The Online Investor
Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Mon., Feb. 17, 7:05 AM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #21. Delek Logistics Partners El Dorado Storage Tanks and Product Terminal

Acquirer: Delek Logistics Partners (NYSE:DKL)
Acquiree: El Dorado Storage Tanks and Product Terminal
Details: Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") announced that a subsidiary of Delek Logistics has acquired, from a subsidiary of Delek US Holdings, Inc. (NYSE:DK) ("Delek US"), certain storage tanks and the products terminal located at Delek US' El Dorado, Arkansas refinery for $95.9 million in cash. Delek Logistics financed the purchase price for these assets through new borrowings on its revolving credit facility.

Delek Logistics Partners primarily owns and operates logistics and marketing assets for crude oil and intermediate and refined products. Co. has two segments: pipelines and transportation, which provides crude oil gathering and crude oil, intermediate and finished products transportation and storage services primarily in support of the Tyler and El Dorado Refineries; and wholesale marketing and terminalling, which provides wholesale marketing and terminalling services to Delek U.S. Holdings, Inc.'s refining operations and to third parties from whom Co. receive fees for marketing, transporting, storing and terminalling refined products and to whom Co. wholesale markets refined products.

Open the DKL Page at The Online Investor »

Company Name: 
Delek Logistics Partners LP
Oil & Gas Equipment & Services
Number of ETFs Holding DKL: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

Open the DKL Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Hold (1.67 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Oil & Gas Equipment & Services M&A - Slide 21 of 100 Page |

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.