Delek Logistics Partners

Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil, intermediate, and refined products. The firm gathers, transports, and stores crude oil. It also markets, distributes, transports, and stores refined products. It operates through the following segments: Pipelines and Transportation, Wholesale Marketing and Terminalling, and Investments in Pipeline Joint Ventures. The Pipelines and Transportation segment consists of crude oil transportation pipelines, refined product pipelines, crude oil gathering system, and associated crude oil storage tanks. The Wholesale Marketing and Terminalling segment provides marketing services for refined products output of the Tyler Refinery and the Big Spring Refinery. It also engages in wholesale activity at the Abilene and San Angelo, Texas terminals, as well as at terminals owned by third parties, whereby the firm purchases light products for sale and exchange to third parties. It is also involved in providing terminalling services to independent third parties and Delek Holdings. The Investments in Pipeline Joint Ventures segment owns a portion of three joint ventures that have constructed separate crude oil pipeline systems and related ancillary assets, which serve third parties and subsidiaries of Delek Holdings. The company was founded on April 24, 2012 and is headquartered in Brentwood, TN.

Earnings data Q1 2021

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Delek Logistics Partners achieves record EBITDA and plans strategic growth

Delek Logistics Partners (DKL) delivered a strong performance in Q4 2022, marked by record EBITDA and consistent distribution increases, underpinned by operational excellence and strategic asset integration.
While challenges such as managing capital expenditures and addressing debt exist, the company's focus on growth investments and safety culture positions it well for future opportunities.
Opportunities in leveraging recent acquisitions, expanding key segments like Permian G&P, and optimizing financial structures can drive sustainable value creation and enhance investor confidence.
Overall, Delek Logistics Partners' Q4 performance reflects a resilient business model, strategic focus on growth, and commitment to operational efficiency and safety.

Delek Logistics Partners reports record EBITDA and distribution growth

Delek Logistics Partners (DKL) delivered a strong performance in Q1 2023, marked by record EBITDA and distribution increases, reflecting operational excellence and strategic investments.
While facing challenges in the operational environment and capital management, DKL remains focused on growth, safety, and maximizing shareholder value.
Opportunities lie in business evolution, M&A activities, and efficiency enhancements, positioning DKL for continued success and value creation in the future.

Delek Logistics Partners posts strong Q2 results, eyes growth opportunities

Delek Logistics Partners demonstrated robust financial performance in Q2 2023, with strong EBITDA and distributable cash flow figures. While facing the challenge of meeting future EBITDA targets, the company's focus on growth projects and increased distribution signals a positive outlook. Leveraging the growth in throughput presents opportunities for further expansion and optimization.

Delek Logistics Partners (DKL) reports record earnings and growth opportunities

DKL's strong performance in Q3 '23, marked by record EBITDA and throughput, reflects operational excellence and financial resilience.
The company's focus on safety, increased distributions, and disciplined capital spending position it well for sustained growth.
Opportunities in third-party business expansion and industry-wide fee escalations offer avenues for future revenue enhancement.
Overall, DKL's Q3 '23 earnings call showcases a robust financial performance and strategic outlook for continued success.

Delek Logistics Partners (DKL) reports record earnings and growth outlook

Delek Logistics Partners (DKL) delivered strong financial performance in Q4 2023, with record EBITDA and distribution increases.
While challenges like debt refinancing and managing expenses exist, opportunities for growth through capital programs and operational efficiency enhancements are on the horizon.
Overall, DKL's focus on shareholder value and commitment to improvement position them well for future success.

Delek Logistics Partners (DKL) reports strong Q1 performance and eyes strategic growth opportunities

Delek Logistics Partners (DKL) delivered a robust performance in Q1 2024, marked by strong EBITDA, improved liquidity, and consistent distribution growth, reflecting operational excellence and financial strength.
The company's focus on third-party business, strategic investments in infrastructure, and market engagement highlights its resilience, growth potential, and commitment to shareholder value.
While facing challenges in managing capital allocation and balancing distribution increases with reinvestment, DKL remains well-positioned to capitalize on opportunities through strategic initiatives and operational enhancements.

