Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Delek Logistics ( (DKL) ) has shared an update.
On May 14, 2026, Delek Logistics Partners and its financing subsidiary issued $800 million of 6.875% senior unsecured notes due June 1, 2034, under a new indenture with Regions Bank as trustee, with the notes guaranteed on a senior unsecured basis by certain existing and future subsidiaries and carrying detailed redemption, change-of-control and covenant provisions that shape the partnership’s future leverage and financial flexibility. The same week, the partnership also reported that it had accepted for payment $270.7 million in aggregate principal of its 7.125% senior notes due 2028 tendered in a cash offer, signaling an active liability management strategy by extending its debt maturity profile and potentially lowering future refinancing risk for noteholders and other stakeholders.
The most recent analyst rating on (DKL) stock is a Buy with a $60.00 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.
The score is held back mainly by balance-sheet risk (thin/negative equity and elevated leverage) and uneven free-cash-flow conversion, despite strong operating margins and improved TTM growth. Technicals are supportive with an uptrend and neutral momentum, while valuation benefits from a high dividend yield but is tempered by a mid-range P/E. Guidance was reaffirmed and liquidity initiatives are positive, but leverage and execution ramps remain key watch items.
To see Spark’s full report on DKL stock, click here.
More about Delek Logistics
Delek Logistics Partners, LP is a Delaware master limited partnership that operates in the midstream energy sector, with activities focused on owning, operating and acquiring logistics and marketing assets, including pipelines and related infrastructure that support crude oil and refined products markets. Its financing activities often involve issuing senior unsecured notes guaranteed by key operating subsidiaries to fund operations and manage its capital structure.
Average Trading Volume: 63,916
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.75B
See more insights into DKL stock on TipRanks’ Stock Analysis page.