Delek Logistics Partners LP

Hello everyone. Thank you for joining us and welcome to the Delic Logistics Partners second quarter 2026 earnings call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star one to raise your hand. To withdraw your question, press star one again. I will now hand the conference over to Robert Wright, EVP and Chief Financial Officer. Robert, please go ahead.

Good morning and welcome to the Delic Logistics Partners second quarter earnings conference call. Participants joining me on today's call will include Avigal Soreq, President and Chairman, Mark Hobbs, EVP, as well as other members of our management team. As a reminder, this conference call will contain forward-looking statements as defined under the federal securities laws, including statements regarding guidance and future business outlook. Any forward-looking statements made during today's calls involve risks and uncertainties that may cause actual results to differ materially from today's comments. Factors that could cause actual results to differ are included in our SEC filings. The company assumes no obligation to update any forward-looking statements. I will now turn the call over to Avigal for opening remarks. Avigal?

Thank you, Robert. Today, ZKL reported $144 million in adjusted EBITDA in the second quarter. reaffirming fully remitted guidance of $520 to $560 million. DKL's strong results are a reminder of our advanced position as a premier full service provider of crude gas and water in the Permian Basin. As of July 1st, Mark moved from his CFO position at DELEC to lead role at DELEC Logistics and we recently brought on Chris Kendrick as our new SVP of Commercials. I'm highly confident that Mark, Chris, and the rest of the DELEC Logistics team will deliver the next chapter of growth for DKL. All three of our segments are doing well, and I will provide more detail on each one of these segments. Starting with gas, we are nearing the completion of our integrated sour gas processing, treating, and handling solution of Fleabee gas complex. The comprehensive system will serve our customers by further supporting long-term oil and gas production growth in the dollar basin. Moving to crude, both DPG and DDG continue to see strong performance, with DDG Crude Gathering delivering a record quarter. We look forward to further optimizing and growing the system. Our water business continues to perform well. and we are continuing to explore growth opportunities in this space. Our combined gas, crude and water offering in the Perelman Basin has improved our competitive position and established a platform for future growth. We will continue to pursue growth opportunities in a disciplined manner while maintaining a focus on leverage and coverage. will also intend to remain a good steward of our stakeholders' capital. Our board of directors has approved our 54 consecutive quarterly distribution increase, raising the distribution to $1.13 and a half per unit. This is an extraordinary milestone, and it reflects the exceptional work of our team and the financial discipline that has brought us to this point. With the foundation we have built and the opportunities ahead, we are confident in our ability to continue delivering sustainable growth and long-term value for our unit holders. I will now turn it over to Mark, who will provide additional detail on our operations.