Delek Logistics Partners achieves record earnings and expands growth initiatives

DKL's strong financial performance, strategic acquisitions, and investment in growth projects highlight a positive outlook for the company.
While facing capital expenditure challenges and the need for effective project execution, DKL's improved liquidity and increased distribution signal confidence in its future.
Opportunities from long-term contracts, synergies from acquisitions, and industry demand present avenues for DKL to sustain its growth trajectory.

Delek Logistics Partners achieves record earnings, eyes strategic growth opportunities

Delek Logistics Partners (DKL) delivered a strong performance in Q3 2024, marked by record adjusted EBITDA and strategic transactions.
The company's focus on operational efficiency, distribution growth, and strategic investments underscores a commitment to sustainable growth.
While facing challenges in segment performance and capital expenditure management, Delek Logistics Partners (DKL) remains poised to capitalize on growth opportunities.

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Net income attributable to all partners of $34.8 million Record quarterly EBITDA of $98.2 million Record throughput in Midland Gathering  Distributable cash flow of $61.4 million    Distributable cash flow coverage ratio of 1.35x Delivered 43 consecutive quarters of distribution growth with recent increase to $1.045/unit BRENTWOOD, Tenn. , Nov. 7, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the third quarter 2023, with reported net income attributable to all partners of $34.8 million, or $0.80 per diluted common limited partner unit.

Delek Logistics Reports Third Quarter 2023 Results

Delek US Hlds

Net income of $128.7 million or $1.97 per share Adjusted net income of $131.9 million or $2.02 per share Adjusted EBITDA of $345.1 million Delivered record total throughput in Refining and quarterly earnings in Logistics Returned $40.2 million to shareholders through dividends and share buy backs and in addition repurchased $20.0 million in shares subsequent to quarter end Paid down $175.6 million in debt Increased quarterly dividend to $0.24 per share in November BRENTWOOD, Tenn. , Nov. 7, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US", "Company") today announced financial results for its third quarter ended September 30, 2023.

Delek US Holdings Reports Third Quarter 2023 Results

BRENTWOOD, Tenn. , Oct. 25, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the third quarter 2023 of $1.045 per common limited partner unit, or $4.18 per common limited partner unit on an annualized basis.

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.045 per Common Limited Partner Unit

Delek Logistics Partners is undergoing a period of transformation with a recent acquisition and changes in business segments. The company has reported stable distributable FCFs and investments in third party opportunities.

Delek Logistics: M&A, Transformation, And Undervalued

BRENTWOOD, Tenn. , Oct. 10, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced that the Company intends to issue a press release summarizing third quarter 2023 results before the U.S. stock market opens on Tuesday, November 7, 2023.

Delek US Holdings to Host Third Quarter 2023 Conference Call on November 7th

BRENTWOOD, Tenn., Oct. 10, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing third quarter 2023 results before the U.S. stock market opens on Tuesday, November 7, 2023.

Delek Logistics Partners, LP to Host Third Quarter 2023 Conference Call on November 7th

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Delek Logistics Partners, LP (NYSE:DKL ) Q2 2023 Earnings Conference Call August 7, 2023 ET Company Participants Rosy Zuklic - Vice President, Investor Relations Avigal Soreq - President Reuven Spiegel - Executive Vice President and Chief Financial Officer Conference Call Participants Operator Good day, and welcome to the Delek Logistics Partners Second Quarter Conference Call. All participants will be in a listen-only mode.

Delek Logistics Partners, LP (DKL) Q2 2023 Earnings Call Transcript

Net income attributable to all partners of $31.9 million EBITDA of $92.8 million Distributable cash flow of $60.5 million Adjusted distributable cash flow coverage ratio of 1.34x Delivered 42 consecutive quarters of distribution growth with recent increase to $1.035/unit BRENTWOOD, Tenn. , Aug. 7, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the second quarter 2023, with reported net income attributable to all partners of $31.9 million, or $0.73 per diluted common limited partner unit.

