Delek Logistics Partners LP reported a quarterly record adjusted EBITDA of $144 million for the second quarter of 2026, up from $127 million in the same period last year, and reaffirmed its full-year 2026 adjusted EBITDA guidance of $520 million to $560 million. The company also announced its 54th consecutive quarterly distribution increase, raising the payout to $1.135 per unit. Gathering and Processing segment adjusted EBITDA surged to $104 million from $78 million a year ago, driven by record Delaware crude gathering volumes of over 157,000 barrels per day and produced water volumes exceeding 687,000 barrels per day. Wholesale Marketing and Terminalling adjusted EBITDA fell to $13 million from $23 million, while Storage and Transportation adjusted EBITDA edged down to $16 million from $17 million. The company issued $800 million in senior notes due 2034 to refinance debt, reducing annual interest costs, and maintained liquidity of approximately $1.1 billion, though leverage rose to 4.23 times.
Delek Logistics Partners LPRecord adjusted EBITDA, reaffirmed guidance, distribution increase, and debt refinancing reducing interest costs.
