Delek Logistics Partners LP

Good day and welcome to the DELIC Logistics Partners first quarter 2023 conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your touchtone phone. And to withdraw your question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Rosie Zuklik. Please go ahead, ma'am.

Good morning and welcome to the DELEC Logistics Partners First Quarter Earnings Conference Call. Participants on today's call will include Avigal Sorek, President, Joseph Israel, EVP Operations, Ruben Spiegel, EVP and Chief Financial Officer, and Odeli Sakasi, SVP, DELEC Logistics. As a reminder, This conference call will contain forward-looking statements as defined under the federal securities laws, including, without limitations, statements regarding guidance and future business outlook. These statements involve risks and uncertainties that may cause actual results to differ from our forecast. For more information, please refer to the risk factors discussed in the company's most recently filed annual report on Form 10-K and quarterly report on Form 10-Q filed with the SEC. along with the press release associated with this call. The company assumes no obligation to update any forward-looking statements or information, which speak of their respective dates. Before I turn the call over to Avigal, I just want to remind everyone of a reporting change we made last quarter. After the three bear acquisition, we reorganized our business and changed the naming of Delic Permian Gathering to Midland Gathering. The three bear gathering assets are now referred to as Delaware Gathering. Avigol?

Thank you, Rosie. Delic Logistics partners started 2023 with another record quarter. Our logistics system ran well, contributing to a record figure of over $93 million. Delic Logistics continues to deliver a solid operation performance and generating strong cash flow. This is due to investment we have made to develop our assets As an example, compared with last year, we have more than doubled the volume in the Midland Gathering system. In addition, during the quarter, TechLogistic continued its track record of a safe and reliable operation. As of the end of March, DKL employees and contractors have worked a combined of 4 million man-hours with zero lost-time injuries. I am extremely proud of our employees and contractors who continue to focus on safety and achieve milestones. On April 28th, our board of directors approved a 4.6% increase in the quarterly distribution to $1.02 per limited partner unit for the first quarter. This marks 41 consecutive quarterly distribution increases for the partnership, and we are committed to continuing this trend. This increase demonstrates our commitment to our unit holders and our confidence in our business. We continue to be optimistic on the outlook for the midstream business and believe DELEC Logistics is well positioned to continue its strong track record of growth. I will now hand it over to Ruben.