earnings
confidence high
sentiment positive
materiality 0.75
Delek Logistics Q3 net income $45.6M, Adjusted EBITDA $136.0M (up 27% YoY), raises FY guidance to $500-520M
Delek Logistics Partners, LP
- Net income $45.6M ($0.85/unit) vs $33.7M ($0.71) in Q3 2024; record crude gathering volumes in Delaware.
- Adjusted EBITDA $136.0M, +27% YoY; full-year 2025 guidance raised to $500-$520M.
- Q3 distribution increased to $1.120/unit (51st consecutive quarterly increase), payable Nov 13.
- Gathering & Processing segment EBITDA $82.8M (up from $55.0M) driven by Gravity and H2O Midstream.
- Total debt $2.3B, leverage 4.44x, $1.0B available under $1.2B revolver.