DKL News and Press, Delek Logistics Partners L.P. representing Limited Partner Interests From 06/26/20

The Federal Reserve's financial stress test results increase risk of credit tightening and dividend cuts, and that should make most investors uneasy about buying banks. Fiscal and monetary policy could ease the burden of rising delinquency and default rates resulting from job losses and slower...

On June 6, I warned of growing risk of a 5% pullback because the percentage of stocks trading more than 5% above their 200-day moving average had significantly increased to nearly 40%. A 7% retreat in the SPDR S&P 500 Trust ETF ( SPY ) between June 8 and June 11 has normalized this indic...

Last week, I wrote how risk of a 5% pullback was rising, and this week, uncertainty remains high enough to suggest selling rallies in sectors with demand headwinds so that cash can be used to buy better businesses where demand tailwinds are strongest. My caution stemmed from a surge in our...

DALLAS , June 12, 2020 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing ® 30 MLP Index (the "Index") as part of normal index operations. After the markets close on June 19, 20...

Midstream stocks had an all-time great week of stock performance, with double-digit returns across all three indexes, driven by a double-digit gain in oil prices and another surge in the broad stock market. MLPs were up each of the last four days of the week, with the biggest move on Friday af...

Delek Logistics Partners (DKL) is a more than $700 million midstream company supported by Delek US Holdings (DK). Delek US Holdings is a more than $1.5 billion petroleum refining company. Both companies have an impressive portfolio of assets, and they were punished significantly in the mid-Mar...

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 rea...

After pausing last week, the bounce back for midstream resumed in a big way this week. MLPs and the AMUS put up their biggest week of the year on the back of another big week of oil price gains and strength in the broader stock market. AMNA didn't fare quite as well given underperformance of t...

Looking for survivors in the high-yield midstream space? Unlike many other high-dividend stocks which have cut their dividends, Delek Logistics Partners LP ( DKL ) has continued to increase its payouts in 2020. This week, DKL's parent/general partner DKL Us ( DK ) announced an agreement fo...

COVID-19 challenges result in numerous sequential dividend cuts for midstream. The pie charts below show the quarter-over-quarter (Q/Q) changes to distributions/dividends for the constituents of the Alerian MLP Index (AMZ), Alerian MLP Infrastructure Index (AMZI), and Alerian Midstrea...