Delek Logistics EVP buys $75,000 in common units

Delek Logistics Partners, LP (DKL) Executive Vice President and Chief Financial Officer Robert G. Wright purchased 1,500 common units on August 13, 2026, for a total of $75,000. As a result, Wright now owns 7,994 common units directly. The transaction took place at a price of $50 per unit, which is slightly lower than the current trading price of $53.77 for DKL shares.

Over the past week, shares have declined by 8.1%, but the stock has increased by 28% year-to-date. Delek Logistics offers an 8.4% dividend yield and has consistently paid dividends for 14 consecutive years. The company reported record second-quarter adjusted EBITDA of $144 million, a 13.4% increase from the previous year. DKL also affirmed its full-year 2026 adjusted EBITDA guidance, projecting between $520 million and $560 million.

The partnership increased its quarterly distribution for the 54th consecutive time, raising it to $1.135 per unit. Analysts suggest concerns about Delek Logistics' leverage and ongoing capital expenditures, despite strong operational results driven by a rise in crude, gas, and water volumes, particularly in the Permian Basin.