Delek Logistics Q1 net income $37.4M; record EBITDA $93.2M; distribution raised to $1.025/unit

Delek Logistics Partners, LP

Net income $37.4M ($0.86/unit) vs $39.5M ($0.91/unit) in Q1 2022.
Record EBITDA of $93.2M, up from $66.0M YoY; distributable cash flow $61.8M vs $51.7M.
Gathering & Processing segment EBITDA $55.4M (up from $32.1M); Midland Gathering volumes more than doubled.
Quarterly distribution raised to $1.025/unit, 41st consecutive increase, payable May 15 to holders of record May 8.
Leverage ratio 4.78x; $129.4M available under $900M revolver.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

Delek Logistics Partners, LP reported first quarter 2023 results: net income net income attributable to all partners of $37.4 million, EPS $0.86 per diluted common limited partner unit.

Period: first quarter 2023
Net income: net income attributable to all partners of $37.4 million
EPS: $0.86 per diluted common limited partner unit
Result: reported results

Exact text from the filing

announced its financial results for the quarter ended March 31, 2023

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Delek Logistics Partners, LP filing history →

Source: SEC EDGAR

accession 0001552797-23-000031

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