NTI should outperform its peers in 4Q
40% of NTI's feedstock is Bakken.
The spread between Bakken and WTI is the largest I've ever seen it.
Differential between WTI and Bakken
The spreads between the other components of NTI’s feedstock mix and WTI are equally impressive and positive for 4q13 earnings.
And the price of gasoline in NTi's region has been on the rise since Nov 15.
The refinery was down for 2 weeks at the beginning of Q4.
My guess is the distribution will be north of $0.45.
December general is a ugly month for stocks in general because of tax loss selling. With the oils it's bit worst with spot jumping $5 in pass couple weeks. Then of course the market is all in a dither if QE3 will be taken away as if it's been of any real benefit. Any other answers to your questions would just be guessing and you know what that's worth, zero.