Insider Trading Watch List: Delek Logistics Partners, L.P. $DKL

803b71dd780aebe8ff2ab2b995f06d41

Delek Logistics Partners, L.P. (NYSE:DKL) insider have most recently took part in a trading activity. On Sep 15, 2017 Yemin Ezra Uzi, Chairman / CEO bought 7,000 shares having total worth of $207,900 at the price of $29.7 per share, following the transaction a total of 224,418 shares owned by Yemin Ezra Uzi. Before this latest buy, Yemin Ezra Uzi purchased DKL at 1 other times during the past twelve months, for a total investment of $101,500 at an average of $29 per share.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 40 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 39 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 0 1.44%
12 Month 39 1 15.03%

Shares of Delek Logistics Partners, L.P. (NYSE:DKL) traded up 1.33% on Sep 15, 2017, hitting $30.4. 26,291 shares of the company’s stock traded hands. Delek Logistics Partners, L.P. has a 52 week low of $20.25 and a 52 week high of $34.57. The company’s market cap is $665 million.

Delek Logistics Partners, L.P. (NYSE:DKL) last announced its earnings results on Aug 2, 2017. The company reported 0.59 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.69 by $0.1. The company had revenue of $127 million for the quarter, compared to the consensus estimate of $142 million. During the same quarter in the previous year, the company posted 0.66 earnings per share. The company’s revenue for the quarter was up 13% on a year-over-year basis.

2017-08-02 2017-05-08 2017-02-27 2016-10-31 2016-08-03 2016-05-05 2016-02-25 2015-11-03 2015-08-03 2015-05-05
earnings per share 0.59 0.43 0.47 0.41 0.66 0.54 0.55 0.70 0.70 0.56
Revenue(M) 126.77 129.47 124.68 107.47 111.85 104.06 108.93 165.09 172.13 143.51

Delek Logistics Partners, LP is a Delaware Corporation. It is a limited partnership recently formed by Delek to own, operate, acquire and construct crude oil and refined products logistics and marketing assets. A substantial majority of its existing assets are integral to the success of Delek’s refining and marketing operations. The Company gathers, transports and stores crude oil and market, distribute, transport and store refined products in select regions of the southeastern United States and west Texas for Delek and third parties, primarily in support of Delek’s refineries in Tyler, Texas and El Dorado, Arkansas. The Company generates revenue by charging fees for gathering, transporting and storing crude oil and for marketing, distributing, transporting and storing refined products. The Company intends to expand its business by acquiring logistics and marketing assets from Delek and third parties and through organic growth, including entering into fuel supply and marketing agreements, constructing new assets and increasing the utilization of its existing assets. Delek formed us to be the primary vehicle to grow its logistics and marketing operations in order to maximize the integrated value of its assets. The Company operates in two business segments: its Pipelines and Transportation segment and its Wholesale Marketing and Terminalling segment. The Company’s Pipelines and Transportation segment consists of approximately 400 miles of crude oil transportation pipelines, 16 miles of refined product pipelines, an approximately 600-mile crude oil gathering system and associated crude oil storage tanks with an aggregate of approximately 1.4 million barrels of active shell capacity. These assets are primarily divided into four operating systems: Lion Pipeline System, which transports crude oil to, and refined products from, Delek’s 80,000 barrels per day, or bpd, El Dorado, Arkansas refinery, or the El Dorado refinery; SALA Gathering System, which gathers and transports crude oil production in southern Arkansas and northern Louisiana, primarily for the El Dorado refinery; Paline Pipeline System, which will transport crude oil from Longview, Texas to the Chevron-operated Beaumont terminal in Nederland, Texas; and East Texas Crude Logistics System, which currently transports substantially all of the crude oil delivered to Delek’s 60,000 bpd Tyler, Texas refinery, or the Tyler refinery. In its Wholesale Marketing and Terminalling segment, it provides marketing services for 100% of the refined products output of the Tyler refinery, other than jet fuel and petroleum coke, and own and operate five light product terminals. Two of these terminals, located in Big Sandy, Texas and Memphis, Tennessee, support the Tyler and El Dorado refineries, respectively. The Company’s west Texas marketing business markets light products that it purchase from Noble Petro, Inc., or Noble Petro, using its terminals in Abilene and San Angelo, Texas. The Compan

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.