Tuesday, December 22, 2015 9:47:05 AM
under leveraged refiner (lowest debt/eq in the industry) with an operating margin only 30% higher than WNR's, that pays a 16% distribution, sells into a basically captured market, and has direct access to the cheapest oil in NA.
Hell, WNR will run leverage that baby right up and distribute the benefits to anyone but the shareholders.
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