GEL vs. DKL
GEL (Genesis Energy, L.P.) and DKL (Delek Logistics Partners, LP) are both stocks. Both operate in the Oil & Gas Midstream industry within the Energy sector. Over the past 10 years, GEL returned -1.74%/yr vs 18.29%/yr for DKL. At a 0.37 correlation, their price movements are largely independent.
Performance
GEL vs. DKL - Performance Comparison
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Returns By Period
In the year-to-date period, GEL achieves a 1.27% return, which is significantly lower than DKL's 21.25% return. Over the past 10 years, GEL has underperformed DKL with an annualized return of -1.74%, while DKL has yielded a comparatively higher 18.29% annualized return.
GEL
- 1D
- -1.02%
- 1M
- -5.50%
- YTD
- 1.27%
- 6M
- -1.32%
- 1Y
- -1.63%
- 3Y*
- 21.73%
- 5Y*
- 11.38%
- 10Y*
- -1.74%
DKL
- 1D
- -0.40%
- 1M
- 1.55%
- YTD
- 21.25%
- 6M
- 18.30%
- 1Y
- 33.58%
- 3Y*
- 9.67%
- 5Y*
- 13.83%
- 10Y*
- 18.29%
GEL vs. DKL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GEL Genesis Energy, L.P. | 1.27% | 61.77% | -8.37% | 19.90% | 1.05% | 84.99% | -66.17% | 22.60% | -9.18% | -32.37% |
DKL Delek Logistics Partners, LP | 21.25% | 17.18% | 9.40% | 4.36% | 14.39% | 45.88% | 14.34% | 21.52% | 2.07% | 20.80% |
Correlation
The correlation between GEL and DKL is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2012 | 0.37 |
Fundamentals
GEL:
$1.89B
DKL:
$2.78B
GEL:
$0.39
DKL:
$3.17
GEL:
39.44
DKL:
16.35
GEL:
1.13
DKL:
2.62
GEL:
$1.68B
DKL:
$1.06B
GEL:
$281.95M
DKL:
$158.42M
GEL:
$437.85M
DKL:
$449.11M
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Return for Risk
GEL vs. DKL — Risk / Return Rank
GEL
DKL
GEL vs. DKL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Genesis Energy, L.P. (GEL) and Delek Logistics Partners, LP (DKL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| GEL | DKL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -1.88 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.25 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | 2.91 | -3.01 |
| Martin ratioReturn relative to average drawdown | -0.23 | 8.40 | -8.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GEL | DKL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.06 | 1.40 | -1.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.45 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | 0.42 | -0.45 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.38 | -0.24 |
Drawdowns
GEL vs. DKL - Drawdown Comparison
The maximum GEL drawdown since its inception was -91.63%, which is greater than DKL's maximum drawdown of -82.68%. Use the drawdown chart below to compare losses from any high point for GEL and DKL.
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Drawdown Indicators
| GEL | DKL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.63% | -82.68% | -8.95% |
Max Drawdown (1Y)Largest decline over 1 year | -17.85% | -11.58% | -6.27% |
Max Drawdown (3Y)Largest decline over 3 years | -31.46% | -35.26% | +3.80% |
Max Drawdown (5Y)Largest decline over 5 years | -38.79% | -36.61% | -2.18% |
Max Drawdown (10Y)Largest decline over 10 years | -89.61% | -82.68% | -6.93% |
Current DrawdownCurrent decline from peak | -36.80% | -3.61% | -33.19% |
Average DrawdownAverage peak-to-trough decline | -34.14% | -15.25% | -18.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.18% | 4.01% | +3.17% |
Volatility
GEL vs. DKL - Volatility Comparison
Genesis Energy, L.P. (GEL) has a higher volatility of 9.14% compared to Delek Logistics Partners, LP (DKL) at 6.99%. This indicates that GEL's price experiences larger fluctuations and is considered to be riskier than DKL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GEL | DKL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.14% | 6.99% | +2.15% |
Volatility (6M)Calculated over the trailing 6-month period | 18.81% | 20.05% | -1.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.63% | 24.19% | +3.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.32% | 31.03% | +10.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.20% | 43.91% | +7.29% |
Dividends
GEL vs. DKL - Dividend Comparison
GEL's dividend yield for the trailing twelve months is around 4.46%, less than DKL's 8.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DKL Delek Logistics Partners, LP | 8.66% | 9.97% | 10.79% | 9.56% | 8.69% | 8.71% | 11.19% | 10.51% | 10.38% | 8.80% | 8.70% | 6.05% |
GEL Genesis Energy, L.P. | 4.46% | 4.23% | 6.08% | 5.18% | 5.88% | 5.60% | 16.10% | 10.74% | 11.37% | 11.87% | 7.54% | 6.72% |
Financials
GEL vs. DKL - Financials Comparison
This section allows you to compare key financial metrics between Genesis Energy, L.P. and Delek Logistics Partners, LP. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
GEL vs. DKL - Profitability Comparison
GEL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Genesis Energy, L.P. reported a gross profit of 0.00 and revenue of 446.56M. Therefore, the gross margin over that period was 0.0%.
DKL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Delek Logistics Partners, LP reported a gross profit of 0.00 and revenue of 297.47M. Therefore, the gross margin over that period was 0.0%.
GEL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Genesis Energy, L.P. reported an operating income of 76.61M and revenue of 446.56M, resulting in an operating margin of 17.2%.
DKL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Delek Logistics Partners, LP reported an operating income of 40.01M and revenue of 297.47M, resulting in an operating margin of 13.5%.
GEL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Genesis Energy, L.P. reported a net income of 19.37M and revenue of 446.56M, resulting in a net margin of 4.3%.
DKL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Delek Logistics Partners, LP reported a net income of 32.35M and revenue of 297.47M, resulting in a net margin of 10.9%.
Frequently Asked Questions
GEL and DKL have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GEL has higher volatility (9.14%) compared to DKL (6.99%). In terms of maximum drawdown, GEL dropped -91.63% vs DKL's -82.68%.
DKL currently has the higher Sharpe Ratio (1.40 vs -0.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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