Trailing PE: 39.75 and forward PE: 7.52. This implies a 400% earnings growth rate but their earnings estimates do not reflect this. In fact an EPS decline is expected.
Book Value per share: $2.91.
But I have to say that the divy rate is tempting but only if you are not buying a lot of nothing. I would not buy because the numbers don't make sense to me. Either they are getting incorrectly reported or something is terribly wrong.
Anything oil is volatile, but you can make money. People get the oil trade wrong quite a bit creating opportunities. ALDW had great Q1 earnings .... almost double last year .... announced this week. I thought it got down too much this morning, so I added a couple thousand more shares.
I added as well. I don't find that much wrong with NTI [ refinery re-opening with greater capacity,etc} do we think the price fell this after because of the SEC filing ?? The filing was nothing but some entity sold ? Any ideas or is it just volatility ? Thanks