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Delek Logistics Partners Lp - DKL STOCK NEWS

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Overview of Delek Logistics Partners LP

Delek Logistics Partners LP (NYSE: DKL) is a growth-oriented publicly traded master limited partnership that specializes in owning, operating, acquiring, and constructing logistics and marketing assets that form the backbone of the energy products supply chain. With deep roots in the energy logistics sector, the company supports both the crude oil and refined products markets, leveraging its extensive network of gathering, storage, transportation, and terminalling facilities. Key industry terms such as crude oil logistics and refined product marketing capture the essence of its operations and emphasize its critical role in the energy sector.

Core Business Areas

At its core, Delek Logistics Partners LP operates through multiple integrated business segments:

  • Gathering and Processing: The company manages the collection and processing of crude oil before it reaches the refining stage, ensuring efficient and safe handling of raw materials.
  • Wholesale Marketing and Terminalling: This segment focuses on the wholesale marketing of refined products, providing terminalling services that facilitate efficient distribution and exchange activities. It serves both Delek US Holdings’ refineries and independent third parties by offering robust marketing and terminalling solutions.
  • Storage and Transportation: An essential aspect of its operations, the company provides extensive storage facilities and transportation networks that are instrumental for both crude oil and refined products. These assets form a resilient infrastructure that supports supply chain operations in strategic regions.
  • Pipeline Joint Ventures: Investment in pipeline initiatives enables the company to integrate deeper into the energy transportation network, enhancing its capability to deliver products efficiently across extensive geographic areas.

Operational Excellence and Infrastructure

The company distinguishes itself through a robust infrastructure and a systematic operational model. Its assets are chiefly located in key regions of the southeastern United States and West Texas, aligning with major refining centers in Tyler, Texas, and El Dorado, Arkansas. This strategic geographic positioning not only supports the operational needs of Delek US Holdings’ refineries but also provides a competitive advantage through localized service offerings, reduced transportation costs, and heightened market connectivity.

Furthermore, recent strategic moves have expanded the company’s service portfolio beyond traditional oil and refined product logistics. The acquisition of water midstream assets has broadened its infrastructure to include water gathering, transportation, storage, recycling, and disposal solutions, highlighting its commitment to comprehensive energy-product logistics. This addition underlines the company’s adaptive strategy in meeting broader energy industry needs without compromising on its core competencies.

Market Position and Competitive Environment

Delek Logistics Partners LP holds a prominent position in the energy logistics space. Its ability to integrate multiple facets of the energy supply chain—from crude oil gathering through refined product marketing—enables it to offer unique value propositions to both affiliated operations and third-party customers. By leveraging an interconnected network of assets and services, the company ensures operational flexibility and resilience even in fluctuating market conditions.

In a competitive industry, the company's diverse portfolio of services and strategic asset locations help differentiate it from traditional logistics providers. The integrated approach, focusing on high-efficiency operations and regional expertise, establishes a reliable operational model that many market participants aspire to replicate.

Expertise and Industry Dynamics

Delek Logistics Partners LP exemplifies operational efficiency by offering specialized terminalling services, which are vital for both the maintenance of product quality and timely distribution. The company's operations are a direct extension of the integrated logistics required in modern refining and marketing ecosystems. Its deep understanding of the logistical challenges inherent in the energy sector is evident in how the company structures its services—both for internal support and for independent third-party customers.

Industry stakeholders recognize the company's contributions to the broader energy supply chain, considering it a critical link that enhances the operational throughput of refined products. Its business model reflects a nuanced balance between traditional energy logistics and the evolving needs of modern midstream operations, establishing a comprehensive service offering that is resilient and adaptable.

Operational Strategy and Value Proposition

The operational strategy of Delek Logistics Partners LP is built on the principles of efficiency, reliability, and integrated service delivery. Its infrastructure investment in terminialling and marketing assets is crucial not only for supporting established refining operations but also for creating opportunities in niche segments such as water midstream services. This multi-dimensional approach ensures that all elements of the energy supply chain are seamlessly managed under one portfolio, enhancing overall business stability and operational excellence.

In practice, the company’s model translates to:

  • Enhanced Operational Connectivity: Strategic asset placement and extensive network capabilities allow it to maintain high operational throughput.
  • Integration of Diverse Assets: By combining crude oil logistics, refined products marketing, and water midstream services, the company builds a diversified portfolio that responds to various operational needs.
  • Robust Service Offerings: Focusing on terminalling, storage, and transportation, it creates value through improved supply chain efficiency and flexibility.

Conclusion

In summary, Delek Logistics Partners LP is a well-structured entity that plays an integral role in the energy products logistics market. Its extensive network of assets supports a full range of operational activities, from crude oil gathering to refined product marketing and terminalling services. The company’s recent expansions into water midstream services add a valuable dimension to its portfolio, demonstrating its capability to evolve while maintaining operational reliability. Overall, the company offers a comprehensive, integrated approach to energy logistics that is fundamental to efficient refining and marketing operations. This multifaceted operational model, paired with strategic asset management, positions the company as a critical infrastructure provider in the energy logistics landscape.

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Delek Logistics Partners, LP (NYSE: DKL) announced plans to release its first quarter 2023 results on May 8, 2023, before the U.S. market opens. A conference call to discuss these results will take place at 11:30 a.m. CT (12:30 p.m. ET) on the same day. Interested parties can access the live broadcast via www.DelekLogistics.com, and a replay will be available for 90 days. Based in Brentwood, Tennessee, Delek Logistics operates primarily in midstream energy services, particularly in crude oil and natural gas sector, and has interests in various regions including the Permian Basin and Gulf Coast. The company is also connected with Delek US Holdings, which holds a significant stake in it.

