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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Delek US Hlds

BRENTWOOD, Tenn., Oct. 7, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that the Company intends to issue a press release summarizing third quarter 2021 results after the U.S. stock market closes on Thursday, November 4, 2021.

Delek US Holdings to Host Third Quarter 2021 Conference Call on November 5

Delek Logistics Partners was one of the few in the midstream industry to actually continue growing their distributions during 2020 and 2021. This was supported with very impressive cash flow performance but when looking ahead their now barebones capital expenditure and relatively large distributions make further growth limited.

Delek Logistics Partners: Buy If You Want Income But Look Elsewhere For Capital Gains

BRENTWOOD, TN / ACCESSWIRE / September 3, 2021 / Delek US Holdings, Inc. (NYSE:DK) ("Delek US"), today announced management will present at the 10th Annual Gateway Conference, which is being held virtually on September 8-9, 2021. Delek's management is scheduled to present on Wednesday, September 8th at 12:30 p.m.

Delek US Holdings to Present at the 10th Annual Gateway Conference on September 8, 2021

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.

Why Delek Logistics Partners, L.P. (DKL) Might be Well Poised for a Surge

Delek Logistics Partners, LP (DKL) CEO Uzi Yemin on Q2 2021 Results - Earnings Call Transcript

BRENTWOOD, Tenn., Aug. 3, 2021 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the second quarter 2021.

Delek Logistics Partners, LP Reports Second Quarter 2021 Results

BRENTWOOD, Tenn., July 26, 2021 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the second quarter 2021 of $0.94 per common limited partner unit, or $3.76 per common limited partner unit on an annualized basis.

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.94 per Common Limited Partner Unit

Delek Logistics Partners posted a solid Q1, increasing its quarterly distributions while enhancing its coverage. The company should continue generating robust results and the current yield remains enticing.

Delek Logistics Partners: Enjoy The 8.63% Yield, But Be Wary Of The Valuation

BRENTWOOD, Tenn., July 14, 2021 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing second quarter 2021 results after the U.S. stock market closes on Tuesday, August 3, 2021.

Delek Logistics Partners, LP to Host Second Quarter 2021 Conference Call on August 4

BRENTWOOD, Tenn., July 14, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that the Company intends to issue a press release summarizing second quarter 2021 results after the U.S. stock market closes on Tuesday, August 3, 2021.

Delek US Holdings to Host Second Quarter 2021 Conference Call on August 4

Alliance Resource Partners

Cheniere Energy

NGL Energy Partners

Oasis Midstream Partners

Suburban Propane Partners

DALLAS, June 11, 2021 /PRNewswire/ -- Cushing® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing ® 30 MLP Index (the "Index") as part of normal index operations. After the markets close on June 18, 2021, the 30 constituents of the Index will be rebalanced, and the following changes will become effective on June 21, 2021: Constituents added: Alliance Resource Partners, L.P.

Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® 30 MLP Index

BP Midstream Partners LP

Cheniere Energy Partners

Enterprise Products Partners

Energy Transfer LP Unit

Hess Midstream Partners

Magellan Midstream Partners

MPLX

ONEOK

Phillips 66

Shell Midstream Partners LP

USA Compression Partners

Exxon Mobil

Biden released his proposed fiscal 2022 budget on Friday. Plenty of changes in there, and while many areas are getting more federal money, traditional energy is seen as a source of more tax dollars.

MLPs In The Crosshairs: Changes To Tax Treatment In Biden's Budget

BRENTWOOD, Tenn., May 20, 2021 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek Logistics, priced an offering of $400 million in aggregate principal amount of 7.125% senior notes due 2028 (the "Notes") at par.

Delek Logistics Partners, LP Announces Pricing of $400 Million Senior Notes Offering

Delek Logistics (DKL) is deciding to offer $400 million senior notes, due 2028. This will help the firm pay a portion of its debt under its credit facility.

Delek Logistics (DKL) Intends to Issue Senior Notes Worth $400M

BRENTWOOD, Tenn., May 19, 2021 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek Logistics, intends to offer $400 million in aggregate principal amount of senior notes due 2028 (the "Notes") in a private placement to eligible purchasers, subject to market conditions.

Delek Logistics Partners, LP Announces Proposed Offering of $400 Million of Senior Notes

BRENTWOOD, Tenn., May 6, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek") today announced that, based on the preliminary vote count provided by its proxy solicitor following the Company's 2021 Annual Meeting of Stockholders, Delek shareholders have overwhelmingly voted to elect all 8 of its highly qualified director nominees, Uzi Yemin, William J.

Shareholders Elect ALL Delek Director Nominees at 2021 Annual Meeting

Delek Logistics Partners, LP (DKL) CEO Uzi Yemin on Q1 2021 Results - Earnings Call Transcript

BRENTWOOD, Tenn., May 4, 2021 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the first quarter 2021.

Delek Logistics Partners, LP Reports First Quarter 2021 Results

On Tuesday, May 04, Delek Logistics Partners (NYSE:DKL) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Earnings Outlook for Delek Logistics Partners

BRENTWOOD, Tenn., April 30, 2021 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the first quarter 2021 of $0.92 per common limited partner unit, or $3.68 per common limited partner unit on an annualized basis.

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.92 per Common Limited Partner Unit

Arbor Realty Trust

Capital Southwest

Diamond Hill Investment Group

Enbridge

Enviva Partners

MGM Growth Properties

Altria

W. P. Carey

High yield stocks carry more risk and are higher maintenance than core dividend growth companies, but there are ways to safely incorporate them into a portfolio. High-yield positions will provide a disproportionate amount of income relative to the position size.

How Does High Yield Fit Into A DGI Portfolio - Bucket Investing Part 2

Delek Logistics Partners continued their solid history of distribution growth into 2021 by increasing their already high 9% distribution yield once again.

Delek Logistics Partners: Distribution Growth Will Soon Come To A Grinding Halt

BRENTWOOD, Tenn., April 27, 2021 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing first quarter 2021 results after the U.S. stock market closes on Tuesday, May 4, 2021.

Delek Logistics Partners, LP to Host First Quarter 2021 Conference Call on May 5

BRENTWOOD, Tenn., March 12, 2021 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) today announced that 2020 K-1 tax packages are now available on its website, www.deleklogistics.com.

Delek Logistics Partners, LP 2020 K-1 Tax Packages Available on Website

BRENTWOOD, Tenn., March 11, 2021 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) today announced that its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 was filed with the U.S. Securities and Exchange Commission on March 1, 2021 and can be viewed on the Partnership's website at www.deleklogistics.com.

News for Delek Logistics Partners Stock (DKL)