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To: Paul Senior who wrote (30239)3/5/2008 4:16:07 PM
From: Broken_Clock  Respond to of 70590
 
I guess we'll know shortly. I added some Sept calls based on hope and faith that mngt knows how to get things back on track. -g- Pretty good implementation these past 2-3 years, IMHO.

edit:

Press Release Source: Alon USA Energy, Inc.

Alon USA Reports Fourth Quarter and Year-End 2007 Results
Wednesday March 5, 4:15 pm ET
Company schedules conference call for March 6, 2008 at 10:00 A.M. Eastern

DALLAS, March 5 /PRNewswire-FirstCall/ -- Alon USA Energy, Inc. (NYSE: ALJ - News; "Alon") today announced results for the quarter ended December 31, 2007. Net loss for the fourth quarter of 2007 was ($39.9) million, or ($0.85) per share, compared to net income of $22.0 million, or $0.47 per share, for the same period last year. Excluding special items, Alon recorded a net loss of ($41.5) million, or ($0.89) per share, for the fourth quarter of 2007, compared to net income of $26.0 million, or $0.56 per share, for the same period last year.


Net income for the year ended December 31, 2007 was $103.9 million, or $2.22 per share, compared to $157.4 million, or $3.37 per share, for the same period last year. Excluding special items, net income for the year ended December 31, 2007 was $99.5 million, or $2.13 per share, compared to $138.5 million, or $2.96 per share, for the same period last year.

Jeff Morris, Alon's President and CEO, commented, "The fourth quarter was a challenging quarter as earnings were negatively affected by record crude oil prices, which resulted in the worst quarter in the history of the company. However, 2007 was the second best year in the history of the company. In 2007 we set throughput records at each of our refineries and reached new sales levels in both our asphalt and convenience retail segments. We believe that the overall increase in sales by almost 50% year over year is a reflection of the potential and the future growth of our company."

Mr. Morris added, "On February 18, 2008, the Big Spring Refinery experienced a major fire. We believe we are adequately insured and are aggressively working to re-establish production at the facility. We are very proud of the performance of all Big Spring personnel and emergency responders which helped to limit the severity of injuries and damage to our equipment. Importantly, no major vessels, compressors, or motors will require replacement. We are currently ahead of our own internal schedule and continue to be optimistic about returning to the first stage of operation, producing gasoline, diesel and asphalt by the end of March.

"We are continuing to progress on our announced hydrotreater and mild hydrocracker projects at our California refineries and expect to complete these projects on schedule. In addition, our board of directors has approved plans for an initial public offering related to our retail and marketing businesses which we will seek to complete by year end. Our board of directors has also instructed us to continue to pursue the M&A activities we are currently evaluating. In sum, while we will be working hard to repair our Big Spring refinery, these efforts will not lessen our focus on opportunities to further our growth strategies."http://biz.yahoo.com/prnews/080305/law068.html?.v=101