Delek US Announces Agreement to Dropdown Logistic Assets to Delek Logistics
Delek US Holdings, Inc. (DK)
Last delek us holdings, inc. earnings: 2/25 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
delekus.gcs-web.com/investor-overview
Company Research
Source: GlobeNewswire
BRENTWOOD, Tenn., March 31, 2020 (GLOBE NEWSWIRE) -- Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) and Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today announced an agreement for the dropdown of the Big Spring gathering system to Delek Logistics for total consideration of $100 million in cash and 5.0 million common units representing limited partnership interest in Delek Logistics. The transaction is effective March 31, 2020, and is expected to be immediately accretive to Delek Logistics' distributable cash flow per unit. These assets and services are projected to generate incremental annual earnings before interest, taxes, depreciation and amortization (EBITDA) of approximately $30 to $32 million. Delek Logistics will finance the cash component of this dropdown through a combination of cash on hand and borrowings on the revolving credit facility. "This adds the next step in growth for Delek Logistics,” said Uzi Yemin, Chairman, President and Chief Executive Of
Show less
Read more
Impact Snapshot
Event Time:
DK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DK alerts
High impacting Delek US Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
DK
News
- Delek US Holdings, Inc. (NYSE:DK) Just Released Its Third-Quarter Earnings: Here's What Analysts Think [Yahoo! Finance]Yahoo! Finance
- Only Four Days Left To Cash In On Delek US Holdings' (NYSE:DK) Dividend [Yahoo! Finance]Yahoo! Finance
- Delek US Holdings Inc (DK) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
- Delek US Holdings Reports Third Quarter 2024 ResultsBusiness Wire
- What To Expect From Delek US Holdings Inc (DK) Q3 2024 Earnings [Yahoo! Finance]Yahoo! Finance
DK
Earnings
- 11/6/24 - Miss
DK
Sec Filings
- 11/14/24 - Form 4
- 11/7/24 - Form 10-Q
- 11/7/24 - Form SCHEDULE
- DK's page on the SEC website