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Delek Logistics Partners, LP (NYSE: DKL) announced it will release its first quarter 2023 results on May 8, 2023, before the U.S. stock market opens. A conference call to discuss these results is scheduled for 11:30 a.m. CT (12:30 p.m. ET) on the same day. Investors can access the live broadcast on DelekLogistics.com in the webcasts section, with a replay available for 90 days.

Located in Brentwood, Tennessee, Delek Logistics is a midstream energy master limited partnership that offers a range of services including gathering, pipeline transportation for crude oil and natural gas, as well as storage and marketing services for refined products. The partnership also engages in water disposal and recycling services in key regions such as the Permian Basin and Gulf Coast.

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Delek Logistics Partners, LP (NYSE: DKL) announced on March 10, 2023, that its 2022 K-1 tax packages are now available for download on its website. The packages can be accessed through taxpackagessupport.com/deleklogistics, with printing and mailing currently in progress. For any inquiries related to the tax reporting package, a dedicated contact line is available from 8:00 a.m. to 5:00 p.m. CST, Monday through Friday.

Delek Logistics, based in Brentwood, Tennessee, focuses on the ownership, operation, acquisition, and construction of logistics and marketing assets for crude oil and refined products.

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Delek Logistics Partners, LP (NYSE: DKL) has announced the availability of its 2022 K-1 tax packages online through PWC. These packages can be accessed on their website at www.taxpackagessupport.com/deleklogistics. The firm is currently in the process of printing and mailing these tax documents. For inquiries regarding the 2022 Tax Reporting Package, stakeholders can contact the support line Monday to Friday between 8:00 a.m. to 5:00 p.m. CST.

Delek Logistics Partners, LP, based in Brentwood, Tennessee, was established by Delek US Holdings, Inc. to manage logistics and marketing assets related to crude oil and refined products.

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Delek Logistics Partners, LP (NYSE: DKL) filed its Annual Report on Form 10-K for the fiscal year ending December 31, 2022, on March 1, 2023, with the U.S. Securities and Exchange Commission. This report is accessible on the company's website at www.deleklogistics.com through the 'SEC Filings' section. Additionally, limited partners can request a free printed copy of the report, which contains audited financial statements, by writing to Delek's Investor Relations at their Brentwood, TN address.

Delek Logistics was established by Delek US Holdings, Inc. to manage crude oil and refined products logistics and marketing assets.

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Delek Logistics Partners, LP (NYSE: DKL) announced that its Annual Report on Form 10-K for the fiscal year ending December 31, 2022, was filed with the SEC on March 1, 2023. The report includes comprehensive audited financial statements and is available on Delek Logistics' website. Limited partners can request a printed copy free of charge by writing to the investor relations department. Delek Logistics, based in Brentwood, Tennessee, focuses on owning and operating crude oil and refined products logistics and marketing assets.

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Delek Logistics Partners, LP (NYSE: DKL) reported a strong fourth quarter 2022 with net income of $42.7 million, or $0.98 per diluted unit, up from $41.7 million in Q4 2021. The record EBITDA reached $92.5 million, a significant increase from $69.7 million year-over-year. The company declared a quarterly distribution of $1.02 per unit, marking a 3% increase from Q3 2022 and a 5% increase from Q4 2021. Delek's quarterly cash flow coverage ratio was 1.16x, indicating solid distribution support. Despite a net cash used in operating activities of $105.3 million, the company remains optimistic about growth opportunities from its Permian and Delaware footprints.

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Delek Logistics Partners, LP (NYSE: DKL) announced plans to release its fourth quarter 2022 results on February 28, 2023, before the U.S. stock market opens. A conference call to discuss these results will follow at 3:30 p.m. CT (4:30 p.m. ET) on the same day. Investors can access the live broadcast through the company’s website, with an online replay available for 90 days.

Headquartered in Brentwood, Tennessee, Delek Logistics operates primarily in the midstream energy sector, providing services such as gathering, pipeline transportation, and storage, particularly in the Permian Basin, Delaware Basin, and Gulf Coast regions.

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FAQ

What is the current stock price of Delek Logistics Partners Lp (DKL)?

The current stock price of Delek Logistics Partners Lp (DKL) is $41.07 as of March 7, 2025.

What is the market cap of Delek Logistics Partners Lp (DKL)?

The market cap of Delek Logistics Partners Lp (DKL) is approximately 2.2B.

What is the core business of Delek Logistics Partners LP?

Delek Logistics Partners LP owns and operates a diverse portfolio of logistics and marketing assets for crude oil and refined products, supporting integrated energy supply chain operations.

How does the company generate revenue?

The company generates revenue primarily through wholesale marketing, terminalling services, storage, and transportation of energy products, along with investments in pipeline joint ventures.

What regions does Delek Logistics primarily serve?

Delek Logistics primarily serves the southeastern United States and West Texas, strategically supporting refining operations and energy logistics in these regions.

How does Delek Logistics support refining operations?

The company provides essential logistics services, including gathering, storage, and terminalling, that directly facilitate the efficient operation of refineries and the distribution of refined products.

What differentiates Delek Logistics from other logistics providers?

Its integrated approach combining crude oil gathering, refined product marketing, and recently expanded water midstream services, along with strategically located assets, sets it apart in the energy logistics sector.

What are the key asset categories managed by the company?

Delek Logistics manages a range of assets including gathering facilities, storage units, transportation networks, terminalling sites, and participates in pipeline joint ventures to support energy movements.
Delek Logistics Partners Lp

NYSE:DKL

DKL Rankings

DKL Stock Data

2.17B
12.45M
67.19%
17.01%
2.07%
Oil & Gas Refining & Marketing
Pipe Lines (no Natural Gas)
Link
United States
BRENTWOOD