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DKL - Earnings announcements
Delek Logistics Partners L.P. (DKL) earnings announcements - real-time wire coverage filtered to Earnings only.
Recent Earnings for DKL
- Delek Logistics Reports First Quarter 2026 ResultsDelek Logistics reported net income of $32.4 million or $0.60 per unit, and adjusted EBITDA of $132.3 million Successfully completed drilling of our first acid gas injection (AGI) well, progressing our sour gas processing, treating and handling solution at the Libby Gas Complex Signed new revolving credit facility, increasing borrowing capacity by $150 million and extending maturities to 2031 Strong first quarter execution allows us to reiterate 2026 EBITDA Guidance of $520 million to $560 million Increased economic separation from DK as we continue to increase EBITDA from third party sources Continued our consistent distribution growth with our 53rd consecutive quarterly i
- Delek US Holdings Reports First Quarter 2026 ResultsDelek US reported a first quarter net loss of $201.3 million or $(3.34) per share, adjusted net income of $4.7 million or $0.08 per share and adjusted EBITDA of $211.7 million Excluding the impacts of the RVO adjustment, adjusted EPS was $(0.98) per share and adjusted EBITDA was $129.4 million Completed the Big Spring Refinery turnaround safely, within budget and on time Improves overall refining profitability through better margin capture and lower costs Advanced key objectives of Enterprise Optimization Plan ("EOP"), increasing the annual run-rate cash flow improvements to ~$220 million from ~$200 million Announced refinancing of the revolving credit facilities for bot
- Delek US Holdings to Host First Quarter 2026 Conference Call on April 29thDelek US Holdings, Inc. (NYSE:DK) ("Delek US") today announced that the Company intends to issue a press release summarizing first quarter 2026 results before the U.S. stock market opens on Wednesday, April 29, 2026. A conference call to discuss these results is scheduled to begin at 9:00 a.m. CT (10:00 a.m. ET) on Wednesday, April 29, 2026. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor relations section of the website. A presentation containing supplemental financial information will also be available online at ir.delekus.com prior to the conference call and webcast. The Company does not intend to furnish this
- Delek Logistics Partners, LP to Host First Quarter 2026 Conference Call on April 29thDelek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing first quarter 2026 results before the U.S. stock market opens on Wednesday, April 29, 2026. A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT (12:30 p.m. ET) on Friday, Wednesday, April 29, 2026. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LP Delek Logistics is a midstream energy master limited partnership hea
- Delek US Holdings Reports Fourth Quarter 2025 ResultsDelek US reported fourth quarter net income of $78.3 million or $1.26 per share, adjusted net income of $143.0 million or $2.31 per share and adjusted EBITDA of $374.8 million Excluding the impacts of SREs, adjusted EPS was $0.44 per share and adjusted EBITDA was $225.5 million Further advanced key objectives of Enterprise Optimization Plan ("EOP") Increased the annual run-rate cash flow improvements to ~$200 million Recognized ~$50 million of improvements in 4Q'25 Announced restructuring of its Inventory Intermediation Agreement which will result in incremental free cash flow generation of at least $40 million Delek Logistics reported record financial performance and
- Delek Logistics Reports Record Fourth Quarter 2025 ResultsDelek Logistics reported Net income of $47.3 million or $0.88 per unit Delivered record financial performance, Adjusted EBITDA of $142.3 million for the fourth quarter and $535.6 million for the year Progressed comprehensive acid gas injection (AGI) & sour gas treating solution at the Libby Gas Complex Initiated 2026 EBITDA Guidance of $520 - 560 million 2026 guidance reflects Increased economic separation from DK, as third-party EBITDA contribution to exceed 80% Continued our consistent distribution growth with our 52nd consecutive quarterly increase to $1.125/unit Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced its financial results for the f
- Delek US Holdings to Host Fourth Quarter 2025 Conference Call on February 27thDelek US Holdings, Inc. (NYSE:DK) ("Delek US") today announced that the Company intends to issue a press release summarizing fourth quarter 2025 results before the U.S. stock market opens on Friday, February 27, 2026. A conference call to discuss these results is scheduled to begin at 10:00 a.m. CT (11:00 a.m. ET) on Friday, February 27, 2026. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum re
