Never happen. SEC issues with El Paso, Gallup and Artesia. Would be too much legal to overcome. TSO, big maybe. WNR has too much drama. Management quality is fair at best. These were the guys that saw big $$$ in Giant. After all that money they have a 20K firebomb in Gallup and AZ distribution. They had to give away a jewel, the NM 16 inch to get rid of Yorktown. If management knew what they had with the PL it could have been minting money. Instead they had to give it to PAA. All they have left is the line through a HQA that has to be monotored and maintained just to keep the operating permit. The only decent asset WRN has left is the EP facility. Think that is worth $40 a share?
a good point... w/o doubt!!!!!! I used to be near the refiner in Yorktown.... and can only envision ALL the potential PROB. or potential PROBS w/ the EPA.... ??? Unless I am of date with news and or the sale agreement... if even one exist... ??