Company: DK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050541
Chunk: 276

Company: Delek US Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 276
---
Management's Discussion and Analysis

Logistics Segment

The table below sets forth certain information concerning our logistics segment operations ($ in millions, except per barrel amounts):

Selected Logistics Financial and Operating InformationThree Months Ended September 30,Nine Months Ended September 30,2025202420252024Revenues$261.3 $214.1 $757.6 $730.8 Cost of materials and other$129.8 $117.5 $378.2 $379.3 Operating expenses (excluding depreciation and amortization)$43.8 $28.0 $122.9 $89.5 EBITDA$102.0 $68.6 $277.6 $268.9 Operating Information:Gathering & Processing: (average bpd)Lion Pipeline System:Crude pipelines (non-gathered)71,802 68,430 68,340 71,576 Refined products pipelines59,679 55,283 56,442 59,681 SALA Gathering System9,053 13,8869,781 12,113East Texas Crude Logistics System31,317 35,89130,462 26,319Midland Gathering Assets222,980 185,179213,750 201,796Plains Connection System185,151 188,421 174,446 218,323 Delaware Gathering Assets:Natural gas gathering and processing (Mcfd) (1)62,692 75,719 61,157 76,092 Crude oil gathering (average bpd)153,745 125,123 137,828 124,190 Water disposal and recycling (average bpd)87,176 123,856 110,575 123,360 Midland Water Gathering System: Water disposal and recycling (average bpd)616,484 311,290 674,532 311,290 Wholesale Marketing & Terminalling:East Texas - Tyler refinery sales volumes (average bpd) (2) 67,439 70,172 67,609 69,246 Big Spring wholesale marketing throughputs (average bpd)— 22,700 — 60,109 West Texas wholesale marketing throughputs (average bpd)2,680 6,552 8,058 5,276 West Texas wholesale marketing margin per barrel$4.50 $3.38