Equity Profile

DKL

Delek Logistics Partners, LP

EnergyOil & Gas Storage & Transportation$2.9B

Aug6Thu

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Delek Logistics Partners, LP (DKL) operates in the energy sector, focusing on oil and gas storage and transportation. As a midstream company, it plays a crucial role in the supply chain by facilitating the movement of crude oil and refined products, which is vital for energy markets.

Key Metrics to Watch

EPS (Earnings Per Share)

EPS is a key indicator of profitability and will show how well the company is managing its costs and generating income.

N/A

Revenue Growth

Revenue growth is essential for assessing the company's ability to expand its operations and capture market share in a competitive environment.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

DKL Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

25%

Avg EPS Surprise

-43.27%

Avg Stock Reaction

+0.34%

Last Quarter Recap

In Q1-2026, Delek reported an EPS of $0.60, falling short of expectations by 30%. The stock reacted positively, gaining 4.33% the following day despite the earnings miss.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic ahead of the upcoming earnings report, given the recent stock performance despite disappointing earnings. However, the lack of analyst estimates adds uncertainty.

Bull Case

If Delek can demonstrate improved efficiency and cost management, it may surprise investors with better-than-expected earnings, leading to a positive stock reaction.

Bear Case

Conversely, continued earnings misses could signal deeper operational issues, causing investor confidence to wane and the stock to decline.

Expectations

Two Questions That Matter

The print will turn on these two things.

How will the company address the recent trend of missing EPS estimates?

Given the recent history of earnings misses, investors will be keen to understand management's strategy for improving performance.

What are the expectations for revenue growth in the upcoming quarter?

Revenue growth is crucial for assessing the company's ability to expand and compete effectively in the energy sector.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating Delek's potential for a turnaround, as recent operational improvements could lead to better-than-expected results this quarter.

Supporting Evidence

Despite recent misses, the stock has shown resilience with positive reactions following earnings.

Options pricing suggests traders expect significant volatility, indicating a potential for surprise.

Key Risk

If EPS exceeds $0.75, it could challenge the current bearish sentiment and shift investor confidence.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The upcoming earnings report will be critical in determining whether Delek can turn around its recent performance and meet market expectations.

Bull Confirmed If

A significant improvement in EPS, exceeding $0.75, would suggest effective cost management and operational efficiency.

Bear Confirmed If

An EPS below $0.50 would indicate ongoing challenges and could lead to further declines in investor confidence.

Pre-Earnings Positioning

Options Market

Implied Move

±10.18%

Historical Avg

±1.9%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±10.2% while DKL has averaged ±1.9% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

31.3%

Calls (47K)P/C Ratio: 4.25Puts (900)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich setup in Energy

n=30

Fade rate: 18 of 29 (62%)

This setup has occurred 30 times across Energy in the last 2 years. 18 of 29 (62%) reversed within 5 days — this setup typically fades. The average absolute 1-day move is 3.4%, with a raw directional average of -0.1% (modestly negative historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Delek beats expectations, history suggests a potential stock increase of around +2.18%, confirming a positive turnaround narrative.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further clarity on future guidance.

Miss

A miss could lead to a decline of around -0.27%, reinforcing concerns about the company's operational challenges.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on cost management strategies and their impact on profitability.
2Insights into revenue growth expectations for the upcoming quarter.
3Management's commentary on market conditions and demand for oil and gas transportation.
4Details on operational efficiencies that may have been implemented since the last quarter.
5Any guidance on future capital expenditures and their expected impact on growth.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Aug3

ONBMO

ON Semiconductor Corporation

PreviewView

Aug3

LBMO

Company Snapshot

Key Metrics to Watch

EPS (Earnings Per Share)

EPS is a key indicator of profitability and will show how well the company is managing its costs and generating income.

N/A

Revenue Growth

Revenue growth is essential for assessing the company's ability to expand its operations and capture market share in a competitive environment.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

DKL Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

25%

Avg EPS Surprise

-43.27%

Avg Stock Reaction

+0.34%

Last Quarter Recap

In Q1-2026, Delek reported an EPS of $0.60, falling short of expectations by 30%. The stock reacted positively, gaining 4.33% the following day despite the earnings miss.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic ahead of the upcoming earnings report, given the recent stock performance despite disappointing earnings. However, the lack of analyst estimates adds uncertainty.

Bull Case

If Delek can demonstrate improved efficiency and cost management, it may surprise investors with better-than-expected earnings, leading to a positive stock reaction.

Bear Case

Conversely, continued earnings misses could signal deeper operational issues, causing investor confidence to wane and the stock to decline.

Expectations

Two Questions That Matter

The print will turn on these two things.

How will the company address the recent trend of missing EPS estimates?

Given the recent history of earnings misses, investors will be keen to understand management's strategy for improving performance.

What are the expectations for revenue growth in the upcoming quarter?

Revenue growth is crucial for assessing the company's ability to expand and compete effectively in the energy sector.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating Delek's potential for a turnaround, as recent operational improvements could lead to better-than-expected results this quarter.

Supporting Evidence

Despite recent misses, the stock has shown resilience with positive reactions following earnings.

Options pricing suggests traders expect significant volatility, indicating a potential for surprise.

Key Risk

If EPS exceeds $0.75, it could challenge the current bearish sentiment and shift investor confidence.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The upcoming earnings report will be critical in determining whether Delek can turn around its recent performance and meet market expectations.

Bull Confirmed If

A significant improvement in EPS, exceeding $0.75, would suggest effective cost management and operational efficiency.

Bear Confirmed If

An EPS below $0.50 would indicate ongoing challenges and could lead to further declines in investor confidence.

Pre-Earnings Positioning

Options Market

Implied Move

±10.18%

Historical Avg

±1.9%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±10.2% while DKL has averaged ±1.9% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

31.3%

Calls (47K)P/C Ratio: 4.25Puts (900)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich setup in Energy

n=30

Fade rate: 18 of 29 (62%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Delek beats expectations, history suggests a potential stock increase of around +2.18%, confirming a positive turnaround narrative.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further clarity on future guidance.

Miss

A miss could lead to a decline of around -0.27%, reinforcing concerns about the company's operational challenges.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on cost management strategies and their impact on profitability.
2Insights into revenue growth expectations for the upcoming quarter.
3Management's commentary on market conditions and demand for oil and gas transportation.
4Details on operational efficiencies that may have been implemented since the last quarter.
5Any guidance on future capital expenditures and their expected impact on growth.