| Delek Logistics Partners primarily owns and operates logistics and marketing assets for crude oil and intermediate and refined products. Co. has two segments: pipelines and transportation, which provides crude oil gathering and crude oil, intermediate and finished products transportation and storage services primarily in support of the Tyler and El Dorado Refineries; and wholesale marketing and terminalling, which provides wholesale marketing and terminalling services to Delek U.S. Holdings, Inc.'s refining operations and to third parties from whom Co. receive fees for marketing, transporting, storing and terminalling refined products and to whom Co. wholesale markets refined products. We show 29 historical shares outstanding datapoints in our DKL shares outstanding history coverage, used to compute DKL market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DKL market cap history over the course of time is important for investors
interested in comparing DKL's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of DKL versus a peer is one thing; comparing
DKL market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like DKL can fluctuate over the course of history.
With this page we aim to empower investors researching DKL by allowing them to research the DKL market cap history.