Delek Logistics Partners LP (DKL) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. My name is Jael, and I will be your conference operator today. At this time, I would like to welcome everyone to the Delic Logistics Partners first quarter 2025 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, simply press star one again. I would now like to turn the conference over to Robert Wright, EVP, and Chief Financial Officer. You may begin. Good morning, and welcome to the Dellick Logistics Partners First Quarter Earnings Conference Call. Participants joining me on today's call will include Abigail Sorek, President, and Ruben Spiegel, EVP. As a reminder, this conference call will contain forward-looking statements as defined under the federal securities laws, including statements regarding guidance and future business outlook. Any forward-looking information shared during today's call will involve risks and uncertainties that may cause actual results to differ materially from today's comments. Factors that could cause actual results to differ are included in our SEC filings. The company assumes no obligation to update any forward-looking statements. I will now turn the call over to Abigail for opening remarks. Abigail? Thank you, Robert. Dellec Logistics Partners had another record quarter. We reported approximately $117 million in quarterly adjusted EBITDA, facing DKL on track to deliver on its full-year EBITDA guidance of $480 to $520 million. After transformational 2024, Delac Logistics continues to make substantial progress in improving its position as the...