Truist initiated coverage on Delek Logistics Partners with a new price target
$DKL
Natural Gas Distribution
Energy
Truist initiated coverage of Delek Logistics Partners with a rating of Buy and set a new price target of $46.00
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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 Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") announced today the closing of the previously announced acquisition of Gravity Water Intermediate Holdings LLC ("Gravity"). "The Gravity acquisition represents another significant step in DKL's commitment of being a full suite crude, gas and water midstream services provider in the Permian Basin. Gravity's primary operations are in Howard County in the Midland Basin, and along with our recent H2O Midstream acquisition, provide a strong opportunity for integrated crude and water services to DKL's customers. We believe Delek Logistics continues to provide the best combination of yield and growth in the midstream sector. As prev
HOUSTON, Dec. 12, 2024 /PRNewswire/ -- Gravity Oilfield Services Inc. ("Gravity" or the "company"), a growth-oriented water and power infrastructure company backed by affiliates of Clearlake Capital Group, L.P. ("Clearlake"), announced today that it has agreed to sell its Gravity Water Midstream division to Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics"). Gravity Water Midstream provides gathering, transportation, recycling, storage, and disposal solutions for produced water in the Midland Basin in Texas and the Williston Basin in North Dakota. "The acquisition of
Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics" or "DKL") announced the development of permitted acid gas injection "AGI" capabilities at its under-construction Libby 2 gas processing plant. "We are committed to executing our strategy of being the preferred oil, gas and water midstream services provider in the Permian Basin. Delek Logistics continues to provide the best combination of yield and growth in the midstream sector. We are determined to showcase the value DKL has created in the Permian Basin and are confident that our strategy will continue to yield benefits for the stakeholders of Delek Logistics. The announcements today are a testament to the high-quality growth opp
S-3 - Delek Logistics Partners, LP (0001552797) (Filer)
SCHEDULE 13G - Delek Logistics Partners, LP (0001552797) (Subject)
10-Q - Delek Logistics Partners, LP (0001552797) (Filer)
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
4 - Delek Logistics Partners, LP (0001552797) (Issuer)
4 - Delek Logistics Partners, LP (0001552797) (Issuer)
4 - Delek Logistics Partners, LP (0001552797) (Issuer)
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
4 - Delek Logistics Partners, LP (0001552797) (Issuer)
4 - Delek Logistics Partners, LP (0001552797) (Issuer)
4 - Delek Logistics Partners, LP (0001552797) (Issuer)
SC 13G/A - Delek Logistics Partners, LP (0001552797) (Subject)
Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics" or "DKL") announced the development of permitted acid gas injection "AGI" capabilities at its under-construction Libby 2 gas processing plant. "We are committed to executing our strategy of being the preferred oil, gas and water midstream services provider in the Permian Basin. Delek Logistics continues to provide the best combination of yield and growth in the midstream sector. We are determined to showcase the value DKL has created in the Permian Basin and are confident that our strategy will continue to yield benefits for the stakeholders of Delek Logistics. The announcements today are a testament to the high-quality growth opp
Net loss of $76.8 million or $(1.20) per share, adjusted net loss of $93.0 million or $(1.45) per share, adjusted EBITDA of $70.6 million During 3Q' 2024, we successfully closed previously announced transactions to further our SOTP strategy: Sold our retail assets for proceeds of $390 million DK & Delek Logistics(DKL) executed the intercompany amendments and extensions Completed the drop-down of Wink to Webster ("W2W") pipeline into DKL DKL closed the acquisition of H2O Midstream, further adding to its third party cash flows Announced the Enterprise Optimization Plan ("EOP") expected to increase overall profitability by at least $100 million DKL announced another record qua
Net income attributable to all partners of $33.7 million Reported record Adjusted EBITDA of $106.8 million up 9% year over year During the 3rd quarter Delek Logistics: Closed the acquisition of H2O Midstream Completed the acquisition of Delek US' interest in the Wink to Webster ("W2W") pipeline Amended and extended agreements with Delek US for a period of up to seven years Announced the final investment decision (FID) on a new gas processing plant adjacent to the existing Delaware plant DKL raised $165.3 million from a primary offering in October to fund its accretive growth projects in the Delaware Basin Continued with its consistent distribution growth policy with recen