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Timothy Smith

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Timothy Smith

Re: Penny Roger$ post# 519

Sunday, 11/24/2013 10:58:05 AM

Sunday, November 24, 2013 10:58:05 AM

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I believe TSO can quickly return its balance sheet to a position of strength by mid-2014.

Our modelling suggests that TSO could potentially lower its net debt/capitalization from 32% following the 2Q13 acquisition to under 10% within a year by 2Q14.

The velocity of balance sheet improvement following a US$1.0+bn acquisition may be unprecedented within the domestic refining industry.

Purely my own opinion. Do your Due Diligence.
Oil and Gas Stocks | Micro Cap | Small Cap | Mid Cap

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