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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Alon Usa Energy Common Stick | NYSE:ALJ | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 13.32 | 0.00 | 01:00:00 |
DALLAS, Texas, June 3, 2016 /PRNewswire/ -- Alon USA Partners, LP (NYSE: ALDW) ("Alon Partners") today announced that the Big Spring refinery experienced an unplanned shutdown on May 30, 2016 due to a power outage caused by inclement weather. The power outage affected multiple units, which we are working to safely return to service. We now expect total throughput at the Big Spring refinery to average approximately 70,000 barrels per day for the second quarter of 2016.
Despite the power outage, we still expect to generate sufficient cash to support a distribution for the second quarter.
Alon USA Partners, LP is a Delaware limited partnership formed in August 2012 by Alon USA Energy, Inc. ("Alon Energy") (NYSE: ALJ). Alon Partners owns and operates a crude oil refinery in Big Spring, Texas, with a crude oil throughput capacity of 73,000 barrels per day. Alon Partners refines crude oil into finished products, which are marketed primarily in Central and West Texas, Oklahoma, New Mexico and Arizona through its integrated wholesale distribution network to both Alon Energy's retail convenience stores and other third-party distributors.
Contacts: |
Stacey Morris |
Investor Relations Manager | |
Alon USA Partners GP, LLC | |
972-367-3808 | |
Investors: Jack Lascar | |
Dennard • Lascar Associates, LLC | |
713-529-6600 | |
Media: Blake Lewis | |
Lewis Public Relations | |
214-635-3020 |
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alon-usa-partners-provides-operational-update-300279668.html
SOURCE Alon USA Partners, LP
Copyright 2016 PR Newswire
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