DKL - Mergers and acquisitions

Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics" or "DKL") announced the development of permitted acid gas injection "AGI" capabilities at its under-construction Libby 2 gas processing plant. "We are committed to executing our strategy of being the preferred oil, gas and water midstream services provider in the Permian Basin. Delek Logistics continues to provide the best combination of yield and growth in the midstream sector. We are determined to showcase the value DKL has created in the Permian Basin and are confident that our strategy will continue to yield benefits for the stakeholders of Delek Logistics. The announcements today are a testament to the high-quality growth opp

BRENTWOOD, Tenn., April 25, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics") today declared its quarterly cash distribution for the first quarter 2022 of $0.98 per common limited partner unit, or $3.92 per common limited partner unit on an annualized basis. This distribution represents a 0.5 percent increase from the distribution for the fourth quarter 2021 of $0.975 per common limited partner unit ($3.90 per common limited partner unit annualized) and a 6.5 percent increase over Delek Logistics' distribution for the first quarter 2021 of $0.92 per common limited partner unit ($3.68 per common limited partner unit annualized). The first quarter 2022 cash distr

BRENTWOOD, Tenn., April 11, 2022 /PRNewswire/ -- Delek Logistics Partners, LP (NYSE:DKL) announced today that one of its subsidiaries has signed a definitive purchase agreement for the acquisition of 100% of the equity interests of 3Bear Delaware Holding – NM, LLC, an indirect subsidiary of 3Bear Energy, LLC ("3Bear"), related to 3Bear's crude oil and gas gathering, processing and transportation businesses, as well as water disposal and recycling operations in the Delaware Basin in New Mexico, for cash consideration of $624.7 million, subject to customary closing adjustments. Delek Logistics is executing the transaction through a newly formed, wholly owned subsidiary, DKL Delaware Gathering,

NEW YORK, May 25, 2021 (GLOBE NEWSWIRE) -- Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) and Jefferson Energy Companies ("Jefferson Energy") are pleased to announce the successful completion of the Paline pipeline interconnection project. This project consisted of constructing approximately five miles of new 10-inch pipeline connecting the Paline pipeline into the Jefferson Energy terminal. The interconnection allows for ratable and efficient light crude oil pipeline movements from Cushing, Oklahoma to the Jefferson Energy terminal in Beaumont, Texas. As a result, numerous light grades of crude oil originating from the most prolific production basins in North America