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Wednesday, August 01, 2012 2:38:54 PM
The other company on the verge is HollyFrontier, an oil refiner and marketer. HollyFrontier is the only company mentioned here that is looking good not because of consolidation, but because of its long track record of being among the most profitable refiners in the U.S.
The company has low financial leverage and, most importantly, access to WTI crude, which trades at a discount to Brent and Louisiana Light Sweet crude.
"My well came in big, so big, Bick and there's more down there and there's bigger wells. I'm rich, Bick. I'm a rich 'un. I'm a rich boy." - Jett Rink
Don't believe anything I say. Do your own DD. Insert huge disclaimer here ____________.
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