in dialed morning. who thanks everyone to Good today. And
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month we crude unwound to a oil curve. month future flatter are contracts due However, have to
team used August. we with quarter which arrangement, our purchase we optimizing fantastic As market a sell the product up To executed we through mentioned facilitate freeing until buy did storage we To arrangements lease. marketing previously, additional to and pipeline and for this system the customers business. the account the and contracts, storage for product the sell-buy accounting, marks finally in back derivative over the job
in the cash cash to a we recorded the million quarter, quarter. As gain $X.X the non-cash rising when of a also is prices recognize another realize we which $X second a to losses in the but non-cash The recorded approximately to loss expect million third quarter, third-party. August expect result of the sell gain over covers product in we
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our terminal for strategic company. in An step to pure-play is mentioned, become crude Blueknight previously a of businesses. is important our this direction we oil a vision As long-term review
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now engaged and have market. an We investment bank in active the
have eight we received private-public interest and to significant both optimistic parties months. transact over remain the six from We that able be will to next
are predict, However, aware, a all timing in the as on current especially difficult is to market transaction environment. you
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in summary businesses towards will asphalt We with ahead Adjusted objectives. year outpace are of the In last of and making last investors as we year. strategic to our keep the I'm terminalling remains performance progress long-term second crude to quarter apprised very continue EBITDA continue pleased our our core oil our process
success demonstrating has developing challenging environment the improve leverage We consistent solid metrics been to now and better with, Blueknight believe begin of personally and coverage I of market a our of and on of commitment manage this to performance employees with track both a is dedication. to for continuing testament support to with a coupled hard basis. all our and Knowing work their continued want record a are the a distribution to their leadership, transition thank firmly
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