- Delek Logistics Partners, LP to Host Fourth Quarter 2025 Conference Call on February 27thDelek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing fourth quarter 2025 results before the U.S. stock market opens on Friday, February 27, 2026. A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT (12:30 p.m. ET) on Friday, February 27, 2026. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LP Delek Logistics is a midstream energy master limited partnership headquarte
- Delek US Holdings Reports Third Quarter 2025 ResultsDelek US reported third quarter net income of $178.0 million or $2.93 per share, adjusted net income of $434.2 million or $7.13 per share, adjusted EBITDA of $759.6 million Recognized a $280.8 million benefit related to the reduction in cost of materials and other as a result of being granted Small Refinery Exemptions ("SREs") by the U.S. Environmental Protection Agency ("EPA") for past Renewable Volume Obligation ("RVO") compliance periods Adjusted EBITDA and adjusted net income also include the impact of 50% reduction in RVO for the first nine months, to include any potential 2025 SRE grants, of ~$160 million Excluding the above mentioned SRE items, adjusted EBITDA was $318.6 milli
- Delek Logistics Reports Record Third Quarter 2025 ResultsNet income of $45.6 million Reported Adjusted EBITDA of $136.0 million up 27% year over year Reported record crude gathering volumes in the Delaware crude gathering system Increasing full year Adjusted EBITDA guidance to $500 - $520 million on strong execution Continued our consistent distribution growth with our 51st consecutive quarterly increase to $1.120/unit Continue to progress comprehensive acid gas injection (AGI ) & sour gas treating solution at the Libby Gas Complex Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced its financial results for the third quarter 2025. "During the third quarter Delek Logistics continued its strong execution by ma
- Delek US Holdings to Host Third Quarter 2025 Conference Call on November 7thDelek US Holdings, Inc. (NYSE:DK) ("Delek US") today announced that the Company intends to issue a press release summarizing third quarter 2025 results before the U.S. stock market opens on Friday, November 7, 2025. A conference call to discuss these results is scheduled to begin at 9:30 a.m. CT (10:30 a.m. ET) on Friday, November 7, 2025. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refini
- Delek Logistics Partners, LP to Host Third Quarter 2025 Conference Call on November 7thDelek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing third quarter 2025 results before the U.S. stock market opens on Friday, November 7, 2025. A conference call to discuss these results is scheduled to begin at 11:00 a.m. CT (12:00 p.m. ET) on Friday, November 7, 2025. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LP Delek Logistics is a midstream energy master limited partnership headquartered i
- Delek US Holdings Reports Second Quarter 2025 ResultsNet loss of $106.4 million or $(1.76) per share, adjusted net loss of $33.1 million or $(0.56) per share, adjusted EBITDA of $170.2 million During 2Q'25 DK continued to advance its key objectives of EOP and Sum of the Parts Enterprise Optimization Plan ("EOP") continues to exceed expectations and is forecasted to deliver $130 to 170 million in annual run-rate cash flow improvements. We recognized ~$30 million of improvements in 2Q'25 DKL completed its new Libby 2 gas processing plant, providing a much needed processing capacity expansion for DKL's producer customers in Lea County, New Mexico DKL is executing well on its full year Adjusted EBITDA guidance of $480 to $520 million
- Delek Logistics Reports Record Second Quarter 2025 ResultsNet income of $44.6 million Reported Adjusted EBITDA of $120.9 million up 18% year over year Executing well on our full year Adjusted EBITDA guidance of $480 to $520 million Continued our consistent distribution growth with our 50th consecutive quarterly increase to $1.115/unit Successfully completed new Libby 2 gas processing plant, providing a much needed processing capacity expansion to our producer customers in Lea County, New Mexico Successfully executed $700.0 million debt offering maturing in June 2033 This offering improves DKL's total liquidity to over $1 billion Enhanced liquidity reinforces DKL's growth efforts as an independent company Delek Logistics
- Delek US Holdings to Host Second Quarter 2025 Conference Call on August 6thDelek US Holdings, Inc. (NYSE:DK) ("Delek US") today announced that the Company intends to issue a press release summarizing second quarter 2025 results before the U.S. stock market opens on Wednesday, August 6, 2025. A conference call to discuss these results is scheduled to begin at 10:00 a.m. CT (11:00 a.m. ET) on Wednesday, August 6, 2025. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum re
