Resurging $DKL amidst Pandemic

NYSE:DKL   Delek Logistics Partners, L.P
$DKL delayed expansion plans of oil and gas companies could lower demand for midstream and pipeline services in the near term. In this difficult period oil and gas companies are facing the challenges posed by the drastic drop in crude oil price. $DKL started the 1st quarter of 2020 in great standing at 32. 40 and suddenly drop down 5.61 in March 18 due to pandemic crisis which affects everyone. If we check last year, date to date the price is at 32.96 which drop upto 50%, as seen in the graph $DKL now striving to rise up back again. Must watch for the coming days!

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