Delek Logistics Partners, LP (DKL) company profile

Delek Logistics Partners, LP operates midstream energy assets providing gathering, pipeline transportation, storage, and wholesale marketing services for crude oil, intermediate feedstocks, refined petroleum products, and water. Its primary business segments comprise Gathering and Processing, Wholesale Marketing and Terminalling, Storage and Transportation, and Investments in Pipeline Joint Ventures. The partnership serves both unaffiliated third parties and affiliated energy entities, notably its parent sponsor Delek US Holdings, Inc. and its refining operations.

The partnership's physical asset base encompasses pipelines, storage tanks, and distribution terminals operating within the United States. Delek Logistics Partners, LP maintains its principal executive offices in Brentwood, Tennessee.

Summary of the business section of Delek Logistics Partners, LP's latest annual report, written by StockData.

“Per Common Unit Total Public offering price $ 21.00 $ 168,000,000 Underwriting discount (1) $ 1.365 $ 10,920,000 Proceeds to Delek Logistics Partners, LP (before expenses) $ 19.635 $ 157,080,000 (1) Excludes a structuring fee of an aggregate of 0.50% of the gross offering proceeds payable to Merrill Lynch, Pierce, Fenner”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.