Earnings ·
Delek Logistics Partners reported second quarter 2026 net income of $28.9 million ($0.54 per unit), down from $44.6…
DKLDelek Logistics Partners, LP
Delek Logistics Partners reported second quarter 2026 net income of $28.9 million ($0.54 per unit), down from $44.6 million in the prior year period. Adjusted EBITDA rose to $143.5 million, up from $127.4 million, driven by higher margins and increased interest income from sales-type leases. The company reaffirmed its 2026 EBITDA guidance of $520 million to $560 million. Delek Logistics declared a quarterly cash distribution of $1.135 per unit, representing a 1.8% increase over the prior year's $1.115 per unit; this marks the 54th consecutive quarterly distribution increase. The dividend is payable on August 10, 2026, to unitholders of record on August 3, 2026. Additionally, Mark Hobbs transitioned to Executive Vice President and Kris Kindrick joined as Senior Vice President, Commercial. Delek Logistics operates in the midstream energy sector, providing gathering, pipeline transportation, storage, wholesale marketing, terminalling, and water disposal services primarily for crude oil and natural gas customers.