Articles featuring Delek Us (DK):
Looking for distribution growth? The management of midstream operator Delek Logistics Partners LP (DKL), the yieldco arm of Delek US (DK), has raised DKL's quarterly payouts in 26 straight quarters since the company's IPO in 2013. They raised it from $.82 to $.85 for their August Q2 '19 distribution.
Profile: DKL's logistics assets exist mainly to serve general partner DK's petroleum refining assets and transportation services. In this type of arrangement, the parent/sponsor... Read more
Midstream operator Delek Logistics Partners LP (DKL), the yieldco arm of Delek US (DK), has had several quarters of strong year-over-year EBITDA and DCF growth, as it acquired new assets from parent DK.
The sequential declines in Q1 '19 EBITDA and net income were due to lower throughput that was related to the turnaround at Delek U.S.'s El Dorado refinery reduced EBITDA by ~ $1.2 million, in addition to lower margins in its wholesale business. Its West Texas wholesale gross margin was... Read more
In my previous article I outlined the beginning of my new fund focusing on undervalued volatile dividend stocks that have lucrative option premiums, which allows us to collect income while waiting out any short-term headwinds in strong companies. You can find a link to that article here. One month ago, I had written an article outlining a new fund I created involving selling covered calls on volatile, undervalued dividend stocks. The main criteria for selecting stocks for the fund was the... Read more
Actionable Conclusions (1-10): Analysts Allege Ten 'Safer' Dividend Energy Equities To Net 35.45% to 59.17% Gains By November 2019 Four of the ten top-gain "safer" dividend energy equities, based on analyst 1-year target-prices (tinted gray in the chart above), were verified as being among the top ten yielders for the coming year. Thus the dog strategy for this group, as graded by analyst estimates, proved 40% accurate. The following probable profit-generating trades were triggered by... Read more
If you're looking for steady earnings and distribution growth, maybe you should consider Delek Logistics Partners LP (DKL), the yieldco arm of Delek US (DK). DKL has had a steady stream of dropdown assets from DK over the past several quarters, which have ramped up its earnings big time:
Management raised the Q3 '18 payout by $.02, to $.79, its 23rd straight distribution hike:
(Source: DKL site) Profile: DKL's logistics assets exist mainly to serve DK's petroleum refining... Read more
Holly Energy Partners L.P. (HEP) just reported another strong quarter for Q3 2018, with revenue up 14%, EBITDA up 16%, and DCF up 12%. One of HEP's claims to fame is its long string of distribution hikes since the company's IPO. In fact, they recently tied the immortal Joltin' Joe DiMaggio's hitting streak with their 56th straight hike in October.
(Source: si.com) Profile: HEP is a Delaware LP formed in early 2004 by HollyFrontier (HFC) and is headquartered in Dallas, Texas.... Read more
Looking for strong earnings in the midstream energy space? Take a look at these earnings gains from Delek Logistics Partners LP (DKL). It's a classic pattern of MLP asset expansion - the parent/GP, Delek US (DK), drops down assets to its yieldco, DKL, which pumps up sales:
Sequentially, DKL has reported record net income, EBITDA, and DCF in its last three quarters, with revenue also coming within a whisker of Q1 '18's record.
DKL saw its average terminalling throughput volume jump... Read more
A High-Yield Stock You Likely Havenít Considered
In this day and age, a dividend yield north of 10% may seem too good to be true. Whatís even more surprising, though, is that this double-digit yielder also delivers consistent payout increases.
Iím talking about Delek Logistics Partners LP (NYSE: DKL), a master limited partnership (MLP) headquartered in Brentwood, Tennessee.
The partnership came into existence in 2012. It was created by Delek US Holdings Inc (NYSE: DK) to own,... Read more
Top High-Yield Stock You Likely Havenít Considered
In todayís market, earning a solid 10% yield with regular dividend increases may seem too good to be true. But thatís exactly what Delek Logistics Partners LP (NYSE: DKL) has been offering.
Headquartered in Brentwood, Tennessee, Delek Logistics is a master limited partnership that owns, operates, acquires, and constructs crude oil and refined products logistics and marketing assets.
The partnership was created by downstream energy... Read more
Wow. Where does the time go? The last time I wrote a Dividends in Danger article was in September 2011. A recent exchange in a comment stream convinced me to restart this series. As before, I will act mostly as a scribe, reporting what readers and other authors say about dividends that may be in danger. The idea is to consolidate information into one place and provide an opportunity to talk about it. To get restarted, rather than go through SA's recent articles, I am presenting here... Read more