DKL

Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.07 per Common Limited Partner Unit

Retrieved on: 
Thursday, April 25, 2024
Energy, Other Energy, Oil, Gas, Delek, Form, Form S-3, DKL

Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the first quarter 2024 of $1.07 per common limited partner unit, or $4.28 per common limited partner unit on an annualized basis.

Key Points: 
  • Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the first quarter 2024 of $1.07 per common limited partner unit, or $4.28 per common limited partner unit on an annualized basis.
  • This distribution represents a 4.4 percent increase over Delek Logistics’ distribution for the first quarter 2023 of $1.025 per common limited partner unit ($4.10 per common limited partner unit annualized).
  • The first quarter 2024 cash distribution is payable on May 15, 2024, to unitholders of record on May 8, 2024.
  • Delek Logistics is also filing a “shelf” registration statement on Form S-3 with the U.S. Securities and Exchange Commission (“SEC”) to provide up to $500 million of additional financial flexibility going forward.

Delek Logistics Partners, LP Announces Proposed Offering of $200 Million of Additional 8.625% Senior Notes Due 2029

Retrieved on: 
Friday, April 12, 2024
Other Energy, IOT (Internet of Things), Technology, Logistics, Supply Chain Management, Oil, Gas, Transport, Energy, Sale, DKL, Regulation, Person, Note, Security (finance)

Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek Logistics (together with Delek Logistics, the “Issuers”), intends to offer $200 million in aggregate principal amount of additional 8.625% senior notes due 2029 (the “Additional Notes”) in a private placement to eligible purchasers, subject to market conditions.

Key Points: 
  • Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek Logistics (together with Delek Logistics, the “Issuers”), intends to offer $200 million in aggregate principal amount of additional 8.625% senior notes due 2029 (the “Additional Notes”) in a private placement to eligible purchasers, subject to market conditions.
  • The Additional Notes will be issued under the same indenture as the $650 million in aggregate principal amount of 8.625% senior notes due 2029 issued by the Issuers on March 13, 2024 (the “Existing Notes”) and will form a part of the same series of notes as the Existing Notes.
  • Delek Logistics intends to use the net proceeds from the offering to repay a portion of the outstanding borrowings under its revolving credit facility.
  • The Additional Notes will be offered only to persons reasonably believed to be qualified institutional buyers in an offering exempt from registration in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States in reliance on Regulation S under the Securities Act.

Delek Logistics Partners, LP Announces Pricing of Offering of $200 Million of Additional 8.625% Senior Notes Due 2029

Retrieved on: 
Friday, April 12, 2024
Other Energy, IOT (Internet of Things), Technology, Logistics, Supply Chain Management, Oil, Gas, Transport, Energy, Sale, DKL, Regulation, Person, Note, Security (finance)

Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek Logistics (together with Delek Logistics, the “Issuers”), priced an offering of $200 million in aggregate principal amount of additional 8.625% senior notes due 2029 (the “Additional Notes”) at an offering price equal to 101.250% of their face value, plus accrued interest from March 13, 2024.

Key Points: 
  • Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today that it, along with Delek Logistics Finance Corp., a subsidiary of Delek Logistics (together with Delek Logistics, the “Issuers”), priced an offering of $200 million in aggregate principal amount of additional 8.625% senior notes due 2029 (the “Additional Notes”) at an offering price equal to 101.250% of their face value, plus accrued interest from March 13, 2024.
  • The Additional Notes will be issued under the same indenture as the $650 million in aggregate principal amount of 8.625% senior notes due 2029 issued by the Issuers on March 13, 2024 (the “Existing Notes”) and will form a part of the same series of notes as the Existing Notes.
  • The offering is expected to close on April 17, 2024, subject to the satisfaction of customary closing conditions.
  • Delek Logistics intends to use the net proceeds from the offering to repay a portion of the outstanding borrowings under its revolving credit facility.

Delek Logistics Partners, LP to Host First Quarter 2024 Conference Call on May 7th

Retrieved on: 
Monday, April 8, 2024
Oil, Gas, Energy, Logistics, Supply Chain Management, Transport, Other Energy, Partnership, DKL

Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today announced that the Partnership intends to issue a press release summarizing first quarter 2024 results before the U.S. stock market opens on Tuesday, May 7, 2024.

Key Points: 
  • Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today announced that the Partnership intends to issue a press release summarizing first quarter 2024 results before the U.S. stock market opens on Tuesday, May 7, 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, May 7, 2024.
  • The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website.

Delek Logistics Partners, LP 2023 K-1 Tax Packages Available on Website

Retrieved on: 
Wednesday, March 6, 2024
DKL, Printing, CST

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 .

Key Points: 
  • 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.

Delek US Holdings Reports Fourth Quarter 2023 Results and 2024 Capital Program

Retrieved on: 
Tuesday, February 27, 2024
Logistics, DKL, Retail, Public expenditure, Big, Corporation, Insurance, Partnership, Video game

BRENTWOOD, Tenn., Feb. 27, 2024 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US", "Company") today announced financial results for its fourth quarter ended December 31, 2023.

