secwatch.observer — SEC 8-K summary
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Issuer:     Delek Logistics Partners, LP (DKL)
CIK:        0001552797
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001552797-24-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Delek Logistics Q1 2024: net income $32.6M ($0.73/unit), EBITDA $101.5M, distribution $1.07/unit
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- Net income attributable to all partners of $32.6M ($0.73/diluted unit) vs $37.4M ($0.86) in Q1 2023.
- EBITDA $101.5M (up from $93.2M); distributable cash flow $68.0M, coverage ratio 1.35x.
- Distribution increased to $1.07/unit; 45th consecutive increase; 1.4% QoQ, 4.4% YoY.
- Leverage ratio improved to 4.01x from 4.34x; liquidity ~$800M after debt and equity offerings.
- Segment EBITDA: Gathering & Processing $57.8M, Wholesale Marketing $25.3M, Storage & Transportation $18.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1552797/000155279724000037/0001552797-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1552797/000155279724000037/dkl-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001552797-24-000037

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