Delek Logistics Partners, LP Reports First Quarter 2021 Results
Delek Logistics Partners, LP Reports First Quarter 2021 Results - Reported first quarter net income attributable to all partners of $36.3 million; represents a 30% increase y/y - EBITDA of $58.7 million represented an increase of 21% y/y - Agreement with Baker Hughes offers scalable organic growth opportunities with minimal capital - First quarter distributable cash flow coverage ratio of 1.3x and total leverage ratio of approximately 3.7x - Declared first quarter distribution of $0.92 per limited partner unit; reflects 3.4 percent increase y/y - Reiterating 5% distribution growth in 2021 ver...