Delek Logistics Partners (NYSE:DKL), LP is a publicly traded master limited partnership that owns and operates midstream energy infrastructure in the United States. The partnership is affiliated with Delek US Holdings, Inc. and primarily supports the transportation, storage and distribution of crude oil, refined products and other hydrocarbons.
Its assets include crude oil and refined-products pipelines, gathering systems, terminals, storage facilities and other logistics infrastructure. Delek Logistics also provides transportation, marketing and other logistics services that connect petroleum producers, refineries, terminals and downstream markets.
The partnership’s operations are concentrated in the central and southwestern United States, including areas of Texas, New Mexico, Oklahoma, Arkansas and Tennessee. Its infrastructure is closely integrated with Delek US Holdings’ refining and wholesale businesses, while also serving third-party customers.
Delek Logistics Partners was formed by Delek US Holdings and began trading publicly in 2012. Its business is designed to generate fee-based and other contracted revenue from the movement and handling of energy products across its midstream network.