Over at Yahoo! there's an analysis comparing CVRR and two others in a related sector focus. Because I don't personally track the third stock, I'll mention only CVRR and ALDW, both of which I carefully follow. For the sake of visibility, let me mention that I hold no position in CVRR at present. However, I have participated numerous times as a unit holder.
"Market Realist" is the analytics company responsible for the analytical item. They often put forth some interesting pieces but much of my personal sentiment comes as a result of my being an investor, understandably.
The main drift appears to be that one should not be expecting CVRR to change its style any time soon if we're addressing an likelihood of their resuming distributions. Pointed out is the fact that CVRR has not seen fit to distribute any of their precious cash flow for six quarters running! While it is a variable yielding MLP, it is difficult to believe the company couldn't have loosened the bootstraps however minimally and paid out a nickel or at least something.
I don't mean that to sound disparaging as it is entirely possible that Carl Icahn has understood the market very well and refused to risk the company by over-extending. The article doesn't say one way or another that the gods of Hydrocarbia have lined up in a manner suggestive of a forthcoming distribution to be---or not to be. At the same tie, however, there's not a modicum of a hint suggesting the opposite, either. RINs are an important bit of the focus and if we are to believe that CVRR has not demonstrated progress in taming the effects of RINs on the bottom line, then I have to think there's no payout to be.
Now, then---ALDW appears to be a different story. I'm going over there now to post a thought or two.
Happy hunting!
