Delek Competitors
| DKL Stock | USD 53.76 0.70 1.29% |
Delek Logistics vs Patterson UTI Correlation
Almost no diversification
The correlation between Delek Logistics Partners and PTEN is 0.93 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Delek Logistics Partners and PTEN in the same portfolio, assuming nothing else is changed.
Moving together with Delek Stock
| 0.89 | AM | Antero Midstream Partners | PairCorr |
| 0.95 | EE | Excelerate Energy | PairCorr |
| 0.94 | ET | Energy Transfer LP Aggressive Push | PairCorr |
| 0.79 | TK | Teekay | PairCorr |
Delek Logistics Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Delek Logistics and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Delek and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Delek Logistics Partners does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Delek Stock performing well and Delek Logistics Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Delek Logistics' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DK | 2.23 | (0.21) | 0.00 | (0.38) | 0.00 | 4.68 | 11.19 | |||
| INSW | 1.56 | 0.38 | 0.21 | (11.09) | 1.34 | 3.68 | 15.04 | |||
| KNTK | 1.68 | 0.47 | 0.19 | 0.63 | 1.67 | 3.90 | 9.75 | |||
| TRMD | 1.51 | 0.29 | 0.17 | 0.98 | 1.23 | 3.68 | 10.37 | |||
| DHT | 1.47 | 0.39 | 0.19 | (1.52) | 1.27 | 3.26 | 12.34 | |||
| OII | 2.38 | 0.63 | 0.27 | 0.48 | 1.95 | 6.46 | 14.11 | |||
| TNK | 1.51 | 0.29 | 0.12 | (2.98) | 1.59 | 3.49 | 12.96 | |||
| TDW | 2.27 | 0.33 | 0.12 | 0.26 | 2.70 | 4.72 | 15.89 | |||
| GEL | 1.54 | 0.17 | 0.08 | 0.41 | 1.60 | 3.76 | 8.30 | |||
| PTEN | 2.10 | 0.55 | 0.22 | 0.54 | 2.06 | 5.89 | 11.37 |
Cross Equities Net Income Analysis
Compare Delek Logistics Partners and related stocks such as Delek Energy, International Seaways, and Kinetik Holdings Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DK | (500 K) | 158.3 M | 272.8 M | 117.7 M | 198.6 M | 19.4 M | (153.7 M) | 288.8 M | 345.6 M | 310.6 M | (611.4 M) | (128.3 M) | 257.1 M | 19.8 M | (560.4 M) | (504.4 M) | (479.1 M) |
| INSW | (723.8 M) | (723.8 M) | (723.8 M) | (723.8 M) | (119.1 M) | 173.2 M | (18.2 M) | (106.1 M) | (88.9 M) | (830 K) | (5.5 M) | (133.5 M) | 387.9 M | 556.4 M | 416.7 M | 479.2 M | 503.2 M |
| KNTK | (2.4 K) | (2.4 K) | (2.4 K) | (2.4 K) | (2.4 K) | (2.4 K) | (2.4 K) | (733.3 K) | (109 M) | (144.4 M) | (1.2 B) | 1.5 M | 135.5 M | 386.5 M | 244.2 M | 280.9 M | 294.9 M |
| TRMD | 30.7 M | (453 M) | (580.6 M) | (162.2 M) | (284.2 M) | 126 M | (142.5 M) | 2.4 M | (34.8 M) | 166 M | 88.1 M | (42.1 M) | 562.8 M | 648.3 M | 612.5 M | 704.4 M | 739.6 M |
| DHT | 6.1 M | (40.3 M) | (94.1 M) | (4.1 M) | 12.9 M | 105.3 M | 9.3 M | 6.6 M | (46.9 M) | 73.7 M | 266.3 M | (11.5 M) | 61.5 M | 161.4 M | 181.4 M | 211.1 M | 221.6 M |
| OII | (11.2 M) | 235.7 M | 289 M | 371.5 M | 428.3 M | 231 M | 24.6 M | 166.4 M | (212.3 M) | (348.4 M) | (496.8 M) | (49.3 M) | 25.9 M | 97.4 M | 147.5 M | 353.8 M | 371.4 M |
| TNK | 43.9 M | (113.1 M) | (370.2 M) | (8.1 M) | 57.1 M | 179.6 M | 62.9 M | (58 M) | (52.5 M) | 41.4 M | 87.3 M | (242.4 M) | 235.4 M | 519.9 M | 403.7 M | 464.2 M | 487.4 M |
| TDW | 24.2 M | 87.4 M | 150.8 M | 140.3 M | (65.2 M) | (160.2 M) | (660.1 M) | (2.2 B) | (171.5 M) | (141.7 M) | (196.2 M) | (129 M) | (21.7 M) | 97.2 M | 180.7 M | 162.6 M | 170.7 M |
| GEL | 1.3 M | 51.2 M | 96.3 M | 86.1 M | 106.2 M | 422.5 M | 113.2 M | 82.6 M | (6.1 M) | 96 M | (416.7 M) | (165.1 M) | 75.5 M | 117.7 M | (63.9 M) | (8.2 M) | (7.8 M) |
| PTEN | 100 K | 322.4 M | 299.5 M | 188 M | 162.7 M | (294.5 M) | (318.6 M) | 5.9 M | (321.4 M) | (425.7 M) | (803.7 M) | (654.5 M) | 154.7 M | 246.3 M | (968 M) | (93.6 M) | (89 M) |
Delek Logistics Partners and related stocks such as Delek Energy, International Seaways, and Kinetik Holdings Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Delek Logistics Partners financial statement analysis. It represents the amount of money remaining after all of Delek Logistics Partners operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Delek Logistics Competitive Analysis
The better you understand Delek Logistics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Delek Logistics' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Delek Logistics' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Delek Logistics Competition Performance Charts
Five steps to successful analysis of Delek Logistics Competition
Delek Logistics' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Delek Logistics Partners in relation to its competition. Delek Logistics' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Delek Logistics in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Delek Logistics' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Delek Logistics Partners, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Delek Logistics Correlation with its peers. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Delek Logistics. Projected growth potential of Delek fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Delek Logistics assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 0.197 | Dividend Share 4.45 | Earnings Share 3.08 | Revenue Per Share | Quarterly Revenue Growth 0.221 |
Investors evaluate Delek Logistics Partners using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Delek Logistics' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Delek Logistics' market price to deviate significantly from intrinsic value.
It's important to distinguish between Delek Logistics' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Delek Logistics should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Delek Logistics' market price signifies the transaction level at which participants voluntarily complete trades.