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CONSOLIDATED AND CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Revenues $ 180,676 $ 184,531 $ 373,219 $ 365,361
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold 78,504 76,811 168,080 154,458
Expenses:        
Operating expenses [1] 64,382 65,358 128,836 129,292
Selling, general and administrative [1] 10,882 10,701 22,656 19,614
Depreciation and amortization 12,638 12,687 25,454 25,336
Total costs and expenses 166,406 165,557 345,026 328,700
Gain on disposition or sale of property, plant and equipment 613 953 1,092 1,161
Operating income 14,883 19,927 29,285 37,822
Other income (expense):        
Interest expense, net (14,608) (14,377) (28,715) (28,219)
Equity in loss of DSM Semichem LLC (616) 0 (825) 0
Other, net 18 2 16 18
Total other expense (15,206) (14,375) (29,524) (28,201)
Net income before taxes (323) 5,552 (239) 9,621
Income tax expense (2,084) (1,772) (3,201) (2,568)
Net income (loss) (2,407) 3,780 (3,440) 7,053
Less general partner's interest in net income (loss) (48) 76 (69) 141
Less income (loss) allocable to unvested restricted units (10) 16 (14) 28
Limited partners' interest in net income (loss) $ (2,349) $ 3,688 $ (3,357) $ 6,884
Net income (loss) per unit attributable to limited partners - basic (in dollars per share) $ (0.06) $ 0.09 $ (0.09) $ 0.18
Net income (loss) per unit attributable to limited partners - diluted (in dollars per share) $ (0.06) $ 0.09 $ (0.09) $ 0.18
Weighted average limited partner units - basic (in shares) 38,892,347 38,832,222 38,887,692 38,833,039
Weighted average limited partner units - diluted (in shares) 38,892,347 38,891,375 38,887,692 38,872,192
Transportation        
Revenues:        
Revenues [1] $ 53,826 $ 57,676 $ 106,811 $ 115,983
Sulfur services        
Revenues:        
Revenues 4,073 3,477 8,296 6,954
Product sales        
Revenues:        
Revenues [1] 100,373 101,003 214,159 197,532
Specialty products        
Revenues:        
Revenues [1] 60,318 67,288 129,623 133,613
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold [1] 52,270 57,553 112,764 114,783
Sulfur services        
Revenues:        
Revenues [1] 40,055 33,715 84,536 63,919
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold [1] 26,234 19,234 55,316 39,633
Terminalling and storage        
Revenues:        
Revenues [1] 22,404 22,375 43,953 44,892
Cost of products sold: (excluding depreciation and amortization)        
Cost of products sold [1] $ 0 $ 24 $ 0 $ 42
[1] Related Party Transactions Included Above
Three Months EndedSix Months Ended
June 30,June 30,
2025202420252024
Revenues:*    
Terminalling and storage$18,221 $18,078 $35,483 $36,627 
Transportation7,320 8,318 15,290 16,919 
Product Sales1,040 123 2,340 252 
Costs and expenses:*
Cost of products sold: (excluding depreciation and amortization)
Specialty products7,277 8,368 13,287 14,941 
Sulfur services3,187 2,919 6,308 5,912 
Terminalling and storage— 24 — 42 
Expenses:
Operating expenses27,823 26,501 55,388 52,924 
Selling, general and administrative8,135 8,638 16,027 15,501