Business

Delek Logistics Reports Record First Quarter 2025 Results

BRENTWOOD, Tenn., May 07, 2025--Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the first quarter 2025.

articleDelek Logistics Partners, L.p.May 7, 202520/company/delek-logistics-partners-lp/news/delek-logistics-reports-record-first-110000934
Delek Logistics Reports Record First Quarter 2025 Results

About this update from Delek Logistics Partners, L.p.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":480,"url":"https://media.zenfs.com/en/business-wire.com/211eb5d3f0f6fe165aad8a65b4f83207"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/l9wCblTAbaTFrsxEoa_0rQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTk2MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/211eb5d3f0f6fe165aad8a65b4f83207","width":480,"height":480}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"Net income of $39.0 million","length":27,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Reported Adjusted EBITDA of $116.5 million up 15% year over year","length":64,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"On track to deliver $480 million to $520 million in full year Adjusted EBITDA","length":77,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Announced additional intercompany agreements with Delek US increasing the third-party EBITDA contribution to ~80%","length":113,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Started commissioning of the new Libby 2 plant, providing a much needed processing capacity expansion in Lea County, NM","length":119,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Closed the acquisition of Gravity Water Midstream ("Gravity") on January 2nd which is already performing above expectations","length":133,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Acquired $10 million worth of DKL units from DK under the previously announced $150 million buyback authorization","length":113,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Continued our consistent distribution growth policy with recent increase to $1.110/unit","length":87,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":733,"olType":false},{"type":"text","content":"BRENTWOOD, Tenn., May 07, 2025--(BUSINESS WIRE)--Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the first quarter 2025.","length":185,"tagName":"p"},{"type":"text","content":""Delek Logistics started 2025 on a strong note enhancing our position as a premier midstream provider in the Permian basin. We provide the best combination of yield and...

More updates from Delek Logistics Partners, L.p.

Delek LogisticsDelek Logistics Partners, LPDelekNet incomeNet income