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Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Summarized Financial Information

Summarized financial information concerning reportable segments consists of the following (in thousands):

Three Months Ended March 31, 2025						Refining						Logistics						Retail																		Corporate, Eliminations and Other (1)						Total
Revenues
Fuel revenue						$	1,605,535					$	—					$	111,621																	$	(80,818)					$	1,636,338
Other revenue						80,594						71,415						24,811																		(68,122)						108,698
Total revenues						1,686,129						71,415						136,432																		(148,940)						1,745,036
Cost of revenues (excluding depreciation)
Refining intercompany logistics costs						68,149						—						—																		(68,149)						—
Other cost of revenues (excluding depreciation)						1,502,973						40,567						96,639																		(80,819)						1,559,360
Total cost of revenues (excluding depreciation)						1,571,122						40,567						96,639																		(148,968)						1,559,360
Operating expense (excluding depreciation)						118,620						4,365						21,169																		—						144,154
Depreciation and amortization						26,397						6,819						2,662																		708						36,586
General and administrative expense (excluding depreciation)						—						—						—																		24,243						24,243
Equity earnings from refining and logistics investments						(5,289)						(2,225)						—																		—						(7,514)
Acquisition and integration costs						—						—						—																		—						—
Par West redevelopment and other costs						—						—						—																		3,982						3,982
Loss on sale of assets, net						—						—						1																		—						1
Operating income (loss)						$	(24,721)					$	21,889					$	15,961																	$	(28,905)					$	(15,776)
Interest expense and financing costs, net																																										(21,848)
Debt extinguishment and commitment costs																																										(25)
Other expense, net																																										(371)
Equity earnings from Laramie Energy, LLC																																										726
Loss before income taxes																																										(37,294)
Income tax benefit																																										6,894
Net loss																																										$	(30,400)
Capital expenditures						$	33,974					$	3,821					$	2,458																	$	680					$	40,933

Three Months Ended March 31, 2024						Refining						Logistics						Retail																		Corporate, Eliminations and Other (1)						Total
Revenues
Fuel revenue						$	1,883,976					$	—					$	114,473																	$	(90,070)					$	1,908,379
Other revenue						42,640						71,842						25,661																		(67,687)						72,456
Total revenues						1,926,616						71,842						140,134																		(157,757)						1,980,835
Cost of revenues (excluding depreciation)
Refining intercompany logistics costs						67,693						—						—																		(67,693)						—
Other cost of revenues (excluding depreciation)						1,691,702						42,797						103,052																		(90,073)						1,747,478
Total cost of revenues (excluding depreciation)						1,759,395						42,797						103,052																		(157,766)						1,747,478
Operating expense (excluding depreciation)						126,468						3,812						22,980																		—						153,260
Depreciation and amortization						22,270						6,775						3,116																		495						32,656
General and administrative expense (excluding depreciation)						—						—						—																		41,755						41,755
Equity earnings from refining and logistics investments						(4,117)						(1,977)						—																		—						(6,094)
Acquisition and integration costs						—						—						—																		243						243
Par West redevelopment and other costs						—						—						—																		1,971						1,971
Loss (gain) on sale of assets, net						—						61						(10)																		—						51
Operating income (loss)						$	22,600					$	20,374					$	10,996																	$	(44,455)					$	9,515
Interest expense and financing costs, net																																										(17,884)
Debt extinguishment and commitment costs																																										—
Other expense, net																																										(2,576)
Equity earnings from Laramie Energy, LLC																																										4,563
Loss before income taxes																																										(6,382)
Income tax benefit																																										2,631
Net loss																																										$	(3,751)
Capital expenditures						$	16,296					$	4,770					$	1,300																	$	276					$	22,642

________________________________________________________

(1)Includes eliminations of intersegment revenues and cost of revenues of $148.9 million and $157.8 million for the three months ended March 31, 2025, and 2024, respectively.

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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

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- References

No definition available.

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