- Delek Logistics Partners, LP to Host Second Quarter 2025 Conference Call on August 6thDelek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing second quarter 2025 results before the U.S. stock market opens on Wednesday, August 6, 2025. A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT (12:30 p.m. ET) on Wednesday, August 6, 2025. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LP Delek Logistics is a midstream energy master limited partnership headquarte
- Delek Logistics Reports Record First Quarter 2025 ResultsNet income of $39.0 million Reported Adjusted EBITDA of $116.5 million up 15% year over year On track to deliver $480 million to $520 million in full year Adjusted EBITDA Announced additional intercompany agreements with Delek US increasing the third-party EBITDA contribution to ~80% Started commissioning of the new Libby 2 plant, providing a much needed processing capacity expansion in Lea County, NM Closed the acquisition of Gravity Water Midstream ("Gravity") on January 2nd which is already performing above expectations Acquired $10 million worth of DKL units from DK under the previously announced $150 million buyback authorization Continued our consistent distribution gro
- Delek US Holdings Reports First Quarter 2025 ResultsNet loss of $172.7 million or $(2.78) per share, adjusted net loss of $144.4 million or $(2.32) per share, adjusted EBITDA of $26.5 million During 1Q'25 DK continued to advance its key objectives of SOTP, Midstream deconsolidation & EOP Enterprise Optimization Plan ("EOP") will deliver at least $120 million in run-rate cash flow improvement in 2H'25 DKL closed the acquisition of Gravity Water Midstream on January 2, 2025 resulting in the reduction of DK's ownership in DKL to 63.4% New intercompany announcements further increase the economic separation between DK and DKL The intercompany agreements increase consolidated financial availability by ~$250 million On a pro-forma basi
- Delek Logistics Partners, LP to Host First Quarter 2025 Conference Call on May 7thDelek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing first quarter 2025 results before the U.S. stock market opens on Wednesday, May 7, 2025. A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT (12:30 a.m. ET) on Wednesday, May 7, 2025. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LP Delek Logistics is a midstream energy master limited partnership headquartered in Bre
- Delek US Holdings to Host First Quarter 2025 Conference Call on May 7thDelek US Holdings, Inc. (NYSE:DK) ("Delek US") today announced that the Company intends to issue a press release summarizing first quarter 2025 results before the U.S. stock market opens on Wednesday, May 7, 2025. A conference call to discuss these results is scheduled to begin at 10:00 a.m. CT (11:00 a.m. ET) on Wednesday, May 7, 2025. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, lo
- Delek US Holdings Reports Fourth Quarter 2024 ResultsNet loss of $413.8 million or $(6.55) per share, adjusted net loss of $160.5 million or $(2.54) per share, adjusted EBITDA of $(23.2) million Closing a transformational 2024 with additional steps to improve DK's profitability. During 2024: DK made significant progress in achieving our Sum of the Parts ("SOTP") goals Sold our retail assets for proceeds of $390 million Progressed DKL deconsolidation reducing DK's interest in DKL from 78.7% in January 2024 to 63.6% currently DK & Delek Logistics (DKL) executed the intercompany amendments and extensions DK completed the drop-down of Wink to Webster ("W2W") pipeline into DKL DKL closed the acquisition of H2O Midstream, fur
- Delek Logistics Reports Record Fourth Quarter 2024 ResultsNet income of $35.3 million Reported record Adjusted EBITDA of $107.2 million up 6% year over year Transformational 2024 towards becoming an independent, full suite Permian midstream services provider. In 2024: Completed the acquisition of Delek US' interest in the Wink to Webster ("W2W") pipeline Amended and extended agreements with Delek US for a period of up to seven years Announced the final investment decision ("FID") on a new gas processing plant adjacent to the existing Delaware plant Closed the acquisition of H2O Midstream Announced the FID on Acid Gas Injection at the Libby Complex in the Delaware Basin Increased our dedicated acres in the Midland basin to ~
