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RealDutch

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RealDutch

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Re: aandt post# 1842

Wednesday, 06/29/2022 12:30:38 PM

Wednesday, June 29, 2022 12:30:38 PM

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Looks like $2.50/gallon could be the break-even point. (= $105/barrel)

Then, they are making (4-2.50) x 270,000 barrels x 42 gallons = $17M gross profit in Q2 on just the jet fuel.

Double it to $34M to include the diesel and naphtha.

This is why I am still comfortable with my estimate of $28M gross profit = EPS $1.62.
We can't fail.

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