Delek Logistics Upsizes $700M Senior Notes Offering

Delek Logistics ( (DKL) ) has issued an update.

On June 25, 2025, Delek Logistics Partners, LP announced the pricing of an upsized offering of $700 million in senior notes due 2033, with a 7.375% interest rate. The offering, expected to close on June 30, 2025, aims to repay a portion of the outstanding borrowings under its revolving credit facility, potentially impacting the company’s financial structure and market positioning.

The most recent analyst rating on (DKL) stock is a Buy with a $45.00 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 is a midstream energy master limited partnership based in Brentwood, Tennessee. It provides gathering, pipeline, and other transportation services primarily for crude oil and natural gas customers, as well as storage, wholesale marketing, and terminalling services for intermediate and refined product customers. The company operates mainly in the Permian Basin, the Delaware Basin, and other select areas in the Gulf Coast region. Delek US Holdings, Inc. owns the general partner interest and a majority limited partner interest in Delek Logistics.

Average Trading Volume: 180,787

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.26B

For an in-depth examination of DKL stock, go to TipRanks’ Overview page.