- DKL is the drop-down midstream partnership for Delek US Holdings, giving it the advantage of a larger company to serve as a regular customer.
- The company is well positioned in the Permian, which could provide it with some forward growth prospects as the global demand for oil and gas increases.
- This would be a continuation of the company's steady growth over time, including in 2020.
- The firm's debt load appears to be at reasonable level and the company actually improved it over the past year.
- The 8.74% yield appears to be sustainable.
For further details see:
Delek Logistics Partners: A Solid 8%+ Yielder With Growth Prospects