Alon USA Partners LP
Integrated Energy and Refiner Stocks with High Implied Volatility
As of November 8, 2016, Alon USA Partners (ALDW) had the highest implied volatility among the integrated energy and refining companies in this series.
Why Only 9 MLPs Ended in the Green Last Week
Alon USA Partners (ALDW), a downstream MLP involved in crude oil refining and refined products marketing, was the top MLP gainer last week.
Downstream MLPs among Top MLP Gainers Last Week
US downstream MLPs, including Calumet Specialty Products Partners (CLMT), Alon USA Partners (ALDW), and CVR Refining (CVRR), were among the top five MLP gainers last week.
Refining MLPs Surge after Trump’s Victory: Which One Looks Best?
Alon USA Partners (ALDW), CVR Refining (CVRR), and Calumet Specialty Products Partners (CLMT) have surged 17%, 22%, and 31%, respectively, since the start of November 2016.
The Top MLP Winners of 2017
The top three MLP gainers in 2017 were downstream MLPs Calumet Specialty Products Partners (CLMT), Alon USA Partners (ALDW), and CVR Refining (CVRR).
How a Fall in Crack Spreads Is Hurting Refining MLPs
The Gulf Coast 3-2-1 crack spread was $10.4 per barrel on June 16, 2016.
Calumet’s High Leverage: A Key Concern for Investors
Currently, Calumet Specialty Products Partners’ (CLMT) net debt-to-equity ratio stands at an alarmingly high level of 4.1x.
Why Is the Crack Spread Fueling Volatility in Refining Stocks?
As of October 6, 2016, Calumet Specialty Products Partners had the highest implied volatility among our list of integrated energy and refining companies.
The Baupost Group ups its stake in Idenix Pharmaceuticals
Idenix Pharmaceuticals (IDIX) accounted for a 6.25% position in Baupost’s fourth quarter portfolio. The hedge fund increased its stock holdings in Idenix last month.
CVR Partners: Top MLP Loser in the Week Ending January 26
CVR Partners, the MLP involved in nitrogen fertilizer production, was the top MLP loser in the week ending January 26. The partnership fell 7.1% last week.
How Do These MLPs Look in 2018?
MLPs had a strong start to the new year. The Alerian MLP Index rose 5% in the first week of 2018.
These 10 MLPs Offer a Maximum Upside from Current Levels
So far in 2017, most MLPs are trading in negative territory despite strong crude oil prices. The Alerian MLP ETF (AMLP), which comprises 25 energy MLPs, has lost 16.3% year-to-date.
Top MLP Gainers for Week Ended November 10
CSI Compressco (CCLP), a midstream MLP involved mainly in natural gas compression, was the biggest MLP gainer last week, which ended November 10, 2017.
Last Week’s Top MLP Gainers
CVR Partners (UAN), the MLP mainly involved in the production of nitrogen fertilizers, was the top MLP gainer last week. CVR Partners rose 7.7%.
Can Suburban Propane Partners Grow in the Long Term?
Suburban Propane Partners (SPH) distributes propane, fuel oil, and refined fuels.
Leading MLP Losers in Week Ended September 8
USD Partners (USDP), which owns, acquires, and develops crude oil by rail terminals, was the top MLP loser last week. It fell 17.4%.
These MLPs Fell More Than 7% Last Week
EV Energy Partners (EVEP) was the worst-performing MLP last week. It fell a massive 20.9% during the week.
These Energy Stocks Rose the Most Last Week
Oil field services stock CARBO Ceramics (CRR) was the biggest gainer among the energy sector stocks last week.
Which MLP Subgroups Were the Biggest Losers during May 2017?
Marine transportation MLPs fell ~13.5% during May 2017.
WTI and Brent Crude Oil Prices in 2015, Lowest since 2009
US benchmark WTI crude oil prices averaged at $49 per barrel in 2015. WTI and Brent crude oil prices closed below $40 per barrel in 2015.
Will the Gasoline and Distillate Inventory Pressure Crude Oil Prices?
The API (American Petroleum Institute) published its weekly crude oil, gasoline, and distillate inventory report on January 12, 2016.
Slowing US Crude Oil Output Could Impact US Refiners
US crude oil production fell for the eighth time in the last ten weeks. Crude oil prices rose almost 10% during the second week of October.
Seth Klarman’s Baupost Group raises its stake in PBF Energy
The Baupost Group raised its stake in PBF Energy Inc. (PBF) by 1,021,466 shares to own 1,976,606 shares at the end of the fourth quarter.
Seth Klarman’s Baupost Group buys stake in Kindred Biosciences
The Baupost Group opened a new position in animal health company Kindred Biosciences Inc. (KIN) that accounts for 0.92% of the fund’s $3.5 billion portfolio.