Delek US Holdings, Inc. (DK) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.459 Joseph Israel, EVP Operations, and Mark Hobbs, EVP Chief Financial Officer. 00:00:05.459 -- 00:00:09.765 Today's presentation material can be found on the Investor Relations section of the DELIC 00:00:09.765 -- 00:00:11.287 US website. 00:00:11.287 -- 00:00:16.073 Slide 2 contains our safe harbor statement regarding forward-looking information. 00:00:16.073 -- 00:00:20.359 Any forward-looking information shared during today's call will include risks and uncertainties 00:00:20.359 -- 00:00:24.465 that may cause actual results to differ materially from today's comments. 00:00:24.465 -- 00:00:28.571 Factors that could cause actual results to differ are included here as well as within 00:00:28.571 -- 00:00:34.784 our SEC filings. The company assumes no obligation to update any forward-looking information. 00:00:34.784 -- 00:00:37.588 I will now turn the call over to Abigail for opening remarks. 00:00:37.588 -- 00:00:39.151 Abigail? 00:00:39.151 -- 00:00:42.475 Thank you, Robert. Good morning, and thank you for joining us today. 00:00:42.475 -- 00:00:47.542 In the third quarter, excluding SREs, DELEC reported strong adjusted EPS of 00:00:47.542 -- 00:00:50.447 $1.52 and adjusted 00:00:50.447 -- 00:00:55.514 EBITDA of approximately $319 million. These results are 00:00:55.514 -- 00:01:00.855 a reflection of DELEC's strong momentum. We had excellent contribution from our enterprise 00:01:00.855 -- 00:01:05.421 optimization plan with a notable progress from all business units. 00:01:05.421 -- 00:01:10.529 As a result, we are again increasing our EOP guidance to at least $180 00:01:10.529 -- 00:01:15.897 million on an annual run rate basis. During the third quarter, EPA approved 00:01:15.897 -- 00:01:21.565 several of our pending 2019 to 20...