So please correct me if i am wrong
the expectations this quarter were $0.56 but pbf managed to get $0.76 = which is a 35% percent difference
if thats the case and they reported this 35% difference at $24 a share, the stock price should start trending towards $32.50 (in theory)....
never know for sure what the herd will do....I'm in watch mode with the 1st Q outage and natgas price hit. I do think O'malley is good...but there are price variables such as RIN's, weather, natgas, and rail delays along with changing spreads on crude..that regardless of how good an operator you are....you are still at their mercy. I just read to many cautionary comments in the CC transcript. Granted Macro market events can always trump any micro story. But I'm a watcher at present...I'd rather miss $$$ than lose $$$. JMHO GLTA