Delek Logistics beats Q3 revenue expectations on higher crude volumes

Delek Logistics Partners, LP

07/11/2025 11:37

Overview

Delek Logistics Q3 revenue beats analyst expectations, reflecting strong operational performance

Adjusted EBITDA for Q3 2025 rises 27% yr/yr, driven by strong execution

Company raises full-year Adjusted EBITDA guidance to $500-$520 mln on strong execution

Outlook

Delek Logistics raises full-year Adjusted EBITDA guidance to $500 - $520 mln

Company progressing on sour gas gathering and acid gas injection capabilities

Delek Logistics focuses on prudent management of liquidity and leverage

Result Drivers

RECORD CRUDE VOLUMES - Delek Logistics reported record crude gathering volumes in the Delaware crude gathering system, contributing to increased Adjusted EBITDA

ACQUISITIONS DRIVE GROWTH - Incremental EBITDA from H2O Midstream and Gravity acquisitions boosted Gathering and Processing Segment results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$261.28 mln
$252.30 mln (3 Analysts)
Q3 Net Income
$45.56 mln
Q3 Adjusted EBITDA
$136 mln
Q3 EBITDA
$102 mln
Q3 Operating Income
$45.37 mln
Q3 Pretax Profit
$45.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the oil & gas transportation services peer group is "buy"

Wall Street's median 12-month price target for Delek Logistics Partners LP is $46.00, about 0.3% above its November 6 closing price of $45.85

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw5Yd6Tma

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)