Could be a win-win for both parties so not necessarily a hit to shares.
In theory it should be supply and demand as a result of production, storage, and consumption. Toss in a bit of media reporting and pumpers, then it's anyone's guess.
from transcript: "The $0.15 dividends will be paid on March 12, June 12, September 11, and December 11, 2015 to all stockholders who own shares of PDL on March 5, June 5, September 4 and December 4, 2015."
It seems FULL picked up a few tricks from FSC and KCAP.
As of Sep 2014, Cushing capacity was 70.8M bbl.