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I am curious if Greehey would be interested in acquiring the Eagle Point refinery that Sunoco is idling. This plant, along with Valero's nearby Paulsboro plant would be a nice addition to NS (or, possibly NSH). I think both refineries could be had for a little to nothing. Sunoco only paid 130 million for the plant 5 years ago, I think they would part with it for less than that now. I am not advocating that NuStar stray from its fee based strategy, but Greehey built Valero into a powerhouse buying refineries when no one wanted them, now that cycle is returning and he has the chance to pick them up for next to nothing....
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| Subject | Author | Rating | Time of Post (ET) | ||
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Greehey Opportunity
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rrb1981 | (1 Rating) | 7-Nov-09 09:45 pm | ||
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I'd like to see NS buy a refinery also. NS buying...
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equityboy46 | (1 Rating) | 8-Nov-09 10:24 pm | ||
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Maybe they are working on something better wi...
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oildog16 | (1 Rating) | 9-Nov-09 11:06 am | ||
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Looks like they will be buying something...
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motoamr | (1 Rating) | 9-Nov-09 04:54 pm | ||
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I hope they make a move to aquire t...
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rrb1981 | (1 Rating) | 10-Nov-09 08:00 am | ||
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I am not so sure about that. I...
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motoamr | (1 Rating) | 10-Nov-09 09:29 am | ||
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If they raised nearly 300...
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rrb1981 | (1 Rating) | 13-Nov-09 08:22 pm | ||
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add this to the disc...
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ah673000 | (1 Rating) | 18-Nov-09 05:09 pm | ||
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Agree with your...
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fluxcapacit... | (1 Rating) | 19-Nov-09 10:34 am | ||
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I would agree t...
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rrb1981 | (1 Rating) | 19-Nov-09 07:45 pm |
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