- Delek Logistics Partners, LP to Report Fourth-Quarter 2024 Financial Results on February 25, 2025Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics" or the "Partnership") today announced that the Partnership intends to issue a press release summarizing fourth-quarter 2024 results before the U.S. stock market opens on Tuesday, February 25, 2025. A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT on Tuesday, February 25, 2025. Interested parties may listen to the conference call by visiting Delek Logistics' website at www.DelekLogistics.com and clicking on the Events & Presentations section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LP Delek Logistics is a midstream energy mas
- Delek US Holdings, Inc. to Report Fourth-Quarter 2024 Financial Results on February 25, 2025Delek US Holdings, Inc. (NYSE:DK) ("Delek") today announced that the Company intends to issue a press release summarizing fourth-quarter 2024 results before the U.S. stock market opens on Tuesday, February 25, 2025. A conference call to discuss these results is scheduled to begin at 10:00 a.m. CT on Tuesday, February 25, 2025. Interested parties may listen to the conference call by visiting Delek's website at www.DelekUS.com and clicking on Events & Presentations in the investor relations section of the website. The online replay will be available on the website for 90 days. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in
- Delek US Holdings Reports Third Quarter 2024 ResultsNet loss of $76.8 million or $(1.20) per share, adjusted net loss of $93.0 million or $(1.45) per share, adjusted EBITDA of $70.6 million During 3Q' 2024, we successfully closed previously announced transactions to further our SOTP strategy: Sold our retail assets for proceeds of $390 million DK & Delek Logistics(DKL) executed the intercompany amendments and extensions Completed the drop-down of Wink to Webster ("W2W") pipeline into DKL DKL closed the acquisition of H2O Midstream, further adding to its third party cash flows Announced the Enterprise Optimization Plan ("EOP") expected to increase overall profitability by at least $100 million DKL announced another record qua
- Delek Logistics Reports Record Third Quarter 2024 ResultsNet income attributable to all partners of $33.7 million Reported record Adjusted EBITDA of $106.8 million up 9% year over year During the 3rd quarter Delek Logistics: Closed the acquisition of H2O Midstream Completed the acquisition of Delek US' interest in the Wink to Webster ("W2W") pipeline Amended and extended agreements with Delek US for a period of up to seven years Announced the final investment decision (FID) on a new gas processing plant adjacent to the existing Delaware plant DKL raised $165.3 million from a primary offering in October to fund its accretive growth projects in the Delaware Basin Continued with its consistent distribution growth policy with recen
- Delek US Holdings to Host Third Quarter 2024 Conference Call on November 6thDelek US Holdings, Inc. (NYSE:DK) ("Delek US") today announced that the Company intends to issue a press release summarizing third quarter 2024 results before the U.S. stock market opens on Wednesday, November 6, 2024. A conference call to discuss these results is scheduled to begin at 9:00 a.m. CT (10:00 a.m. ET) on Wednesday, November 6, 2024. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum ref
- Delek Logistics Partners, LP to Host Third Quarter 2024 Conference Call on November 6thDelek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing third quarter 2024 results before the U.S. stock market opens on Wednesday, November 6, 2024. A conference call to discuss these results is scheduled to begin at 10:30 a.m. CT (11:30 a.m. ET) on Wednesday, November 6, 2024. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LP Delek Logistics is a midstream energy master limited partnership headquarte
- Delek US Holdings Reports Second Quarter 2024 ResultsNet loss of $37.2 million or $(0.58) per share, adjusted net loss of $59.3 million or $(0.92) per share, adjusted EBITDA of $107.5 million Since the end of 1Q' 2024, we have successfully progressed our SOTP strategy: Delek US (DK): Entered into an agreement to sell our retail assets for $385 million Signed a fuel supply agreement with FEMSA for ten years Delek Logistics (DKL): DK & DKL agreed to amend and extend intercompany contracts for a period of up to seven years DK executed a drop-down of Wink to Webster ("W2W") into DKL DKL signed an agreement to acquire H2O Midstream, further adding to its third party cash flows DKL announced the final investmen
- Delek Logistics Reports Record Second Quarter 2024 ResultsNet income attributable to all partners of $41.1 million Quarterly EBITDA of $102.4 million Distributable cash flow of $67.8 million, DCF coverage ratio of 1.32x Following the end of the 2nd quarter we have made following strategic moves: Announced the acquisition of H2O Midstream for $230 million. It increases Delek Logistics' capabilities to continue to provide full suite of services to Delek Logistics' Permian customers Announced the acquisition of Delek US' interest in the Wink to Webster pipeline Amended and extended agreements with Delek US for a period of up to seven years Announced the final investment decision (FID) on a new gas processing plant adjacent to the
