Delek Logistics Partners, LP
DKL · Price history
Price at last available close
$56.76
+$3.56 (+6.69%) 1M
2026-10-29
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Company & revenue
About Delek Logistics Partners, LP
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Delek Logistics Partners, LP (DKL) manages and operates a diverse portfolio of logistics and marketing assets for crude oil, intermediate, and refined petroleum products throughout the United States. The company's operations are structured into three primary segments: Pipelines and Transportation, Wholesale Marketing and Terminalling, and Investments in Pipeline Joint Ventures. The Pipelines and Transportation division encompasses a comprehensive network of pipelines, trucking fleets, and supporting facilities.
How they make money
Delek Logistics Partners, LP operates as a midstream energy master limited partnership that generates revenue primarily through fee-based contracts for gathering, pipeline transportation, storage, and terminalling services. It also engages in the wholesale marketing of crude oil and refined products, leveraging assets located primarily in the Permian Basin and Gulf Coast regions to support its customers' logistics needs.
Products & services
The company provides crude oil and natural gas gathering, pipeline transportation, storage, wholesale marketing, terminalling, water disposal, and recycling services.
Brands & revenue mix
No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
Disclosed major customers
- Delek US Holdings, Inc.Source
Customer concentration
The Partnership is highly dependent on Delek US Holdings, Inc. and its subsidiaries for a significant portion of its revenue through various commercial agreements, as disclosed in the 2025 Annual Report.
Suppliers, materials & equipment
- Energy infrastructure equipment and maintenance service providers — Various third-party contractors and vendors providing pipeline maintenance, construction, and operational equipment.Source
Strengths
Sources
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
23
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
42
Weak
Financial Strength
26
Business Quality / Moat
26
Management
45
Growth Quality
79
Risk / Durability
66
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
17
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
23/100
Building Historical Record
Model Score 23/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
- •Recent buyback activity is present
- •High debt risk
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for DKL
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can DKL maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •How long can DKL fund negative free cash flow using its current cash position before it may need more debt or new shares?
- •Is DKL's debt load manageable relative to cash generation, interest costs and upcoming maturities?
- •What future growth or profitability would be needed to justify DKL's current valuation?
- •What does the current high debt stress warning mean for the reliability or interpretation of DKL's score?
Essential Investment Snapshot
Wall Street Score
23
Opportunity Score
17
Market Cap
$3.28B
P/E Ratio
18.5
EPS
$2.87
52-Week High
$61.50
52-Week Low
$42.35
Beta
0.41
Intrinsic Value
$24.39
Analyst Target
$57.00
Shares Outstanding
53.6M
Total Revenue
$1.20B
Total Debt
$2.41B
Dividend Yield (TTM)
7.95%
Liquidation Value / Share
$-1.29
Dividend / Share (TTM)
$4.51
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Neutral / mixed momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for DKL
Detected from reported data — verify before acting.Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
High debt risk
Total debt is at least one year of revenue • Interest coverage is below 2x • Free cash flow is negative • Cash covers less than 20% of total debt
Community Sentiment
0 active · 0 total callsNo personal call yet on DKL.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Strategic asset location in the Permian Basin and Gulf Coast.
- +Stable cash flows from long-term, fee-based commercial agreements.
Potential downside factors
- −Debt risk (high): Total debt is at least one year of revenue.
- −Interest coverage is below 2x.
- −Free cash flow is negative.
- −Cash covers less than 20% of total debt.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
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Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
6 historical score records availablePrevious Score
21
Sep 21, 2026
Change
+1.6
points
Current Score
23
Oct 1, 2026
Category Changes
DKL increased 1.6 points because Moat improved by 15.5 points, Buffett improved by 2.5 points.
Positive Contributors
- + Moat improved by 15.5 points
- + Buffett improved by 2.5 points
Projected Score
Projected Score
19
Projected Change
-4.2 points
Preliminary comparable-period financial changes suggest decline of approximately 4.2 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
OvervaluedCurrent Price
$56.76
Model Intrinsic Value
$24.39
Difference
+$32.36
+132.7% vs IV
Margin of Safety
-132.7%
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.20B | $1.01B | $940.6M | $1.02B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $991.4M | $801.7M | $696.9M | $740.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $207.9M | $211.7M | $243.7M | $279.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $18.4M | $28.6M | $35.9M | $24.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $24.0M | $29.1M | $40.9M | $40.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $461.2M | $484.4M | $394.7M | $370.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | $183.9M | $182.5M | $202.8M | $238.9M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $218.2M | $179.3M | $151.0M | $143.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | $154.1M | $176.9M | $143.2M | $127.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $31K | $458K | $479K | $1.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | $154.1M | $176.5M | $142.7M | $126.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $2.87 | $3.30 | $2.99 | $2.90 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 53.18M | 53.50M | 47.45M | 43.58M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 53.24M | 53.55M | 47.48M | 43.61M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$384.8M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$0.54
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
+8.4%
Cash Change
+854.4%
Margin Change
-10.6 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Cash position grew
What Weakened
- Margins contracted
- Debt increased
Potential Score Impact
Positive indicators included revenue growth, cash levels. Pressure indicators included EPS growth, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 56.2%. EPS declined 34.9%. Cash increased 854.4%. Total debt increased 8.4%. Net income margin declined by 10.6 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Log in to view dividend history.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
6 historical recordsHistorical Score Chart
3 of 6 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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Rumor Mill · DKL
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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