Delek Logistics Partners (DKL) Expected to Announce Earnings on Wednesday

Delek Logistics Partners (NYSE:DKL) will likely be releasing its Q1 2025 earnings data before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.79 per share and revenue of $237.17 million for the quarter.

Delek Logistics Partners (NYSE:DKL) last released its earnings results on Tuesday, February 25th. The oil and gas producer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $209.86 million during the quarter, compared to the consensus estimate of $240.05 million. Delek Logistics Partners had a negative return on equity of 155.77% and a net margin of 13.15%. On average, analysts expect Delek Logistics Partners to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Delek Logistics Partners Price Performance

DKL opened at $40.10 on Wednesday. The firm has a market cap of $2.15 billion, a PE ratio of 14.22, a P/E/G ratio of 1.28 and a beta of 1.62. Delek Logistics Partners has a 1 year low of $34.59 and a 1 year high of $45.71. The stock has a 50-day moving average price of $40.39 and a 200-day moving average price of $40.65.

Delek Logistics Partners Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 8th will be issued a $1.11 dividend. This is a positive change from Delek Logistics Partners’s previous quarterly dividend of $1.11. This represents a $4.44 dividend on an annualized basis and a yield of 11.07%. The ex-dividend date is Thursday, May 8th. Delek Logistics Partners’s payout ratio is presently 147.83%.

Wall Street Analysts Forecast Growth

Separately, Raymond James lifted their price objective on Delek Logistics Partners from $44.00 to $46.00 and gave the stock an “outperform” rating in a report on Tuesday, January 28th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Delek Logistics Partners presently has a consensus rating of “Hold” and a consensus price target of $44.25.

About Delek Logistics Partners

Delek Logistics Partners, LP provides gathering, pipeline, transportation, and other services for crude oil, intermediates, refined products, natural gas, storage, wholesale marketing, terminalling water disposal and recycling customers in the United States. The Gathering and Processing segment consists of pipelines, tanks, and offloading facilities that provide crude oil and natural gas gathering and processing, water disposal and recycling, and storage services, as well as crude oil transportation services to third parties.