Hopefully the dividend will at least double to 4% and compete with 10yr treasury bonds,
Appreciation has been very good since they acquired ALJ. The refineries, some idle in California were step 1. They implied they would consolidate and we longs at ALDW thought it likely DKL would gain some of ALDW assets, but there was no timetable. Some of us took half our positions in ALDW and came aboard here and with DKL when acquisition of the 18% of ALDW common units they didn't already own was announced. It makes sense to drop down the retail assets to DKL and combine all the refining in DK, if that is how they handle the ALDW swallowing.
Big Spring refinery, as you know sits in the geographic heart of the Permian boom land.
DKL trading volume should also rise with larger assets including the huge 300 retail 7-11 segment.
"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-
Recent DK News
- Delek US Holdings, Inc. Announces Closing of Sale of Retail Assets to FEMSA • Business Wire • 10/01/2024 11:00:00 PM
- Delek US Holdings to Host Third Quarter 2024 Conference Call on November 6th • Business Wire • 09/18/2024 10:52:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 12:02:05 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 12:42:25 PM
- Delek US Holdings Approves a $400 Million Increase in Its Share Repurchase Authorization • Business Wire • 09/03/2024 11:00:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/07/2024 07:18:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 11:19:01 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 11:06:35 AM
- Delek US Holdings Reports Second Quarter 2024 Results • Business Wire • 08/06/2024 11:00:00 AM
- FEMSA to enter the Convenience Store Industry in the United States • GlobeNewswire Inc. • 08/01/2024 12:40:05 PM
- Definitive Agreement Signed for FEMSA’s Acquisition of Retail Assets from Delek US • Business Wire • 08/01/2024 12:30:00 PM
- Delek US Holdings Increases Regular Quarterly Dividend • Business Wire • 07/31/2024 10:59:00 PM
- Delek US Holdings to Host Second Quarter 2024 Conference Call on August 6th • Business Wire • 07/03/2024 05:19:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 12:06:39 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 12:05:24 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 12:05:02 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/12/2024 01:08:59 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/10/2024 04:03:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/04/2024 02:43:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 04:27:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 02:00:32 PM
- Delek US Holdings Reports First Quarter 2024 Results • Business Wire • 05/07/2024 11:00:00 AM
- Delek US Holdings Increases Regular Quarterly Dividend • Business Wire • 05/02/2024 09:10:00 PM
- Delek US Holdings to Host First Quarter 2024 Conference Call on May 7th • Business Wire • 04/05/2024 08:13:00 PM
- Delek Logistics Partners, LP Announces Closing of Public Offering of Common Units and Full Exercise of Underwriters' Option to Purchase Additional Units • PR Newswire (US) • 03/12/2024 09:12:00 PM
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Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM
Unitronix Corp Unveils Cryptocurrency Investment Portfolio Strategy • UTRX • Oct 2, 2024 8:40 AM