Delek Logistics Partners LP (NYSE: DKL) is paying $10 million to buy logistics assets from Magellan Midstream Partners LP.

Delek is acquiring a products terminal in Mount Pleasant Texas, a storage facility in Greenville, Texas, and a pipeline connecting the locations. The storage locations can store 505,000 barrels of oil, collectively.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.