Business Context and Reporting Period
Company: Delek Logistics Partners, LP
Filing Type: Form 8-K (Current Report)
Date of Report: November 12, 2015
Principal Executive Offices: Brentwood, Tennessee
This filing serves as a Regulation FD disclosure regarding the commencement of the use of specific investor presentation materials by senior management for existing and prospective investors.
Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report is a disclosure of communication materials rather than a financial results report.
Material Changes
Effective November 12, 2015, the Partnership began utilizing the materials included in Exhibit 99.1 (the "Investor Presentation") for investor communications. No material changes to financial operations or assets are reported within this specific document.
Guidance, Outlook, and Risks
Forward-Looking Statements: The filing contains forward-looking statements regarding future results, performance, and growth strategies. Management explicitly states these are not guarantees and are subject to risks and uncertainties.
Key Risks Identified:
- Substantial dependence on Delek US Holdings, Inc. ("Delek") and its ability to pay under commercial agreements.
- Age and condition of assets, including operating hazards related to transporting and storing crude oil and refined products (e.g., spills, tank failures).
- Changes in commodity prices and demand for Delek's refined products.
- Potential suspension, reduction, or termination of obligations by Delek or third parties under commercial agreements.
Regulatory Note: The information in Item 7.01 is furnished, not filed, and will not be incorporated by reference into registration statements unless specifically identified.
Investor Verification Checklist
- Verify the content of the "Investor Presentation" referenced in Exhibit 99.1, as the 8-K itself does not contain the financial data.
- Review the commercial agreements between Delek Logistics Partners, LP and Delek US Holdings, Inc. to assess concentration risk.
- Monitor regulatory filings for updates on asset conditions and any incidents related to spills or tank failures.
- Check subsequent filings for actual financial performance to compare against the forward-looking statements made in the presentation materials.