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Delek Logistics (DKL) Worth Watching: Stock Gains 6% - Tale of the Tape

Delek Logistics Partners, LP ( DKL ) was a big mover last session with its shares rising almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has gained over 20% in the past one-month time frame.

This operator of crude oil and refined products logistics and marketing assets has seen 4 positive estimate revisions in the last 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday's climb can turn into more strength down the road.

Delek Logistics currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Investors interested in the Oil and Gas industry may also consider stocks like Sunoco Logistics Partners L.P. ( SXL ), Valero Energy Partners LP ( VLP ) and Targa Resources Partners LP ( NGLS ). While Sunoco Logistics and Valero Energy Partners sport a Zacks Rank #1 (Strong Buy), Targa Resources holds the same Zacks Rank as Delek Logistics.

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

DELEK LOGISTICS (DKL): Free Stock Analysis Report

SUNOCO LOGISTIC (SXL): Free Stock Analysis Report

VALERO EGY PTNR (VLP): Free Stock Analysis Report

TARGA RESOURCES (NGLS): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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