Delek Logistics Partners

-6.39%

Delek Logistics Partners LP is a master limited partnership that focuses on the transportation, storage, and marketing of crude oil, intermediate and refined products, and natural gas liquids (NGLs). The company was formed in 2012 by its parent company, Delek US Holdings, Inc., and went public in November of that year.
The company's operations are primarily in the mid-continental and Gulf Coast regions of the United States, with assets including pipelines, terminals, and storage facilities. Delek Logistics Partners also has a 33% ownership interest in the Red River pipeline system, which transports crude oil from Cushing, Oklahoma to downstream markets. In addition to its transportation and storage services, the company also provides crude oil gathering services through its Paline pipeline system in East Texas.
Delek Logistics Partners benefits from its close relationship with its parent company, Delek US Holdings, which provides a stable and diversified customer base for its services. This allows the company to generate consistent cash flows and stable distributions to its unitholders.
The company has a strong track record of growth through both organic projects and strategic acquisitions. In 2018, Delek Logistics Partners completed the acquisition of the Big Spring Gathering System, expanding its services into the Permian Basin, one of the most active and fastest-growing oil and gas regions in the United States.
Delek Logistics Partners is committed to environmentally responsible operations and has implemented various initiatives to reduce its carbon footprint and promote sustainability. This includes reducing emissions, implementing water recycling programs, and implementing leak detection systems to prevent spills.
In addition to its operations, Delek Logistics Partners is also committed to giving back to the communities in which it operates. The company supports a variety of charitable organizations and initiatives, with a focus on education, health and wellness, and supporting military and first responders.

There are a few key aspects that make Delek Logistics Partners stand out among other companies:
1. Vertical Integration: Delek Logistics Partners is a master limited partnership (MLP) formed by Delek US Holdings, an integrated downstream energy company. This vertical integration allows Delek Logistics to have a stable and reliable source of revenue through its relationship with Delek US and its other subsidiaries.
2. Diversification: The company has a diverse portfolio of assets, including storage terminals, pipelines, and wholesale marketing operations. This diversification helps to mitigate risk and provide a steady cash flow.
3. Strong Distribution Growth: Delek Logistics Partners has a track record of consistently increasing its distribution to unitholders since its initial public offering in 2012. This has earned the company a reputation as a reliable income investment.
4. Strategic Locations: The company's assets are strategically located at major transportation hubs, including the Gulf Coast and the Mid-Continent region, which allows for efficient transportation of crude oil, refined products, and other energy-related products.
5. Environmentally Conscious: Delek Logistics Partners is committed to environmental responsibility and sustainability and has implemented various initiatives to minimize its environmental impact, such as using renewable energy sources and implementing efficient operating practices.
6. Focus on Acquisitions: The company has a history of growth through acquisitions, which has helped to expand its asset base and increase its presence in key markets.
7. Strong Management Team: Delek Logistics Partners has a seasoned and experienced management team with a strong track record of success in the energy industry. This provides investors with confidence in the company's ability to effectively manage and grow its assets.

Delek Logistics Partners is a midstream energy company that owns, operates, develops and acquires crude oil and refined products logistics and marketing assets. The company's business model is based on providing transportation and storage services to its customers while generating cash flow through fee-based, long-term contracts.
Specifically, Delek Logistics Partners operates a network of crude oil and refined products pipelines, storage tanks, terminals, and other related logistics assets. These assets are strategically located near major production and refining centers in the United States, including Texas, Arkansas, and Tennessee.
The company's customers include major oil and gas producers, refiners, and marketers who use its assets to transport and store their products. Delek Logistics Partners generates revenue by charging its customers fees for the use of its assets and by selling or marketing products through its terminals and pipelines.
In addition to its core logistics and marketing business, Delek Logistics Partners also has a wholesale marketing and supply segment. This segment focuses on sourcing, purchasing, and marketing refined products, including gasoline, diesel, and jet fuel.
Overall, Delek Logistics Partners' business model is centered around providing essential infrastructure and services to the energy industry while generating stable and predictable cash flow through long-term contracts and strategic partnerships.

1. Delek Logistics Partners was formed in 2012 as a spin-off from its parent company, Delek US Holdings.
2. The company is headquartered in Brentwood, Tennessee and has operations throughout the United States.
3. Delek Logistics Partners is a master limited partnership (MLP), which means it is a type of business structure that is publicly traded like a stock, but has the tax benefits of a partnership.
4. The company’s primary focus is on the transportation and storage of crude oil, refined products, and natural gas liquids.
5. Delek Logistics Partners owns and operates a network of pipelines, terminals, trucks, and barges to transport and store these products.
6. The company’s assets include over 1,600 miles of pipeline, 40 transportation and storage facilities, and a fleet of over 200 trucks and trailers.
7. Delek Logistics Partners has a strong presence in the Gulf Coast region, with pipelines and terminals in Texas, Louisiana, and Mississippi.
8. The company also has a growing presence in the Mid-Continent and Southeast regions, with pipelines and terminals in Arkansas, Tennessee, and Virginia.
9. Delek Logistics Partners has a diverse customer base, with major oil and gas companies, as well as smaller independent producers, utilizing its services.
10. The company is committed to safety and environmental responsibility, implementing stringent policies and procedures to ensure the protection of the communities and environments in which it operates.
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