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Delek Logistics reports strong Q3 2026 with 42.6% revenue growth and rising natural gas volumes.

Company Fundamentals
09 Nov 2026, 17:38 WIB
Seeking Alpha
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Bullish
Delek Logistics reports strong Q3 2026 with 42.6% revenue growth and rising natural gas volumes.

Delek Logistics Partners, LP posted solid Q3 2026 results, with revenue increasing 42.6% and net income up 4.1% year-over-year. Growth was driven by higher natural gas volumes from the Libby 2 plant and Permian Basin operations, making natural gas the main growth driver. The company is diversifying revenue, with nearly half now from third-party contracts and expects 80% of EBITDA from non-affiliates in 2026. Despite an attractive 8.81% distribution yield, coverage is thin at 1.11x and growth lags inflation, signaling cautious outlook for investors.

Delek Logistics Partners' recent Q3 2026 results provide context for energy sector dynamics. For readers following energy stocks, here is Pluang's market snapshot as of Nov 09, 2026 22:22 WIB: out of 79 priced US energy stocks, 49 rose and 30 fell. Notable movers include Marathon Petroleum Corp at USD 386.03 (+3.57%), PBF Energy Inc. Class A at USD 69.45 (+3.24%), and Delek US Holdings Inc. at USD 65.93 (+3.10%).

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