Company: DK
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001694426-25-000060
Chunk: 223

Company: Delek US Holdings, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 223
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73,011 Refined products pipelines56,010 63,234 SALA Gathering System10,321 12,987East Texas Crude Logistics System26,918 19,702Midland Gathering Assets246,090 213,458Plains Connection System179,240 256,844 Delaware Gathering Assets:Natural gas gathering and processing (Mcfd) (1)59,809 76,322 Crude oil gathering (average bpd)122,226 123,509 Water disposal and recycling (average bpd)128,499 129,264 Midland Water Gathering System: Water disposal and recycling (average bpd)632,972 — Wholesale Marketing & Terminalling:East Texas - Tyler refinery sales volumes (average bpd) (2) 67,876 66,475 Big Spring wholesale marketing throughputs (average bpd)— 76,615 West Texas wholesale marketing throughputs (average bpd)10,826 9,976 West Texas wholesale marketing margin per barrel$1.64 $2.15 Terminalling throughputs (average bpd) (3)135,404 136,614 

(1)     Mcfd - average thousand cubic feet per day.

(2)     Excludes jet fuel and petroleum coke.

(3)     Consists of terminalling throughputs at our Tyler, Big Spring, Big Sandy and Mount Pleasant, Texas terminals, El Dorado and North Little Rock, Arkansas terminals and Memphis and Nashville, Tennessee terminals.

Logistics revenue is largely based on fixed-fee or tariff rates charged for throughput volumes running through our logistics network, where many of those volumes are contractually protected by minimum volume commitments ("MVCs"). To the extent that our logistics volumes are not subject to MVCs, our Logistics revenue may be negatively impacted in periods where our customers are experiencing economic pressures or reductions in demand for their products. Additionally, certain of our throughput arrangements contain deficiency credit provisions that may require us to defer excess MVC fees collected over actual throughputs to apply toward MVC deficiencies in future periods. With respect to our equity method investments in pipeline joint ventures, our earnings from those investments (which is based on our pro rata ownership percentage of the joint venture's recognized net income or loss) are directly impacted by the operations of those joint ventures. Items impacting the joint venture net income (loss) may include (but are not limited to) the following: long-term