Alon USA Energy Inc (ALJ.N)
29 Jul 2016
* Says Q2 net sales of $1.01 billion versus $1.30 billion last year
* Alon USA energy, inc. Provides update on the activities of its special committee to review strategic alternatives
HOUSTON Alon USA Energy saw a 12 percent decline in fourth-quarter merchandise sales at retail gas stations in the Permian Basin in West Texas on reduced activity in the region because of low oil prices, Chief Executive Paul Eisman told analysts on Thursday.
HOUSTON Alon USA Energy does not expect to move ahead with its California oil-by-rail project or the restart of its shuttered refinery in Bakersfield "in the near future" because of low oil prices, Chief Executive Paul Eisman told analysts on Thursday.
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