Delek Logistics Partners LPNYSE: DKL

Delek Logistics provides steady distributions with a dividend yield of around 10% and reliable cash flows. The partnership benefits from long-term fee-based contracts and minimum volume commitments, protecting it from market volatility. Financials are improving, with strong net income, EBITDA, and distributable cash flow, and potential for future growth through new assets and acquisitions.

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today announced that the Partnership intends to issue a press release summarizing first quarter 2024 results before the U.S. stock market opens on Tuesday, May 7, 2024. A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT (12:30 p.m. ET) on Tuesday, May 7, 2024. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clic.

Here is how Delek Logistics Partners, L.P. (DKL) and Murphy USA (MUSA) have performed compared to their sector so far this year.

Having a huge backlog of growth projects, midstream players secure additional cashflows, thereby brightening the outlook for the Zacks Oil and Gas - Pipeline MLP industry. Some of the frontrunners in the industry are Enterprise (EPD), NuStar (NS) and Delek Logistics (DKL).

Delek Logistics Partners is undergoing a period of transformation with a recent acquisition and changes in business segments. The company has reported stable distributable FCFs and investments in third party opportunities.

Enterprise Products Partners pays a 7.5%-yielding distribution it has increased for 25 straight years. Delek Logistics Partners has increased its high-yielding payout for 42 straight quarters.

Delek Logistics Partners, LP (NYSE:DKL ) Q2 2023 Earnings Conference Call August 7, 2023 ET Company Participants Rosy Zuklic - Vice President, Investor Relations Avigal Soreq - President Reuven Spiegel - Executive Vice President and Chief Financial Officer Conference Call Participants Operator Good day, and welcome to the Delek Logistics Partners Second Quarter Conference Call. All participants will be in a listen-only mode.

Delek Logistics Partners LP offers a unique way to benefit from the strong demand for oil in the US, with a dividend yield of over 8%. DKL is well-positioned to capture the growth in the US oil industry and has a solid base of revenues from diversified contracts. Despite some risks in the oil and gas sector, DKL's strong financial performance and potential for double-digit EPS growth make it an attractive investment opportunity.

Energy Transfer plans to grow its 9.7%-yielding payout by 3%-5% per year. MPLX increased its 9.1% yielding distribution by another 10% last year.