Delek Logistics Partners LP
NYSE:DKL
During the last 3 months Delek Logistics Partners LP insiders have not bought any shares, and have not sold any shares. The stock price has increased by 6% over this period (open performance analysis).
The last transaction was made on
Dec 16, 2024
by
Soreq Avigal
(President & Chief Executive Officer)
, who
bought
14.9k USD
worth of DKL shares.
During the last 3 months Delek Logistics Partners LP insiders have not bought any shares, and have not sold any shares. The stock price has increased by 6% over this period (open performance analysis).
The last transaction was made on
Dec 16, 2024
by
Soreq Avigal
(President & Chief Executive Officer)
, who
bought
14.9k USD
worth of DKL shares.
Delek Logistics Partners LP
Glance View
Delek Logistics Partners LP, a prominent player in the midstream sector, represents a compelling narrative of strategic growth and operational efficiency. Established amidst the bustling energy markets, Delek Logistics has carved out a niche by focusing on the transportation, storage, and wholesale distribution of refined petroleum products. Its symbiotic relationship with Delek US Holdings, a key refining and marketing giant, underpins its steady revenue stream. The partnership operates an extensive network of pipelines, terminals, and storage facilities, enabling it to expertly handle the logistical demands of moving crude oil and refined products across strategic market areas in the Southeastern and Southwestern United States. A critical component of Delek Logistics’ business model is its commitment to optimizing supply chain logistics within the energy sector, ensuring the seamless flow of products from production to end users. This is accomplished by leveraging its strategically located assets, which provide essential connectivity between refineries and major downstream markets. Revenue is primarily driven through long-term, fee-based contracts that shield the company from commodity price volatility, allowing for predictable cash flows. Through this operational strategy, Delek Logistics Partners LP not only capitalizes on existing infrastructure but also positions itself for future expansion in the energy landscape, reflecting a well-orchestrated blend of stability and growth potential.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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