Delek Logistics Partners (NYSE:DKL) L.P. (NYSE: DKL) is a master limited partnership formed in 2011 through contributions of pipeline, terminal and crude oil gathering assets by its sponsor, Delek US Holdings, Inc. Headquartered in Brentwood, Tennessee, the partnership is managed by Delek Logistics GP, LLC, an affiliate of Delek US. Delek Logistics Partners owns and operates an integrated network of petroleum pipelines and terminals that support the movement, storage and throughput of crude oil and refined products.
The partnership’s core operations include crude oil gathering and processing systems, long-haul pipeline transportation and storage terminal services. Its crude gathering systems collect and transport domestic production into shippers’ pipelines, refineries and storage facilities. The long-haul pipeline network connects key supply hubs and refining centers across the Mid-Continent and Gulf Coast regions, while the terminal segment provides bulk storage and throughput capabilities that serve refiners, marketers and other third-party customers.
Delek Logistics Partners primarily serves regions in Arkansas, Kansas, Mississippi, Oklahoma and Texas, linking major production areas with Delek US refineries and other industry outlets. The partnership’s growth initiatives have focused on strategic expansions of pipeline capacity, storage infrastructure and processing facilities to enhance connectivity and optimize throughput. As a logistics-focused MLP, Delek Logistics Partners generates stable fee-based cash flows under long-term agreements with diversified counterparties.
The partnership’s governance structure includes an independent board of directors and an experienced management team with deep expertise in midstream energy operations. Through disciplined capital investment and alignment with its sponsor’s integrated refining platform, Delek Logistics Partners seeks to support reliable energy infrastructure and meet customer needs across its service territories.
