Looking for strong earnings in the midstream energy space? The yield is 10.17%, with 1.34X coverage in Q2 '18. Management has raised the distribution 22 straight quarters. Record earnings again in Q2 '18: Net income up 35%, EBITDA up 50%, DCF up 43%, Revenue up 31%.
Take a look at these earnings gains from Delek Logistics Partners LP (DKL). It's a classic pattern of MLP asset expansion - the parent/GP, Delek US (DK), drops down assets to its yieldco, DKL, which pumps up sales. Sequentially, DKL has reported record net income, EBITDA, and DCF in its last three quarters, with revenue also coming within a whisker of Q1 '18's record. DKL's logistics assets exist mainly to serve DK's petroleum refining assets and transportation services.
Source: Seeking Alpha
Related Articles:
- 5 Stocks With A Low Debt To Total Capital
- Should You Sell A Dividend Stock After A Dividend Cut?
- All Investing Involves Risk
- 4 Dividend Stocks With Room To Increase Their Payout
- High-Quality, Low-Risk Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
After a four-month run of steady gains, September brought sudden, sharp, losses across the board. The NASDAQ, which peaked over 12,000 on Se...
-
The current correction has provided a sweet entry point for buying into the 5G and cloud storage markets, where the best-of-breed stocks in ...
-
There is no doubt that being an income investor in today’s bull market isn’t cool. But then again, it never is. No one likes to focus on div...
-
Recently, this stock has outperformed the US Telecom ETF, IYZ, over the past month and quarter, but it still lags IYZ and the S&P over t...
-
Many investors favor dividend-paying stocks for the recurring streams of income they provide, a benefit that is magnified when those compani...
-
Today, we’ve pulled up three ‘Perfect 10’ stocks, which are also fine defensive plays, with dividends yielding 5% or higher. At a time when ...
-
Investors love dividend stocks for a few reasons. First and foremost, that sweet dividend income. After all, investors like when an investme...
-
This stock has been an up and down ride, which we've held on for, due to the very attractive yield over cost. Management was able to inc...
-
There are a few things that annoy me. One of those things is seeing investors focus on the wrong metrics. Unfortunately, that happens freque...
-
The housing market and real estate stocks have understandably had a grueling 2020. According to the Urban Land Institute survey in May, econ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.