- Delek US Holdings to Host Second Quarter 2024 Conference Call on August 6thDelek US Holdings, Inc. (NYSE:DK) ("Delek US") today announced that the Company intends to issue a press release summarizing second quarter 2024 results before the U.S. stock market opens on Tuesday, August 6, 2024. A conference call to discuss these results is scheduled to begin at 11:00 a.m. CT (12:00 p.m. ET) on Tuesday, August 6, 2024. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refini
- Delek Logistics Partners, LP to Host Second Quarter 2024 Conference Call on August 6thDelek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing second quarter 2024 results before the U.S. stock market opens on Tuesday, August 6, 2024. A conference call to discuss these results is scheduled to begin at 12:30 p.m. CT (1:30 p.m. ET) on Tuesday, August 6, 2024. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LP Delek Logistics is a midstream energy master limited partnership headquartered i
- Delek Logistics Reports First Quarter 2024 ResultsNet income attributable to all partners of $32.6 million Quarterly EBITDA of $101.5 million Distributable cash flow of $68.0 million, DCF coverage ratio of 1.35x In 2024, successfully executed $850 million debt offering and $138 million equity offering: Improved liquidity from approximately $300.0 million to $800.0 million Added 3.6 million units for a total 47.2 million outstanding units and increased volume activity Improved leverage ratio to 4.01x from 4.34x at year-end 2023 Delivered 45 consecutive quarters of distribution growth with recent increase to $1.070/unit Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced its financial result
- Delek US Holdings Reports First Quarter 2024 ResultsNet loss of $32.6 million or $(0.51) per share, adjusted net loss of $26.2 million or $(0.41) per share, adjusted EBITDA of $158.7 million In 2024, successfully executed Delek Logistics debt and equity offerings: Improved liquidity to approximately $800 million Added 3.6 million DKL units for a total 47.2 million outstanding units and increased volume activity Improved leverage ratio to 4.01x from 4.34x at year-end 2023 Diluted DK ownership to 72.7% Paid $15.7 million of dividends and increased regular quarterly dividend to $0.250 per share in May Delek US Holdings, Inc. (NYSE:DK) ("Delek US", "Company") today announced financial results for its first quarter ended M
- Delek Logistics Partners, LP to Host First Quarter 2024 Conference Call on May 7thDelek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing first quarter 2024 results before the U.S. stock market opens on Tuesday, May 7, 2024. A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT (12:30 p.m. ET) on Tuesday, May 7, 2024. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LP Delek Logistics is a midstream energy master limited partnership headquartered in Bren
- Delek US Holdings to Host First Quarter 2024 Conference Call on May 7thDelek US Holdings, Inc. (NYSE:DK) ("Delek US") today announced that the Company intends to issue a press release summarizing first quarter 2024 results before the U.S. stock market opens on Tuesday, May 7, 2024. A conference call to discuss these results is scheduled to begin at 10:00 a.m. CT (11:00 a.m. ET) on Tuesday, May 7, 2024. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. About Delek US Holdings, Inc. Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, log
- Delek Logistics Reports Fourth Quarter 2023 Results and 2024 Capital ProgramFourth Quarter Net income attributable to all partners of $22.1 millionQuarterly EBITDA of $86.1 million, adjusted EBITDA of $100.9 millionDistributable cash flow of $64.6 million, DCF coverage ratio of 1.40xDelivered 44 consecutive quarters of distribution growth with recent increase to $1.055/unit2023 Full Year Net income attributable to all partners of $126.2 millionEBITDA of $370.3 million, adjusted EBITDA of $385.1 million Distributable cash flow of $248.2 million, DCF coverage ratio of 1.37xImproved leverage ratio to 4.34x from 4.89x at year-end 2022Grew Midland gathering & processing volumes nearly 80% Rewarded unitholders with continued distribution growth2024 Capital Program 2024 ca
