How to Buy Delek Logistics Partners Stock
Delek Logistics Partners LP
Delek Logistics Partners is a oil & gas refining & marketing company located in Tennessee, United States, which is part of the Energy sector, and is traded under the ticker DKL on the NYSE exchange.
Delek Logistics Partners stock last closed at $39.75, up 0.66% from the previous day, and has decreased 15.62% in one year. It has underperformed other stocks in the Oil & Gas Refining & Marketing industry by 0.34 percentage points. Delek Logistics Partners stock is currently +8.9% from its 52-week low of $36.50, and -32.41% from its 52-week high of $58.81.
At the moment, there are 43.62M DKL shares outstanding. The market capitalization of DKL is $1.73B. In the last 24 hours, 117,040 DKL shares were traded.
How to Buy Delek Logistics Partners Stock
Not sure how to invest in Delek Logistics Partners stock? Here's how.
- Figure out where to buy Delek Logistics Partners stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Delek Logistics Partners stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your payment method and add your information.
- Analyze Delek Logistics Partners stock: The Delek Logistics Partners ticker symbol is DKL. Is Delek Logistics Partners stock a good investment? Should you buy shares of DKL? How do DKL's underlying business fundamentals look? Do top analysts think Delek Logistics Partners is a good buy? Why has DKL's stock price moved recently? (Hint: Our stock research website can help you evaluate if DKL is a good stock to buy).
- Execute your DKL trade: Decide if you will purchase DKL shares at the current market price or use a limit order to purchase DKL shares at a given price.
- Get updates on your DKL investment: Create a watchlist to monitor your new investment in Delek Logistics Partners shares.
Step 1: Figure out where to buy Delek Logistics Partners stock
You need an online brokerage account to access the NYSE market and buy DKL stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal information so you are able to buy DKL today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create your new brokerage account.
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Step 3: Deposit money your investment account
Now that you've created your account on the stock trading app, you need to deposit funds:
Watch this video walkthrough to see the process of transferring funds into your new brokerage account.
Step 4: Analyze Delek Logistics Partners stock
Once you have chosen the best place to buy Delek Logistics Partners stock, it's crucial to analyze their stock before you invest, so you actually comprehend the risk as well as the opportunity.
Delek Logistics Partners stock at a glance
Delek Logistics Partners Zen Score
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on DKL's stock page.
Is DKL stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge DKL's fair value.
Using relative valuations methods:
- DKL could be overvalued based on its P/E ratio of 13.71x, relative to Oil & Gas Refining & Marketing industry P/E ratio of 9.4x
- DKL could be overvalued based on its PEG ratio of 10.33x
You can do more valuation analysis on DKL's stock here.
A look at DKL Cashflows and Balance Sheet
Cons:
- Total DKL debt is still negative.
- DKL profit margin has gone down from 15.3% to 12.4% in the past year.
- There are more short-term liabilities than short-term assets on the DKL balance sheet.
- DKL's operating cash flow of $225.32M allows it to safely service it's debt of $1.72B.
- DKL debt to equity ratio of -11.15 is negative.
- There are more long-term liabilities than short-term assets on the DKL balance sheet.
- DKL earnings of $270.69M is not sufficient to cover its interest payments.
Is DKL stock a Buy, Hold, or Sell, according to analysts?
Out of 2 Equities analysts who give ratings on DKL, the consensus analyst rating on DKL is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Delek Logistics Partners stock forecast page.
DKL Technical Indicators
How are DKL Revenues/Earnings doing?
Last year, DKL earnings were $126.24M. In the last 5 year, DKL's earnings have gone up by 1.82% per year. This was slower than the Oil & Gas Refining & Marketing industry average of 18.35%.
Last year, DKL revenue was $1.02B. In the last five year, DKL's revenue has gone up by 9.18% per year. This was faster than the Oil & Gas Refining & Marketing industry average of 6.36%.
Dive into DKL's earnings and revenue performance here.
Are DKL insiders buying or selling the stock?
Over the past year, executives and large shareholders at DKL have sold more shares than they have bought.
Joseph Israel, EVP Operations of DKL, was the latest DKL insider to sell. They sold $4,964.43 worth of DKL stock on Mar 11, 2024.
Dig into more about who owns DKL stock here.
Does DKL provide a stable income stream?
Delek Logistics Partners pays a dividend of 10.47%, compared to the Oil & Gas Refining & Marketing industry's average dividend yield of 6.51%. If you owned $1,000 worth of DKL stock, you would have been paid $104.65 in the past 12 months.
Delek Logistics Partners dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Delek Logistics Partners dividend yield and history here.
Get analysis from other traders
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Step 5: Execute your DKL trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Click the Open button and eToro will place the order.
If you require more help with buying stocks on eToro, click the helpful video below:
Step 6: Get updates on your DKL investment
Now that you own some DKL shares, you'll want to keep up with your new investment.
Create a watchlist to see the latest developments about your DKL stock.
DKL Feed
How to Buy Stock in Delek Logistics Partners
To reiterate, here are the 6 steps you need to take to buy Delek Logistics Partners stock right now:
- Figure out where to buy Delek Logistics Partners stock
- Sign up for a brokerage account
- Deposit money your investment account
- Analyze Delek Logistics Partners stock
- Execute your DKL trade
- Get updates on your DKL investment
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Delek Logistics Partners, click the button below.
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