Segment Information (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of Segment Summarized Financial Information

Summarized financial information concerning reportable segments consists of the following (in thousands):

Three Months Ended September 30, 2022	Refining		Logistics		Retail		Corporate, Eliminations and Other (1)		Total
Revenues	1,974,701		54,635		157,385		(130,436)		$	2,056,285
Cost of revenues (excluding depreciation)	1,629,019		28,482		115,574		(130,449)		1,642,626
Operating expense (excluding depreciation)	63,049		3,710		21,570		—		88,329
Depreciation and amortization	16,542		5,059		2,865		659		25,125
Loss (gain) on sale of assets, net	—		(241)		56		—		(185)
General and administrative expense (excluding depreciation)	—		—		—		16,219		16,219
Operating income (loss)	$	266,091	$	17,625	$	17,320	$	(16,865)	$	284,171
Interest expense and financing costs, net									(16,852)
Debt extinguishment and commitment costs									343
Other expense, net									(198)
Income before income taxes									267,464
Income tax expense									(68)
Net income									$	267,396
Capital expenditures	$	3,754	$	2,967	$	2,135	$	182	$	9,038

Three Months Ended September 30, 2021	Refining		Logistics		Retail		Corporate, Eliminations and Other (1)		Total
Revenues	$	1,242,848	$	46,735	$	125,910	$	(105,125)	$	1,310,368
Cost of revenues (excluding depreciation)	1,086,074		24,077		93,387		(105,116)		1,098,422
Operating expense (excluding depreciation)	55,613		3,754		18,692		—		78,059
Depreciation and amortization	14,748		5,545		2,630		695		23,618
Loss on sale of assets, net	—		2		—		—		2
General and administrative expense (excluding depreciation)	—		—		—		12,473		12,473
Acquisition and integration costs	—		—		—		1		1
Operating income (loss)	$	86,413	$	13,357	$	11,201	$	(13,178)	$	97,793
Interest expense and financing costs, net									(15,374)
Debt extinguishment and commitment costs									(9)
Other expense, net									(22)
Income before income taxes									82,388
Income tax expense									(586)
Net income									$	81,802
Capital expenditures	$	3,164	$	1,353	$	2,255	$	236	$	7,008

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(1)Includes eliminations of intersegment revenues and cost of revenues of $130.4 million and $105.1 million for the three months ended September 30, 2022 and 2021, respectively.

Nine Months Ended September 30, 2022	Refining		Logistics		Retail		Corporate, Eliminations and Other (1)		Total
Revenues	$	5,318,379	$	147,729	$	424,505	$	(377,703)	$	5,512,910
Cost of revenues (excluding depreciation)	4,772,511		77,970		329,058		(377,739)		4,801,800
Operating expense (excluding depreciation)	180,450		11,280		60,345		—		252,075
Depreciation and amortization	48,854		15,357		8,156		2,121		74,488
Loss (gain) on sale of assets, net	—		(253)		56		27		(170)
General and administrative expense (excluding depreciation)	—		—		—		47,550		47,550
Acquisition and integration costs	—		—		—		63		63
Operating income (loss)	$	316,564	$	43,375	$	26,890	$	(49,725)	$	337,104
Interest expense and financing costs, net									(51,400)
Debt extinguishment and commitment costs									(5,329)
Other expense, net									(149)
Income before income taxes									280,226
Income tax expense									(756)
Net income									$	279,470
Capital expenditures	$	25,249	$	6,877	$	5,224	$	708	$	38,058

Nine Months Ended September 30, 2021	Refining		Logistics		Retail		Corporate, Eliminations and Other (1)		Total
Revenues	$	3,237,450	$	136,750	$	335,544	$	(293,171)	$	3,416,573
Cost of revenues (excluding depreciation)	3,160,348		71,473		245,930		(293,168)		3,184,583
Operating expense (excluding depreciation)	156,895		11,144		53,029		—		221,068
Depreciation and amortization	43,373		16,176		8,164		2,333		70,046
Gain on sale of assets, net	(19,595)		(19)		(44,786)		—		(64,400)
General and administrative expense (excluding depreciation)	—		—		—		36,559		36,559
Acquisition and integration costs	—		—		—		87		87
Operating income (loss)	$	(103,571)	$	37,976	$	73,207	$	(38,982)	$	(31,370)
Interest expense and financing costs, net									(50,711)
Debt extinguishment and commitment costs									(8,144)
Gain on curtailment of pension obligation									2,032
Other income, net									3
Loss before income taxes									(88,190)
Income tax expense									(1,193)
Net loss									$	(89,383)
Capital expenditures	$	10,171	$	5,316	$	4,830	$	698	$	21,015

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(1)Includes eliminations of intersegment revenues and cost of revenues of $377.7 million and $293.2 million for the nine months ended September 30, 2022 and 2021, respectively.