Delek Logistics Q3 2026 results lift FY2026 EBITDA outlook and mark 55th straight distribution increase
Delek Logistics Partners reported third‑quarter 2026 adjusted EBITDA of $143 million and revenue of $372.4 million, with non‑GAAP EPS of $0.85. The partnership declared a quarterly cash distribution of $1.14 per unit, its 55th consecutive increase. Management raised full‑year 2026 adjusted EBITDA guidance to a range of $530 million‑$560 million, citing progress on its sour‑gas system and a leverage ratio of 3.85× after a $220 million equity raise.
Why it matters
The raised EBITDA outlook signals stronger earnings potential for 2026 (the company raised guidance to $530‑$560 million)【9】. A higher distribution and lower leverage (3.85×) improve cash returns and financial flexibility for unit holders【2】【10】.
Key facts
- 1Adjusted EBITDA for Q3 2026 was $143 million. tradingview.com
- 2Revenue for Q3 2026 was $372.4 million. tradingview.com
- 3Non‑GAAP EPS for Q3 2026 was $0.85 per share. seekingalpha.com
- 4Quarterly cash distribution was increased to $1.14 per unit. stocktitan.net
- 5Full‑year 2026 adjusted EBITDA guidance was raised to $530 million‑$560 million. seekingalpha.com
- 6Leverage ratio at quarter‑end was 3.85×. stocktitan.net
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.