RE:Some bullish comments here Shares are trading below IPO, prior management has destroyed all goodwill by pursuing a debt financed empire building strategy, focusing on EBITDA growth rather than DCF growth.
Credit to the new management for finishing the refinery turnaround, finishing the renewable diesel project and getting the Altagas deal this year.
However the Altagas deal hasn't even closed and the renewable diesel facility is only gradually ramping up to full capacity. This is a show me story, until we see any of this in a marked and promised improvement in DCF, share price is unlikely to move.