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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Summarized financial information concerning reportable segments consists of the following (in thousands):
For the year ended December 31, 2024 |  | Refining |  | Logistics |  | Retail |  |  |  |  |  | Corporate, Eliminations, and Other (1) |  | Total
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fuel revenue |  | $ | 7,509,773 |  |  | $ | — |  |  | $ | 474,330 |  |  |  |  |  |  | $ | (355,072) |  |  | $ | 7,629,031 |
Other revenue |  | 224,093 |  |  | 299,532 |  |  | 110,430 |  |  |  |  |  |  | (288,629) |  |  | 345,426 |
Total revenues |  | 7,733,866 |  |  | 299,532 |  |  | 584,760 |  |  |  |  |  |  | (643,701) |  |  | 7,974,457 |
Cost of revenues (excluding depreciation) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Refining intercompany logistics costs |  | 288,645 |  |  | — |  |  | — |  |  |  |  |  |  | (288,645) |  |  | — |
Other cost of revenues (excluding depreciation) |  | 6,860,619 |  |  | 175,590 |  |  | 420,064 |  |  |  |  |  |  | (355,125) |  |  | 7,101,148 |
Total cost of revenues (excluding depreciation) |  | 7,149,264 |  |  | 175,590 |  |  | 420,064 |  |  |  |  |  |  | (643,770) |  |  | 7,101,148 |
Operating expense (excluding depreciation) |  | 479,737 |  |  | 15,676 |  |  | 88,869 |  |  |  |  |  |  | — |  |  | 584,282 |
Depreciation and amortization |  | 91,108 |  |  | 27,033 |  |  | 11,037 |  |  |  |  |  |  | 2,412 |  |  | 131,590 |
General and administrative expense (excluding depreciation) |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 108,844 |  |  | 108,844 |
Equity earnings from refining and logistics investments |  | (3,663) |  |  | (8,242) |  |  | — |  |  |  |  |  |  | — |  |  | (11,905) |
Acquisition and integration costs |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 100 |  |  | 100 |
Par West redevelopment and other costs |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 12,548 |  |  | 12,548 |
Loss (gain) on sale of assets, net |  | 8 |  |  | 124 |  |  | (10) |  |  |  |  |  |  | 100 |  |  | 222 |
Operating income (loss) |  | $ | 17,412 |  |  | $ | 89,351 |  |  | $ | 64,800 |  |  |  |  |  |  | $ | (123,935) |  |  | $ | 47,628 |
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  |  |  |  |  | (82,793) |
Debt extinguishment and commitment costs |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,688) |
Other expense, net |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,869) |
Equity losses from Laramie Energy, LLC |  |  |  |  |  |  |  |  |  |  |  |  |  | (296) |
Loss before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  | (39,018) |
Income tax benefit |  |  |  |  |  |  |  |  |  |  |  |  |  | 5,696 |
Net loss |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (33,322) |
Total assets |  | $ | 2,723,020 |  |  | $ | 693,177 |  |  | $ | 236,055 |  |  |  |  |  |  | $ | 177,119 |  |  | $ | 3,829,371 |
Goodwill |  | 39,821 |  |  | 55,232 |  |  | 34,222 |  |  |  |  |  |  | — |  |  | 129,275 |
Capital expenditures |  | 108,920 |  |  | 16,867 |  |  | 6,423 |  |  |  |  |  |  | 3,330 |  |  | 135,540 |
________________________________________________________ (1)Includes eliminations of intersegment revenues and cost of revenues of $643.7 million for the year ended December 31, 2024.
For the year ended December 31, 2023 |  | Refining |  | Logistics |  | Retail |  |  |  |  |  | Corporate, Eliminations, and Other (1) |  | Total |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fuel revenue |  | $ | 7,821,130 |  |  | $ | — |  |  | $ | 487,709 |  |  |  |  |  |  | $ | (347,313) |  |  | $ | 7,961,526 |  |
Other revenue |  | 148,350 |  |  | 260,779 |  |  | 104,771 |  |  |  |  |  |  | (243,471) |  |  | 270,429 |  |
Total revenues |  | 7,969,480 |  |  | 260,779 |  |  | 592,480 |  |  |  |  |  |  | (590,784) |  |  | 8,231,955 |  |
Cost of revenues (excluding depreciation) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Refining intercompany logistics costs |  | 243,537 |  |  | — |  |  | — |  |  |  |  |  |  | (243,537) |  |  | — |  |
Other cost of revenues (excluding depreciation) |  | 6,602,297 |  |  | 145,944 |  |  | 437,198 |  |  |  |  |  |  | (347,330) |  |  | 6,838,109 |  |
Total cost of revenues (excluding depreciation) |  | 6,845,834 |  |  | 145,944 |  |  | 437,198 |  |  |  |  |  |  | (590,867) |  |  | 6,838,109 |  |
Operating expense (excluding depreciation) |  | 373,612 |  |  | 24,450 |  |  | 87,525 |  |  |  |  |  |  | — |  |  | 485,587 |  |
Depreciation and amortization |  | 81,017 |  |  | 25,122 |  |  | 11,462 |  |  |  |  |  |  | 2,229 |  |  | 119,830 |  |
General and administrative expense (excluding depreciation) |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 91,447 |  |  | 91,447 |  |
