secwatch.observer — SEC 8-K summary
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Issuer:     Delek Logistics Partners, LP (DKL)
CIK:        0001552797
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001552797-23-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Delek Logistics Q4 net income $42.7M, record EBITDA $92.5M; distribution raised to $1.02/unit
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- Net income attributable to all partners $42.7M ($0.98/unit) vs $41.7M ($0.96) in Q4 2021.
- Record EBITDA of $92.5M, up from $69.7M in Q4 2021; distributable cash flow $51.4M.
- Quarterly distribution increased 3% to $1.02/unit (40th consecutive increase); annualized $4.08; coverage ratio 1.16x.
- Total debt $1.66B, cash $8.0M; leverage ratio 4.89x; revolver capacity $179.5M.
- Segment realignment: new gathering and processing segment; 3 Bear acquisition integration completed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1552797/000155279723000006/0001552797-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1552797/000155279723000006/dkl-20230228.htm
  HTML page:      https://secwatch.observer/filing/0001552797-23-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer