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Delek Logistics Partners, LP (DKL)

Energy | Oil & Gas Refining & Marketing | Brentwood, United States | NYSE
54.79 USD -0.15 (-0.273%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 54.79

Short-term:★★⯪☆☆Long-term:★★★☆☆Dividends:★⯪☆☆☆
Hot Take | Aug. 22, 2026, 5:01 a.m. EDT

The investment case here is bifurcated by a massive disconnect between the headline yield and the company's actual cash generation. The 8.4% yield is a mathematical illusion driven by a payout ratio exceeding 150%, meaning the company is distributing more cash than it generates from operations, effectively burning capital to fund the dividend. This unsustainable payout structure caps the long-term rating at a solid 3-star hold; while the business has shown resilience with positive revenue growth and a recovering stock price over the last decade, the balance sheet is compromised by negative book value and negative free cash flow. Short-term momentum remains neutral as the stock consolidates near its 200-day average, but the options market is screaming caution, with heavy put buying suggesting investors are hedging against a potential reversal of the recent gains. Until the payout ratio becomes sustainable, this is a speculative income play, not a core holding.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.049314
AutoTheta0.082166
MSTL0.087565
AutoETS0.088861

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 47%
H-stat 8.95
Ljung-Box p 0.000
Jarque-Bera p 0.252
Excess Kurtosis -1.21
Attribute Value
Sector Energy
Ex Dividend Date 2026-08-02
Last Dividend Date 2026-08-02
Revenue per Share 22.454
Market Cap 3,166,714,112
Trailing P/E 19.02
Forward P/E 14.33
Beta 0.43
Profit Margins 12.85%
Website https://www.deleklogistics.com

As of Aug. 22, 2026, 5:01 a.m. EDT: Speculators are positioning for a range-bound outcome with a distinct skew toward downside protection. While there is notable open interest in out-of-the-money calls at the $60 strike, the put side shows significantly heavier positioning, particularly in deep out-of-the-money strikes ($40-$45) expiring in February 2027. This suggests a 'crash' hedge strategy rather than a pure bullish bet, indicating fear of a prolonged decline despite the recent rally.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.96% 8.87% 9.96% 9.32%
Dividend History
Date Dividend Yield %
2026-08-03 1.135 1.955885
2026-05-04 1.130 2.208757
2026-02-05 1.125 2.192555
2025-11-07 1.120 2.507837
2025-08-08 1.115 2.564987
2025-05-08 1.110 2.897416
2025-02-04 1.105 2.559648
2024-11-08 1.100 2.868318
2024-08-09 1.090 2.799897
2024-05-07 1.070 2.755601
2024-02-02 1.055 2.329432
2023-11-03 1.045 2.228145
2023-08-04 1.035 2.518248
2023-05-05 1.025 2.321105
2023-02-01 1.020 2.115305
2022-11-03 0.990 1.801310
2022-08-03 0.985 1.820702
2022-05-04 0.980 1.942132
2022-01-31 0.975 2.176339
2021-11-04 0.950 2.025586
2021-08-04 0.940 2.344140
2021-05-07 0.920 2.346939
2021-02-01 0.910 2.493834
2020-11-05 0.905 3.274240
2020-08-06 0.900 2.815139
2020-05-04 0.890 4.829083
2020-02-03 0.885 2.845659
2019-11-01 0.880 2.786574
2019-08-02 0.850 2.656250
2019-05-06 0.820 2.672751
2019-02-01 0.810 2.765449
2018-11-01 0.790 2.550856
2018-08-02 0.770 2.692308
2018-05-04 0.750 2.678571
2018-02-01 0.725 2.287066
2017-11-06 0.715 2.379368
2017-08-02 0.705 2.110778
2017-05-03 0.690 2.240260
2017-02-03 0.680 1.956835
2016-11-03 0.655 2.924107
2016-08-03 0.630 2.455183
2016-05-03 0.610 1.875192
2016-02-03 0.590 2.165138
2015-11-04 0.570 1.727273
2015-08-04 0.550 1.291990
2015-04-30 0.530 1.260404
2015-02-04 0.510 1.213708
2014-11-04 0.490 1.235813
2014-08-05 0.475 1.398704
2014-05-02 0.425 1.261876
2014-01-31 0.415 1.275353
2013-11-05 0.405 1.336193
2013-08-02 0.395 1.270096
2013-05-03 0.385 1.151316
2013-02-04 0.224 0.859555
Additional Data
dividendRate 4.51
dividendYield 8.21
exDividendDate 2026-08-03
trailingAnnualDividendRate 4.51
trailingAnnualDividendYield 0.08208956
lastDividendValue 1.135
lastDividendDate 2026-08-03
dividendDate 2026-08-10

