per common limited partner unit ($3.24 per common limited partner unit annualized). The fourth quarter 2019 cash distribution is payable on February 12, 2020 to unitholders of record on February 4, 2020.

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.885 per Common Limited Partner Unit

Delek Logistics Partners, L.P. (DKL) closed the most recent trading day at $33.03, moving -0.27% from the previous trading session.

Delek Logistics Partners, L.P. (DKL) Stock Sinks As Market Gains: What You Should Know

Delek Logistics Partners, L.P. (DKL) closed at $32.67 in the latest trading session, marking a +0.12% move from the prior day.

Delek Logistics Partners, L.P. (DKL) Gains As Market Dips: What You Should Know

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Delek Logistics Partners (DKL) is a strong investment bet given its distribution assets located in prime production region and long-term contracts with drillers.

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