Doug Irwin
Analyst, Citi
Replay available
Delek Logistics Partners LP (DKL) Q2 2025 Earnings Call
Delek Logistics Partners LP (NYSE: DKL) Q2 2025 earnings conference call, held 2025-08-06. Replay captured from the company's public earnings webcast.
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Avigal Sodek
President & CEO
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Watch the replay and follow the connected company analysis, news, and investor updates for Delek Logistics Partners, L.p..
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:03.215 to differ are included in our SEC filings. 00:00:03.215 -- 00:00:07.060 The company assumes no obligation to update any forward-looking statements. 00:00:07.060 -- 00:00:09.603 I will now turn the call over to Abigail for opening remarks. 00:00:09.603 -- 00:00:12.306 Abigail? Thank you, Robert. 00:00:12.306 -- 00:00:16.071 The electric logistics partner had another record quarter. 00:00:16.071 -- 00:00:19.195 We reported approximately $120 00:00:19.195 -- 00:00:22.939 million in quarterly adjusted EBITDA. 00:00:22.939 -- 00:00:27.987 DKL is on track to deliver its full EBITDA guidance of $480 to 00:00:27.987 -- 00:00:29.969 $520 00:00:29.969 -- 00:00:31.751 million. Delac 00:00:31.751 -- 00:00:36.917 Logistics continues to make substantial progress in improving its position as 00:00:36.917 -- 00:00:42.062 a premier pool service, crude, natural gas, and water provider 00:00:42.062 -- 00:00:45.626 in the most prolific areas of the Permian Basin. 00:00:45.626 -- 00:00:51.931 During the quarter, we successfully completed the commissioning of the new LIBI plant. 00:00:52.013 -- 00:00:57.381 We are very excited about the opportunities this expansion has opened for us and expect 00:00:57.381 -- 00:01:02.306 to fill the plant to capacity in the second half of 2025. 00:01:02.306 -- 00:01:07.612 This expansion and our ongoing efforts on acid gas injection and 00:01:07.612 -- 00:01:12.778 sour gas handling capabilities will further improve our natural gas offering 00:01:12.778 -- 00:01:14.900 in the Delaware Basin. 00:01:14.900 -- 00:01:20.126 I'm also very pleased with our crude and water gathering operations. 00:01:20.126 -- 00:01:25.331 Both DPG and DDG crude gathering operations have started the 00:01:25.331 -- 00:01:30.607 second half of...