Delek Logistics Partners LP (DKL) - Stock & Dividends

Delek Logistics Partners, LP (NYSE:DKL) is a company based in the United States that manages logistics and marketing assets for crude oil, intermediate, and refined products. Established in 2012 and located in Brentwood, Tennessee, the company operates through four distinctive segments.

The Gathering and Processing segment oversees pipelines, tanks, and offloading facilities that handle crude oil and natural gas gathering, water disposal, recycling, and storage services. Moreover, this segment also offers crude oil transportation services to external parties.

The Wholesale Marketing and Terminalling segment is responsible for refined products terminals and pipelines across several states such as Texas, Tennessee, Arkansas, and Oklahoma. This segment provides marketing and terminalling services for refined products to third-party clients.

In the Storage and Transportation sector, the company manages tanks, offloading facilities, trucks, and ancillary assets for transporting and storing crude oil, intermediate, and refined products.

Furthermore, the Investments in Pipeline Joint Ventures division holds interests in three joint ventures that have constructed separate crude oil pipeline systems and related assets, catering to clients in the Permian Basin and Gulf Coast regions.

Delek Logistics GP, LLC serves as the general partner of the company, and it operates as a subsidiary of Delek US Holdings, Inc. To know more about Delek Logistics Partners, LP, you can visit their website at https://www.deleklogistics.com.