secwatch.observer — SEC 8-K summary
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Issuer:     Delek Logistics Partners, LP (DKL)
CIK:        0001552797
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001552797-23-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1552797/000155279723000031/0001552797-23-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1552797/000155279723000031/dkl-20230508.htm
  HTML page:      https://secwatch.observer/filing/0001552797-23-000031

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