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DKL vs SMC

DELEK LOGISTICS PARTNERS, LP and Summit Midstream Corporation

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DELEK LOGISTICS PARTNERS, LP

Delek Logistics Partners, LP provides gathering, pipeline, transportation, and other services for crude oil, intermediates, refined products, natural gas, storage, wholesale marketing, terminalling water disposal and recycling customers in the United States. The company operates in four segments: gathering and processing, wholesale marketing and terminalling, storage and transportation, and investments in pipeline joint ventures. It offers tanks, offloading facilities, and trucks and ancillary assets that provide crude oil, hydrocarbon-based products, intermediate and refined products transportation, and storage services. Delek Logistics GP, LLC serves as the general partner of the company. Delek Logistics Partners, LP was incorporated in 2012 and is headquartered in Brentwood, Tennessee. Delek Logistics Partners, LP operates as a subsidiary of Delek US Holdings, Inc.

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Summit Midstream Corporation

Summit Midstream Corporation focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in the continental United States. The company operates through Rockies, Permian, Piceance, Mid-Con, and Northeast segments. It owns, develops, and operates natural gas, crude oil, produced water gathering systems, and transmission pipelines. The company serves natural gas and crude oil producers. Summit Midstream Corporation was founded in 2009 and is based in Houston, Texas.

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