Delek Logistics Partners, LP (DKL)

Logistics company providing transportation and storage services for crude oil and refined products.

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Delek Logistics Partners, LP, headquartered in Brentwood, Tennessee, operates as a key player in the logistics and marketing sectors of the United States energy market. The company's diversified operations are structured across three core segments: Pipelines and Transportation, Wholesale Marketing and Terminalling, and Investment in Pipeline Joint Ventures. Within these segments, Delek Logistics Partners, LP manages a robust portfolio of assets dedicated to the transportation, storage, and marketing of crude oil, intermediate, and refined products.

The Pipelines and Transportation segment constitutes the backbone of Delek Logistics Partners, LP's operations, encompassing pipelines, trucks, and supporting infrastructure. These assets facilitate the gathering of crude oil and the transportation of both crude oil and refined products, providing essential services to support the operations of the Tyler, El Dorado, and Big Spring refineries. The segment boasts approximately 400 miles of crude oil transportation pipelines, 450 miles of refined product pipelines, and approximately 900 miles of storage capacity across tanks capable of holding approximately 10.2 million barrels.

In addition to its core transportation services, Delek Logistics Partners, LP's Wholesale Marketing and Terminalling segment offers comprehensive marketing, storage, and terminalling services for refined products, catering primarily to independent third parties. The company also holds interests in three joint ventures dedicated to constructing and operating crude oil pipeline systems, further expanding its reach and service offerings across diverse markets. Delek Logistics Partners, LP, a subsidiary of Delek US Holdings, Inc., was established in 2012, reflecting a commitment to operational excellence and strategic growth within the energy logistics sector.

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