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home / news releases / PBFX - Weighing The Risks And Rewards For Delek Logistics Partners


PBFX - Weighing The Risks And Rewards For Delek Logistics Partners

Refining logistics MLP Delek Logistics Partners (DKL) showed investors how to reinforce a distribution when it announced its latest quarterly distribution last month. While the headline increase of 0.6% was marginal as far as distribution increases go, it was the lack of a cut that really mattered. The MLP's unit price had fallen by more than 75% between January 1 and late March (see figure) as the ongoing COVID-19 pandemic and related lockdown orders caused severe demand disruption for refined fuels in the U.S. Moreover, the cratering price of WTI crude prompted concerns

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Stock Information

Company Name: PBF Logistics LP representing limited partner interests
Stock Symbol: PBFX
Market: NYSE
Website: pbflogistics.com

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