SHHHHHHHH!!!!!!!!!!!!!!!!!!!!!
Don't tell anybody but ALDW will be paying us 15 cents per unit for the past quarter.
Throughput was at record levels for both refineries. Also, we learn there was a government-allowed exemption due very small refineries where RINs are involved. This resulted in a very substantial reduction in bottom line expenses enhancing distributable cash flow.
So this means we're back to a very solid 7% yield, give or take a few pennies. Units will be pricing higher, I predict, very likely in the $10 range as that works in a 6% yield scenario.
Much more meaningful to me is that we're coming out of what has traditionally been the slowest quarter of the year. Everything bodes well for those of us will large positions to do exceedingly well between now and year's end. I believe things are panning out much as we stalwarts have bee3n expecting.
Good fortunes to everybody!