(DKL) Delek Logistics - NYSE
Sector: Energy | Industry: Oil & Gas Refining & Marketing | Exchange: NYSE (USA) | Market Cap: 2.680m USD | Total Return: 29.8% in 12m
Avg Turnover: 4.04M
EPS Trend: 85.0%
Qual. Beats: 0
Rev. Trend: -36.2%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Delek Logistics Partners, LP (NYSE: DKL) is a midstream energy company headquartered in Brentwood, Tennessee. Operating as a subsidiary of Delek US Holdings, Inc., the partnership provides gathering, pipeline transportation, storage, and terminalling services for crude oil, refined products, and natural gas across the United States. Its business model is organized into four primary segments: Gathering and Processing, Wholesale Marketing and Terminalling, Storage and Transportation, and Pipeline Joint Ventures.
As a Master Limited Partnership (MLP), the company typically generates stable cash flows through long-term, fee-based contracts, which reduces direct exposure to commodity price volatility. Midstream entities like DKL serve as critical infrastructure links between upstream production and downstream refining markets. Further analysis of the partnerships distribution history and debt-to-equity ratios can be conducted on ValueRay. Delek Logistics Partners was incorporated in 2012 and is managed by its general partner, Delek Logistics GP, LLC.
- Throughput volume commitments from parent company Delek US Holdings drive cash flow
- Permian Basin gathering and processing expansion increases fee-based revenue potential
- High interest rates impact cost of debt for capital-intensive infrastructure projects
- Strategic joint venture distributions provide critical support for quarterly distribution coverage
- Regulatory shifts in hydrocarbon transportation and disposal affect long-term operating costs
| Net Income: 169.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 3.09 > 1.0 |
| NWC/Revenue: -2.32% < 20% (prev 6.33%; Δ -8.66% < -1%) |
| CFO/TA 0.13 > 3% & CFO 370.4m > Net Income 169.8m |
| Net Debt (2.35b) to EBITDA (494.2m): 4.76 < 3 |
| Current Ratio: 0.96 > 1.5 & < 3 |
| Outstanding Shares: last quarter (53.6m) vs 12m ago -0.06% < -2% |
| Gross Margin: 19.25% > 18% (prev 23.66%; Δ -4.42% > 0.5%) |
| Asset Turnover: 40.00% > 50% (prev 39.18%; Δ 0.82% > 0%) |
| Interest Coverage Ratio: 1.90 > 6 (EBIT TTM 359.8m / Interest Expense TTM 189.8m) |
| DSRI: 0.90 (Receivables 146.6m/144.6m, Revenue 1.06b/938.5m) |
| GMI: 1.23 (GM 23.66% / 19.25%) |
| AQI: 0.42 (AQ_t 0.16 / AQ_t-1 0.38) |
| SGI: 1.13 (Revenue 1.06b / 938.5m) |
| TATA: -0.07 (NI 169.8m - CFO 370.4m) / TA 2.91b) |
| Beneish M = -3.16 (Cap -4..+1) = AA |
As of June 27, 2026, the stock is trading at USD 50.76 with a total of 52,821 shares traded. Over the past week, the price has changed by +0.69%, over one month by -0.94%, over three months by -4.29% and over the past year by +29.82%.
Current recommended Stop Loss: 46.90 (which is 7.6% or 1.9 ATR below the current price).
Delek Logistics has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold DKL.
- StrongBuy: 1
- Buy: 1
- Hold: 0
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 51.4 | 1.3% |
P/E Trailing = 15.9022
P/E Forward = 10.3306
P/S = 2.5265
P/B = 445.1485
P/EG = 0.77
Revenue TTM = 1.06b USD
EBIT TTM = 359.8m USD
EBITDA TTM = 494.2m USD
Long Term Debt = 2.29b USD (from longTermDebt, last quarter)
Short Term Debt = 11.5m USD (from shortTermDebt, last quarter)
Debt = 2.36b USD (from shortLongTermDebtTotal, last quarter) + Leases 34.6m
Net Debt = 2.35b USD (calculated: Debt 2.36b - CCE 9.91m)
Enterprise Value = 5.03b USD (2.68b + Debt 2.36b - CCE 9.91m)
Interest Coverage Ratio = 1.90 (Ebit TTM 359.8m / Interest Expense TTM 189.8m)
EV/FCF = 47.00x (Enterprise Value 5.03b / FCF TTM 107.1m)
FCF Yield = 2.13% (FCF TTM 107.1m / Enterprise Value 5.03b)
FCF Margin = 10.10% (FCF TTM 107.1m / Revenue TTM 1.06b)
Net Margin = 16.00% (Net Income TTM 169.8m / Revenue TTM 1.06b)
Gross Margin = 19.25% ((Revenue TTM 1.06b - Cost of Revenue TTM 856.7m) / Revenue TTM)
Gross Margin QoQ = 15.38% (prev 16.87%)
Tobins Q-Ratio = 1.73 (Enterprise Value 5.03b / Total Assets 2.91b)
Interest Expense / Debt = 8.03% (Interest Expense 189.8m / Debt 2.36b)
Taxrate = 0.16% (276k / 170.1m)
NOPAT = 359.3m (EBIT 359.8m * (1 - 0.16%))
Current Ratio = 0.96 (Total Current Assets 536.3m / Total Current Liabilities 561.0m)
Debt / Equity = -117.3 (out of range, set to none) (Debt 2.36b / totalStockholderEquity, last quarter -20.2m)
Debt / EBITDA = 4.76 (Net Debt 2.35b / EBITDA 494.2m)
Debt / FCF = 21.98 (Net Debt 2.35b / FCF TTM 107.1m)
Total Stockholder Equity = 8.86m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.40% (Net Income 169.8m / Total Assets 2.91b)
RoE = 1.92k% (out of range, set to none) (Net Income TTM 169.8m / Total Stockholder Equity 8.86m)
RoCE = 15.62% (EBIT 359.8m / Capital Employed (Equity 8.86m + L.T.Debt 2.29b))
RoIC = 15.29% (NOPAT 359.3m / Invested Capital 2.35b)
WACC = 7.47% (E(2.68b)/V(5.04b) * Re(6.99%) + D(2.36b)/V(5.04b) * Rd(8.03%) * (1-Tc(0.00)))
Discount Rate = 6.99% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 77.78 | Cagr: 9.59%
[DCF] Terminal Value 77.97% ; FCFF base≈70.0m ; Y1≈80.2m ; Y5≈118.0m
[DCF] Fair Price = N/A (negative equity: EV 1.78b - Net Debt 2.35b = -577.7m; debt exceeds intrinsic value)
EPS Correlation: 84.95 | EPS CAGR: 18.83% | SUE: -0.09 | # QB: 0
Revenue Correlation: -36.24 | Revenue CAGR: -1.97% | SUE: 1.84 | # QB: 1
EPS current Quarter (2026-06-30): EPS=1.47 | Chg30d=+0.00% | Revisions=N/A | Analysts=1
EPS next Quarter (2026-09-30): EPS=1.37 | Chg30d=+0.00% | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=5.53 | Chg30d=+0.00% | Revisions=N/A | GrowthEPS=-6.3% | GrowthRev=+13.6%
EPS next Year (2027-12-31): EPS=3.97 | Chg30d=-8.85% | Revisions=-43% | GrowthEPS=+20.4% | GrowthRev=+0.3%
[Analyst] Revisions Ratio: -43%