UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35721 DELEK LOGISTICS PARTNERS, LP (Exact name of registrant as specified in its charter) Delaware 45-5379027 (State or other jur ...

Financial Data and Key Metrics Changes - Delek Logistics Partners reported a quarterly adjusted EBITDA of $102.4 million, an increase from $92.8 million in the same period of 2023, reflecting a strong performance [3][7] - The distributable cash flow (DCF) was $68 million, with a DCF coverage ratio of 1.32 times [7] - Leverage improved to 3.81 times at the end of Q2 2024, down from 4.84 at the end of 2022 and 4.34 at the end of 2023 [7] Business Line Data and Key Metrics Changes - Gathering and Processing segment EBITDA was $54.7 million, up from $52.6 million in Q2 2023, driven by higher throughput from Permian Basin assets [7] - Wholesale Marketing and Terminalling EBITDA increased to $30.2 million from $28 million in the prior year, primarily due to higher terminal utilization [8] - Storage and Transportation EBITDA rose to $16.8 million from $15 million in Q2 2023, mainly due to higher storage and transportation rates [8] - The investment in pipeline joint venture segment contributed $7.9 million, compared to $7.3 million in the same quarter of 2023 [8] Market Data and Key Metrics Changes - The company is positioned as a premier full-service crude water and natural gas provider in the Permian Basin, enhancing its market presence through strategic transactions [3][4] Company Strategy and Development Direction - The company announced an amendment to the contract with DK, extending terms to up to seven years, which alleviates previous uncertainties [4] - Investment in a new gas processing plant is expected to generate cash on cash returns exceeding 20%, with completion anticipated in the first half of 2025 [4] - The acquisition of H2O Midstream for $160 million in cash and $70 million in preferred equity is expected to be immediately accretive to EBITDA and free cash flow, further expanding the company's midstream capabilities [5] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, emphasizing prudent liquidity and leverage management [7] - The company is optimistic about future customer opportunities and operational efficiencies resulting from the H2O Midstream acquisition [12] - The new gas processing plant is already highly subscribed, indicating strong demand and future growth potential [14] Other Important Information - The Board of Directors approved an increase in the quarterly distribution to $1.09 per unit, reflecting a commitment to delivering value to unitholders [5] Q&A Session Summary Question: Insights on H2O Midstream acquisition and future customer opportunities - Management highlighted that the acquisition allows for a more comprehensive view of customer deals, operational efficiencies, and relevant infrastructure for both services, making it a highly synergistic deal [12] Question: Timing and future gas processing opportunities related to the new Delaware gas plant - Management confirmed that the new gas plant is expected to be completed in the first half of 2025 and is already seeing strong demand from producers [14] Question: Clarification on the $55 million to $85 million EBITDA range for the recent transaction - Management explained that the range is based on three main components, with the majority of the EBITDA expected to come from the base business rather than synergies [16] Question: Funding expectations for cash components of transactions - Management clarified that while units are changing hands, the net amount is minimal, and the transactions are structured to be tax efficient [18]

Investor Update August 6, 2024 Delek LOGISTICS J Disclaimers Forward Looking Statements: Delek US Holdings, Inc. ("Delek US") and Delek Logistics Partners, LP ("Delek Logistics"; and collectively with Delek US, "we" or "our") are traded on the New York Stock Exchange in the United States under the symbols "DK" and "DKL", respectively. These slides and any accompanying oral and written presentations contain forward-looking statements within the meaning of federal securities laws that are based upon current e ...

Exhibit 99.1 Delek Logistics Reports Record Second Quarter 2024 Results • Net income attributable to all partners of $41.1 million • Quarterly EBITDA of $102.4 million • Distributable cash flow of $67.8 million, DCF coverage ratio of 1.32x • Following the end of the 2nd quarter we have made following strategic moves: • Announced the acquisition of H2O Midstream for $230 million. It increases Delek Logistics' capabilities to continue to provide full suite of services to Delek Logistics' Permian customers • A ...

imaginima Partnership Overview MVC Provisions Are Attractive The partnership announced Q1 2024 earnings, highlighting very strong financials, Despite the strong agreement between Delek Logistics and its parent company Delek Holdings, I think the move away from overdependence to their parent company is a major positive. In their investor presentation, they highlight that they will "continue to focus on growing third party revenues". I believe this third party focus is smart because it opens up the partnershi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35721 DELEK LOGISTICS PARTNERS, LP (Exact name of registrant as specified in its charter) | Delaware | | | 45-5379027 | | --- | ...

Delek Logistics Partners, LP (NYSE:DKL) Q1 2024 Results Conference Call May 7, 2024 12:30 PM ET Company Participants Rosy Zuklic - Vice President, Investor Relations Avigal Soreq - President Reuven Spiegel - Executive Vice President & Chief Financial Officer Odely Sakazi - Senior Vice President, Delek Logistics Conference Call Participants Doug Irwin - Citigroup Neal Dingmann - Truist Securities Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today. A ...

Exhibit 99.1 Delek Logistics Reports First Quarter 2024 Results BRENTWOOD, Tenn., May 7, 2024 -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced its financial results for the first quarter 2024, with reported net income attributable to all partners of $32.6 million, or $0.73 per diluted common limited partner unit. This compares to net income attributable to all partners of $37.4 million, or $0.86 per diluted common limited partner unit, in the first quarter 2023. The decrease i ...

BRENTWOOD, Tenn., March 12, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") announced today that it has closed its previously announced underwritten public offering of 3,584,416 common units representing limited partner interests in Delek Logistics, including 467,532 common units sold pursuant to the underwriters' full exercise of their option to purchase additional common units, at a price of $38.50 per unit. Delek Logistics intends to use the gross proceeds of approximate ...

BRENTWOOD, Tenn., March 11, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") and Delek Logistics Finance Corp., a subsidiary of Delek Logistics (together with Delek Logistics, the "Offerors"), announced today that they have received, as of 5:00 p.m., New York City time, on March 8, 2024 (the "Expiration Time"), tenders from holders of $155,991,000 in aggregate principal amount (excluding tenders through guaranteed delivery procedures), representing approximately 62.4%, of th ...