- Delek US Holdings Reports Fourth Quarter 2023 Results and 2024 Capital ProgramFourth Quarter Net loss of $164.9 million or $2.57 per share, adjusted net loss of $93.2 million or $1.46 per share, adjusted EBITDA of $60.6 millionReturned $35.4 million to shareholders through dividends and share buybacksReduced debt by $38.2 millionRefining delivered record total throughput rateLogistics achieved another record quarter Increased regular quarterly dividend to $0.245 per share in FebruaryFull-Year 2023 Net income of $19.8 million or $0.30 per share, adjusted net income of $196.6 million or $2.98 per share, adjusted EBITDA of $949.7 millionReturned $145.7 million to shareholders through dividends and share buybacksReduced debt by $453.9 millionSuccessfully executed major tu
- Delek Logistics Partners, LP to Host Fourth Quarter 2023 Conference Call on February 27thBRENTWOOD, Tenn., Jan. 26, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing fourth quarter 2023 results before the U.S. stock market opens on Tuesday, February 27, 2024. A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT (12:30 p.m. ET) on Tuesday, February 27, 2024. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LPDelek Logistics is a midstream en
- Delek Logistics Partners, LP to Host Third Quarter 2023 Conference Call on November 7thBRENTWOOD, 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. A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT (12:30 p.m. ET) on Tuesday, November 7, 2023. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LPDelek Logistics is a midstream energ
- Delek US Holdings to Host Third Quarter 2023 Conference Call on November 7thBRENTWOOD, 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. A conference call to discuss these results is scheduled to begin at 10:00 a.m. CT (11:00 a.m. ET) on Tuesday, November 7, 2023. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. About Delek US Holdings, Inc.Delek US Holdings, Inc. is a diversified downstream ene
- Delek US Holdings Reports Second Quarter 2023 Results and Raises Quarterly DividendNet loss of $8.3 million or $0.13 per shareAdjusted net income of $65.2 million or $1.00 per shareAdjusted EBITDA of $259.4 millionPaid $15.0 million in dividends during the quarterRepurchased $40 million of shares during the quarter; $25 million subsequent to quarter endIncreased quarterly dividend to $0.235 per share in AugustBRENTWOOD, 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. "We are pleased with our results this quarter," said Avigal Soreq, President and Chief Executive Officer of Delek US. "Our refining segment had strong contributions driven from our wholes
- Delek Logistics Partners, LP to Host Second Quarter 2023 Conference Call on August 7thBRENTWOOD, 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. A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT (12:30 p.m. ET) on Monday, August 7, 2023. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LPDelek Logistics is a midstream energy mas
- Delek Logistics Reports First Quarter 2023 Net Income Attributable to All Partners of $37.4 millionEBITDA of $93.2 million Net income attributable to all partners of $37.4 millionRecord EBITDA of $93.2 millionDistributable cash flow of $61.8 millionMore than doubled volume in Midland Gathering compared with prior yearAdjusted distributable cash flow coverage ratio of 1.38xDelivered 41 consecutive quarters of distribution growth with recent increase to $1.025/unitBRENTWOOD, 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. This compares to net income attributab
- Delek US Holdings Reports First Quarter 2023 ResultsNet income of $64.3 million or $0.95 per shareAdjusted net income of $92.7 million or $1.37 per shareAdjusted EBITDA of $284.6 million, compared with $83.6 million from last yearGenerated $395.1 million of cash from operationsRepaid $281.0 million of consolidated debt, $327.4 million of Delek US Holdings debtRepurchased 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. "We delivered a strong quarter. Our team executed well, we capt
- Delek Logistics Partners, LP to Host First Quarter 2023 Conference Call on May 8thBRENTWOOD, 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. A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT (12:30 p.m. ET) on Monday, May 8, 2023. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LP Delek Logistics Partners, LP is a midstream ene
- Delek Logistics Reports Fourth Quarter 2022 Net Income Attributable to All Partners of $42.7 MillionEBITDA of $92.5 millionFourth Quarter Reported fourth quarter net income attributable to all partners of $42.7 millionRecord EBITDA of $92.5 millionFourth quarter adjusted distributable cash flow coverage ratio of 1.16xDelivered 40 consecutive quarters of distribution growth with recent increase to $1.02/unitSuccessfully completed 3 Bear integrationBRENTWOOD, Tenn., Feb. 28, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced its financial results for the fourth quarter 2022, with reported net income attributable to all partners of $42.7 million, or $0.98 per diluted common limited partner unit. This compares to net income attributable to all part