Key Points: 
  • During the fourth quarter 2023, Delek US's benchmark crack spreads were down an average of 50.7% from prior-year levels.
  • The logistics segment Adjusted EBITDA in the fourth quarter 2023 was $99.4 million compared with $90.6 million in the prior year quarter.
  • The Delek US 2024 Capital Program is forecasted to be approximately $330 million, with $255 million for sustaining and regulatory capital and $75 million for growth capital.
  • The 2024 Capital Program compares with the 2023 Capital Program of $372 million, which includes $17 million of insurance proceeds, growth capital partially funded by producers, as well as other reimbursements.

Delek Logistics Partners, LP to Host Fourth Quarter 2023 Conference Call on February 27th

Retrieved on: 
Friday, January 26, 2024
DKL, Partnership

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.

Key Points: 
  • 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.com and clicking on the webcasts section of the website.

Decklar Resources Announces Receipt of Final Approval and Commences Production and Sale of Crude Oil From the Oza Oil Field Through the Trans Niger Pipeline

Retrieved on: 
Thursday, November 30, 2023
Vandalism, Shell Nigeria, Sale, TNP, Forçados, DKL, CHTA, Millennium, Oil

Decklar Resources Inc. (“Decklar”) and its co-venturer Millenium Oil & Gas Company Limited (“Millenium”) announce that the final approval required to commence exports through the Trans Niger Pipeline (“TNP”) to the Bonny Export Terminal has been received.

Key Points: 
  • Decklar Resources Inc. (“Decklar”) and its co-venturer Millenium Oil & Gas Company Limited (“Millenium”) announce that the final approval required to commence exports through the Trans Niger Pipeline (“TNP”) to the Bonny Export Terminal has been received.
  • The granting of approval for the re-certified fiscal metering unit allows access and injection of production from the Oza Oil Field into the TNP for transport to and export from the Bonny Export Terminal.
  • Decklar and Millenium have commenced export of crude oil production from the Oza Oil Field through the TNP for transport to the Bonny Export Terminal and sale to Shell Western Supply and Trading Limited.
  • Sanmi Famuyide, CEO of Decklar Resources, said, “We are very pleased to have received the final necessary approval to re-establish pipeline access to ship and sell crude oil from the Oza Oil Field, and have now commenced crude oil production through the TNP.

Decklar Announces Approval of Export Permit and Updates Oil Delivery Operations

Retrieved on: 
Friday, November 17, 2023
Sale, FSE, DKL, Forçados, Millennium, DMCL, ERPC, Military Professional Resources Inc., Vandalism, Shell Nigeria, TNP, Oil

Decklar and Millenium have received four of the five permits required to commence exports through the Trans-Niger Pipeline (“TNP”) and the Bonny Export Terminal.

Key Points: 
  • Decklar and Millenium have received four of the five permits required to commence exports through the Trans-Niger Pipeline (“TNP”) and the Bonny Export Terminal.
  • CALGARY, Alberta, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Decklar Resources Inc. (TSX-V: DKL) (OTCQX: DKLRF) (FSE: A1U1) (the “Company” or “Decklar”) and its co-venturer Millenium are pleased to announce receipt of necessary permits required to sell and export crude oil from the Oza Oil Field and to provide updates regarding crude oil trucking operations and progress re-establishing pipeline access at the Oza Oil Field in Nigeria.
  • Decklar and Millenium have obtained necessary permits required to sell and export crude oil from the Oza Oil Field, including the approximately 8,000 bbls previously delivered to UPIL and held in storage at the Forcados export terminal tank farm.
  • Sanmi Famuyide, CEO of Decklar Resources, said, “We are very pleased to have received the export permit that will now enable Decklar and Millenium to export and sell the crude oil we have in storage at the Forcados terminal and to export crude oil shortly after we start delivering through the TNP and Bonny terminal.

Delek Logistics Partners, LP to Host Third Quarter 2023 Conference Call on November 7th

Retrieved on: 
Tuesday, October 10, 2023
NYSE, DKL, Partnership, Clothing, Online shopping

BRENTWOOD, Tenn., Oct. 10, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing third quarter 2023 results before the U.S. stock market opens on Tuesday, November 7, 2023.

Key Points: 
  • BRENTWOOD, Tenn., Oct. 10, 2023 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that the Partnership intends to issue a press release summarizing third quarter 2023 results before the U.S. stock market opens on Tuesday, November 7, 2023.
  • A conference call to discuss these results is scheduled to begin at 11:30 a.m. CT (12:30 p.m.
  • ET) on Tuesday, November 7, 2023.
  • The live broadcast of this conference call will be available online by going to www.DelekLogistics.com and clicking on the webcasts section of the website.