v3.26.1
Refining and Logistics Equity Investments (Tables)
 6 Months Ended
Jun. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Change in Equity Investment The change in our equity investment in YELP is as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Beginning balance$70,294 $62,456 $69,740 $57,167 
Equity earnings from YELP5,125 5,842 8,850 11,479 
Amortization of basis difference
(348)(348)(696)(696)
Dividends received— — (2,823)— 
Ending balance$75,071 $67,950 $75,071 $67,950 
The change in our equity investment in YPLC is as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Beginning balance$31,366 $31,369 $28,914 $29,144 
Equity earnings from YPLC2,652 1,773 5,066 3,960 
Accretion of basis difference39 38 77 76 
Dividends received— (5,840)— (5,840)
Ending balance$34,057 $27,340 $34,057 $27,340 
The change in our equity investment in Laramie Energy is as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Beginning balance$44,985 $13,224 $35,806 $12,498 
Equity earnings (losses) from Laramie Energy(3,072)242 4,701 (646)
Accretion of basis difference1,406 1,614 2,812 3,228 
Ending balance
$43,319 $15,080 $43,319 $15,080