Delek Logistics Partners (NYSE:DKL – Get Free Report) is anticipated to release its Q3 2026 results before the market opens on Friday, November 6th. Analysts expect Delek Logistics Partners to post earnings of $0.9720 per share and revenue of $355.44 million for the quarter. Investors may visit the company’s upcoming Q3 2026 earnings report 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 results on Wednesday, August 5th. The oil and gas producer reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.39). The business had revenue of $384.76 million for the quarter, compared to analysts’ expectations of $293.64 million. Delek Logistics Partners had a negative return on equity of 935.80% and a net margin of 12.85%. 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 2.8%
Shares of NYSE:DKL opened at $52.27 on Thursday. The business has a 50-day moving average price of $55.75 and a 200 day moving average price of $53.37. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 18.21 and a beta of 0.43. 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 business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Tuesday, November 3rd will be issued a $1.14 dividend. The ex-dividend date is Tuesday, November 3rd. This represents a $4.56 annualized dividend and a dividend yield of 8.7%. This is an increase from Delek Logistics Partners’s previous quarterly dividend of $1.1350. Delek Logistics Partners’s dividend payout ratio (DPR) is currently 158.89%.
Wall Street Analyst Weigh In
A number of research analysts have commented on the company. UBS Group upped their price target on Delek Logistics Partners from $55.00 to $57.00 and gave the stock a “neutral” rating in a research note on Monday, September 21st. Weiss Ratings upgraded shares of Delek Logistics Partners from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 2nd. Finally, Zacks Research cut Delek Logistics Partners from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 22nd. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $55.60.
Check Out Our Latest Research Report on DKL
Insiders Place Their Bets
In other news, EVP Robert G. Wright purchased 1,500 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was purchased at an average cost of $50.00 per share, with a total value of $75,000.00. Following the completion of the acquisition, the executive vice president directly owned 7,994 shares of the company’s stock, valued at approximately $399,700. This trade represents a 23.10% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Reuven Spiegel bought 1,000 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were acquired at an average cost of $50.00 per share, with a total value of $50,000.00. Following the completion of the purchase, the executive vice president owned 29,549 shares in the company, valued at approximately $1,477,450. This represents a 3.50% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have acquired 15,000 shares of company stock valued at $750,000. 1.00% of the stock is owned by company insiders.
About Delek Logistics Partners
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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