Alon USA Partners, LP (ALDW)

[pete807]

Debt/cash ratio here at ALDW very good, imo.... so value to me is much higher and risk is lower going forward.
Took off bit of KMI today on the gap up. Dry powder!
KMI is likely to come back up to high 20's at least with pipelines approved in Canada, but there are too many shares out, imo. Made a ton on it back in the KMP days. I will hold a reduced position after year end. If they raise the dividend as some expect it will be a good time to sell on the euphoria. Better pipeline plays get the freed up capital!
Thanks again for the early take on NGL. Turned into a great hold. I suspect they will also raise the payout next year.
GLTA!