RE:Maintained at Buy at TPH Ahead of Q3 Results; PT Of $ 30.00Put another way, verified street concensus expected cashflow (from other sources) is $1.11 as refining will hurt them AGAIN...
What i don't get is the stand alone refiners like VALARO are still reporting PROFITS (although down 60%+ from Q3 last year) while CVE is mostly providing ITS OWN OIL as part of this so called "VALUE CHAIN" but they still report downstream losses quarter after quarter...WHY???? dwdc