|
FY2025
12 months to Dec 31, 2025
|
FY2024
12 months to Dec 31, 2024
|
|
|---|---|---|
| Operating activities | ||
| Net income (loss) | ||
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||
| Depreciation and amortization | ||
| Amortization of turnaround costs | ||
| Non-cash interest expense | ||
| Debt extinguishment costs | ||
| RINs gain | ||
| Unrealized (gain) loss on derivative instruments | ||
| Loss on impairment and disposal of assets | ||
| Gain on sale of business | ||
| Equity based compensation | ||
| Lower of cost or market inventory adjustment | ||
| Other adjustments to reconcile net income (loss) to cash flow from operating activities | ||
| Changes in assets and liabilities | ||
| Accounts receivable | ||
| Inventories | ||
| Prepaid expenses and other current assets | ||
| Turnaround costs | ||
| Other assets | ||
| Accounts payable | ||
| Accrued interest payable | ||
| Accrued salaries, wages and benefits | ||
| Other taxes payable | ||
| Other liabilities | ||
| Net cash provided by (used in) operating activities | ||
| Investing activities | ||
| Additions to property, plant and equipment | ||
| Proceeds from sale of property, plant and equipment | ||
| Proceeds from sale of business, net | ||
| Purchases of investments | ||
| Net cash provided by (used in) investing activities | ||
| Financing activities | ||
| Proceeds from borrowings - revolving credit facility | ||
| Repayments of borrowings - revolving credit facility | ||
| Proceeds from borrowings - MRL revolving credit agreement | ||
| Repayments of borrowings - MRL revolving credit agreement | ||
| Proceeds from borrowings - senior notes | ||
| Repayments of borrowings - senior notes | ||
| Payments on finance lease obligations | ||
| Proceeds from inventory financing | ||
| Payments on inventory financing | ||
| Proceeds from sale of redeemable noncontrolling interest in subsidiary | ||
| Payments for issuance of Preferred Units | ||
| Repayments of borrowings - MRL Credit Facility | ||
| Proceeds from other financing obligations | ||
| Proceeds from DOE Loan | ||
| Proceeds from asset financing arrangements | ||
| Payments on asset financing arrangements | ||
| Repayments of borrowings - MRL Asset Financing Arrangements | ||
| Repayments of borrowings - MRL Term Loan Credit Agreement | ||
| Debt issuance costs and debt discount | ||
| Payments on other financing obligations | ||
| Net cash provided by financing activities | ||
| Net increase (decrease) in cash, cash equivalents and restricted cash | ||
| Cash, cash equivalents and restricted cash at beginning of period | ||
| Cash, cash equivalents and restricted cash at end of period | ||
| Cash and cash equivalents | ||
| Restricted cash | ||
| Supplemental disclosure of cash flow information | ||
| Interest paid, net of capitalized interest | ||
| Supplemental disclosure of non-cash investing activities | ||
| Non-cash property, plant and equipment additions |
Loading...
