everybody. Thanks, good Steve and morning,
As environment. I the continued difficult has economic on in assets this our reflect quarter, even perform well to
the few key quarter. me let first, our of cover So a metrics financial for
an of $X from the $XXX million, Our fourth million quarter. was increase total revenue
as increase by primarily utilization credits. that storms Now was turnaround had the quarter, offshore to activity this throughput improved as deficiency related well been prior and of shippers' impacted in
Now, end offset refinery partially of Convent increase XXXX. the at expiration this the of by certain was of the closure contracts Zydeco the and
$XX million, about along expenses profile from the were spending cost prior to operating resulting Zydeco related improved Our from and down with million our cost Norco quarter, primarily project an initiatives. $X at lower
million. $XXX cash adjusted levels prior for available Our after income increased $XX interest EBITDA And as and from throughput about activity. was $XXX And expense, all the equity distribution this, maintenance other mostly to was the investments with return turnaround was volumes offshore capital $XXX storms million. attributable to quarter, and partnership following normal million, adjustments, million total to due up from
now resulted quarter declared a for ratio LP Our of to per a partnership X.X distribution this in coverage unit $X.XX times. the
now, partnership's to sheet turn liquidity. the and So let me balance
As of March total XXst, of debt partnership outstanding had the $X.X billion.
as annualized on a EBIT strength of these effectively an to QX adjusted provides based it to X.X times navigate ratio equates balance flexibility this believe sheet in continue turbulent the our times. us to debt EBITDA. We Now to of
asset our Rack into to the Zydeco our sponsor to So we've few with Anacortes for turning our a portfolio, X.X% swap Starting remaining now pipeline. in with Truck updates. interest exchange the entered an
acquire facility. the the value the scale was we creating we Now to Zydeco future interest continue additional pathways for opportunities an create look remaining the where Corridor for the ways LOOP and efficient all from Louisiana have all to opportunity as to by way in Houston this growth to Southeast for to partnership
at covenants. used issued few balance year. was into expire million to facility. last due as to This was competitive Additionally, which This facility rate fixed producer facility. facility, new rates $XXX year. on quarter, several take It were sheet the and to rate low working interest we with sponsor, next to a advantage indicated carries of during was a debt X-year have retire environment was XX-year the entered proactively expect the And by the existing we turnarounds our able and
Now - the exit to both impact expected current for an roughly second on of continue to and $XX and income assets the can consolidated continue of our And schedule, to of method XXXX reaffirm all $XX cash based across actively Currently, work be to net reduce operated rate savings on million we income. available run to investments. million, primarily with to million in $XX we we cost operating distribution quarter. roughly to our our equity net pace
as environment. as of base we current continue with overall the asset close, Finally, to I pleased the diversified we're our performance macro navigate
all questions. Operator? now So we'll that, with take your
