Delek Logistics Partners Announces Second Quarter 2026 Distribution Declaration

Partnership Structure and Distribution Framework

Delek Logistics Partners, LP is organized as a Delaware limited partnership with common units representing limited partner interests traded on the New York Stock Exchange under the ticker DKL. The partnership is structured to generate cash flows from its operations and distribute a portion of those earnings to unitholders on a quarterly schedule. This distribution model is typical for master limited partnerships (MLPs) and energy infrastructure entities, which are designed to provide regular income streams to investors alongside potential unit price appreciation.

The partnership is headquartered in Brentwood, Tennessee, and operates under the governance of its general partner, Delek Logistics GP, LLC. Robert Wright, serving as Executive Vice President and Chief Financial Officer, signed the disclosure on behalf of the general partner. The structured approach to quarterly distributions allows the partnership to maintain investor confidence by providing predictable capital returns while maintaining operational flexibility to fund growth initiatives and debt service obligations.

Second Quarter 2026 Distribution Announcement

On July 22, 2026, Delek Logistics Partners issued a press release announcing the declaration of its second quarter 2026 distribution to unitholders. The announcement was made through an official update to the Securities and Exchange Commission, confirming the partnership's continued adherence to its distribution schedule. While the specific distribution amount per unit was not disclosed within the current disclosure, the formal declaration represents an important communication to the investment community regarding the partnership's financial position and cash generation capacity during the second quarter of 2026.

The timing of the announcement in late July aligns with typical mid-year reporting and distribution declaration practices for energy infrastructure partnerships. This disclosure signals to investors that the partnership has completed its second quarter operations and assessed its distributable cash available for allocation to unitholders. The press release, filed as Exhibit 99.1 to the current disclosure, contains the detailed distribution information and may include guidance or commentary from management regarding operational performance during the period.

Partnership Operations and Business Model

Delek Logistics Partners operates within the energy logistics and midstream infrastructure sector, providing critical transportation and storage services for crude oil and refined petroleum products. The partnership's business model centers on fee-based and volume-driven revenue streams generated from transporting, storing, and distributing energy products. This operational focus positions the partnership within the essential energy infrastructure segment, which benefits from stable long-term demand for petroleum movement and distribution services across North America.

The partnership's revenue generation relies on throughput volumes and service fees charged to customers who utilize its logistics network and storage facilities. This business model provides relatively predictable cash flows that support the quarterly distribution program. The stability of cash generation from these operations enables management to forecast distributable earnings and maintain consistency in quarterly distributions to unitholders, a key consideration for income-focused investors in the partnership.

Regulatory Filing and Disclosure Compliance

The announcement of the second quarter 2026 distribution declaration was communicated to the Securities and Exchange Commission through a current report on July 22, 2026. This disclosure mechanism ensures that all unitholders and investors receive simultaneous notification of the distribution declaration, maintaining transparency and compliance with securities regulations. The filing includes the partnership's principal executive office address at 310 Seven Springs Way, Suite 500, in Brentwood, Tennessee, along with contact information for investor inquiries regarding the distribution and partnership matters.

Delek Logistics Partners is not classified as an emerging growth company, and therefore does not benefit from extended transition periods for compliance with new accounting standards. The partnership maintains full compliance with all Securities Exchange Act requirements applicable to companies whose securities are registered on national exchanges. The disclosure demonstrates the partnership's commitment to keeping investors informed through timely and accurate reporting of significant corporate actions and financial milestones.

Investor Considerations for Distribution-Focused Portfolios

For investors holding units in Delek Logistics Partners, the quarterly distribution declaration represents a direct cash return on their investment. The announcement confirms that the partnership continues to generate sufficient cash flows to support its distribution obligations during the second quarter of 2026. Investors focused on income generation and consistent quarterly returns typically monitor these distribution announcements closely, as they provide visibility into the partnership's financial health and operational performance.

The partnership's ability to declare and sustain distributions depends on maintaining stable operating cash flows from its logistics infrastructure assets. Factors affecting future distributions include crude oil and refined product volumes transported through the partnership's systems, pricing dynamics for logistics services, capital expenditure requirements for asset maintenance and expansion, and prevailing interest rates affecting debt service costs. Unitholders benefit from the cash returns but should recognize that distribution levels may fluctuate based on these operational and financial variables.

Master Limited Partnership Tax and Capital Allocation Framework

As a limited partnership, Delek Logistics Partners passes through taxable income to unitholders on a quarterly basis in the form of Schedule K-1 documentation. Unitholders are required to report their proportionate share of partnership income on their individual or corporate tax returns, regardless of whether they receive the full distribution amount in cash. This tax structure is typical for MLPs and requires investors to understand their tax filing obligations and potential quarterly estimated tax payment requirements resulting from the partnership's income allocation.

The partnership's capital allocation priorities typically include funding distributions to unitholders, servicing debt obligations, maintaining and upgrading existing logistics infrastructure, and retaining capital for strategic growth opportunities. The declaration of the second quarter distribution indicates that management determined distributable cash was available after accounting for operating expenses, capital expenditures, and debt service requirements. Future distribution levels will depend on the partnership's ability to generate consistent operating cash flows and manage its capital structure effectively.

Market Context for Energy Infrastructure Partnerships

Energy infrastructure partnerships like Delek Logistics operate within a sector characterized by essential services demand, regulatory oversight, and long-term customer contracts. Crude oil transportation, storage, and refined product distribution remain fundamental requirements within the petroleum supply chain regardless of short-term market fluctuations. This structural demand supports the business model and provides a foundation for stable cash generation, which enables the partnership to sustain distributions to unitholders over extended periods.

The partnership operates in an environment where infrastructure assets are often subject to tariff regulation and long-term commercial agreements with major energy producers and refiners. These contractual arrangements provide revenue stability and visibility into future cash flows, supporting the predictability of the distribution program. Changes in petroleum product volumes, crude oil pricing dynamics, and refinement patterns across North America may influence the partnership's operating throughput and revenue, ultimately affecting distributable cash available for quarterly distributions.

General Partner Governance and Financial Oversight

Delek Logistics GP, LLC serves as the general partner and is responsible for day-to-day operational management, strategic planning, and financial stewardship of the partnership. The general partner holds accountability for ensuring that distributions are declared and paid in accordance with the partnership agreement and applicable law. The involvement of experienced energy sector management at the general partner level provides governance oversight and operational expertise required to manage complex logistics infrastructure assets and maintain relationships with commercial customers.

Robert Wright's role as Executive Vice President and Chief Financial Officer reflects the partnership's focus on disciplined financial management and accurate reporting. The CFO's signature on the disclosure confirms that financial officers have reviewed the distribution declaration and accompanying announcements to ensure accuracy and compliance with regulatory requirements. This governance structure provides unitholders with assurance that qualified financial professionals oversee the partnership's accounting, reporting, and capital allocation decisions.