Alon USA Partners (NYSE:ALDW) is a downstream MLP which is involved in refining and the wholesale marketing of crude based products. The company recently went public late last year, when its general partner Alon USA Energy (NYSE:ALJ) issued about 18% of the units outstanding to the public. Alon Partners is highly sensitive to commodity prices, as the majority of its margin comes from crude oil spreads. Due to the nature of its business, Alon Partners does not offer a fixed quarterly distribution. Instead the company basically pays out nearly all of its cash flow quarter to quarter. Alon Partners' last quarterly distribution was for $1.48 per unit which would equate to a 25% yield at current...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|