Last week, we discussed Delek US Holdings (NYSE: DK), an oil investment company that’s significantly undervalued. Now let’s take a look at the company’s midstream subsidiary, Delek Logistics Partners (NYSE: DKL). As we’ll see throughout this article the company’s midstream subsidiary and and its double-digit yield make the company a valuable addition to your portfolio.
Delek Logistics Partners – InvestorObservors
Delek Logistics Partners Overview
Delek Logistics Partners has an impressive portfolio of assets that it’s focused on utilizing the assets of.
Delek Logistics Partners Overview – Delek Logistics Partners Investor Presentation
Delek Logistics Partners has a share price of $30 / share with distributions of $3.6 / LP annualized, or an 11% current yield. The company is committed to growing distributions by the mid-single digits annualized, which is incredibly respectable for a double-digit yield. The company has had a difficult time recently, but its expecting the outlook to improve going