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Delek Logistics Closes $700 Million Senior Notes Offering

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Delek Logistics Closes $700 Million Senior Notes Offering

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Delek Logistics ( (DKL) ) just unveiled an update.

On June 30, 2025, Delek Logistics Partners, LP announced the closing of its upsized offering of $700 million in senior notes due 2033, enhancing its financial liquidity to over one billion dollars. This increased liquidity will enable the company to invest in growth opportunities, particularly in the Permian Basin, supporting its strategic goals and creating value for stakeholders.

The most recent analyst rating on (DKL) stock is a Hold with a $44.00 price target. To see the full list of analyst forecasts on Delek Logistics stock, see the DKL Stock Forecast page.

Spark’s Take on DKL Stock

According to Spark, TipRanks’ AI Analyst, DKL is a Neutral.

Delek Logistics Partners receives an overall score of 68, reflecting its strong dividend yield and positive earnings guidance. However, financial risks due to high leverage and mixed technical indicators weigh on the stock. Positive corporate events and strategic developments offer potential for future growth.

To see Spark’s full report on DKL stock, click here.

More about Delek Logistics

Delek Logistics Partners, LP is a midstream energy master limited partnership based in Brentwood, Tennessee. The company provides gathering, pipeline, and transportation services for crude oil and natural gas, as well as storage, wholesale marketing, terminalling, water disposal, and recycling services, primarily in the Permian Basin, Delaware Basin, and Gulf Coast region.

Average Trading Volume: 178,666

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.3B

See more insights into DKL stock on TipRanks’ Stock Analysis page.

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