Delek Logistics Partners LP

Good day and welcome to the DELEC Logistics Partners third quarter 2023 conference call. All participants will be in 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 a touchtone phone. 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 Zucklick, Vice President of Investor Relations. Please go ahead.

Good day and welcome to the Dellick Logistics Partners Third Quarter Earnings Conference Call. Participants on today's call will include Abigail Sorek, President, Joseph Israel, EVP Operations, Reuben Spiegel, EVP and Chief Financial Officer, and Odeli Sakazi, SVP, Delic Logistics. As a reminder, this conference call will contain forward-looking statements as defined under the federal securities laws, including, without limitation, statements regarding guidance and future business outlook. These statements involve risks and uncertainties that may cause actual results to differ from our forecasts. 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 as of their respective dates. I'll now turn the call over to Avigal for opening remarks. Avigal?

Thank you, Ozzie. Teleg Logistics partners delivered another record quarter with over $98 million in EBITDA. We have been pleased to see the consistent performance of our team and assets. We are very proud to be able to deliver that value back to our unit holders. This is a result of our dedication to the company's strategic objectives. Growing third-party revenues, maintaining multi-year MVC contracts, and keeping a focus on growth opportunities. Midland Gathering achieved a record throughput this quarter as a result of our investment in the system. With the Delaware Gathering system, we were able to support our objective, diversifying revenue stream and increasing third-party business. Given our strong performance this quarter, we are confident in our ability to exceed $100 million in a quarterly EBITDA run rate by Q4 of this year. I'm also very proud to say that DKL recently received Operational Award of Excellence concert from the National Safety Council, demonstrating our team's dedication to safety and operational excellence. On October 25th, our Board of Directors approved 5.6% increase in the quarterly distribution from prior year to $1.045 per limited partner unit for the third quarter of this year, highlighting our commitment to increasing the quarterly distribution. I will now hand it over to Ruben.