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Alias Born 04/19/2012

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Tuesday, 04/25/2023 2:26:57 AM

Tuesday, April 25, 2023 2:26:57 AM

Post# of 4323
Hi guys,

I'm sorry I have to share some bad news with you today but the chart below explains why. It shows the profit margin in dollars per gallon for jet fuel between 4 1/2 years ago and April 17, 2023.

Diesel isn't much better IMO.
So I have sold most of my shares and I have only a few left.
Is the party really over for refiners? Who really knows.
Currently I'm a seller $3 and a buyer at $2.
The good news, Q1 results will still be good. EPS probably close to $0.50, up from $0.27 a year ago.

Whatever happens next, good luck to you.


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