secwatch.observer — SEC 8-K summary
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Issuer:     Delek Logistics Partners, LP (DKL)
CIK:        0001552797
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0001552797-23-000070
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1552797/000155279723000070/0001552797-23-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1552797/000155279723000070/dkl-20230807.htm
  HTML page:      https://secwatch.observer/filing/0001552797-23-000070

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