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.)