---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-277458"
form_type: "8-K"
ticker: "DKL"
cik: "0001552797"
company_name: "Delek Logistics Partners, LP"
filed_at: "2024-12-13T23:59:59+00:00"
generated_at: "2026-05-29T03:36:00.567108+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Delek Logistics announces $285M acquisition of Gravity Water, AGI project, and acreage expansion

## Summary
- Acquires Gravity Water Midstream for $285M ($200M cash + $85M in DKL common units), expected close early 2025.
- EBITDA multiple below 5.5x; immediately accretive to free cash flow, EBITDA, and leverage.
- Final investment decision on acid gas injection (AGI) at Libby 2 plant in Permian, targeted second half 2025.
- Secured additional ~34,000 acre dedication in Midland Basin, total ~400,000 acres; supports Delek Permian Gathering System.
- DKL has >$700M liquidity to pursue growth without external capital.

## SEC filing metadata
- accession: 0001193125-24-277458
- form_type: 8-K
- ticker: DKL
- cik: 0001552797
- company_name: Delek Logistics Partners, LP
- filed_at: 2024-12-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552797/000119312524277458/0001193125-24-277458-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552797/000119312524277458/d924717d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-277458
- JSON: https://secwatch.observer/filing/0001193125-24-277458.json
- Plain text: https://secwatch.observer/filing/0001193125-24-277458.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.