Delek Logistics Partners LP

Good morning, ladies and gentlemen, and welcome to the DLAC Logistics Partners for Quarter 2023 conference call. At this time, all lines are in a listen-only mode. Following the presentation, we'll conduct a question and answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. This call is being recorded on Tuesday, February 27, 2024. I would now like to turn the conference over to Rosie Zulek, VP of Investor Relations.

Please go ahead. Good day and welcome to the Delic Logistics Partners fourth quarter earnings conference call. Participants on today's call will include Avigal Thorek, President, Joseph Israel, EVP, Operations, Reuben Spiegel, EVP and Chief Financial Officer, and Odele 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 forecast. For more information, please refer to the risk factors discussed in the partnership'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 partnership 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 Abigail for opening remarks.

Thank you, Rosie. The Eric Logistics partner finished 2023 strong. We delivered another record quarter and achieved a record year. DKL exceeds $100 million in adjusted EBITDA this quarter. We saw a substantial growth from our new connection in our midland gathering operations, further validating our strong position in the Permian Basin. I'm very proud of our employees who are dedicated to making DELEX logistics succeed. It is their dedication to safe and reliable operation that makes our results The team has gone without a lost time injury four years in a row and counting. We are also focused on growing third-party revenues, allocating capital in a disciplined manner, and exploring natural gas opportunities in the Delaware Basin where we see significant growth. In January, the Board approved the 44th consecutive increase in the quarterly distribution to $1.055 per unit. The logistics has shown a strong track record of delivering value to unit holders. We feel confident in our ability to maintain competitive distribution to our investors. I will now hand it over to Ruben.