v3.26.1
Revenues
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
The following table represents a disaggregation of revenue for the gathering and processing, wholesale marketing and terminalling, and storage and transportation segments for the periods indicated (in thousands):
Three Months Ended June 30, 2026
Gathering and Processing
Wholesale Marketing and Terminalling
Storage and Transportation
Consolidated
Service Revenue - Third Party
$
21,734 
$
— 
$
1,119 
$
22,853 
Service Revenue - Affiliate
3,260 
502 
17,598 
21,360 
Product Revenue - Third Party
110,268 
46,875 
— 
157,143 
Product Revenue - Affiliate
2,183 
107,810 
— 
109,993 
Lease Revenue - Affiliate
57,694 
7,541 
8,176 
73,411 
Total Revenue
$
195,139 
$
162,728 
$
26,893 
$
384,760 
Three Months Ended June 30, 2025
Gathering and Processing
Wholesale Marketing and Terminalling
Storage and Transportation
Consolidated
Service Revenue - Third Party
$
20,526 
$
— 
$
1,350 
$
21,876 
Service Revenue - Affiliate
1,521 
6,695 
13,636 
21,852 
Product Revenue - Third Party
58,143 
52,248 
— 
110,391 
Product Revenue - Affiliate
664 
36,533 
— 
37,197 
Lease Revenue - Affiliate
36,913 
9,139 
8,982 
55,034 
Total Revenue
$
117,767 
$
104,615 
$
23,968 
$
246,350 
Six Months Ended June 30, 2026
Gathering and Processing
Wholesale Marketing and Terminalling
Storage and Transportation
Consolidated
Service Revenue - Third Party
$
44,731 
$
— 
$
2,595 
$
47,326 
Service Revenue - Affiliate
6,327 
1,146 
32,935 
40,408 
Product Revenue - Third Party
192,701 
70,745 
— 
263,446 
Product Revenue - Affiliate
2,567 
193,978 
— 
196,545 
Lease Revenue - Affiliate
103,489 
14,655 
16,357 
134,501 
Total Revenue
$
349,815 
$
280,524 
$
51,887 
$
682,226 
Six Months Ended June 30, 2025
Gathering and Processing
Wholesale Marketing and Terminalling
Storage and Transportation
Consolidated
Service Revenue - Third Party
$
38,980 
$
— 
$
2,932 
$
41,912 
Service Revenue - Affiliate
3,027 
13,352 
27,610 
43,989 
Product Revenue - Third Party
119,725 
94,239 
— 
213,964 
Product Revenue - Affiliate
3,883 
85,859 
— 
89,742 
Lease Revenue - Affiliate
70,755 
17,864 
18,054 
106,673 
Total Revenue
$
236,370 
$
211,314 
$
48,596 
$
496,280 
As of June 30, 2026, we expect to recognize approximately $461.1 million in service revenues related to our unfulfilled performance obligations pertaining to the minimum volume commitments and capacity utilization under the non-cancelable terms of our commercial agreements with Delek Holdings. Most of these agreements have an initial term ranging from five to ten years, which may be extended for various renewal terms. We disclose information about remaining performance obligations that have original expected durations of greater than one year.
Our unfulfilled performance obligations as of June 30, 2026, were as follows (in thousands):
Remainder of 2026
$
68,400 
2027
135,787 
2028
87,664 
2029
78,241 
2030 and thereafter
90,958 
Total expected revenue on remaining performance obligations
$
461,050