(DKL) Delek Logistics Partners - Overview
Stock: Crude Gathering, Refined Pipelines, Product Terminals, Storage Tanks
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 12.72% |
| Yield on Cost 5y | 18.17% |
| Yield CAGR 5y | 4.58% |
| Payout Consistency | 99.8% |
| Payout Ratio | 1.9% |
| Risk 5d forecast | |
|---|---|
| Volatility | 32.3% |
| Relative Tail Risk | -4.71% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.21 |
| Alpha | 24.57 |
| Character TTM | |
|---|---|
| Beta | 0.563 |
| Beta Downside | 0.987 |
| Drawdowns 3y | |
|---|---|
| Max DD | 35.26% |
| CAGR/Max DD | 0.43 |
Description: DKL Delek Logistics Partners January 13, 2026
Delek Logistics Partners LP (NYSE: DKL) is a mid-stream energy firm that provides gathering, processing, transportation, storage, and wholesale marketing services for crude oil, refined products, natural gas, and related hydrocarbons across the United States. The business is organized into four segments: (1) gathering and processing, (2) wholesale marketing and terminalling, (3) storage and transportation, and (4) equity investments in pipeline joint ventures. Delek Logistics GP, LLC acts as the general partner, and the company has operated as a subsidiary of Delek US Holdings since its incorporation in 2012, with headquarters in Brentwood, Tennessee.
Key operational metrics (as of FY 2023) show an EBITDA of roughly **$460 million**, a pipeline utilization rate of **≈ 78 %**, and a total storage capacity of **≈ 6 million barrels**. These figures are sensitive to crude-oil price volatility and U.S. production trends; a 10 % rise in WTI crude typically lifts DKL’s EBITDA by about 4 % due to higher volume throughput and fee-based contracts, while a sustained decline in U.S. shale output would pressure utilization and fee revenue.
Sector-wide drivers that materially affect DKL include (i) the **U.S. strategic petroleum reserve (SPR) policy**, which can create short-term spikes in demand for storage and terminal services, (ii) **environmental regulation** around pipeline expansions and water-disposal operations, and (iii) the **macro-cycle of oil demand** tied to global GDP growth-particularly the rebound in transportation fuel consumption post-pandemic. Assuming current regulatory trajectories remain unchanged, DKL’s exposure to these drivers suggests a moderate-to-high earnings volatility profile.
For a deeper dive into DKL’s valuation metrics and scenario analysis, the ValueRay platform offers a transparent, data-driven toolkit.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 164.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -9.00 > 1.0 |
| NWC/Revenue: 1.30% < 20% (prev 1.66%; Δ -0.36% < -1%) |
| CFO/TA 0.09 > 3% & CFO 250.4m > Net Income 164.5m |
| Net Debt (712.0k) to EBITDA (448.5m): 0.00 < 3 |
| Current Ratio: 1.03 > 1.5 & < 3 |
| Outstanding Shares: last quarter (53.5m) vs 12m ago 13.59% < -2% |
| Gross Margin: 22.41% > 18% (prev 0.27%; Δ 2214 % > 0.5%) |
| Asset Turnover: 41.10% > 50% (prev 50.23%; Δ -9.14% > 0%) |
| Interest Coverage Ratio: 1.98 > 6 (EBITDA TTM 448.5m / Interest Expense TTM 169.2m) |
Beneish M -2.94
| DSRI: 1.30 (Receivables 91.8m/72.0m, Revenue 967.4m/984.9m) |
| GMI: 1.21 (GM 22.41% / 27.05%) |
| AQI: 0.49 (AQ_t 0.20 / AQ_t-1 0.42) |
| SGI: 0.98 (Revenue 967.4m / 984.9m) |
| TATA: -0.03 (NI 164.5m - CFO 250.4m) / TA 2.75b) |
| Beneish M-Score: -2.94 (Cap -4..+1) = A |
What is the price of DKL shares?
Over the past week, the price has changed by +8.14%, over one month by +17.55%, over three months by +20.13% and over the past year by +36.85%.
Is DKL a buy, sell or hold?
- StrongBuy: 1
- Buy: 1
- Hold: 0
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the DKL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 44.3 | -15.9% |
| Analysts Target Price | 44.3 | -15.9% |
| ValueRay Target Price | 65.4 | 24.3% |
DKL Fundamental Data Overview February 03, 2026
P/E Forward = 10.3306
P/S = 2.7469
P/B = 157.4537
P/EG = 0.77
Revenue TTM = 967.4m USD
EBIT TTM = 334.4m USD
EBITDA TTM = 448.5m USD
Long Term Debt = 2.29b USD (from longTermDebt, last quarter)
Short Term Debt = 3.49m USD (from shortTermDebt, last quarter)
Debt = 7.62m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 712.0k USD (from netDebt column, last quarter)
Enterprise Value = 2.66b USD (2.66b + Debt 7.62m - CCE 6.91m)
Interest Coverage Ratio = 1.98 (Ebit TTM 334.4m / Interest Expense TTM 169.2m)
EV/FCF = -65.07x (Enterprise Value 2.66b / FCF TTM -40.8m)
FCF Yield = -1.54% (FCF TTM -40.8m / Enterprise Value 2.66b)
FCF Margin = -4.22% (FCF TTM -40.8m / Revenue TTM 967.4m)
Net Margin = 17.00% (Net Income TTM 164.5m / Revenue TTM 967.4m)
Gross Margin = 22.41% ((Revenue TTM 967.4m - Cost of Revenue TTM 750.6m) / Revenue TTM)
Gross Margin QoQ = 20.25% (prev 25.32%)
Tobins Q-Ratio = 0.97 (Enterprise Value 2.66b / Total Assets 2.75b)
Interest Expense / Debt = 629.5% (Interest Expense 48.0m / Debt 7.62m)
Taxrate = 0.75% (344.0k / 45.9m)
NOPAT = 331.9m (EBIT 334.4m * (1 - 0.75%))
Current Ratio = 1.03 (Total Current Assets 382.8m / Total Current Liabilities 370.2m)
Debt / Equity = 0.44 (Debt 7.62m / totalStockholderEquity, last quarter 17.5m)
Debt / EBITDA = 0.00 (Net Debt 712.0k / EBITDA 448.5m)
Debt / FCF = -0.02 (negative FCF - burning cash) (Net Debt 712.0k / FCF TTM -40.8m)
Total Stockholder Equity = 45.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.99% (Net Income 164.5m / Total Assets 2.75b)
RoE = 360.6% (Net Income TTM 164.5m / Total Stockholder Equity 45.6m)
RoCE = 14.33% (EBIT 334.4m / Capital Employed (Equity 45.6m + L.T.Debt 2.29b))
RoIC = 15.25% (NOPAT 331.9m / Invested Capital 2.18b)
WACC = 7.97% (E(2.66b)/V(2.67b) * Re(7.99%) + (debt cost/tax rate unavailable))
Discount Rate = 7.99% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 10.78%
Fair Price DCF = unknown (Cash Flow -40.8m)
EPS Correlation: -37.91 | EPS CAGR: -48.64% | SUE: -4.0 | # QB: 0
Revenue Correlation: 13.12 | Revenue CAGR: 8.88% | SUE: 0.24 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.33 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=5.53 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=+44.0% | Growth Revenue=+10.2%