Achieved record adjusted EBITDA of $144 million, driven by record volumes in Delaware crude gathering and increased utilization at the Libby gas complex. Strengthened competitive positioning through a 'three-stream' service platform in the Permian Basin, offering integrated crude, gas, and water solutions to producers. Advanced the integrated sour gas solution at the Libby complex, including the completion of the first Acid Gas Injection (AGI) well to address the regional shift from sweet to sour gas production. Successfully integrated H2O and Gravity water acquisitions, capitalizing on the critical and increasing need for produced water handling and disposal in the Delaware and Midland Basins. Maintained economic separation from sponsor Delek US, with third-party business expected to represent approximately 80% of run-rate EBITDA on a pro forma basis in 2026.