Delek Logistics Partners L.P. (DKL) vs South Bow (SOBO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Delek Logistics Partners L.P. (DKL) has outperformed South Bow (SOBO) over the past year, gaining 25.8% versus a gain of 19.0%. South Bow is the larger company by market cap ($7.06 billion vs $3.27 billion), about 2.2 times the size, while Delek Logistics Partners L.P. is growing revenue faster (+7.7% vs -6.3%). On valuation, Delek Logistics Partners L.P. trades at a lower forward P/E (14.8x vs 17.4x for South Bow).
Delek Logistics Partners L.P. offers the higher dividend yield (7.97% vs 5.91%). South Bow converts more of its revenue into profit, with a net margin of 21.8% versus 17.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DKL | SOBO |
|---|---|---|
| Share price | $56.60 | $33.84 |
| Market cap | $3.27B | $7.06B |
| 1-day change | +1.13% | +1.41% |
| YTD return | +26.85% | +23.19% |
| 1-year return | +25.81% | +19.03% |
| 5-year return | +13.25% | — |
| P/E ratio (TTM) | 19.58 | 15.38 |
| Forward P/E | 14.80 | 17.43 |
| EPS (TTM) | $2.89 | $2.20 |
| Dividend yield | 7.97% | 5.91% |
| Annual dividend | $4.51 | $2.00 |
| Revenue (latest FY) | $1.01B | $1.99B |
| Revenue growth (YoY) | +7.73% | -6.32% |
| Net income (latest FY) | $176.46M | $433.00M |
| Gross margin | 21.23% | 84.24% |
| Operating margin | 17.95% | — |
| Net margin | 17.41% | 21.80% |
| 52-week high | $61.50 | $39.02 |
| 52-week low | $42.35 | $25.02 |
| Distance from 52-week high | -7.97% | -13.27% |
| Analyst consensus | none | buy |
| Avg. price target upside | -6.06% | +4.73% |
| Average volume | 171.11K | 619.81K |
| Shares outstanding | 57.80M | 208.59M |
| Sector | Energy | Energy |
| Industry | Natural Gas Distribution | Natural Gas Distribution |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- South Bow is about 2.2 times larger than Delek Logistics Partners L.P. by market value ($7.06B vs $3.27B).
- Delek Logistics Partners L.P. trades at a higher earnings multiple (19.6x vs 15.4x trailing P/E).
- Delek Logistics Partners L.P. offers a meaningfully higher dividend yield (7.97% vs 5.91%).
- Delek Logistics Partners L.P. grew revenue faster in its latest fiscal year (+7.73% vs -6.32%).
About Delek Logistics Partners L.P.
DKL stock →Delek Logistics Partners, LP provides gathering, pipeline, transportation, and other services for crude oil, intermediates, refined products, natural gas, storage, wholesale marketing, terminalling water disposal and recycling customers in the United States. The company operates in four segments: Gathering and Processing, Wholesale Marketing and Terminalling, Storage and Transportation, and Investments in Joint Ventures.
Energy · Natural Gas Distribution
About South Bow
SOBO stock →South Bow Corporation operates as an energy infrastructure company. It operates through three segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other.
Energy · Natural Gas Distribution
DKL vs SOBO FAQ
Which is bigger, Delek Logistics Partners L.P. or South Bow?
South Bow (SOBO) is larger, with a market capitalization of $7.06B compared with $3.27B for Delek Logistics Partners L.P. (DKL).
Which stock has performed better over the past year, DKL or SOBO?
DKL returned +25.81% over the past 12 months, compared with +19.03% for SOBO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DKL or SOBO?
SOBO has the lower trailing P/E at 15.4, versus 19.6 for DKL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Delek Logistics Partners L.P. or South Bow?
Delek Logistics Partners L.P. has the higher yield at 7.97%, compared with 5.91% for South Bow.
Are Delek Logistics Partners L.P. and South Bow in the same industry?
Yes. Both are classified in the Natural Gas Distribution industry within the Energy sector.