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short term play
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When figuring the return one must figure
The distribution of 20 % for total reurn
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same thesis as nti - the crack spreads are structural because of the fracking revolution
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Strong market niche placement, cash thrifty, coupled with their mission statement "run at maximum through-put capacity," means this is a mighty little company.
I bought as much as i could afford after doing comparisons.
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Secret to pick. Psssshhhhhhh
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Huge beneficiary of the shale revolution. Low US oil vs High Brent = More money for ALDW...and ALJ as a beneficiary as they own 84%
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- recent IPOed refiner, underfollowed
- 26% yield, completely dependent on WTI/Brent spread
- waiting for yield chasers to bid this up
- not a long-term holding
Recs
New MLP from a conservative existing company with a solid track record and lower cost structure than most.
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