Thank Richard. you,
$XX million to of averaged the adjusted $X.XX, million share. were of and in adjusted million $X.XX per barrel differential in EBITDA EBITDA second compared the per segment our $XX quarter earnings $X of million resulting combined per Singapore refining crude $XX loss $X.XX and adjusted Third barrel. and a Index reported was index $XX or The a Hawaii, quarter.
In
crack benefits the was totaling product gain and capture lag XXX%, margin $XX price million. While hedge including
XXX%. Excluding was capture these Hawaii benefits,
benchmark of to working June which our XXX%, between refinancing. capital range improvement capture to a margin and increasing annual are the XXX% $XX We over related incorporates guidance million
capture during per expect between fourth quarter, In Coast barrel, XX%, land differentials per $X.XX crude we posted quarter crude by the FIFO quarter Looking barrel. in billings, to the margin averaged Gulf to and our increase million, higher X mix an driven U.S. was $X.XX Hawaii the index crude costs $XX.XX lag turnaround crude light second reflecting on and primarily activities approximately differentials. $XX of
also were clean quarter Northwest, Eastern netbacks Pacific influenced on in by Third in which Washington. weighed market dynamics the product margins
costs in return to the Looking fourth quarter, are diet to production crude are return rate expected ahead, of completed, billings activities to feedstock run maintenance million. heavier as to with expected we costs approximately prior $XX coker fourth quarter improve a
Wyoming of Moving million. Adjusting to $X the was for factored XXX%, XX%, premiums. FIFO Wyoming, negative with including Coast capture summer FIFO, impact consistent to was typical index Gulf a
our competitively Washington, Coast. XX%, margin the market generated Tacoma averaged operating adjusted and during a jet $XX.XX West million serves refinery over XXX,XXX of in Pacific day reflecting day barrels throughput nearly to and million our EBITDA quarter sales per second EBITDA business in low-margin barrels cost through $XX capture third the on challenging XXX,XXX segment reported a the quarter refining operations record P&W per cycles.
The backdrop, across VGO $XX Northwest Tacoma capital and compared with the our was structure, in the by product Lastly, margin fuel Despite logistics Index low barrel quarter, third of Logistics and adjusted the combined per in positive driven the system. of
quarter in expenses to retail million, EBITDA million. expected in continued million during were $XX million during Our strong third deferred quarter by adjusted and working second to offset or provided inflow quarter $XX million the $X the $XX compared a drawdown compared reported $XX margins including million driven to expenditures turnaround third the approximately by $XX million operations in second of and related capital quarter. $XX totaled of the merchandise inventories third cash retail of fuel quarter Net performance was the partially growth EBITDA sales.
Corporate adjusted segment by expanding the improvement
during $XX in operations primarily Cash $XX capital quarter. items, investing Excluding totaled expenditures. these from related X was activities third cash million, million the to used
Moving to million. ABL of common third quarter borrowings by reducing $XX $XX financing while We activities. repurchased million the stock during
as $XXX adapting Xx of with it cycle.
This in million, liquidity well September $XXX margin dynamic, consisting our the $XXX remain sheet million objectives million concludes liquidity will strategy remarks. strategic minimum our to bottom availability and cash balance turn EBITDA.
Total and leverage of to as repurchase in you near our our was our XX Q&A. of share to September and term prepared debt is Operator, Logistics medium-term Retail to was liquidity and $XXX flow Our for term million, changes growth Xx our strong Gross and million we'll targeted achieve million through of $XXX debt back positioned $XXX the of XX through targets end between cash outlook.
