Crude will drag energy down again today. On the way back up, whenever it happens... these two left in this small corner of the mlp sector will shine imo. They will have margin built in based on lower rather than higher crude while their storage barrels appreciate. Turnaround is on average once in 5 years and that is precisely why they are VARIABLE payers! I still prefer companies that are required by the law Reagan signed to give the bulk of earnings to the unit holders.
A small amount of DD would have made the drop in payout over at CVRR no surprise...
Amazing how that is totally overlooked by supposed smart investment community. I will be watching these two today for the op! GLTA!
"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-