Delek Logistics Partners reported third-quarter 2026 net income of $47.4 million, or $0.85 per diluted unit, with adjusted EBITDA of $142.9 million. The company raised its full-year 2026 adjusted EBITDA guidance to a range of $530 million to $560 million from the previous $520 million to $560 million estimate, citing strong operational performance and contributions from organic growth projects. Management also highlighted the completion of an equity offering that strengthened the balance sheet, reducing the leverage ratio to 3.85x. Additionally, Delek Logistics declared a quarterly cash distribution of $1.140 per unit, marking its 55th consecutive quarterly increase. The company operates in the midstream energy sector, providing gathering, pipeline transportation, storage, and water disposal services primarily in the Permian and Delaware Basins.
