Delek Logistics Partners (DKL)
Operates midstream infrastructure for crude, natural gas, refined products, and water.
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Provides logistics for crude oil, intermediates, refined products, natural gas, and water services. Its sponsored MLP structure links owned infrastructure with Delek US as both a major owner and significant customer.
Owned infrastructure gathers, transports, stores, and markets crude oil, intermediates, refined products, and natural gas. The platform also provides terminalling, water disposal, and recycling services.
Operations concentrate around the Permian Basin and extend to the Gulf Coast, while assets support Delek refining and marketing sites in Texas, Arkansas, and Louisiana as well as third-party customers.
Formed by Delek US in 2012, the NYSE master limited partnership expands through acquisitions, joint ventures, sponsor transactions, and projects over time. Delek US owns the general-partner and majority limited-partner interests and is a significant customer.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 21, 2026 | UBS | Reiterate | Rating: —Target: $56 | Target: $57 |
| Jul 16, 2026 | UBS | Initiate | Rating: —Target: — | Target: $56 |
| Apr 30, 2026 | Raymond James | Target | Target: $55 | Target: $60 |
| Apr 21, 2026 | Mizuho Securities | Target | Target: $45 | Target: $52 |
| Mar 24, 2026 | Truist Securities | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $13.7M · Total debt $2.41B · Total assets $2.87B · Shareholders' equity −$69.3M
- Revenue
- $384.8M
- Operating income
- $61.9M
- Net income
- $28.9M
HistoryDividendAnnual yield
| Institutions | 21.96% | 11.68M shares | |
|---|---|---|---|
| 88 holders · as of Jun 30, 2026 | |||
| Insiders | 1.15% | 610.4K shares | |
| 14 holders · as of Sep 14, 2026 | |||
| Other | 76.89% | 40.88M shares | |
| remainder | |||
53.17M company shares as of Aug 29, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Alps Advisors IncInstitution | 8.25% | 4.38M | as of Jun 30, 2026 |
Mirae Asset Global Etfs Holdings Ltd.Institution | 3.07% | 1.63M | as of Jun 30, 2026 |
Invesco Ltd.Institution | 2.85% | 1.52M | as of Jun 30, 2026 |
Morgan StanleyInstitution | 0.99% | 528,545 | as of Jun 30, 2026 |
Goldman Sachs Group IncInstitution | 0.92% | 490,801 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 13, 2026 | Reuven Spiegel | director, officer: Executive Vice President, DKL | +1,000 | $50.00 |
| Aug 13, 2026 | Mark Wayne Hobbs | officer: EVP | +4,000 | $50.00 |
| Aug 13, 2026 | Avigal Soreq | director, officer: President | +2,500 | $50.00 |
| Aug 13, 2026 | Ezra Uzi Yemin | director, officer: Chairman | +6,000 | $50.00 |
| Aug 13, 2026 | Robert G. Wright | officer: EVP, Chief Financial Officer | +1,500 | $50.00 |
- Plains All American Pipeline
Permian crude gathering, transport and storage overlap
- NGL Energy Partners
Produced-water transport, recycling and disposal overlap
- Kinetik
Delaware Basin gathering and produced-water services overlap
- Enterprise Products Partners
Crude pipeline, storage and terminal services overlap
- Energy Transfer
Crude, gas and terminal infrastructure services overlap
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Delek Logistics Partners | $55.10 | +1.74% | $2.88B | 18.9 | 12.6 | 2.4 | +56.2% |
| Plains All American Pipeline | $24.68 | +0.53% | $17.32B | 6.8 | 14.6 | 0.3 | +66.3% |
| NGL Energy Partners | $16.04 | −0.68% | $2.02B | — | 12.7 | 0.6 | +59.1% |
| Kinetik | $53.43 | +1.99% | $3.86B | 19.0 | 31.5 | 2.0 | +36.3% |
| Enterprise Products Partners | $37.95 | −0.17% | $82.24B | 13.2 | 12.4 | 1.4 | +60.8% |
| Energy Transfer | $20.66 | +1.27% | $70.20B | 12.7 | 12.6 | 0.7 | +78.4% |
| Median | 12.9 | 12.7 | 0.7 | +60.8% |