Gary Bourgeault
Long only, research analyst, portfolio strategy, media

Can Alon USA Energy Maintain Its Torrid Pace?

The share price of Alon USA Energy, Inc. (NYSE:ALJ) has soared over 100 percent over the last 12 months, although it has dropped almost $5 per share since February 2013, recently falling below its 200-day moving average of $16.30.

This included a record EBITDA performance of $157 million for the latest quarter, which was even more impressive as it included a reduction of rates at both Big Spring and Krotz Springs because of reformer regenerations.

The company also sports a P/E ratio of 6.9, far below the S&P 500 P/E ratio of 17.7.

Markets Alon USA Energy operates in are the Western, South Central and Southwestern regions of the United States, offering refining and petroleum products. It serves...

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