Delek Logistics Q3 revenue beats analyst expectations
DKL•Delek Logistics reported Q3 revenue of $372.44 million, above the $353.54 million analyst consensus, while net income was $47.42 million and adjusted EBITDA was $142.90 million. The company raised its 2026 adjusted EBITDA guidance to $530 million-$560 million.
1. Quarterly results
Q3 revenue was $372.44 million, compared with analyst expectations of $353.54 million. Net income was $47.42 million and adjusted EBITDA was $142.90 million; both were little changed from a year earlier.
2. Raised guidance
Delek Logistics raised its 2026 adjusted EBITDA guidance to $530 million-$560 million, citing strong operational performance. It expects $60 million in incremental adjusted EBITDA in 2027 from its 2026 growth capital program and sees growing demand for sour gas treating and acid gas injection services. Higher gathering and processing margins and commissioning of an integrated sour gas system at the Libby Complex contributed to results; termination of an East Texas marketing agreement and lower wholesale margins weighed on segment results.
