Welcome to our dedicated page for DELEK LOGISTICS PARTNERS, LP news (Ticker: DKL), a resource for investors and traders seeking the latest updates and insights on DELEK LOGISTICS PARTNERS, LP stock.
Delek Logistics Partners, LP reports news on a midstream energy master limited partnership that owns assets and participates in joint ventures in the Permian Basin, Delaware Basin and Gulf Coast region. Its updates center on gathering, pipeline and transportation services for crude oil and natural gas customers; storage, wholesale marketing and terminalling for intermediate and refined products; and water disposal and recycling services.
Recurring developments include quarterly operating results, cash distributions on common limited partner units, senior note and credit-facility activity, and project updates tied to sour gas processing, treating and handling at the Libby Gas Complex. Company news also reflects its relationship with Delek US Holdings, which owns the general partner interest and a majority limited partner interest and is a significant customer.
Delek US Holdings (NYSE: DK) welcomes the Trump Administration and U.S. Environmental Protection Agency decision to grant Small Refinery Exemptions (SREs) for the 2025 compliance year. According to Delek US, the decision supports American jobs, enables increased capital investment in its refineries in Arkansas, Texas and Louisiana, and helps maintain reliable, affordable energy while strengthening U.S. energy infrastructure.
Delek Logistics Partners (NYSE: DKL) closed its previously announced underwritten public offering of 4,600,000 common units, including 600,000 from the underwriters’ option, at $50.00 per unit. The partnership expects approximately $220.8 million in gross proceeds, after underwriting fees and commissions and before other offering expenses.
According to Delek Logistics, proceeds will be used to repay outstanding borrowings under its revolving credit agreement and for general partnership purposes. Delek US Holdings (NYSE: DK) did not purchase units, reducing its ownership in Delek Logistics from 63.0% to approximately 58.0%. Truist Securities, Mizuho and Raymond James acted as joint book-running managers.
Delek Logistics Partners (NYSE: DKL) priced an underwritten public offering of 4,000,000 common units at $50.00 per unit under its effective shelf registration. The partnership granted underwriters a 30‑day option to buy up to 600,000 additional units.
Delek Logistics plans to use net proceeds to repay borrowings under its revolving credit agreement and for general partnership purposes. Delek US Holdings will not purchase units, and its ownership is expected to fall from 63.0% to about 58.0%, assuming full exercise of the underwriters’ option. Closing is expected on August 14, 2026, subject to customary conditions.
Delek Logistics Partners (NYSE: DKL) has commenced an underwritten public offering of $175 million of common units representing limited partner interests, under an effective shelf registration statement filed with the SEC. The partnership intends to grant underwriters a 30-day option to purchase up to an additional $26.25 million of common units.
According to Delek Logistics, net proceeds, including any from the underwriters’ option, are expected to be used to repay borrowings under its revolving credit agreement and for general partnership purposes. The offering’s completion, size and terms remain subject to market and other conditions.
Delek Logistics (NYSE: DKL) reported second quarter 2026 net income of $28.9 million, or $0.54 per diluted unit, versus $44.6 million or $0.83 a year earlier. EBITDA was $120.0 million and Adjusted EBITDA rose to $143.5 million from $127.4 million, supported mainly by the DPG business and higher margins and interest income related to sales-type leases.
Distributable cash flow, as adjusted, increased to $80.5 million, while net cash from operating activities declined to $71.2 million from $107.4 million. The partnership declared its 54th consecutive quarterly distribution increase to $1.135 per unit, up 1.8% year over year, payable August 10, 2026. Delek Logistics reaffirmed 2026 EBITDA guidance of $520–$560 million, reported total debt of about $2.4 billion, cash of $13.7 million, and a leverage ratio of roughly 4.23x with $1.1 billion of available revolver capacity. The company highlighted near-completion of its integrated sour gas system at the Libby Complex and record crude oil gathered volumes at DDG.
Delek US (NYSE: DK) reported second quarter 2026 net income attributable to Delek of $169.5 million, or $2.71 per diluted share, versus a loss of $106.4 million, or $(1.76) per share, a year earlier. Adjusted net income was $343.9 million, or $5.48 per share, and adjusted EBITDA was $638.7 million versus $177.9 million in 2025; excluding the RVO adjustment, adjusted EPS was $3.64 and adjusted EBITDA $490.1 million.
The refining segment generated adjusted EBITDA of $566.2 million, up from $114.8 million, supported by benchmark crack spreads that were on average 136% higher year over year, partly offset by a $(157.3) million inventory adjustment. Delek Logistics (NYSE: DKL) delivered record adjusted EBITDA of $143.5 million, compared with $127.4 million, and is described as on track for its $520–$560 million 2026 EBITDA guidance.
Delek US ended June 30, 2026 with $628.6 million in cash and total consolidated long‑term debt of $3.19 billion. Excluding Delek Logistics, cash was $614.9 million and long‑term debt $817.0 million, for net debt of $202.1 million. The company repurchased $20.0 million of DK stock, paid $15.6 million of dividends, and the board declared a regular quarterly dividend of $0.255 per share, payable August 10, 2026, to shareholders of record on August 3, 2026.
Delek US Holdings (NYSE:DK) announced that its Board of Directors approved a quarterly dividend of $0.255 per share. The dividend is scheduled to be paid on August 10, 2026 to shareholders of record as of August 3, 2026.
Delek Logistics Partners (NYSE: DKL) declared a second quarter 2026 cash distribution of $1.135 per common limited partner unit, equivalent to $4.54 on an annualized basis. The distribution will be paid on August 10, 2026 to unitholders of record as of August 3, 2026.
Delek Logistics, a midstream MLP focused on gathering, pipelines, transportation, storage and related services in the Permian, Delaware Basin and Gulf Coast, noted that Delek US Holdings (NYSE: DK) owns its general partner and a majority limited partner interest. The company also issued a qualified tax notice stating that 100% of distributions to foreign investors are effectively connected income subject to U.S. federal withholding at the highest applicable rates, with nominees treated as the withholding agents.
Delek US Holdings (NYSE: DK) will release its second quarter 2026 financial results before the U.S. market opens on Wednesday, August 5, 2026. A conference call to discuss these results is scheduled for 10:00 a.m. CT (11:00 a.m. ET) the same day.
The live webcast will be accessible via the investor relations section of www.DelekUS.com. According to Delek US, a supplemental financial presentation will be posted at ir.delekus.com prior to the call and will not be furnished on Form 8-K. An online replay will be available for 90 days.
Delek Logistics Partners (NYSE: DKL) plans to release its second quarter 2026 financial results before the U.S. market opens on Wednesday, August 5, 2026. A conference call to discuss these results will follow at 11:30 a.m. CT (12:30 p.m. ET), with a live webcast and 90-day online replay available at www.DelekLogistics.com in the webcasts section.