Delek Logistics Partners releases transcript of first-quarter 2026 earnings call

Delek Logistics Partners LP
Delek US Holdings Inc

Delek Logistics Partners LP

DKL

0.00

Delek US Holdings Inc

DK

0.00

  • Delek Logistics discussed first-quarter 2026 results on April 29 with President, CEO and Chairman Avigal Soreq, Executive VP of Special Projects Reuven Spiegel, Executive VP and CFO Robert Wright, and Executive VP of Strategy, Business Development and Investor Relations Mohit Bhardwaj.
  • Adjusted EBITDA totaled $132 million; management reaffirmed full-year adjusted EBITDA guidance of $520 million to $560 million.
  • Winter storm Fern created about $10 million headwind; adjusted leverage ratio ended quarter at 4.05x.
  • Board raised quarterly distribution to $1.13 per unit, marking 53rd consecutive quarterly increase; distributable cash flow as adjusted was $72 million with coverage about 1.2x.
  • Management expects sour gas system utilization to reach capacity in 3 to 6 months; produced-water business tracked above expectations, while residue gas takeaway additions in second half seen supporting Permian activity as Waha pressure eases.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Delek Logistics Partners LP published the original content used to generate this news brief on April 30, 2026, and is solely responsible for the information contained therein.