Delek Logistics Partners upgraded by Citigroup with a new price target
$DKL
Natural Gas Distribution
Energy
Citigroup upgraded Delek Logistics Partners from Neutral to Buy and set a new price target of $45.00 from $44.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/17/2024 | $36.00 | Underperform | BofA Securities |
| 8/28/2024 | $44.00 → $45.00 | Neutral → Buy | Citigroup |
| 4/19/2024 | $46.00 | Buy | Truist |
| 3/19/2024 | $45.00 | Mkt Perform → Outperform | Raymond James |
| 9/8/2023 | $47.00 → $45.00 | Sell → Neutral | Citigroup |
| 6/28/2023 | $47.00 | Neutral → Sell | Citigroup |
| 12/9/2022 | $48.00 | Neutral | Citigroup |
| 12/16/2021 | $47.00 → $46.00 | Equal-Weight | Wells Fargo |
Delek US Holdings, Inc. (NYSE:DK) welcomes the U.S. Environmental Protection Agency's (EPA) recent decision to grant more than half of our pending small refinery exemptions for the years 2019-2024. "These exemptions address an issue that has been pending for several years and will enable our company to ensure affordable energy prices and high-paying jobs in the heart of America," said Avigal Soreq, Chief Executive Officer. "We commend the Trump Administration and the EPA for clearing the backlog of petitions that have been pending for over six years. I am confident that this Administration will continue to support small refineries into the future," Mr. Soreq continued. Delek looks forwa
Net loss of $106.4 million or $(1.76) per share, adjusted net loss of $33.1 million or $(0.56) per share, adjusted EBITDA of $170.2 million During 2Q'25 DK continued to advance its key objectives of EOP and Sum of the Parts Enterprise Optimization Plan ("EOP") continues to exceed expectations and is forecasted to deliver $130 to 170 million in annual run-rate cash flow improvements. We recognized ~$30 million of improvements in 2Q'25 DKL completed its new Libby 2 gas processing plant, providing a much needed processing capacity expansion for DKL's producer customers in Lea County, New Mexico DKL is executing well on its full year Adjusted EBITDA guidance of $480 to $520 million
Net income of $44.6 million Reported Adjusted EBITDA of $120.9 million up 18% year over year Executing well on our full year Adjusted EBITDA guidance of $480 to $520 million Continued our consistent distribution growth with our 50th consecutive quarterly increase to $1.115/unit Successfully completed new Libby 2 gas processing plant, providing a much needed processing capacity expansion to our producer customers in Lea County, New Mexico Successfully executed $700.0 million debt offering maturing in June 2033 This offering improves DKL's total liquidity to over $1 billion Enhanced liquidity reinforces DKL's growth efforts as an independent company Delek Logistics
4 - Delek Logistics Partners, LP (0001552797) (Issuer)
4 - Delek Logistics Partners, LP (0001552797) (Issuer)
4 - Delek Logistics Partners, LP (0001552797) (Issuer)
10-Q - Delek Logistics Partners, LP (0001552797) (Filer)
8-K - Delek Logistics Partners, LP (0001552797) (Filer)
8-K - Delek Logistics Partners, LP (0001552797) (Filer)
4 - Delek Logistics Partners, LP (0001552797) (Issuer)
4 - Delek Logistics Partners, LP (0001552797) (Issuer)
4 - Delek Logistics Partners, LP (0001552797) (Issuer)
BofA Securities initiated coverage of Delek Logistics Partners with a rating of Underperform and set a new price target of $36.00
Citigroup upgraded Delek Logistics Partners from Neutral to Buy and set a new price target of $45.00 from $44.00 previously
Truist initiated coverage of Delek Logistics Partners with a rating of Buy and set a new price target of $46.00
BRENTWOOD, Tenn., Jan. 18, 2024 /PRNewswire/ -- Delek US Holdings, Inc. (the "Company" or "Delek US") announced that its Board of Directors has appointed Christine Benson Schwartzstein to serve as an independent director effective immediately. Ms. Benson will stand for election at the Company's 2024 annual meeting of stockholders, on May 2, 2024. Following the appointment, the board of Delek US will comprise of 10 directors, 8 of which are independent. "The board is pleased to welcome Ms. Benson. Her experience in risk management, capital markets, and green energies will provide us with instrumental insights," said Uzi Yemin, Executive Chairman of Delek US. "We are excited to have Ms. Benso
Uzi Yemin to transition from DK CEO to DK Executive Chairman, effective June 2022;Avigal Soreq named Successor DK CEO Uzi Yemin to remain Chairman of DKL and Avigal Soreq named President of DKL Todd O'Malley named Chief Operating Officer of DK and DKL andNithia Thaver appointed DK EVP and President of Refining Leonardo Moreno to join DK Board of Directors BRENTWOOD, Tenn., March 28, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE:DK) ("Delek US" or the "Company") today announced a leadership succession plan and a series of additional leadership appointments as well as governance updates at Delek US and Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics"). Executive Leadership Succ
BRENTWOOD, Tenn., March 1, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced the appointment of Todd O'Malley to EVP, Chief Commercial Officer effective March 1, 2021. "We are pleased to welcome Todd to the Delek family" said Uzi Yemin, Chairman, President and Chief Executive Officer of Delek US. "Todd brings a wealth of private equity, trading, capital markets, operations, and management expertise in the energy and renewable sectors to his role at Delek. This aligns our company for future growth with strong proven leadership." Prior to joining Delek in 2021, Mr O'Malley served as a special advisor to a number of private equity and public company CEO's and
Delek US Holdings, Inc. (NYSE:DK) welcomes the U.S. Environmental Protection Agency's (EPA) recent decision to grant more than half of our pending small refinery exemptions for the years 2019-2024. "These exemptions address an issue that has been pending for several years and will enable our company to ensure affordable energy prices and high-paying jobs in the heart of America," said Avigal Soreq, Chief Executive Officer. "We commend the Trump Administration and the EPA for clearing the backlog of petitions that have been pending for over six years. I am confident that this Administration will continue to support small refineries into the future," Mr. Soreq continued. Delek looks forwa
Net loss of $106.4 million or $(1.76) per share, adjusted net loss of $33.1 million or $(0.56) per share, adjusted EBITDA of $170.2 million During 2Q'25 DK continued to advance its key objectives of EOP and Sum of the Parts Enterprise Optimization Plan ("EOP") continues to exceed expectations and is forecasted to deliver $130 to 170 million in annual run-rate cash flow improvements. We recognized ~$30 million of improvements in 2Q'25 DKL completed its new Libby 2 gas processing plant, providing a much needed processing capacity expansion for DKL's producer customers in Lea County, New Mexico DKL is executing well on its full year Adjusted EBITDA guidance of $480 to $520 million
Net income of $44.6 million Reported Adjusted EBITDA of $120.9 million up 18% year over year Executing well on our full year Adjusted EBITDA guidance of $480 to $520 million Continued our consistent distribution growth with our 50th consecutive quarterly increase to $1.115/unit Successfully completed new Libby 2 gas processing plant, providing a much needed processing capacity expansion to our producer customers in Lea County, New Mexico Successfully executed $700.0 million debt offering maturing in June 2033 This offering improves DKL's total liquidity to over $1 billion Enhanced liquidity reinforces DKL's growth efforts as an independent company Delek Logistics
SC 13G/A - Delek Logistics Partners, LP (0001552797) (Subject)