Tristan R. Brown
Alternative energy, long/short equity, commodities, energy

Alon USA Energy Attempts To Rebound From A Tough Q2

Executive summary:

Despite a 70% increase in Alon USA Energy's share price at the beginning of 2013, the company's investors are back to where they were a year ago. Narrowing crude price differentials, an unexpected refinery shutdown, and higher RIN prices pushed the company's Q2 earnings down both QoQ and YoY. This article outlines the steps that the company is taking to respond to a tougher operating environment.

Investors in Alon USA Energy (NYSE:ALJ) saw their shares reach a new 12-month low this week, ending a period in which prices increased by 70% in three months only to retreat back to their starting point almost as quickly. This volatility has occurred against a backdrop of shrinking crude...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details