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CVR Refining, LP Message Board

  • hubcap1234_00 hubcap1234_00 Aug 27, 2014 7:01 PM Flag

    Main issue here is what the fire did

    Does anybody know the impact. Cracker went down a year ago and there was no warning relative to the output it sucked and the stock got killed. I am over invested in this right now. I am hoping they learned a lesson on that senario .... Im hoping. I dont want to sell this at a huge loss now in a non taxanle account. This the the most important factor in my opinion. If the downtime was not significant everything will be fine. Right buss right place right time. That is the question in my opinion. What is the impact of the industrial accident.

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    • Stay with CVRR; do not take a loss. Enjoy the higher returns. Just figure the CVRR refineries will be down
      for repair, steel weldment replacements and catalyst recharge for one month every year. CVRR refinery
      piping, vessels, heat exchangers and catalyst beds are subject to faster poisoning and corrosion rates because they refine crude high in hydrogen sulfide acid. There is a price to pay for using sour crude. That's why most refineries want sweet crude since is easier on the plant. Do not pay a high price for CVRR shares because of increased down time. I will not add shares over $22.50.

 
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