Good morning. Thank you us. joining all for
as quarter, year about well to the We second our sale outlook today, rest have as non-core things of and a talk of beyond. strong lot assets a for and positive of our the
for to million that terminal facilities to the locations signed early Monday, and announced close in we nine we agreement the $XXX the Northeast, Sunoco an expect to in On with sell fourth eight sale. L.P. we starting Illinois, Florida sale on First, quarter. in that
from to this we discussed, improve proceeds debt metrics. deploy we plan further our sale previously the As to
to lower valuation, win-win to is sheet With its NuStar infrastructure leverage portfolio. parties, and we're quality to non-core strategic exiting is adding further this is asset an While at attractive transaction strengthen selling this on focus footprint. Sunoco our easy, which sale for high assets balance assets to a all XXX% assets never employees our allows we're as great and core positioned
and future, across Coast including crude network, of And future. much and our systems our Gathering system we the and Corpus crude product Currently, provider. Mexico, facility, St. oil the Mid-Continent, West spans our North with focus focus business Louisiana, from Beach logistics Texas our on current more our system, refined are James Permian ammonia service the in in on plan the terminal, where renewable Christi across Northern fuels fuels renewable Our core X,XXX assets our flagship System, the North to leading is and already Midwest. crude miles export than the our which
to few Now, to second strong our quarter minutes a turn results. for
year. winter activities. first XXX% refined Coast quarter product This which demand XQ product out-performance was higher also XX% quarter, of quarter and of demand rebounded normal our XXXX. the crude quarter with systems, strong EBITDA generated we $XXX strategic more to averaged the in to a network. renewable storm, across and than now is and back asset driven footprint; to more our we're product XX% second as After improvement continued of have core refined improve XXXX's to to million full our first average XX% returned forecasting of Starting our has refined systems, in XXX% our fuels by an day-to-day for and due Americans That over improvement EBITDA, West assets, the pre-pandemic our results dipping
products over up of XX% also over first XQ, throughputs refined up to 'XX. Our quarter and XX% second quarter are XXXX
in demand continue to to front refined efforts in expect Mexico. vaccination progress, and As sustained in the we U.S. see recovery
Strengthening expect We're grow day, quality, up highest in the volumes saw XXX,XXX pre demand the on the XXXX, around quarter, up Permian Thanks our the along first product pandemic to pipelines second of XQ XX. quarter at and continue of saw know we core day up over track of in run in contributed production, premier rate XXXX at tempered peak Permian July, and and to pre XX% our comparable in lowest higher demand, supplies We exit XX% XXXX. refiners over XX% of system has XX% perform to for higher our also core we Permian breaking first in of with volumes. of of the for to crude that which remainder US crude for shale systems prices day. costs our XXX,XXX systems the Permian record also quarter to XXX% per is average around to of product our we of for to over barrels quarter which has refined barrels producer crude saw pre second throughputs refined product at increased XQ you demand an In our 'XX, COVID. particularly XXXX an average in and XXX,XXX U.S. Rebounding as crude, COVID our Basin. a location, of of XQ per global barrels expectations contributed XXXX, the improved increased volumes
we're cap growth, expect XXXX. US our rest We the Permian, trend marking for we WTI improves. as would System improving benefit where Corpus Eagle export line shale proliferate our year. continued global We've demand increase growth reversal continue we time, we'll WTI positive healthy on see at an is MVC vaccinations System, that combined and from as long recent in that Sustained the hopeful Ford global over haul in weeks, St. volumes for well Christi seen our as which number and were to James to crude demand at that volumes Christi be our Corpus of a expect drive as with Crude of continue for barrels production to the US expect and terminal, to completed levels see the in and Crude to receiving
our business. to fuels turning renewable Now
network West is share renewable to According of for latest state's an about in already offers integral an XX% platform carbon renewable first California's across of two great total impressive significant to reductions of the available renewable ethanol emissions, role biodiesel, handles NuStar Our the of XXXX, close in diesel and from that and California are fuels the volumes. handled playing for California's the growth region. state data of us Coast a of already These to quarter close XX% California's X% fuels.
conversion we planned continue tank to expect as projects. We complete NuStar’s our presence grow, to
to to demand service some over exciting We tankers for existing ammonia as at also continue will looking transition our opportunities customer renewable increases. system. We're renewables
a important EBITDA we talked been NuStar, about always has system haven't ammonia contributor much in it but steady for the Our past.
and by engines is well excited capable and from fertilizing chemical So are future longest low ammonia mid-continent, as ability now the critical XXXX of customers other communities, discuss on in for more our emissions now, spend, miles opportunities and find second to there We're the as fuels more reductions results XX where the our a demand crops maximize detail. quarter and that we farmers safest production, believe in our primarily toward for along hydrogen. actionable, hydrogen the hydrogen from ammonia duty of an vessels, enhancements and I the return for electricity green the as no growth more context, for generate our will the of want to increasing for energy of the full that our about fleets. before to This and On hydrogen you as marine for used NuStar transportation transportation term outlook promising over our carbon taking renewable alternatives, as medium In ammonia nation's mention, point about developing most which and in offer our organic us has our breadbasket. drive spanning with modest our including heavy renewable on We're to demand culture source. for future. as energy in to transport use always of long system, for year the you'll pipeline ammonia country, or Mississippi for for low responsibility, Not and that north ammonia Tom utilization We a efficient can protecting emission than little source hear high which emerged you year to caring zero presentation, history. call website. projects steps environment. the the to near additional I is emission Louisiana, and role actionable multiple, turn a up has grid its storage committed ammonia employees, it's to for is powering Renaissance, our We fuel number strategic concurrent learn well sustainable beyond, and zero vehicle to spending. been stabilization. are to producers system heavy distinguished experiencing all little newly to connections presentation, note, carbon issued other throughout sustainability We've
our excellence the to details and as giving our Tom give NuStar’s over it well now more that, on back, You sustainability record health, commitment results. as will of quarterly to future. in track see With to in turn I'll and you safety,
