Delek Logistics Q2 2023 EBITDA up 44% to $92.8M; distribution raised to $1.035/unit

Delek Logistics Partners, LP

Net income $31.9M ($0.73/diluted unit) vs $32.2M ($0.74) in Q2 2022.
EBITDA $92.8M, up 44% from $64.5M YoY; distributable cash flow $60.5M (coverage ratio 1.34x).
42nd consecutive quarterly distribution increase: $1.035/unit, up 1.0% QoQ and 5.1% YoY.
Gathering & Processing segment EBITDA $52.7M, up from $38.5M YoY, driven by Midland Gathering volume doubling.
Total debt $1.74B, leverage 4.66x, revolver availability $89M.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.98

Delek Logistics Partners, LP reported the quarter ended June 30, 2023 results: net income $31.9 million, EPS $0.73 per diluted common limited partner unit.

Period: the quarter ended June 30, 2023
Net income: $31.9 million
EPS: $0.73 per diluted common limited partner unit
Result: reported results

Exact text from the filing

Delek Logistics Partners, LP (the “Partnership”) announced its financial results for the quarter ended June 30, 2023.

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3 earnings releases filed in the last 30 days. Browse all earnings releases →

Delek Logistics Partners, LP filing history →

Source: SEC EDGAR

accession 0001552797-23-000070

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