Delek Logistics Partners (NYSE:DKL) Shares Gap Down – Here’s Why

Posted by Stanley Muller on Aug 13th, 2026

Shares of Delek Logistics Partners, L.P. (NYSE:DKL – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $60.00, but opened at $51.00. Delek Logistics Partners shares last traded at $51.5610, with a volume of 407,836 shares changing hands.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Raymond James Financial restated an “outperform” rating and issued a $60.00 price objective on shares of Delek Logistics Partners in a report on Thursday, April 30th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Delek Logistics Partners in a research report on Friday, August 7th. UBS Group initiated coverage on shares of Delek Logistics Partners in a report on Thursday, July 16th. They issued a “neutral” rating and a $56.00 price target for the company. Zacks Research upgraded shares of Delek Logistics Partners from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. Finally, Mizuho lifted their price objective on shares of Delek Logistics Partners from $45.00 to $52.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $55.40.

Get Our Latest Research Report on DKL

Delek Logistics Partners Stock Performance

The firm’s fifty day simple moving average is $54.24 and its 200 day simple moving average is $52.60. The company has a debt-to-equity ratio of 386.77, a current ratio of 0.96 and a quick ratio of 0.91. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of 18.20, a PEG ratio of 0.67 and a beta of 0.46.

Delek Logistics Partners (NYSE:DKL – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The oil and gas producer reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.39). Delek Logistics Partners had a negative return on equity of 935.80% and a net margin of 12.85%.The firm had revenue of $384.76 million during the quarter, compared to analyst estimates of $293.64 million. On average, sell-side analysts forecast that Delek Logistics Partners, L.P. will post 3.94 EPS for the current year.

Delek Logistics Partners Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Monday, August 3rd were issued a dividend of $1.135 per share. This is a positive change from Delek Logistics Partners’s previous quarterly dividend of $1.13. This represents a $4.54 dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date was Monday, August 3rd. Delek Logistics Partners’s dividend payout ratio is presently 158.19%.

Institutional Investors Weigh In On Delek Logistics Partners

A number of institutional investors have recently bought and sold shares of DKL. GSA Capital Partners LLP purchased a new stake in Delek Logistics Partners in the 4th quarter worth approximately $1,054,000. PFG Investments LLC increased its stake in shares of Delek Logistics Partners by 50.9% in the fourth quarter. PFG Investments LLC now owns 33,650 shares of the oil and gas producer’s stock worth $1,501,000 after acquiring an additional 11,350 shares during the last quarter. Alps Advisors Inc. raised its holdings in shares of Delek Logistics Partners by 3.8% during the fourth quarter. Alps Advisors Inc. now owns 4,489,123 shares of the oil and gas producer’s stock worth $200,305,000 after acquiring an additional 165,741 shares in the last quarter. Infrastructure Capital Advisors LLC raised its holdings in shares of Delek Logistics Partners by 2.4% during the first quarter. Infrastructure Capital Advisors LLC now owns 156,476 shares of the oil and gas producer’s stock worth $7,786,000 after acquiring an additional 3,596 shares in the last quarter. Finally, Gateway Wealth Partners LLC acquired a new stake in Delek Logistics Partners during the first quarter valued at $222,000. 11.75% of the stock is currently owned by institutional investors and hedge funds.

About Delek Logistics Partners

(Get Free Report)

Delek Logistics Partners L.P. (NYSE: DKL) is a master limited partnership formed in 2011 through contributions of pipeline, terminal and crude oil gathering assets by its sponsor, Delek US Holdings, Inc Headquartered in Brentwood, Tennessee, the partnership is managed by Delek Logistics GP, LLC, an affiliate of Delek US. Delek Logistics Partners owns and operates an integrated network of petroleum pipelines and terminals that support the movement, storage and throughput of crude oil and refined products.

The partnership’s core operations include crude oil gathering and processing systems, long-haul pipeline transportation and storage terminal services.