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Re: 56Chevy post# 306

Wednesday, 04/01/2015 11:28:01 AM

Wednesday, April 01, 2015 11:28:01 AM

Post# of 4325
So what do you think about half of net income for the year was from an income tax benefit? Following that, guess just wondering where a very small refiner should trade at on EBITDA multiple basis.

Although I have a feeling you are probably extrapolating '15 results from encouraging '14 margin data to get your price targets on a forward rather than trailing number :)

-Pagz

Twitter: @VincePagano

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