Delek Logistics publishes third-quarter 2026 earnings call transcript
DKL•Delek Logistics raised its 2026 adjusted EBITDA guidance to $530 million-$560 million at its November 6 earnings call. Third-quarter adjusted EBITDA was approximately $143 million, and the quarterly distribution increased to $1.14 per unit.
1. Guidance and results
At its November 6 third-quarter earnings call, Delek Logistics raised 2026 adjusted EBITDA guidance to $530 million-$560 million. Third-quarter adjusted EBITDA was approximately $143 million, unchanged year over year, and the quarterly distribution increased to $1.14 per unit.
2. Spending and operations
The company expects growth spending of $180 million-$190 million to generate up to $15 million in annualized EBITDA, with an additional $60 million in 2027. Management expects its integrated sour gas system to start within weeks, driving substantially higher Libby plant utilization into early next year.