Equity earnings from refining and logistics investments |  | (7,363) |  |  | (4,481) |  |  | — |  |  |  |  |  |  | — |  |  | (11,844) |  |
Acquisition and integration costs |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 17,482 |  |  | 17,482 |  |
Par West redevelopment and other costs |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 11,397 |  |  | 11,397 |  |
Loss (gain) on sale of assets, net |  | 219 |  |  | — |  |  | (308) |  |  |  |  |  |  | 30 |  |  | (59) |  |
Operating income (loss) |  | $ | 676,161 |  |  | $ | 69,744 |  |  | $ | 56,603 |  |  |  |  |  |  | $ | (122,502) |  |  | $ | 680,006 |  |
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  |  |  |  |  | (72,450) |  |
Debt extinguishment and commitment costs |  |  |  |  |  |  |  |  |  |  |  |  |  | (19,182) |  |
Other expense, net |  |  |  |  |  |  |  |  |  |  |  |  |  | (53) |  |
Equity earnings from Laramie Energy, LLC |  |  |  |  |  |  |  |  |  |  |  |  |  | 24,985 |  |
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  | 613,306 |  |
Income tax benefit |  |  |  |  |  |  |  |  |  |  |  |  |  | 115,336 |  |
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 728,642 |  |
Total assets |  | $ | 2,904,563 |  |  | $ | 530,214 |  |  | $ | 256,711 |  |  |  |  |  |  | $ | 172,462 |  |  | $ | 3,863,950 |  |
Goodwill |  | 39,821 |  |  | 55,232 |  |  | 34,222 |  |  |  |  |  |  | — |  |  | 129,275 |  |
Capital expenditures |  | 42,711 |  |  | 18,916 |  |  | 18,801 |  |  |  |  |  |  | 1,849 |  |  | 82,277 |  |
________________________________________________________ (1)Includes eliminations of intersegment revenues and cost of revenues of $590.8 million for the year ended December 31, 2023.
For the year ended December 31, 2022 |  | Refining |  | Logistics |  | Retail |  |  |  |  |  | Corporate, Eliminations, and Other (1) |  | Total |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fuel revenue |  | $ | 7,029,685 |  |  | $ | — |  |  | $ | 475,351 |  |  |  |  |  |  | $ | (308,737) |  |  | $ | 7,196,299 |  |
Other revenue |  | 16,375 |  |  | 198,821 |  |  | 94,855 |  |  |  |  |  |  | (184,565) |  |  | 125,486 |  |
Total revenues |  | 7,046,060 |  |  | 198,821 |  |  | 570,206 |  |  |  |  |  |  | $ | (493,302) |  |  | $ | 7,321,785 |  |
Cost of revenues (excluding depreciation) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Refining intercompany logistics costs |  | 184,694 |  |  | — |  |  | — |  |  |  |  |  |  | (184,694) |  |  | — |  |
Other cost of revenues (excluding depreciation) |  | 6,148,000 |  |  | 109,458 |  |  | 428,712 |  |  |  |  |  |  | (310,156) |  |  | 6,376,014 |  |
Total cost of revenues (excluding depreciation) |  | 6,332,694 |  |  | 109,458 |  |  | 428,712 |  |  |  |  |  |  | (494,850) |  |  | 6,376,014 |  |
Operating expense (excluding depreciation) |  | 236,989 |  |  | 14,988 |  |  | 81,229 |  |  |  |  |  |  | — |  |  | 333,206 |  |
Depreciation and amortization |  | 65,472 |  |  | 20,579 |  |  | 10,971 |  |  |  |  |  |  | 2,747 |  |  | 99,769 |  |
General and administrative expense (excluding depreciation) |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 62,396 |  |  | 62,396 |  |
Acquisition and integration costs |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 3,663 |  |  | 3,663 |  |
Par West redevelopment and other costs |  | 9,003 |  |  | — |  |  | — |  |  |  |  |  |  | — |  |  | 9,003 |  |
Loss (gain) on sale of assets, net |  | 1 |  |  | (253) |  |  | 56 |  |  |  |  |  |  | 27 |  |  | (169) |  |
Operating income (loss) |  | $ | 401,901 |  |  | $ | 54,049 |  |  | $ | 49,238 |  |  |  |  |  |  | $ | (67,285) |  |  | $ | 437,903 |  |
Interest expense and financing costs, net |  |  |  |  |  |  |  |  |  |  |  |  |  | (68,288) |  |
Debt extinguishment and commitment costs |  |  |  |  |  |  |  |  |  |  |  |  |  | (5,329) |  |
Gain on curtailment of pension obligation |  |  |  |  |  |  |  |  |  |  |  |  |  | — |  |
Other income, net |  |  |  |  |  |  |  |  |  |  |  |  |  | 613 |  |
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  | 364,899 |  |
Income tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  | (710) |  |
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 364,189 |  |
Total assets |  | $ | 2,580,298 |  |  | $ | 412,336 |  |  | $ | 244,233 |  |  |  |  |  |  | $ | 43,780 |  |  | $ | 3,280,647 |  |
Goodwill |  | 39,821 |  |  | 55,232 |  |  | 34,272 |  |  |  |  |  |  | — |  |  | 129,325 |  |
Capital expenditures |  | 31,967 |  |  | 12,094 |  |  | 7,652 |  |  |  |  |  |  | 1,312 |  |  | 53,025 |  |
________________________________________________________ (1)Includes eliminations of intersegment revenues and cost of revenues of $493.3 million for the year ended December 31, 2022.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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