Delek Logistics Partners (NYSE:DKL – Get Free Report) is expected to issue its Q3 2026 results before the market opens on Friday, November 6th. Analysts expect the company to announce earnings of $0.9720 per share and revenue of $355.44 million for the quarter. Interested persons can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Friday, November 6, 2026 at 12:30 PM ET.
Delek Logistics Partners (NYSE:DKL – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The oil and gas producer reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.39). Delek Logistics Partners had a net margin of 12.85% and a negative return on equity of 935.80%. The business had revenue of $384.76 million during the quarter, compared to the consensus estimate of $293.64 million. On average, analysts expect Delek Logistics Partners to post $3.94 EPS for the current fiscal year and $6.49 EPS for the next fiscal year.
Delek Logistics Partners Trading Down 2.5%
Shares of DKL opened at $53.76 on Wednesday. The company has a market cap of $3.08 billion, a price-to-earnings ratio of 19.21 and a beta of 0.43. The business’s fifty day simple moving average is $55.78 and its two-hundred day simple moving average is $53.35. Delek Logistics Partners has a 12 month low of $42.82 and a 12 month high of $61.50.
Delek Logistics Partners Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Tuesday, November 3rd will be issued a dividend of $1.14 per share. The ex-dividend date of this dividend is Tuesday, November 3rd. This is an increase from Delek Logistics Partners’s previous quarterly dividend of $1.1350. This represents a $4.56 dividend on an annualized basis and a dividend yield of 8.5%. Delek Logistics Partners’s dividend payout ratio is currently 158.19%.
Insider Buying and Selling
In related news, EVP Mark Hobbs purchased 4,000 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were acquired at an average price of $50.00 per share, for a total transaction of $200,000.00. Following the purchase, the executive vice president directly owned 24,125 shares in the company, valued at $1,206,250. This trade represents a 19.88% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President Avigal Soreq bought 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The stock was purchased at an average price of $50.00 per share, for a total transaction of $125,000.00. Following the completion of the transaction, the president directly owned 84,782 shares of the company’s stock, valued at $4,239,100. This represents a 3.04% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 15,000 shares of company stock worth $750,000 in the last 90 days. 1.00% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
DKL has been the topic of several recent analyst reports. UBS Group increased their price objective on Delek Logistics Partners from $55.00 to $57.00 and gave the company a “neutral” rating in a research report on Monday, September 21st. Weiss Ratings raised Delek Logistics Partners from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 2nd. Finally, Zacks Research cut shares of Delek Logistics Partners from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 22nd. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $55.60.
Check Out Our Latest Stock Report on Delek Logistics Partners
Delek Logistics Partners Company Profile
Delek Logistics Partners, L.P. (NYSE: DKL) is a master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil, refined products and other hydrocarbons. The partnership is sponsored by Delek US Holdings, Inc, an independent refiner and marketer of petroleum products.
Delek Logistics’ operations include crude oil gathering, transportation and storage; refined products transportation and terminalling; wholesale marketing; rail and truck services; and other logistics activities.
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