Delek Logistics Partners, L.P. (NYSE:DKL) is set to announce second quarter earning results on Tuesday 4th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, DKL to report 2Q20 income of $ 0.82 per share.
For the full year, analysts anticipate top line of $ 680.86 million, while looking forward to income of $ 3.60 per share bottom line.
Previous Quarter Performance
Delek Logistics Partners, L.P. revealed income for the first quarter of $ 0.76 per share, from the revenue of $ 163.40 million. The quarterly earnings increased 49.02 percent while revenues declined 3.14 percent compared with the same quarter last year.
Street analysts expected Delek Logistics Partners, L.P. to report income of $ 0.69 per share on revenue of $ 136.29 million for the first quarter. The bottom line results beat street analysts by $ 0.07 or 10.14 percent, at the same time, top line results outshined analysts by $ 27.11 million or 19.89 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of DKL was $ 30.60, representing a 455.35 % increase from the 52 week low of $ 5.51 and a 8.47 % decrease over the 52 week high of $ 33.43.
The company has a market capital of $ 900.42 million and is part of the Energy sector and Oil & Gas Midstream industry.
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Delek Logistics Partners, LP owns and operates logistics and marketing assets for crude oil, and intermediate and refined products in the United States. It operates in two segments, Pipelines and Transportation, and Wholesale Marketing and Terminalling. The Pipelines and Transportation segment consists of assets, including pipelines and trucks, and ancillary assets that provide crude oil gathering and crude oil, intermediate and finished products transportation, and storage services primarily in support of the Tyler and El Dorado refineries, as well as offers crude oil and other products transportation services to third parties.
