Quarterly ResultAug 5, 2026, 06:41 AM
Delek Logistics Q2 Net Income $28.9M; Adjusted EBITDA $143.5M
AI Summary
Delek Logistics Partners reported its second quarter 2026 financial results, with net income decreasing to $28.9 million ($0.54 per unit) from $44.6 million ($0.83 per unit) year-over-year. However, Adjusted EBITDA increased to $143.5 million from $127.4 million, and distributable cash flow, as adjusted, rose to $80.5 million. The company also announced its 54th consecutive quarterly distribution increase to $1.135 per unit and reaffirmed its 2026 EBITDA guidance of $520 million to $560 million, citing strong operational performance and strategic progress.
Key Highlights
- Reported Q2 2026 net income of $28.9 million, or $0.54 per unit, down from $44.6 million ($0.83 per unit) in Q2 2025.
- Achieved Q2 2026 Adjusted EBITDA of $143.5 million, up from $127.4 million in Q2 2025.
- Net cash provided by operating activities was $71.2 million in Q2 2026, compared to $107.4 million in Q2 2025.
- Distributable cash flow, as adjusted, increased to $80.5 million in Q2 2026 from $72.5 million in Q2 2025.
- Declared a quarterly cash distribution of $1.135 per unit, marking the 54th consecutive quarterly increase.
- Reiterated 2026 EBITDA guidance of $520 million to $560 million.
- Gathering and Processing segment Adjusted EBITDA rose to $104.1 million from $78.0 million YoY.
- Wholesale Marketing and Terminalling Adjusted EBITDA decreased to $12.6 million from $23.3 million YoY.
Price Impact
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