I've had a look at the accounts for WNR - interesting stuff. Net Sales in 2010 were $8m which included $9m losses from hedging. Net Sales in...
"Their profits should have gone up 30%+, but they were hedged all the way" Ah, there you go. I knew I was missing something.
Here they are relative to the S&P. Until recently they had both underperformed the S&P over the last 6 months. TSO has bounced back over the...
TSO and the crack spread:
Has anyone noticed the divergence between the crack spread and the share price of VLO and TSO? I had always assumed that the two would be...
I've just taken out a trial subscription. The "Weekly Spread Commentary" looks very good. It gives spread patterns which have occurred on a...
What are people's thoughts on Moore Research? Has anyone here taken a subscription? If so, what did you think? Their strategies seem to be...
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