Latest news with #DelekLogistics
Globe and Mail
a day ago
- Business
- Globe and Mail
Delek US Holdings to Host Second Quarter 2025 Conference Call on August 6th
Delek US Holdings, Inc. (NYSE: DK) ('Delek US') today announced that the Company intends to issue a press release summarizing second quarter 2025 results before the U.S. stock market opens on Wednesday, August 6, 2025. A conference call to discuss these results is scheduled to begin at 10:00 a.m. CT (11:00 a.m. ET) on Wednesday, August 6, 2025. The live broadcast of this conference call will be available online by going to and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, and renewable fuels. The refining assets consist primarily of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day. The logistics operations include Delek Logistics Partners, LP (NYSE: DKL). Delek Logistics Partners, LP is a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets. Delek US Holdings, Inc. and its subsidiaries owned approximately 63.6% (including the general partner interest) of Delek Logistics Partners, LP as of February 18, 2025. Information about Delek US Holdings, Inc. can be found on its website ( investor relations webpage ( and news webpage (
Yahoo
a day ago
- Business
- Yahoo
Delek Logistics Partners, LP to Host Second Quarter 2025 Conference Call on August 6th
BRENTWOOD, Tenn., July 18, 2025--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing second quarter 2025 results before the U.S. stock market opens on Wednesday, August 6, 2025. A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT (12:30 p.m. ET) on Wednesday, August 6, 2025. The live broadcast of this conference call will be available online by going to and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LP Delek Logistics is a midstream energy master limited partnership headquartered in Brentwood, Tennessee. Through its owned assets and joint ventures located primarily in and around the Permian Basin, the Delaware Basin and other select areas in the Gulf Coast region, Delek Logistics provides gathering, pipeline, transportation, and other services for its customers in crude oil, intermediates, refined products, natural gas, storage, wholesale marketing, terminalling, water disposal and recycling. Delek US Holdings, Inc. (NYSE: DK) ("Delek US") owns the general partner interest as well as a majority limited partner interest in Delek Logistics and is also a significant customer. Information about Delek Logistics Partners, LP can be found on its website ( investor relations webpage ( and news webpage ( View source version on Contacts Investor Relations Contacts: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Delek US Holdings to Host Second Quarter 2025 Conference Call on August 6th
BRENTWOOD, Tenn., July 18, 2025--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that the Company intends to issue a press release summarizing second quarter 2025 results before the U.S. stock market opens on Wednesday, August 6, 2025. A conference call to discuss these results is scheduled to begin at 10:00 a.m. CT (11:00 a.m. ET) on Wednesday, August 6, 2025. The live broadcast of this conference call will be available online by going to and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, and renewable fuels. The refining assets consist primarily of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day. The logistics operations include Delek Logistics Partners, LP (NYSE: DKL). Delek Logistics Partners, LP is a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets. Delek US Holdings, Inc. and its subsidiaries owned approximately 63.6% (including the general partner interest) of Delek Logistics Partners, LP as of February 18, 2025. Information about Delek US Holdings, Inc. can be found on its website ( investor relations webpage ( and news webpage ( View source version on Contacts Investor Relations Contact:
Yahoo
12-07-2025
- Business
- Yahoo
Delek Logistics Expands Capital Base Strengthening Long Term Dividend Reliability
Delek Logistics Partners, LP (NYSE:DKL) is one of the . The company upsizes a $700 million senior notes offering and receives a new rating from Mizuho Securities the following day. A engineer overseeing a exposed network of pipelines connected to tanks at an oil refinery. Based in Tennessee, Delek Logistics Partners, LP (NYSE:DKL) is a master limited partnership specializing in midstream energy services. The company operates crude oil gathering systems, pipelines, storage terminals, and water disposal facilities across West Texas, the Southeast, and the Gulf Coast. Founded in 2012, it serves both Delek US refineries and third-party customers. On June 25, 2025, the company announced the pricing of an upsized offering of $700 million in senior notes. The notes due in 2033 carried an interest rate of 7.375%. With the offering, the company intended to meet part of the outstanding borrowings under its revolving credit facility. Following this initiation, on June 26, 2025, Mizuho Securities initiated coverage on Delek Logistics Partners, LP (NYSE:DKL), with a Hold rating and a price target of $44.00. On June 30, 2025, the company announced the closing of this upsized offering. The increased liquidity, resulting from the $700 million in senior notes offering, provides potential investment opportunities for Delek Logistics Partners, LP (NYSE:DKL). This new development reinforces the company's capability in meeting its dividend payments, which has 12 years of consecutive growth. Investors interested in purchasing the stock must note that Delek Logistics Partners, LP (NYSE:DKL) has a consensus Buy rating and offers a dividend yield of 10.34%. While we acknowledge the potential of DKL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and 10 Dividend Bargains Trading Below Insiders' Prices Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
30-06-2025
- Business
- Business Wire
Delek Logistics Partners, LP Announces the Closing of Upsized Offering of $700 Million of Senior Notes
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) ('Delek Logistics' or 'DKL') announced today that it has closed its previously announced upsized offering of $700 million in aggregate principal amount of 7.375% senior notes due 2033 (the 'Notes'). 'This successful offering increases DKL's financial liquidity to over one billion dollars. The enhanced liquidity allows DKL to continue to invest in the significant growth opportunities to compliment its top tier location and full suite service strategy in the Permian Basin. We thank our investors for their confidence and look forward to continuing to create value for all of our stakeholders,' said Avigal Soreq, President of Delek Logistics. About Delek Logistics Partners, LP Delek Logistics is a midstream energy master limited partnership headquartered in Brentwood, Tennessee. Through its owned assets and joint ventures located primarily in and around the Permian Basin, the Delaware Basin and other select areas in the Gulf Coast region, Delek Logistics provides gathering, pipeline and other transportation services primarily for crude oil and natural gas customers, storage, wholesale marketing and terminalling services primarily for intermediate and refined product customers, and water disposal and recycling services. Delek US Holdings, Inc. (NYSE: DK) owns the general partner interest as well as a majority limited partner interest in Delek Logistics, and is also a significant customer. Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the impact of the offering on DKL's liquidity and the anticipated uses of such liquidity. These statements may contain words such as 'possible,' 'believe,' 'should,' 'could,' 'would,' 'predict,' 'plan,' 'estimate,' 'intend,' 'may,' 'anticipate,' 'will,' 'if,' 'expect' or similar expressions, as well as statements in the future tense, are made as of the date they were first issued and are based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Delek Logistics' control. Delek Logistics' actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including, but not limited to, market risks and uncertainties and the availability of growth opportunities. These and other potential risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed in Delek Logistics' filings and reports with the U.S. Securities and Exchange Commission ('SEC'), including the Annual Report on Form 10-K for the year ended December 31, 2024, the Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025 and other reports and filings with the SEC. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
