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Re: pete807 post# 1804

Tuesday, 12/22/2015 7:52:36 PM

Tuesday, December 22, 2015 7:52:36 PM

Post# of 1887
Sorry about the MDR mistake. There is nothing good to say about the offshore oil business now, or for years to come.
I agree with at least a $.75 distribution, but WNR may fiddle the books.
The average PII 2:1:1 crack is now >25% below last q's average and 20% below last year's q4 average. Although, NTI should pickup 10% more production.
I recall that NTI has a 6-2-2-1-1 crack (more or less) and I don't know what that entails so I use the 2-1-1 crack for PADD II from Howardweil.com
I'd sell at $26.20 just because that's my average cost for this batch of NTI.
I would like to free up the $$ for other investments.