- Delek US Holdings Reports Fourth Quarter 2022 Results and Raises Quarterly Regular Dividend by $0.01 to $0.22 per shareFourth Quarter Net loss of $118.7 million for fourth quarter or $1.73 per shareAdjusted net income of $60.8 million or $0.88 per share, and Adjusted EBITDA of $220.9 million Returned $104.1 million to shareholders through dividends and share repurchasesRefining impacted by unplanned downtime Record contributions from Logistics businessInitiated sum of the parts valuation unlock initiativeLaunched cost reduction and process improvement effortsFull-Year 2022 Delivered $257.1 million of net income and $1,185.8 million of Adjusted EBITDAReturned $236.4 million to shareholders through dividends and share repurchases, $172.4 million in the second half of 2022Capital spending of $343.1 million, wit
- Delek Logistics Partners, LP to Host Fourth Quarter 2022 Conference Call on February 28thBRENTWOOD, Tenn., Jan. 30, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing fourth quarter 2022 results before the U.S. stock market opens on Tuesday, February 28, 2023. A conference call to discuss these results is scheduled to begin at 3:30 p.m. CT (4:30 p.m. ET) on Tuesday, February 28, 2023. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. About Delek Logistics Partners, LPDelek Logistics Partners, LP is a m
- Delek US Holdings Reports Third Quarter 2022 ResultsReported third quarter net income of $7.4 million or $0.10 per share Adjusted EBITDA of $135.8 million despite unfavorable inventory headwinds of $225.1 millionSecond consecutive quarter of strong operational performance with record 99% crude utilization4Q22 capital allocation guidance: buybacks $75 to $100 million, debt reduction $100 to $150 million, $0.01/sh dividend hikeProgressing sum of parts valuation unlock; Hired head of Corporate Development and formally retained bankersEvaluating opportunities to reduce cost structure and improve efficiency of the portfolioBRENTWOOD, Tenn., Nov. 7, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE:DK) ("Delek US", "Company") today announced finan
- Delek Logistics Partners, LP Reports Third Quarter 2022 ResultsReported third quarter net income attributable to all partners of $44.7 millionRecord EBITDA of $89.0 million including approximately $4.2 million of adverse acquisition related expensesThird quarter adjusted distributable cash flow coverage ratio of 1.62x; Total leverage ratio is 4.35xAchieved target to double Delek Permian Gathering volumes from 4Q21 to 3Q22 exit rateAmended credit agreement increases liquidity and improves debt maturity profileDelivered 39 consecutive quarters of distribution growth with recent increase to $0.99/unit; reflects 4.2% increase y/yBRENTWOOD, Tenn., Nov. 7, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced its fin
- Delek Logistics Partners, LP to Host Third Quarter 2022 Conference Call on November 7thBRENTWOOD, Tenn., Sept. 28, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics" or the "Partnership") today announced that the Partnership intends to issue a press release summarizing third quarter 2022 results before the U.S. stock market opens on Monday, November 7th, 2022. A conference call to discuss third quarter 2022 results is scheduled to begin at 8:30 a.m. CT (9:30 a.m. ET) on Monday, November 7th, 2022. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. Investors may also wish to listen t
- Delek US Holdings to Host Third Quarter 2022 Conference Call on November 7thBRENTWOOD, Tenn., Sept. 28, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE:DK) ("Delek US" or the "Company"") today announced that the Company intends to issue a press release summarizing third quarter 2022 results before the U.S. stock market opens on Monday, November 7th, 2022. A conference call to discuss these results is scheduled to begin at 9:30 a.m. CT (10:30 a.m. ET) on Monday, November 7th, 2022. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. Investors may also wish to listen to Delek Logistics Partners,
- Delek US Holdings Reports Second Quarter 2022 ResultsReported second quarter net income of $361.8 million or $5.05 per share and Adjusted EBITDA of $518.4 million Record refinery utilization rates and strong operational performance helped drive record quarterly resultsAnnounced special dividend of $0.20 per share on June 21, 2022Announced a regular quarterly dividend at $0.20 per share Board approved expanded share repurchase authorization program up to $400 millionDKL closed 3 Bear acquisition early on June 1, 2022; increases third party revenue, product mix and geographyStrong free cash generation led to improved cash balance with $1.24 billion of cash as of June 30, 2022BRENTWOOD, Tenn., Aug. 4, 2022 /PRNewswire/ -- Delek US Holdings, Inc.
