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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUE FROM OPERATIONS    
Revenues from operations $ 91,022 $ 116,661
COST OF GOODS SOLD    
Crude oil, fuel use, and chemicals 76,911 93,987
Other conversion costs 2,281 2,170
Total cost of goods sold 79,192 96,157
Gross profit 11,830 20,504
COST OF OPERATIONS    
LEH operating fee, related party 172 144
Other operating expenses 140 91
General and administrative expenses 983 1,207
Depreciation and amortization 704 698
Accretion of asset retirement obligations 0 35
Total cost of operations 1,999 2,175
Income from operations 9,831 18,329
OTHER INCOME (EXPENSE)    
Interest and other income 148 2
Interest and other expense (1,514) (1,332)
Total other income (expense) (1,366) (1,330)
Income before income taxes 8,465 16,999
Income tax expense (1,841) (246)
Net Income $ 6,624 $ 16,753
Income per common share:    
Basic (in dollars per share) $ 0.44 $ 1.12
Diluted (in dollars per share) $ 0.44 $ 1.12
Weighted average number of common shares outstanding:    
Basic (in shares) 14,921,968 14,921,968
Diluted (in shares) 14,921,968 14,921,968
Refinery Operations [Member]    
REVENUE FROM OPERATIONS    
Revenues from operations $ 89,915 $ 114,640
Tolling and Terminaling [Member]    
REVENUE FROM OPERATIONS    
Revenues from operations $ 1,107 $ 2,021