Robert Mosca : All right, thanks. Appreciate the time, everyone.
Karl Fails : You bet.
Operator: Our next question is from Selman Akyol with Stifel. Please proceed with your question.
Unidentified Analyst: This is Tyler on for Selman. I was wondering if in light of the NuStar acquisition news, if there was any color on how you are viewing the IDRs now?
Joe Kim : Hey, Tyler, this is Joe. The simple answer is nothing’s changed. Our goal is to create value for all our stakeholders, and ET is definitely one of them. I think our history shows that we’ve created value for all our stakeholders, and this NuStar transaction, I think, is a prime example where this is good for our general partners, good for SUN unitholders, is good for NuStar unitholders. It’s good for the people that hold our credits. So our path is exactly the same.
Unidentified Analyst: Appreciate that, Joe. Also wanted to know was there anything driving the recent volume strength or if it would be good to look at sort of that $2 billion is a good run-rate going forward?
Karl Fails : Yeah. I think as you’ve seen over the last couple of years, we’ve been successful at growing our volume. I talked about that a little bit in my prepared remarks. And that’s really — like I pointed out, we’ve been successful at deploying capital. So when we updated our guidance for the Europe and the West Texas asset announcements in January, we reaffirmed our EBITDA guidance. And then I think with this earnings release, we also reaffirmed that EBITDA guidance of $975 million to $1 billion, obviously, pre NuStar impacts. And I do think the components of that, whether it’s the volume or the margin or the capital also need to be updated a little. And I think we’re going to wait until we get closer to the NuStar close, and we’ll update all those components of guidance at the same time.
Specifically, on volume, I think our goal is to continue to grow our volume. I think the team has done a good job at finding opportunities, in deploying capital, again, both in those areas of branded and unbranded. And I think that should continue. And if anything, we should be able to accelerate some of that post NuStar. And we’ll fold that into our guidance that we give later in the year when we close on NuStar and clearly, we’ll pull that in at the end of the year, right? We’ll give guidance for 2025.
Unidentified Analyst: All right. Great color. Thanks for the time.
Operator: We have reached the end of the question-and-answer session. I would now like to turn the call back over to Scott Grischow for closing comments.
Scott Grischow : Well, thanks, everyone, for joining us on the call today. As always, we’re available for follow up questions. So please feel free to reach out at any time. Thanks, everyone. Have a good day.
Operator: This concludes today’s conference. You may disconnect your lines at this time. And we thank you for your participation.
