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Delek Logistics Reports Record Fourth Quarter 2024 Results

1. DKL reported strong Q4 2024 earnings with consistent growth performance. 2. Expansion in Permian, Midland, and Delaware basins drives yield and growth.

Earnings
+4.79%Current Return
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-0.46%S&P 500
$40.0202/25 07:11 AM EDTEvent Start
$41.93502/26 01:34 PM EDTLatest Updated
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FAQ

Why Bullish?

The report underlines robust Q4 earnings with a 48th consecutive performance improvement, reinforcing investor confidence. Historically, similar consistent earnings and yield growth in midstream companies have resulted in positive price reactions.

How important is it?

While the earnings report is fundamentally positive and suggests a strong outlook, such announcements are common and already priced in a significant way by the market.

Why Long Term?

The strategic positioning in high-growth regions like the Permian and Delaware basins is likely to support long-term performance, as seen in comparable midstream providers.

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MPLXKMI
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the fourth quarter 2024. “Delek Logistics made great strides in 2024 in becoming a premier midstream provider in the Permian basin. It provides the best combination of yield and growth in the midstream sector with a long runway of growth driven by its advantageous position in the Midland and Delaware basins. We are proud of the 48th consecutive increase in ou.

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