- Delek Logistics Partners, LP Reports Second Quarter 2022 ResultsReported second quarter net income attributable to all partners of $32.2 millionEBITDA of $64.5 million including approximately $6.2 million of adverse acquisition related expensesDelivered 38 consecutive quarters of distribution growth with recent increase to $0.985/unit; reflects 4.8% increase y/yClosed 3 Bear acquisition on June 1, 2022; expands third party revenue, product mix and geography in Permian Delek Permian Gathering volumes expected to approximately double by end of 3Q22 from 4Q21 levelsBRENTWOOD, Tenn., Aug. 4, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced its financial results for the second quarter 2022. For the three months
- Delek Logistics Partners, LP to Host Second Quarter 2022 Conference Call on August 4thBRENTWOOD, Tenn., July 6, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing second quarter 2022 results before the U.S. stock market opens on Thursday, August 4, 2022. A conference call to discuss these results is scheduled to begin at 9:00 a.m. CT (10:00 a.m. ET) on Thursday, August 4, 2022. The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website. The online replay will be available on the website for 90 days. Investors may also wish to listen to Delek US Holdings, Inc.'s (NYSE:DK)
- Delek US Holdings to Host Second Quarter 2022 Conference Call on August 4thBRENTWOOD, Tenn., July 6, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE:DK) ("Delek US") today announced that the Company intends to issue a press release summarizing second quarter 2022 results before the U.S. stock market opens on Thursday, August 4, 2022. A conference call to discuss these results is scheduled to begin at 10:00 a.m. CT (11:00 a.m. ET) on Thursday, August 4, 2022. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. Investors may also wish to listen to Delek Logistics Partners, LP's (NYSE:DKL) ("Dele
- Delek Logistics Partners, LP Reports First Quarter 2022 ResultsReported first quarter net income attributable to all partners of $39.5 millionEBITDA of $66.0 million represented an increase of 12% y/yFirst quarter distributable cash flow coverage ratio of 1.21x and total leverage ratio of approximately 3.3xDeclared first quarter distribution of $0.98 per limited partner unit; reflects 6.5% increase y/yPlanned acquisition of 3Bear builds size and scale, offers geographic and product mix diversity and increases 3rd party revenuePermian Gathering business witnessing strong producer activity Delivered 37 consecutive quarters of distribution growth with recent quarterly increase to $0.98/unitDKL volumes expected to benefit from a lack of major planned turnar
- Delek US Holdings Reports First Quarter 2022 ResultsReported first quarter net income of $6.6 million or $0.09 per share and Adjusted EBITDA of $172.8 millionCompleted $64 million share acquisition from the Icahn Group at $18.30/share, reducing shares outstanding by ~5% Planned acquisition of 3Bear places us well on-track to achieve midstream EBITDA target of $365 - $395 millionAccelerating Permian Gathering activity provides growth opportunities and potential for attractive crude discountsPositioned to capture robust energy environment with no major turnaround activity planned in 2022Retrospectively transitioned Tyler, TX refinery from LIFO to FIFO inventory accounting methodologyMaintained strong balance sheet with $854 million of cash as o
- Delek US Holdings to Host First Quarter 2022 Conference Call on May 3rdBRENTWOOD, Tenn., April 20, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE:DK) ("Delek US") today announced that the Company intends to issue a press release summarizing first quarter 2022 results before the U.S. stock market opens on Tuesday, May 3, 2022. A conference call to discuss first quarter 2022 results is scheduled to begin at 11:00 a.m. CT (12:00 p.m. ET) on Tuesday, May 3, 2022. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor relations section of the website. The online replay will be available on the website for 90 days. Investors may also wish to listen to Delek Logistics Partners, LP's (NYSE:DKL)