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DKL - Delek: Some Potential But Finances A Real Risk
September, 09 2021 06:50 AM
Delek Logistics Partners L.P. representing Limited Partner Interests
Delek is a major midstream and downstream energy company. The company's gasoline stations and convenience stores have delivered strong growth over the past five years and this trend is likely to continue. The midstream operation has some growth potential due to growing production in the Permian and new pipelines coming online. The company's leverage is a bit high, which could pose a real risk to investors. The company has seen its profits decline despite rising energy prices, adding to the risks inherent in that high leverage. For further details see:
Delek: Some Potential But Finances A Real Risk
Stock Information
Company Name:
Delek Logistics Partners L.P. representing Limited Partner Interests
Stock Symbol:
DKL
Market:
NYSE
Website:
deleklogistics.com
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