DKL News and Press, Delek Logistics Partners L.P. representing Limited Partner Interests From 07/21/23

2023-07-21 20:15:22 ET The Biden administration moved this week to hike royalties and other fees for companies drilling for oil and gas on public lands. A rule proposed by the U.S. Interior Department would hike the minimum royalty rate for federal drilling rights by more than a third...

Delek Logistics Partners, LP to Host Second Quarter 2023 Conference Call on August 7th PR Newswire BRENTWOOD, Tenn. , July 11, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue ...

2023-06-28 12:25:20 ET Delek Logistics Partners ( NYSE: DKL ) -1.9% in Wednesday's trading as Citi downgraded to Sell from Neutral with a $47 price target, citing valuation after the stock's 30%-plus rise from recent lows, and saying the company has above-average leverage and li...

Decklar Resources Inc. (“Decklar”) and its co-venturer Millenium Oil & Gas Company Limited (“Millenium”) have continued trucking of crude oil from the Oza Oil Field to the Edo Refinery and Petrochemicals Company Limited (“ERPC”) and total deliveries h...

2023-06-22 15:33:37 ET The U.S. oil and gas pipeline and infrastructure sector has "entered a new period of elevated capital returns," according to Citi analyst Spiro Dounis, who sees sector free cash flow rising in the coming years as debt levels have dropped sharply. Dounis expec...

2023-05-26 18:50:12 ET Gasoline at the pump this Memorial Day weekend will cost U.S. consumers ~$1.00 per gallon less than at the same time last year, driven by weak demand for fuel and low oil prices. Nationally, a gallon of gas averaged $3.57 on Friday , down from $4.59 a year ago...

2023-05-21 11:27:00 ET Energy midstream companies have fallen out of favor with investors over the years. Many investors are concerned that demand for fossil fuels will go extinct as the world transitions to cleaner alternatives. That would dry up the cash flows midstream companies produc...

2023-05-19 19:50:41 ET Crude oil posted its first weekly gain since early April, tracking broader market sentiment that supported risk assets on the rising belief that the U.S. will avoid a default, although prices slipped on Friday as debt-ceiling talks paused unexpectedly. But oil's u...

2023-05-17 08:00:00 ET Summary On a year-over-year basis, over 90% of the broad Alerian Midstream Energy Index (AMNA) by weighting has grown their dividends. No AMNA constituent has cut its dividend for seven straight quarters. Dividend growth complements the already compelling yi...

2023-05-09 14:11:53 ET Summary Delek US Holdings, Inc. reported very strong Q1 earnings results, driven by large crack spreads that caused significant cash flows. The demand for refined products is showing weakness and crack spreads are currently predicted to decline over the rema...