Hi Henry, as usual, if you wasn't reading my message through the bottom of a bottle, you would realize the difference in meaning between "available" and "presented". Now, back to your favorite corner :)
Yes they did. Letting us know on what page of the slides we could find certain information. Doesn't sound like you really listened to the CC.
NTI gets a substantial discount to WTI. I saw it once in a WTI article/report about a year ago, but I don't recall the exact amount. I believe at that time it was about $8.
Hi David, you've been away for some time now. Must be nice weather out on the coast.
I think WNR will report good earnings for Q3 come early Nov. However, I think the overall market and forecast for Q4 are very important factors in where WNR PPS will go. I'm guessing they will get back to $50 before end of year.
Upon looking back at the Q3, 2014 earnings, I did find that WNR was blessed by a strong WTI Midland/Cushing differential. However, their hedging gains were small at about $4 Million.
Jet, if this comparative situation still exists around the time of Q3 earnings report, load up the wagon. That was the case at Q2 earning report. I bought both stock and options and made a small killing.
Investors have been a little hands-off WNR since their involvement with MLPs NTI and WNRL. I'm thinking they don't know how to value them.
I think they're looking at the fact that the national retail gasoline price is $1 below a year ago.