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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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 dependence on Delek US Holdings.

DKL Logistics LP: Record Earnings, 11% Yield, Major Expansion

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

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

The Secret's Out: Buy This Magnificent High-Yield Dividend Stock Before Wall Street Catches On

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 offering price equal to 103.250% of their face value, plus accrued interest from March 13, 2024. The aggregat.

Delek Logistics Partners, LP Announces Pricing of Upsized Offering of $200 Million of Additional 8.625% Senior Notes Due 2029

Delek Logistics Partners (DKL) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -6.82% in 4 Weeks, Here's Why Delek Logistics Partners (DKL) Looks Ripe for a Turnaround

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”), intends to offer $100 million in aggregate principal amount of additional 8.625% senior notes due 2029 (the “Additional Notes”) in a private placement to eligible purchasers, subject to market conditions. The Additional Notes will be issued under the same.

Delek Logistics Partners, LP Announces Proposed Offering of $100 Million of Additional 8.625% Senior Notes Due 2029

Delek Logistics Partners (DKL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Delek Logistics Partners (DKL) a New Strong Buy Stock

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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 Irwin - Citi Operator Thank you for standing by. My name is Joel, and I will be your conference operator today.

Delek Logistics Partners, LP Common Units (DKL) Q2 2024 Earnings Call Transcript

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. “The acquisition of H2O Midstream by Delek Logistics creates a fully integrated multi-commodity midstrea.

H2O Midstream Sells Midland Basin Water Midstream Assets to Delek Logistics

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the second quarter 2024, with reported net income attributable to all partners of $41.1 million, or $0.87 per diluted common limited partner unit. This compares to net income attributable to all partners of $31.9 million, or $0.73 per diluted common limited partner unit, in the second quarter 2023. Net cash provided in operating activities was $87.6 million i.

Delek Logistics Reports Record Second Quarter 2024 Results

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. About Delek Logistics Partners, LP Delek Logistics is a midstream energy master limited partnership head.

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.09 per Common Limited Partner Unit

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 live broadcast of this conference call will be available online by going to www.DelekLogistics.com an.

Delek Logistics Partners, LP to Host Second Quarter 2024 Conference Call on August 6th

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.

Delek Logistics: Distributions Seem Well Covered

Delek Logistics Partners, LP (NYSE:DKL ) Q1 2024 Results Conference Call May 7, 2024 12:30 PM ET Company Participants Rosy Zuklic - Vice President, Investor Relations Avigal Soreq - President Reuven Spiegel - Executive Vice President & Chief Financial Officer Odely Sakazi - Senior Vice President, Delek Logistics Conference Call Participants Doug Irwin - Citigroup Neal Dingmann - Truist Securities Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.

Delek Logistics Partners, LP (DKL) Q1 2024 Earnings Call Transcript

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the first quarter 2024, with reported net income attributable to all partners of $32.6 million, or $0.73 per diluted common limited partner unit. This compares to net income attributable to all partners of $37.4 million, or $0.86 per diluted common limited partner unit, in the first quarter 2023. The decrease in net income attributable to all partners was dri.

Delek Logistics Reports First Quarter 2024 Results

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BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the first quarter 2024 of $1.07 per common limited partner unit, or $4.28 per common limited partner unit on an annualized basis. This distribution represents a 4.4 percent increase over Delek Logistics' distribution for the first quarter 2023 of $1.025 per common limited partner unit ($4.10 per common limited partner unit annualized). The first quar.

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.07 per Common Limited Partner Unit

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 offering of $200 million in aggregate principal amount of additional 8.625% senior notes due 2029 (the “Additional Notes”) at an offering price equal to 101.250% of their face value, plus accrued interest from March 13, 2024. The Additional Notes.

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