Management attributes the $130 million EBITDA guidance increase to NGL segment outperformance, captured crude optimization, and the delayed timing of the NGL asset divestiture. Geopolitical disruptions, specifically the Strait of Hormuz closure, are viewed as a long-term catalyst for North American energy security, likely driving a global restocking of strategic petroleum reserves. The crude segment's quarterly performance was impacted by one-off headwinds including Permian winter weather, system main ...