Are you a patient income investor, who hangs in there, even when one of your holdings is challenged by the market? Longtime energy investors' mettle has been tested in 2017, as the market has given many energy related equities the cold shoulder. We've been down this road before, only to recover - remember 2015, when oil crashed, and didn't bottom until February 2016? The distribution yield is 9.81%, but coverage dipped to .97 in Q3. Revenue grew 22%, net income rose 28%, EBITDA rose 34%, and DCF rose 13% in Q3. Parent company closed big Permian deal in Q3 - management sees expanded dropdown inventory as key to improving distribution coverage. Management is targeting 10% annual distribution growth through 2019.
Delek Logistics Partners LP (DKL) is an interesting case in point. It has outperformed AMLP, and, given its total return, (including its ~10% yield), has outperformed the market over the past year, but has lagged the market in 2017 thus far. Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil and intermediate and refined products in the United States. It operates in two segments, Pipelines and Transportation, and Wholesale Marketing and Terminalling.
Source: Seeking Alpha
Related Articles:
- 4 Higher-Yielding Stocks With A Low Price To Book
- Buy And Hold Is Not Buy And Forget
- 7 Stocks With A Vision Of Higher Dividends
- 6 Higher-Yielding Consumer Stocks With A History of Rising Dividends
- Are Defense Stocks Good Defensive Stocks?
19 Straight Distribution Hikes And A 10% Yield
Posted by D4L | Monday, December 18, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
If you are looking for high-yield dividend stocks that can beat the market, you might want to check out these three companies. They all have...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contribut...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.