Welcome to our dedicated page for Delek Logistics Partners Lp news (Ticker: DKL), a resource for investors and traders seeking the latest updates and insights on Delek Logistics Partners Lp stock.
Delek Logistics Partners, LP reports news on a midstream energy master limited partnership that owns assets and participates in joint ventures in the Permian Basin, Delaware Basin and Gulf Coast region. Its updates center on gathering, pipeline and transportation services for crude oil and natural gas customers; storage, wholesale marketing and terminalling for intermediate and refined products; and water disposal and recycling services.
Recurring developments include quarterly operating results, cash distributions on common limited partner units, senior note and credit-facility activity, and project updates tied to sour gas processing, treating and handling at the Libby Gas Complex. Company news also reflects its relationship with Delek US Holdings, which owns the general partner interest and a majority limited partner interest and is a significant customer.
Delek Logistics Partners (NYSE:DK) reported results of its tender offer for any and all outstanding 7.125% Senior Notes due 2028. As of the May 11, 2026 expiration, holders tendered $270,721,000 in principal, representing 67.7% of the notes.
Subject to conditions, including completion of a concurrent bond offering and sufficient liquidity, settlement is expected on May 14, 2026. Accepted notes will receive $1,001.35 per $1,000 principal, plus accrued and unpaid interest.
Delek Logistics Partners (NYSE: DKL) priced $800 million of 6.875% senior notes due 2034 at par, expected to close on May 14, 2026 subject to customary conditions. Proceeds will fund a tender offer to repurchase outstanding 7.125% notes due 2028, redeem part of the 8.625% notes due 2029, pay related premiums, fees and expenses, and for general corporate purposes.
The Notes are offered to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S and are unregistered under the Securities Act.
Delek Logistics (NYSE: DKL) commenced a cash tender offer to purchase any and all of its outstanding 7.125% Senior Notes due 2028 for $1,001.35 per $1,000 principal plus accrued interest. The Offer expires May 11, 2026 at 5:00 p.m. ET, with settlement expected May 14, 2026 if conditions are met.
The Offer is contingent on a concurrent bond offering and receipt of net proceeds (the Financing Condition) and may be amended, extended, or terminated at the Offerors' discretion. Dealer manager: Wells Fargo Securities; Tender Agent: D.F. King.
Delek Logistics (NYSE: DKL) intends to privately offer $800 million aggregate principal of senior notes due 2034 in a Rule 144A/Reg S placement. Net proceeds are earmarked to repurchase all outstanding 7.125% notes due 2028, redeem part of the 8.625% notes due 2029, and pay related premiums, fees, and expenses, with any remaining proceeds for general corporate purposes. The Notes and guarantees are unregistered and may not be offered or sold in the U.S. absent an applicable exemption; the offering is subject to market conditions.
Delek Logistics (NYSE: DKL) reported Q1 2026 net income of $32.4 million ($0.60/unit) and Adjusted EBITDA $132.3 million. Net cash from operations was $170.4 million. Declared quarterly distribution of $1.130/unit (1.8% increase) and completed first AGI well at Libby Complex. Revolver capacity increased by $150 million; total debt ~$2.3 billion and leverage ~4.05x.
Delek US Holdings (NYSE: DK) reported a Q1 2026 GAAP net loss of $201.3 million and adjusted EBITDA of $211.7 million. The company completed the Big Spring refinery turnaround on time and within budget, raised EOP run-rate cash improvements to ~$220 million, refinanced revolving facilities adding $300 million capacity and extended maturities to 2031, and declared a $0.255 quarterly dividend. Cash was $624.1 million with consolidated net debt of $2,559.0 million as of March 31, 2026.
Delek Logistics (NYSE: DKL) declared a quarterly cash distribution of $1.13 per common limited partner unit for Q1 2026, equal to $4.52 annualized. The distribution is payable on May 11, 2026 to unitholders of record as of May 4, 2026.
Delek US Holdings (NYSE:DK) announced a quarterly cash dividend of $0.255 per share, payable on May 8, 2026 to shareholders of record as of May 1, 2026.
The Board approved the dividend as a routine cash distribution to common shareholders.
Delek Logistics Partners (NYSE: DK) will issue a first quarter 2026 results release and host a conference call on April 29, 2026. The company plans to release results before the U.S. market opens and discuss them on a call at 11:30 a.m. CT (12:30 p.m. ET).
The live webcast will be available at the company's website and an online replay will remain accessible for 90 days.
Delek US Holdings (NYSE: DK) will release first quarter 2026 results before the U.S. market opens on Wednesday, April 29, 2026, and host a conference call at 9:00 a.m. CT (10:00 a.m. ET) the same day.
The live webcast and a supplemental presentation will be available via the company's investor relations website; the presentation will not be furnished on a Form 8-K. An online replay will remain available for 90 days.