BRENTWOOD, Tenn., March 6, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) today announced that 2023 K-1 tax packages are now available on our third-party provider's website, https://www.taxpackagesupport.com/DelekLogistics. Printing and mailing of these tax packages are currently underway. Questions regarding the 2023 Tax Reporting Package can be addressed by contacting 1-833-263-0144 between 8:00 a.m. and 5:00 p.m. CST, Monday through Friday. About Delek Logistics Partners, LPDelek Logistics ...

BRENTWOOD, Tenn., Feb. 28, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek Logistics, priced an upsized offering of $650 million in aggregate principal amount of 8.625% senior notes due 2029 (the "Notes") at par. The aggregate principal amount of the offering was increased from the previously announced offering size of $550 million. The offering is expected to close March 13, 2024, subj ...

BRENTWOOD, Tenn., Feb. 28, 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 commenced a cash tender offer (the "Offer") for any and all of their outstanding 6.75% Senior Notes due 2025 (the "Notes"), upon the terms and conditions set forth in the Offer to Purchase, dated as of February 28, 2024, and the related Letter of Transmitt ...

Financial Data and Key Metrics Changes - The fourth quarter of 2023 adjusted EBITDA was $100.9 million compared to $92.5 million in the same period of 2022, indicating a year-over-year increase [51] - Distributable cash flow was reported at $65 million with a DCF coverage ratio of 1.4% [4] - The capital program for 2024 is expected to be about $70 million, including approximately $20 million for sustaining and regulatory capital and $50 million for growth capital [52] Business Line Data and Key Metrics Changes - For the Gathering and Processing segment, adjusted EBITDA for the quarter was $53.3 million, up from $48.1 million in Q4 2022, primarily due to higher throughput from Delek Logistics Premium Basin assets [4] - Wholesale Marketing and Terminalling adjusted EBITDA increased to $28.4 million from $23.3 million year-over-year, driven by higher terminal utilization [38] - Storage and Transportation adjusted EBITDA rose to $17.5 million compared to $16.1 million in the fourth quarter of 2022, mainly due to higher storage and transportation rates [38] Market Data and Key Metrics Changes - The Delaware Gathering and Processing assets are performing in line with expectations, while Permian Basin volumes are slightly lower due to new production stabilizing over time [9] - The company anticipates an increase in volumes in the second half of the year as capital projects are incrementally advanced [58] Company Strategy and Development Direction - The company is focused on growing third-party revenues and exploring natural gas opportunities in the Delaware Basin, where significant growth is expected [50] - A significant capital budget is in place to enhance additional volume and connections in the Delaware and Midland areas [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about consistent improvement in business operations and highlighted a strong position in the Permian Basin [22][23] - The long-term outlook for the Delaware Gathering System remains unchanged despite a goodwill impairment due to increased interest rates [51] Other Important Information - The Board approved the 44th consecutive increase in the quarterly distribution to $1.055 per unit, reflecting confidence in maintaining competitive distributions [3] - The company has achieved a record year and a record quarter, exceeding $100 million in adjusted EBITDA [18] Q&A Session Summary Question: Long-term outlook for Delaware Gathering and Processing assets - Management confirmed that the three Bear assets are meeting expectations and the initial target of $100 million annual EBITDA remains a good number to work with [5] Question: 2024 outlook and growth targets - Management achieved a $100 million quarterly EBITDA run rate by the end of 2023 and is optimistic about future growth metrics [6] Question: Sequential volume changes in Midland and Delaware - Management noted that maintenance work expedited in Q4 affected gas volumes, but improvements are expected in Q1 [25] Question: Corporate expenses and debt maturities - Corporate expenses have decreased, and management is examining various instruments for refinancing upcoming debt maturities [44][45]

(Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K For the Fiscal Year Ended December 31, 2023 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) Securities registered pursuant to Section 1 ...

Fourth Quarter Net income attributable to all partners of $22.1 million Quarterly EBITDA of $86.1 million, adjusted EBITDA of $100.9 million Distributable cash flow of $64.6 million, DCF coverage ratio of 1.40x Delivered 44 consecutive quarters of distribution growth with recent increase to $1.055/unit 2023 Full Year Net income attributable to all partners of $126.2 million EBITDA of $370.3 million, adjusted EBITDA of $385.1 million Distributable cash flow of $248.2 million, DCF coverage ratio of 1.37x ...

Exhibit 99.1 Delek Logistics Reports Fourth Quarter 2023 Results and 2024 Capital Program Fourth Quarter 2023 Full Year 2024 Capital Program Distribution and Liquidity On January 24, 2024, Delek Logistics declared a quarterly cash distribution of $1.055 per common limited partner unit for the fourth quarter 2023. This distribution was paid on February 12, 2024 to unitholders of record on February 5, 2024. This represents a 1.0% increase from the third quarter 2023 distribution of $1.045 per common limited p ...

BRENTWOOD, Tenn., Feb. 20, 2024 /PRNewswire/ -- Delek US Holdings, Inc. (the "Company" or "Delek US") announced that its Board of Directors has approved a $0.005 per share increase in the regular quarterly dividend to $0.245 per share, to be paid on March 8, 2024, to shareholders of record on March 1, 2024. About Delek US Holdings, Inc.Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, renewable fuels and convenience store retailing. T ...

BRENTWOOD, Tenn., Jan. 26, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing fourth quarter 2023 results before the U.S. stock market opens on Tuesday, February 27, 2024. A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT (12:30 p.m. ET) on Tuesday, February 27, 2024. The live broadcast of this conference call will be available online by going to www.DelekLogistics ...

BRENTWOOD, Tenn., Jan. 24, 2024 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today declared its quarterly cash distribution for the fourth quarter 2023 of $1.055 per common limited partner unit, or $4.22 per common limited partner unit on an annualized basis. This distribution represents a 1.0 percent increase from the distribution for the third quarter 2023 of $1.045 per common limited partner unit ($4.18 per common limited partner unit annualized) and a 3.4 percent increase ...