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Segment Information
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
We report the results for the following four reportable segments: (i) Refining, (ii) Logistics, (iii) Retail, and (iv) Corporate and Other.
Our CODM is the Chief Executive Officer, who regularly uses the operating results of these segments, including Adjusted Gross Margin and Adjusted EBITDA, to assess their performance and make decisions about resources to be allocated to the segments. The nearest U.S. GAAP equivalents, gross margin and Operating income, are presented below.

General and administrative expense includes certain shared costs such as finance, accounting, tax, human resources, information technology and legal costs that are not directly attributable to each operating segment. These expenses are, in general, allocated based on the time and resources spent to provide those individual services. The remaining non-operating expenses are included in the reconciliation of reportable segment to consolidated Net income (loss) as unallocated expenses.
Summarized financial information concerning reportable segments consists of the following (in thousands):
For the year ended December 31, 2024RefiningLogisticsRetailCorporate, 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 costs288,645 — — (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 amortization91,108 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, net8 124 (10)100 222 
Operating income (loss)$17,412 $89,351 $64,800 $(123,935)$47,628 
Interest expense and financing costs, net(82,793)
Debt extinguishment and commitment costs(1,688)
Other expense, net(1,869)
Equity losses from Laramie Energy, LLC(296)
Loss before income taxes(39,018)
Income tax benefit5,696 
Net loss$(33,322)
Total assets$2,723,020 $693,177 $236,055 $177,119 $3,829,371 
Goodwill39,821 55,232 34,222 — 129,275 
Capital expenditures108,920 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, 2023RefiningLogisticsRetailCorporate, 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 amortization81,017 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, net219 — (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, LLC24,985 
Income before income taxes613,306 
Income tax benefit115,336 
Net income$728,642 
Total assets$2,904,563 $530,214 $256,711 $172,462 $3,863,950 
Goodwill39,821 55,232 34,222 — 129,275 
Capital expenditures42,711 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, 2022RefiningLogisticsRetailCorporate, 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 amortization65,472 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 costs9,003 — — — 9,003 
Loss (gain) on sale of assets, net1 (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, net613 
Income before income taxes364,899 
Income tax expense(710)
Net income$364,189 
Total assets$2,580,298 $412,336 $244,233 $43,780 $3,280,647 
Goodwill39,821 55,232 34,272 — 129,325 
Capital expenditures31,967 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.