Info Dump

Attribute Value
52 Week Change 0.27034545
Address1 310 Seven Springs Way
Address2 Suite 500
All Time High 64.47
All Time Low 5.51
Ask 54.99
Ask Size 200
Average Analyst Rating 3.0 - Hold
Average Daily Volume10 Day 140,400
Average Daily Volume3 Month 135,653
Average Volume 135,653
Average Volume10Days 140,400
Beta 0.425
Bid 54.66
Bid Size 200
Book Value -1.303
City Brentwood
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 54.79
Current Ratio 0.961
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 55.33
Day Low 54.39
Dividend Date 1,786,320,000
Dividend Rate 4.51
Dividend Yield 8.21
Earnings Call Timestamp End 1,785,947,400
Earnings Call Timestamp Start 1,785,947,400
Earnings Growth -0.349
Earnings Quarterly Growth -0.352
Earnings Timestamp 1,785,933,000
Earnings Timestamp End 1,793,968,200
Earnings Timestamp Start 1,793,968,200
Ebitda 316,504,992
Ebitda Margins 0.26391
Enterprise To Ebitda 16.773
Enterprise To Revenue 4.427
Enterprise Value 5,308,772,352
Eps Forward 3.82426
Eps Trailing Twelve Months 2.88
Esg Populated 0
Ex Dividend Date 1,785,715,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 54.872
Fifty Day Average Change -0.08200073
Fifty Day Average Change Percent -0.0014944002
Fifty Two Week Change Percent 27.034546
Fifty Two Week High 61.5
Fifty Two Week High Change -6.709999
Fifty Two Week High Change Percent -0.10910568
Fifty Two Week Low 42.35
Fifty Two Week Low Change 12.440002
Fifty Two Week Low Change Percent 0.2937427
Fifty Two Week Range 42.35 - 61.5
Financial Currency USD
First Trade Date Milliseconds 1,351,863,000,000
Five Year Avg Dividend Yield 9.01
Float Shares 21,823,129
Forward Eps 3.82426
Forward P E 14.326955
Free Cashflow -107,492,248
Full Exchange Name NYSE
Fullday Change -0.149998
Fullday Change Percent -0.273021
Fullday Price 54.79
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.2942
Gross Profits 352,823,008
Has Pre Post Market Data 1
Held Percent Insiders 0.58864
Held Percent Institutions 0.21011
Implied Shares Outstanding 57,797,301
Industry Oil & Gas Refining & Marketing
Industry Disp Oil & Gas Refining & Marketing
Industry Key oil-gas-refining-marketing
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,785,715,200
Last Dividend Value 1.135
Last Fiscal Year End 1,767,139,200
Long Business Summary Delek Logistics Partners, LP provides gathering, pipeline, transportation, and other services for crude oil, intermediates, refined products, natural gas, storage, wholesale marketing, terminalling water disposal and recycling customers in the United States. The company operates in four segments: Gathering and Processing, Wholesale Marketing and Terminalling, Storage and Transportation, and Investments in Joint Ventures. It offers tanks, offloading facilities, and trucks and ancillary assets that provide crude oil, hydrocarbon-based products, intermediate and refined products transportation, and storage services. Delek Logistics GP, LLC serves as the general partner of the company. Delek Logistics Partners, LP was incorporated in 2012 and is headquartered in Brentwood, Tennessee. Delek Logistics Partners, LP operates as a subsidiary of Delek US Holdings, Inc.
Long Name Delek Logistics Partners, LP
Market us_market
Market Cap 3,166,714,112
Market State CLOSED
Max Age 86,400
Message Board Id finmb_214103601
Most Recent Quarter 1,782,777,600
Net Income To Common 154,075,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 3,175,383,716
Number Of Analyst Opinions 6
Open 54.53
Operating Cashflow 339,716,000
Operating Margins 0.16087
Payout Ratio 1.5536
Phone 615 771 6701
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 54.79
Post Market Time 1,787,959,805
Previous Close 54.94
Price Hint 2
Price To Book -42.049118
Price To Sales Trailing12 Months 2.640537
Profit Margins 0.12847
Quick Ratio 0.902
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 3.0
Region US
Regular Market Change -0.149998
Regular Market Change Percent -0.273021
Regular Market Day High 55.33
Regular Market Day Low 54.39
Regular Market Day Range 54.39 - 55.33
Regular Market Open 54.53
Regular Market Previous Close 54.94
Regular Market Price 54.79
Regular Market Time 1,787,947,202
Regular Market Volume 145,063
Return On Assets 0.03819
Revenue Growth 0.562
Revenue Per Share 22.454
Sand P52 Week Change 0.20204377
Sector Energy
Sector Disp Energy
Sector Key energy
Shares Outstanding 57,797,301
Shares Percent Shares Out 0.0062
Shares Short 358,771
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 542,356
Short Name Delek Logistics Partners, L.P.
Short Percent Of Float 0.0153
Short Ratio 2.08
Source Interval 15
State TN
Symbol DKL
Target High Price 61.0
Target Low Price 36.0
Target Mean Price 52.83333
Target Median Price 55.5
Total Cash 13,705,000
Total Cash Per Share 0.258
Total Debt 2,407,796,992
Total Revenue 1,199,268,992
Tradeable 0
Trailing Annual Dividend Rate 4.51
Trailing Annual Dividend Yield 0.08208956
Trailing Eps 2.88
Trailing P E 19.024305
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 51.0782
Two Hundred Day Average Change 3.7117996
Two Hundred Day Average Change Percent 0.072668955
Type Disp Equity
Volume 145,063
Website https://www.deleklogistics.com
Zip 37,027