Alon USA Partners, LP (ALDW)

[pete807]

cat... no worries as EPD is very stable and a core long termer for me. They raise the D every quarter and did through the 08 crash. Recently they decided to raise the D half as much in order to self fund instead of dilute. Also, and this is big for me, they bought out the GP so no IDR's

I have had it for 10 yrs and before me my dad liked the founding family the Duncans, told me way back int the 80's and 90's. The Duncans are still very long and involved. The current CEO Teague just loaded up some more units, too.

I added recently at about this current price, and it should do as jugs says reach $30. It is more a long term safe core play than your normal depressed coiled spring we love, lol. Park money you don't need to play other picks with... I hold 4700 units and cb is too low to sell, lol. Pays 2k every 90 days . $700/ mo
MLP return of capital :o)
-pete