This Company Was Attacked From All Angles
Perhaps 2012 was a bit of a tough benchmark year for many refiners to measure themselves against. After all, last year witnessed the United States' oil boom really gaining traction and a WTI-Brent spread that widened to double digits. Given the wild returns experienced by these companies, it made sense that a return to sea level was in the future.
Fast-forward to today, and you are now seeing market dynamics exerting their strength on companies like Alon USA Partners . With the price spread and the 3:2:1 crack spread both narrowing, Alon USA Partners' income was cut in half compared to the same period a year ago. If you're wondering how this could affect parent company Alon USA Energy and what other factors hampered ALDW this quarter, the video below contains your answers.
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The article This Company Was Attacked From All Angles originally appeared on Fool.com.Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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