Delek Logistics Publishes Third-Quarter 2026 Earnings Call Transcript

By Public Technologies
  • Delek Logistics raised 2026 adjusted EBITDA guidance to $530 million-$560 million at its November 6 third-quarter earnings call.
  • Participants included CEO Avigal Soreq, Executive Vice President Mark Hobbs, CFO Robert Wright and Citigroup analyst Douglas Baker Irwin.
  • Growth spending of $180 million-$190 million is expected to generate up to $15 million in annualized EBITDA, with $60 million additional in 2027.
  • Management expects its integrated sour gas system to start within weeks, driving substantially higher Libby plant utilization into early next year.
  • Third-quarter adjusted EBITDA was approximately $143 million, unchanged year over year; the quarterly distribution increased to $1.14 per unit.


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