The analysts were complimentary. The numbers are good AND they can cover the distribution without any problem. They are hedging these high crack spreads, locking in earnings for two years. They are not buying Brent but the less expensive WTI, canadian and dakota variety. Next, I got the distinct impression that they have another acquisition on the line. Just not ready to disclose. Look for Q1 to show strong gains from fuel savings!!! Mikey likey.
Managment continues to impress me with making all the right moves. I am pleased with the earnings and I believe that in the future we can expect even greater things to come from this company. Increased distribution, increased earnings, a strong moat, and a business model that has proven its success in the present, past and will continue to do so in the future.
Cheers to CLMT. My bold prediction is we will see $40.00 in the future.