Delek Logistics Reports Third Quarter 2026 Results
Business Wire•06/11/2026•06:30 ET
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Key Highlights
- ➤2026 adjusted EBITDA guidance raised to $530 million–$560 million
- ➤Third-quarter adjusted EBITDA reached $142.9 million, versus $142.5 million
- ➤55th consecutive quarterly distribution increase lifted payout to $1.140/unit
- ➤Leverage ratio declined to 3.85x after successful equity offering
- ➤Libby complex sour gas system completed, achieving first acid gas injection
Expert Statements
Avigal Soreq, President of Delek Logistics’ general partner
“Delek Logistics delivered another strong quarter in 2026, underscoring the durability of our integrated crude, gas, and water platform and the growing contribution from third-party cash flows.”
Avigal Soreq, President of Delek Logistics’ general partner
“We have completed the construction of our integrated sour gas system at the Libby Complex and are in the process of commissioning the facilities. With the growing demand for our sour gas treating and acid gas injection capabilities, DKL is increasingly positioned as a differentiated Delaware Basin midstream platform with a clear path to long-term value creation.”
Avigal Soreq, President of Delek Logistics’ general partner
“With the confidence in the business, we are increasing our 2026 adjusted EBITDA guidance of $520 to $560 million to $530 to $560 million.”
Avigal Soreq, President of Delek Logistics’ general partner
“In the 2026 guidance we have recognized approximately $15 million of growth related to growth capital spend within the year with an additional $60 million in EBITDA growth expected in 2027 related to this capital spend.”
Avigal Soreq, President of Delek Logistics’ general partner
“This strong adjusted EBITDA growth, coupled with our successful third quarter equity offering and strengthened balance sheet, supports a more diversified cash flow profile and is enabled by disciplined management of liquidity and leverage.”
Avigal Soreq, President of Delek Logistics’ general partner
“As we plan for 2027, we remain focused on executing on growth opportunities and continuing our economic separation and deconsolidation path from our sponsor,”
* Delek Logistics reported net income of $47.4 million or $0.85 per unit, and adjusted EBITDA of $142.9 million
* Completed the construction of the integrated sour gas processing, treating, and handling solution at the Libby complex, successfully achieving first acid gas injection during the quarter
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