Delek Logistics Reports Second Quarter 2023 Results

Net loss of $8.3 million or $0.13 per share Adjusted net income of $65.2 million or $1.00 per share Adjusted EBITDA of $259.4 million Paid $15.0 million in dividends during the quarter Repurchased $40 million of shares during the quarter; $25 million subsequent to quarter end Increased quarterly dividend to $0.235 per share in August BRENTWOOD, Tenn. , Aug. 7, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US", "Company") today announced financial results for its second quarter ended June 30, 2023.

Delek US Holdings Reports Second Quarter 2023 Results and Raises Quarterly Dividend

Delek Logistics Partners LP offers a unique way to benefit from the strong demand for oil in the US, with a dividend yield of over 8%. DKL is well-positioned to capture the growth in the US oil industry and has a solid base of revenues from diversified contracts. Despite some risks in the oil and gas sector, DKL's strong financial performance and potential for double-digit EPS growth make it an attractive investment opportunity.

Delek Logistics Partners LP: Offering A Great Dividend At A Good Price

Delek Logistics' (DKL) stable performance and growth initiatives will allow it to generate strong cash flow and assist it in rewarding unit holders through distribution hikes.

Delek Logistics (DKL) Ups Quarterly Cash Distribution by 5% Y/Y

BRENTWOOD, Tenn. , July 26, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the second quarter 2023 of $1.035 per common limited partner unit, or $4.14 per common limited partner unit on an annualized basis.

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.035 per Common Limited Partner Unit

BRENTWOOD, Tenn. , July 11, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing second quarter 2023 results before the U.S. stock market opens on Monday, August 7, 2023.

Delek Logistics Partners, LP to Host Second Quarter 2023 Conference Call on August 7th

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Delek Logistics Partners, LP (NYSE:DKL ) Q1 2023 Earnings Conference Call May 8, 2023 12:30 PM ET Company Participants Rosy Zuklic - Vice President, IR Avigal Soreq - President Joseph Israel - Executive Vice President, Operations Reuven Spiegel - Executive Vice President and CFO Odely Sakazi - Senior Vice President, Delek Logistics Conference Call Participants Justin Jenkins - Raymond James Doug Irwin - Citi Operator Good day. And welcome to the Delek Logistics Partners First Quarter 2023 Conference Call.

Delek Logistics Partners, LP (DKL) Q1 2023 Earnings Call Transcript

EBITDA of $93.2 million Net income attributable to all partners of $37.4 million Record EBITDA of $93.2 million Distributable cash flow of $61.8 million More than doubled volume in Midland Gathering compared with prior year Adjusted distributable cash flow coverage ratio of 1.38x Delivered 41 consecutive quarters of distribution growth with recent increase to $1.025/unit BRENTWOOD, Tenn. , May 8, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the first quarter 2023, with reported net income attributable to all partners of $37.4 million, or $0.86 per diluted common limited partner unit.

Delek Logistics Reports First Quarter 2023 Net Income Attributable to All Partners of $37.4 million

Net income of $64.3 million or $0.95 per share Adjusted net income of $92.7 million or $1.37 per share Adjusted EBITDA of $284.6 million, compared with $83.6 million from last year Generated $395.1 million of cash from operations Repaid $281.0 million of consolidated debt, $327.4 million of Delek US Holdings debt Repurchased approximately $40.0 million of shares subsequent to quarter end; Increased the quarterly regular dividend by 4.5 percent in May 2023 BRENTWOOD, Tenn. , May 8, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US", "Company") today announced financial results for its first quarter ended March 31, 2023.

Delek US Holdings Reports First Quarter 2023 Results

Delek Logistics Partners appears to have qualities similar to dividend royalty. DKL has paid an increasing distribution since 2013 with a current forward yield of 9.03%.

Delek Logistics Partners: A Dividend King's Royal Midstream Cousin

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BRENTWOOD, Tenn. , April 28, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the first quarter 2023 of $1.025 per common limited partner unit, or $4.10 per common limited partner unit on an annualized basis.

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.025 per Common Limited Partner Unit

BRENTWOOD, Tenn. , April 6, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing first quarter 2023 results before the U.S. stock market opens on Monday, May 8, 2023.

Delek Logistics Partners, LP to Host First Quarter 2023 Conference Call on May 8th

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