The $.03 raise is the largest quarterly increase we've seen since I bought CLMT three years ago. During last quarter's CC, the company hinted broadly that it could've given us a bigger increase then, but they elected to be conservative until they saw how the Superior refinery would pan out. I take today's increase as a very bullish move. It tells me that Superior is already accretive to earnings. It also suggests that the upcoming earnings report will be positive.
I am amazed at this company right now...I am VERY bummed I elected to jump ship. Looks like I'll need to get back involved in this thing...congrats to all those that remained loyal...looks like you are all reaping the benefits from it. GLTA.