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Since 2001, the Company has completed multiple acquisitions in the refining, marketing & logistics, and convenience store industries.Today, Delek is a diversified downstream energy company with assets in petroleum refining, logistics, asphalt, renewable fuels, and convenience store retailing. Key events in its history are summarized below:
Acquisitions/Divestitures
May 2001: Acquired MAPCO Express, Inc., with 198 retail fuel and convenience stores
April 2005: Acquired the Tyler Refinery and its related assets
July 2006: Acquired of 40 Retail Fuel and Convenience Stores From Fast Petroleum
August 2006: Acquired of Refining Equipment, Pipelines, Storage Tanks and Terminals From Pride Companies
October 2011: Acquired sole ownership of Lion Oil Company, with a refinery, pipeline and other refining, product terminal, and crude oil pipeline assets in and around El Dorado, Arkansas, and product terminals in Memphis and Nashville, Tennessee
January 2013: Announced Agreement to Purchase a Biodiesel Facility in Cleburne,Texas from EQM Technologies & Energy, Inc.
February 2014: Announced Agreement to Purchase a Biodiesel Facility in Crossett, Arkansas
November 2016: Completed Sale of MAPCO Retail Related Assets for $535 million
March 2018: Sold refineries in Paramount, California and Long Beach, California to World Energy LLC.
November 2018: Announced Big Spring Crude Oil Gathering System in the Permian Basin
May 2019: Acquired 33% Interest in Red River pipeline joint venture
August 2019: Acquired 15% Interest in Wink to Webster Pipeline LLC
November 2019: Announced Agreement to Purchase a Biodiesel Facility in New Albany, Mississippi
May 2020: Sold Bakersfield Refinery to Global Clean Energy HoldingsMergers
May 2015: Acquired 33.7 million shares of common stock of Alon USA Energy, Inc. This represented approximately 48% of Alon USA shares outstanding in May 2015
July 2017: Acquired the remaining shares of common stock of Alon USA Energy, Inc. Operations included refining, retail, asphalt, and renewable fuel, including Paramount Petroleum.
https://en.wikipedia.org/wiki/Delek_US
https://in.investing.com/equities/delek-logistics-partners-lp
https://finance.yahoo.com/quote/DKL/profile?p=DKL
https://www.comparably.com/companies/delek-logistics-partners
https://www.crunchbase.com/organization/delek-logistics-partners-l-p
https://sec.report/CIK/0001552797