Stock down .10. The stock never moves on these specials when will the company learn its money down the drain. Once they pay it its cash off the balance sheet. Buy back more stock as that at least removes shares from the float.
mario, we all know you you dislike "special" divvys(i am not a big fan either); but i think you are missing the meaning of this special divvy. by announcing before earnings,imo, i think they are telegraphing that they will hit earnings.
at what point will regular "special" divvys become percieved by the market as normal for HFC?
I think they are getting a pop because of ALJ's problems in Big Springs. HEP getting hit from same, they carry lots of that plant's product.
El Dorado and Tulsa margins should be great in March, with CVI down for 5 weeks:
CVR Energy (CVI) said on Feb. 9 the final phase of previously announced turnaround maintenance at its oil refinery in Coffeyville, Kansas, will get under way on Feb. 28. Crude unit No. 2, a coker unit, vacuum unit No. 2 and a hydrotreater will be shut for about four to five weeks for inspection and repairs.
Funny Icahn never made any mention of that...