Compare · DKL vs TRGP
DKL vs TRGP
Side-by-side comparison of Delek Logistics Partners L.P. (DKL) and Targa Resources Inc. (TRGP): market cap, price performance, sector, and recent activity on the wire.
Summary
- DKL operates in Energy, while TRGP operates in Utilities - the two are in different parts of the market.
- TRGP is the larger of the two at $61.52B, about 21.6x DKL ($2.85B).
- DKL has been more active in the news (17 items in the past 4 weeks vs 14 for TRGP).
- TRGP has more recent analyst coverage (25 ratings vs 11 for DKL).
Delek Logistics Partners L.P.
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. The Pipelines and Transportation segment includes pipelines, trucks, and ancillary assets that provide crude oil gathering, crude oil intermediate and finished products transportation, and storage services primarily in support of the Tyler, El Dorado, and Big Spring refineries, as well as offers crude oil and other products transportation services to third parties. This segment operates approximately 900 miles of crude oil gathering system. The Wholesale Marketing and Terminalling segment provides wholesale marketing, transporting, storage, and terminalling services related to refined products to independent third parties. Delek Logistics GP, LLC serves as the general partner of the company. Delek Logistics Partners, LP was founded in 2012 and is headquartered in Brentwood, Tennessee. Delek Logistics Partners, LP is a subsidiary of Delek US Holdings, Inc.
Targa Resources Inc.
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, purchasing, storing, terminaling, and selling crude oil. It is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. It operates approximately 28,700 miles of natural gas pipelines, including 42 owned and operated processing plants; and owns or operates a total of 34 storage wells with a gross storage capacity of approximately 75 million barrels. As of December 31, 2020, the company leased and managed approximately 694 railcars; 124 transport tractors; and 2 company-owned pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
Latest DKL
- President Soreq Avigal bought $125,000 worth of Common Units (2,500 units at $50.00), increasing direct ownership by 3% to 84,782 units (SEC Form 4)
- EVP Hobbs Mark Wayne bought $200,000 worth of Common Units (4,000 units at $50.00), increasing direct ownership by 20% to 24,125 units (SEC Form 4)
- Executive Vice President, DKL Spiegel Reuven bought $50,000 worth of Common Units (1,000 units at $50.00), increasing direct ownership by 4% to 29,549 units (SEC Form 4)
- EVP, Chief Financial Officer Wright Robert G. bought $75,000 worth of Common Units (1,500 units at $50.00), increasing direct ownership by 23% to 7,994 units (SEC Form 4)
- Chairman Yemin Ezra Uzi bought $300,000 worth of Common Units representing limited partner interests (6,000 units at $50.00) (SEC Form 4)
- Delek Logistics Partners L.P. filed SEC Form 8-K: Regulation FD Disclosure
- Delek Logistics Partners, LP Announces Closing of Public Offering of Common Units and Full Exercise of Underwriters’ Option to Purchase Additional Units
- SEC Form 8-K filed by Delek Logistics Partners L.P.
- SEC Form 8-K filed by Delek Logistics Partners L.P.
- Delek Logistics Partners, LP Announces Pricing of Public Offering of Common Units
Latest TRGP
- SEC Form 144 filed by Targa Resources Inc.
- Director Davis Waters S Iv sold $719,209 worth of shares (2,400 units at $299.67), decreasing direct ownership by 61% to 1,529 units (SEC Form 4)
- SEC Form 8-K filed by Targa Resources Inc.
- Targa Resources Corp. Announces Addition of Experienced Industry Executive and Leadership Changes to Support Continued Long-Term Growth
- Director Chung Paul W gifted 1,000 shares, decreasing direct ownership by 3% to 30,479 units (SEC Form 4)
- Chief Commercial Officer Muraro Robert was granted 20,000 shares, increasing direct ownership by 10% to 217,401 units (SEC Form 4)
- Targa Resources Corp. Announces 20-Year Agreements with ExxonMobil and Announces Three New Natural Gas Processing Plants in the Permian Delaware
- TD Cowen reiterated coverage on Targa Resources with a new price target
- SEC Form 10-Q filed by Targa Resources Inc.
- Targa Resources Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits